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$1,299,000 -$11,691,000 (-90%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 3,600 Sq. Ft.
  • Updated 3 hours ago

Next open house:

Open House: 12:00 PM - 2:00 PM

Saturday 4/4 12:00 PM - 2:00 PM

11398 SE Cheerful Way,Happy Valley, OR 97086

11398 SE Cheerful WayHappy ValleyOR97086

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OPEN HOUSE SATURDAY: 12:00 - 2:00 Toll Brothers presents a thoughtfully designed contemporary home where elevated living meets refined style. Clean architectural lines and a striking exterior introduce a light-filled interior defined by soaring ceilings, expansive windows, and warm wood flooring throughout. The open-concept layout creates an effortless flow ideal for both everyday living and entertaining.A welcoming entry leads to the main living area, where the great room showcases dramatic volume, a statement fireplace, and seamless connection to the dining space and chef's kitchen. The kitchen features sleek cabinetry, premium stainless appliances, a spacious island, and modern lighting that enhances both function and design.Indoor-outdoor living takes center stage with expansive sliding doors opening to a private outdoor setting-perfect for dining, relaxing, or entertaining year-round. This natural extension of the home enhances both comfort and versatility.The primary suite offers a peaceful retreat with a spa-inspired bath, dual vanities, and a beautifully finished walk-in shower. Additional bedrooms provide flexibility for guests, work, or hobbies. Multiple living areas, custom built-ins, and a refined neutral palette complete this sophisticated, move-in-ready home designed for modern living. BONUS: All furniture included with FULL PRICE OFFER!!! Excellent Deal!!! Just bring your clothes!!

Full Property Details for 11398 SE Cheerful Way

General

  • Price: $1,299,000
  • HOA FEE: $65/month
  • Taxes: $12,350 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 433682262
  • Updated: 4/2/2026
  • Added to Site: 7 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Engineered Hardwood, Furnished, Garage Door Opener, Heated Tile Floor, High Ceilings, Laundry, Passive Solar, Quartz, Soaking Tub, Sound System, Sprinkler, Vaulted Ceiling(s), Wall to Wall Carpet, Washer/Dryer
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Gas
  • Appliances: Built-in Oven, Built-in Refrigerator, Butler's Pantry, Cooktop, Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Range, Free-Standing Refrigerator, Gas Appliances, Island, Quartz, Range Hood, Stainless Steel Appliance(s), Wine Cooler

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper - Full Baths: 2
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 5
  • Primary Bedroom: 20 x 15, Upper, 300 Sq. Ft.
  • Bedroom 2: 12 x 15, Main, 180 Sq. Ft.
  • Bedroom 3: 10 x 10, Upper, 100 Sq. Ft.
  • Bedroom 4: 11 x 10, Upper, 110 Sq. Ft.
  • Bedroom 5: 12 x 13, Upper, 156 Sq. Ft.

Other Rooms

  • Living Room: 15 x 18, Main, 270 Sq. Ft.
  • Family Room: 16 x 18, Upper, 288 Sq. Ft.
  • Kitchen: 10 x 18, Main, 180 Sq. Ft.
  • Dining Room: 17 x 14, Main, 238 Sq. Ft.

Additional Information

  • Shared Amenities: Commons

Exterior

  • Exterior Features: Covered Deck, Covered Patio, Deck, Fenced, Outdoor Fireplace, Porch, Security Lights, Sprinkler, WaterSense Irrigation, Yard

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 3
  • Parking Features: Driveway, On Street

Location

  • County: Clackamas
  • Driving Directions: scouter mountain to Right on Brave to Right on Baden Powell, left to Cheerful Way

School Information

  • Elementary School: Scouters Mtn
  • Middle School: Happy Valley
  • High School: Clackamas

Community

  • Community Name: 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
  • Association: Yes

Heating & Cooling

  • Heating Type: Active Solar, Forced Air - 95+%, Gas Stove
  • Heating Fuel: Gas, Solar

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Craftsman, Custom Style
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 3,600
  • Year Built: 2021
  • Property Condition: Approximately

Lot Features

  • Lot Size: 7, 000 to 9, 999 SqFt
  • Frontage: Concrete, Paved

Financial Considerations

  • Association Fee: $65
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $12,350.37
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: SUBDIVISION SCOUTERS MOUNTAIN 4560 LT 205
  • Disclosures/Reports: Disclosure
  • Property ID: 5034179

Listed by Windermere Realty Trust (503) 284-7755, Debra Neal (503) 572-4663

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Listing agent

— 11398 SE Cheerful Way —

  • Debra Neal

    Windermere Realty Trust

    503-284-7755

503-572-4663

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 11398 SE Cheerful Way

School District:North Clackamas School District 12
NameGradesDistance
Scouters Mountain Elementary School
10811 Southeast 172nd Avenue, Happy Valley, OR 97086
K-51.1 mi
Happy Valley Middle School
13865 Southeast King Road, Happy Valley, OR 97086
6-80.6 mi
Adrienne C. Nelson High School
14897 SE Parklane Dr, Happy Valley, OR 97015
9-121.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 11398 SE Cheerful Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/02/2026
Price Reduced
$1,299,000
-90%
MLS
3/27/2026
Listed
$12,990,000
922.03%
MLS
6/25/2021
Sold
$1,270,995
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 11398 SE Cheerful Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,350
4%
$618,114
3%
2024
$11,921
3%
$600,111
3%
2023
$11,588
9%
$582,633
6%
2021
$10,592
-4%
$549,189
-3%
2022
$10,984
4%
$565,664
6%
2021
$10,592
507%
$533,194
577%
2019
$1,744
—
$78,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Windermere Realty Trust (503) 284-7755, Debra Neal (503) 572-4663

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11398 SE Cheerful Way, Happy Valley, OR 97086 (MLS# 433682262) is a Single Family property with 5 bedrooms and 3 full bathrooms. 11398 SE Cheerful Way is currently listed for $1,299,000 and was received on March 27, 2026. Want to learn more about 11398 SE Cheerful Way? Do you have questions about finding other Single Family real estate for sale in Happy Valley? You can browse all Happy Valley real estate or contact a Coldwell Banker agent to request more information.

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