1587 SW Walters Loop

Gresham, OR 97080

$1,399,000
Price
4
Beds
5,540 Sq. Ft.
$253 / Sq. Ft.
5,540
Sq. Ft.
$253
per Sq. Ft.

Description

This stunning 5540 SqFt 4-bedroom, 3.5-bath home offers both luxury and functionality, perfect for those who appreciate the finer details and spacious living. The primary suite is an absolute retreat, featuring a huge bathroom with a walk-in shower, jacuzzi tub, and a fireplace and sweeping views from the attached balcony, offering the perfect place to unwind. The formal dining room is ideal for elegant gatherings, while the office, complete with built-in bookcases and desk, provides a quiet space...This stunning 5540 SqFt 4-bedroom, 3.5-bath home offers both luxury and functionality, perfect for those who appreciate the finer details and spacious living. The primary suite is an absolute retreat, featuring a huge bathroom with a walk-in shower, jacuzzi tub, and a fireplace and sweeping views from the attached balcony, offering the perfect place to unwind. The formal dining room is ideal for elegant gatherings, while the office, complete with built-in bookcases and desk, provides a quiet space for work or study. The formal living room showcases picturesque views that will leave you speechless. The kitchen is a chef’s dream, with an oversized island, gorgeous granite countertops, and beautiful wood cabinetry that highlights the attention to detail. The family room, with its own fireplace, provides a casual space for relaxation, and the informal dining area offers easy access to the balcony, making outdoor meals a breeze. 2nd & 3rd bedrooms with spacious Jack and Jill bathroom. The lower level is a fantastic entertainment area, featuring a wet bar, media room, 4th bedroom, full bath, and a sauna—perfect for relaxing. Step outside to the covered back patio with stamped concrete, overlooking just under an acre of fully fenced property, providing privacy and plenty of space for outdoor activities. The 4-car garage ensures ample storage, while a separate gym allows you to stay active in the comfort of your own home. This home is built to last and offers an opportunity to live in luxury with a gorgeous setting that’s truly one of a kind.
  1. Listed by Gretchen Spring • RE/MAX Equity Group

Property Details for 1587 Southwest Walters Loop

Style
Custom Style, Traditional
Parking Features
Driveway, Off Street
View
Mountain, Territorial, Trees Woods
Garage Spaces
5.00
Parking Total
5.00
LISTING UPDATED: 12/04/2025 12:41 PM

Property Details for 1587 Southwest Walters Loop

StatusActive
MLS #179985947
Days on Market305
Taxes$18,604 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2005
Lot Size0.88 AC / 38,332 SF
CountyMultnomah County

Location

Listing Courtesy of RE/MAX Equity Group
Add your commute

Building Information for 1587 Southwest Walters Loop

Stories2Year Built2005Building Size-Lot Size0.88 AC / 38,332 SF

Payment Calculator

$8,463 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,913

Property Taxes

$1,550

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1587 Southwest Walters Loop

Summary
Location and General Information
  • Accessibility Features: Main Floor Bedroom Bath, Utility Room On Main, Walkin Shower
  • Country: US
  • Directions: Top of Walters Hill- Powell to walters to walter loop
  • Road Surface: Concrete, Paved
School Information
  • Elementary School: Hollydale
  • High School: Gresham
  • Middle Or Junior School: Dexter Mc Carty
Parking
  • Garage Type: Attached, Oversized, Tandem
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $18,604.28
  • Parcel Number: R489346
  • Tax Legal Description: VIEW CREST HEIGHTS, LOT 8
Property
Lot Information
  • Acres: 0.88
  • Lot Description: Gentle Sloping, Secluded, Trees
  • Lot Size Square Feet: 38332.0
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
  • SqFt Source: RMLS
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Public Water
  • Property Condition: Resale
  • Year Built: 2005
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding, Cultured Stone
  • Exterior Features: Covered Patio, Fenced, Patio, RVBoat Storage, Security Lights, Sprinkler
  • Roof Type: Composition
  • RV Description: RVParking, RVBoat Storage
Interior Features
  • Foundation Details: Slab
  • Window Features: Double Pane Windows, Vinyl Frames
  • Fireplace Description: Gas
  • Fireplaces Total: 2
  • Interior Features: Central Vacuum, Garage Door Opener, Granite, Hardwood Floors, High Ceilings, Laundry, Sprinkler, Tile Floor, Wallto Wall Carpet
  • SqFt Calculated: 3860
  • SqFt Lower Level Total: 1680
  • SqFt Main Level Total: 3860
  • SqFt Upper Level Total: 0
  • Bedrooms Total: 4
  • Stories: 2
  • Baths Total: 3.1
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Level: Main
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Level: Main
Bedroom 3
  • Room Description: _3rd Bedroom
  • Bedroom 3 Level: Main
Dining Room
  • Room Description: Dining Room
  • Dining Room Level: Main
Family Room
  • Room Description: Family Room
  • Family Room Level: Lower
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Builtin Oven, Dishwasher, Disposal, Double Oven, Free Standing Refrigerator, Gas Appliances, Granite, Island, Microwave, Pantry, Plumbed For Ice Maker, Pot Filler, Stainless Steel Appliance, Tile
  • Kitchen Room Level: Main
Living Room
  • Room Description: Living Room
  • Living Room Level: Main
Baths
  • Baths Lower Level Full: 1
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 1.0
  • Baths Main Level Full: 2
  • BathsMainLevelPartial: 1
  • Baths Main Level Total: 2.1
  • Bathrooms Full: 3
  • Baths Partial: 1
  • Total Bathrooms: 4
  • Baths Upper Leve lFull: 0
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 0.0
Additional Room 1
  • Additional Room 1 Description: _4th Bedroom
  • Additional Room 1 Level: Lower
Additional Room 2
  • Additional Room 2 Description: Sauna
  • Additional Room 2 Level: Lower
Additional Room 3
  • Additional Room 3 Level: Lower
Multi Family
Multi-Family Information
  • SqFt Approximate Building Total: 5540

Property History for 1587 Southwest Walters Loop

DateEvent & SourcePriceAppreciation
Jan 20, 2021

Sold (Public Record)

Public Record #688126440

$830,000—
DateEvent & SourcePrice
01/20/2021

Sold (Public Record)

Public Record #688126440

$830,000

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

Public Records for 1587 Southwest Walters Loop

Taxable ValueLand-Additions-Total-
Tax Record2024$18,604 ($1,550 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt5,962 SqFtAbove Grade Finished SqFt5,540 SqFtFinished Basement SqFt422 SqFtUnfinished Basement SqFt1,258 SqFtStories1Lot Size38,227 SqFtStyleSingle Family ResidenceYear Built2005ZoningLDRCountyMULTNOMAHAPN1S3E16AC 00800Fireplace TypeHas Fireplace

Schools near 1587 Southwest Walters Loop

This home is within Gresham-Barlow School District 10j.
Rating
School
Type
Grades
Distance
West Gresham Elementary School
Public - K to 5
Dexter Mccarty Middle School
Public - 6 to 8
Gresham High School
Public - 9 to 12
Metro East Web Academy
Charter - K to 12
Rating
School
Distance
West Gresham Elementary School
PublicK to 5

Dexter Mccarty Middle School
Public6 to 8

Gresham High School
Public9 to 12

Metro East 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 1587 Southwest Walters Loop, Gresham, OR 97080

1587 Southwest Walters Loop is a single family home for sale in Gresham, OR 97080. This property was listed for sale on February 6, 2025 by RE/MAX Equity Group, it's currently listed at $1,399,000. It has been on the market for a total of 305 days and was last sold on January 20, 2021. This listing's school district is Gresham-Barlow School District 10j. Nearby schools include West Gresham Elementary School, Dexter Mccarty Middle School and Gresham High School. 1587 Southwest Walters Loop is a 4-bed, 4-bath, 5,540 sqft single family home built in 2005.

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 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 RE/MAX Equity Group

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 © 2025 RMLS, Portland, Oregon. Last updated: 12/04/2025 12:41 PM