12467 SE Water Drop Way

Happy Valley, OR 97086

$449,900
Price
3
Beds
1,564 Sq. Ft.
$288 / Sq. Ft.
1,564
Sq. Ft.
$288
per Sq. Ft.

Description

Experience this modern, smart, and energy-efficient home packed with all the bells and whistles in desirable Happy Valley! Lightly lived-in, move-in-ready home features 1,564 sq ft, 3 beds, 2.5 baths, & 1-car garage. The gourmet kitchen features quartz counters, a custom tile backsplash, newer stainless-steel appliances, a spacious pantry, ample cabinetry, and an oversized island with a bar. Bright and open great room with a contemporary fireplace and designer luxury vinyl plank flooring throughout...Experience this modern, smart, and energy-efficient home packed with all the bells and whistles in desirable Happy Valley! Lightly lived-in, move-in-ready home features 1,564 sq ft, 3 beds, 2.5 baths, & 1-car garage. The gourmet kitchen features quartz counters, a custom tile backsplash, newer stainless-steel appliances, a spacious pantry, ample cabinetry, and an oversized island with a bar. Bright and open great room with a contemporary fireplace and designer luxury vinyl plank flooring throughout the main level. Spacious dining area perfect for entertaining. Upstairs, the primary suite boasts vaulted ceilings, a large walk-in closet, and a spa-like bathroom with double sinks, quartz counters, and a walk-in shower. Convenient upstairs laundry with custom built ins. Two additional bedrooms and a full bathroom complete the upper level. Low-maintenance fully fenced backyard with astroturf and plenty of space for gardening or outdoor gatherings. Upgrades include Solar panels, EV charger, entire home surge protected, plumbing leak detection sensors, upgraded electrical panel. & security camera system creating a perfect blend of luxury and efficiency. Enjoy a vibrant community lifestyle with low-cost HOA amenities that include a pool, clubhouse, private basketball courts, parks, and scenic walking paths. Perfect for recreation and relaxation. Experience it all. Located in a great area with excellent schools and close to a wide range of amenities. Convenient and desirable location—perfect for comfortable living.
  1. Listed by Michele Montoya • MORE Realty

Property Details for 12467 Southeast Water Drop Way

Style
Stories2, Contemporary
Subdivision
HAPPY VALLEY
Parking Features
Driveway, On Street
Garage Spaces
1.00
Parking Total
1.00
LISTING UPDATED: 11/19/2025 07:12 PM

Property Details for 12467 Southeast Water Drop Way

StatusActive
MLS #503147306
Days on Market42
Taxes$5,292 / year
HOA Fees$167 / month
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Attached
Year Built2021
Lot Size-
CountyClackamas County

Location

Listing Courtesy of MORE Realty
Add your commute

Building Information for 12467 Southeast Water Drop Way

Stories2Year Built2021Building Size-Lot Size-

Payment Calculator

$2,831 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,223

Property Taxes

$441

HOA Dues

$167

The Payment Calculator is for illustrative purposes only.

Property Information for 12467 Southeast Water Drop Way

Summary
Location and General Information
  • Accessibility Features: Garageon Main
  • Country: US
  • Directions: 162ND/PLEASANT VALLEY PKWY TO MAJESTIC FALLS AVE TO SUNSHOWER PL TO WATER DROP WAY
  • Energy Efficiency Features: Double Pane Windows, Mini Split, Solar, Tankless
  • Road Surface: Paved
School Information
  • Elementary School: Scouters Mtn
  • High School: Clackamas
  • Middle Or Junior School: Happy Valley
Parking
  • Garage Type: Attached
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $5,292.33
  • Parcel Number: 05035864
  • Association Fee: $167.00
  • Association Fee Frequency: Monthly
  • Association Status: Active
  • Association Contact: Faith
  • Association Name: Rolling Rock Community Management
  • Association Phone: 503-330-2405
  • Association Email: info@rollingrockcm.com
  • Association Address: PO BOX 6597 Beaverton OR 97007
  • Tax Legal Description: SUBDIVISION PLEASANT VALLEY VILLAGES 4606 LT 101
Property
Lot Information
  • Lot Description: Level
  • Lot Size Range: Sq Ft0Kto2999
  • Lot Size: 0K to 2,999 Sq Ft
  • SqFt Source: Floor plan
Property and Assessments
  • Property Sub Type: Attached
  • Property Type: Residential
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 2021
Utilities
  • Cooling Description: Mini Split
  • Fuel Description: Electricity, Gas
  • Heating Description: Forced Air, Mini Split
  • Hot Water Description: Tankless
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding
  • Exterior Features: Fenced, Patio, Porch, Sprinkler, Yard
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Window Features: Double Pane Windows, Vinyl Frames
  • Fireplace Description: Electric
  • Fireplaces Total: 1
  • Interior Features: High Ceilings, High Speed Internet, Laundry, Luxury Vinyl Plank, Quartz, Vaulted Ceiling, Wallto Wall Carpet
  • SqFt Calculated: 1564
  • SqFt Lower Level Total: 0
  • SqFt Main Level Total: 671
  • SqFt Upper Level Total: 893
  • Bedrooms Total: 3
  • Stories: 2
  • Baths Total: 2.1
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Additional Features: Double Sinks, Quartz, Suite, Vaulted Ceiling, Walkin Closet, Walkin Shower, Wallto Wall Carpet
  • Primary Bedroom Level: Upper
  • Primary Bedroom SqFt: 165
  • Primary Bedroom Length: 11
  • Primary Bedroom Width: 15
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Length: 9
  • Bedroom 2 Width: 13
  • Bedroom 2 Level: Upper
  • Bedroom 2 SqFt: 117
  • 2nd Bedroom Additional Features: Closet, High Ceilings, Wallto Wall Carpet
Bedroom 3
  • Room Description: _3rd Bedroom
  • Bedroom 3 Length: 9
  • Bedroom 3 Width: 15
  • Bedroom 3 Level: Upper
  • Bedroom 3 SqFt: 135
  • 3rd Bedroom Additional Features: Closet, High Ceilings, Wallto Wall Carpet
Dining Room
  • Room Description: Dining Room
  • Dining Room Features: Great Room
  • Dining Room Additional Features: High Ceilings, Laminate Flooring
  • Dining Room Length: 7
  • Dining Room Width: 22
  • Dining Room Level: Main
  • Dining Room SqFt: 154
Family Room
  • Room Description: Family Room
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Dishwasher, Disposal, Free Standing Gas Range, Free Standing Range, Free Standing Refrigerator, Gas Appliances, Island, Microwave, Pantry, Plumbed For Ice Maker, Quartz, Stainless Steel Appliance
  • Kitchen Room Features: Dishwasher, Great Room, Island, Microwave, Pantry
  • Kitchen Room Additional Features: Free Standing Range, Free Standing Refrigerator, High Ceilings, Laminate Flooring, Quartz
  • Kitchen RoomLength: 11
  • Kitchen RoomWidth: 11
  • Kitchen Room Level: Main
  • Kitchen Room SqFt: 121
Living Room
  • Room Description: Living Room
  • Living Room Features: Fireplace, Great Room, Sliding Doors
  • Living Room additional Features: High Ceilings, Laminate Flooring
  • Living Room Length: 11
  • Living Room Width: 13
  • Living Room Level: Main
  • Living Room SqFt: 143
Baths
  • Baths Lower Level Full: 0
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 0.0
  • Baths Main Level Full: 0
  • BathsMainLevelPartial: 1
  • Baths Main Level Total: 0.1
  • Bathrooms Full: 2
  • Baths Partial: 1
  • Total Bathrooms: 3
  • Baths Upper Leve lFull: 2
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 2.0
Additional Room 1
  • Additional Room 1 Description: Laundry
  • Additional Room 1 Length: 6
  • Additional Room 1 Level: Upper
  • Additional Room 1 SqFt: 30
  • Additional Room 1 Width: 5
Additional Room 4
  • Additional Room 4 Features: Builtin Features
Town House
Town House Information
  • Townhouse Remarks Public: Amenities that include a pool, clubhouse, private basketball courts, parks, front yard maintenance, and scenic walking paths
Amenities
Amenities Information
  • Association Amenities: Basketball Court, Commons, Exterior Maintenance, Front Yard Landscaping, Maintenance Grounds, Management, Meeting Room, Party Room, Pool
  • Internet Service Type: Fiber Optics
Multi Family
Multi-Family Information
  • Security Features: Security System Owned
  • SqFt Approximate Building Total: 1564

Property History for 12467 Southeast Water Drop Way

DateEvent & SourcePriceAppreciation
Dec 8, 2020

Sold (Public Record)

Public Record #1470259382

$404,183—
DateEvent & SourcePrice
12/08/2020

Sold (Public Record)

Public Record #1470259382

$404,183

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12467 Southeast Water Drop Way

Taxable ValueLand-Additions-Total-
Tax Record2025$5,292 ($441 / month)
Home Facts
Beds3Total Finished SqFt1,564 SqFtAbove Grade Finished SqFt1,564 SqFtStyleSingle Family ResidenceCountyCLACKAMASAPN13E31CC10100

Schools near 12467 Southeast Water Drop Way

This home is within North Clackamas School District 12.
Rating
School
Type
Grades
Distance
Scouters Mountain Elementary School
Public - K to 5
Happy Valley Middle School
Public - 6 to 8
Adrienne C. Nelson High School
Public - 9 to 12
Clackamas Web Academy
Charter - K to 12
Rating
School
Distance
Scouters Mountain Elementary School
PublicK to 5

Happy Valley Middle School
Public6 to 8

Adrienne C. Nelson High School
Public9 to 12

Clackamas Web Academy
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 12467 Southeast Water Drop Way, Happy Valley, OR 97086

12467 Southeast Water Drop Way is a single family home for sale in Happy Valley, OR 97086. This property was listed for sale on November 19, 2025 by MORE Realty, it's currently listed at $449,900. It has been on the market for a total of 42 days and was last sold on December 8, 2020. This listing's school district is North Clackamas School District 12. Nearby schools include Scouters Mountain Elementary School, Happy Valley Middle School and Adrienne C. Nelson High School. 12467 Southeast Water Drop Way is a 3-bed, 3-bath, 1,564 sqft single family home built in 2021.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MORE Realty

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 11/19/2025 07:12 PM