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$809,950

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 3,039 Sq. Ft.
  • Updated 8 days ago

Next open house:

Open House: 11:00 AM - 1:00 PM

Saturday 8/22 11:00 AM - 1:00 PM

11654 SE Waterleaf Dr,Happy Valley, OR 97086

11654 SE Waterleaf DrHappy ValleyOR97086

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Designed outdoor living. Four-car garage. Sunset views. Set on one of Happy Valley's most desirable streets, this thoughtfully designed home offers a combination of space, functionality and lifestyle features that are difficult to replicate. Neighborhood trails and nearby schools further connect the property to everything that makes this Happy Valley location so desirable.Inside, high ceilings and abundant natural light define the open main level, where a statement stone fireplace anchors the living room and expansive windows capture beautiful western sunsets. The gourmet kitchen features custom cabinetry, stainless steel appliances, gas cooking, generous workspace and an effortless connection to the main living areas.A dedicated main-level office with direct backyard access creates flexibility for working from home while maintaining separation from the primary living spaces.Upstairs, the primary suite enjoys its own sunset views and features a spacious walk-in closet and well-appointed bath with dual vanity, walk-in shower and built-in soaking tub. Three additional bedrooms and a generous laundry room with built-in cabinetry complete the upper level.The tandem-deep four-car garage provides exceptional room for vehicles, recreation and storage, complemented by a finished flex space currently used as a private gym, and enjoy a Monkey Bars storage system. Out back, professionally designed landscaping, Trex decking, professionally designed french drains, a hot tub and natural gas BBQ connection create an outdoor environment that feels finished, intentional and ready to enjoy. Additionally a specious side yard creates room for trailer storage or a tool shed in the future. Hunter Douglas window coverings and thoughtfully selected improvements and care throughout reflect a home where function was considered alongside design.

Full Property Details for 11654 SE Waterleaf Dr

General

  • Price: $809,950
  • HOA FEE: $52/month
  • Taxes: $10,749 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 787827792
  • Updated: 8/13/2026
  • Added to Site: 10 day(s) ago

Interior

  • Interior Features: 3rd Floor, Ceiling Fan(s), Granite, High Ceilings, Laundry, Soaking Tub, Sprinkler, Tile Floor, Wall to Wall Carpet, Washer/Dryer, Wood Floors
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Built-in Oven, Built-in Range, Dishwasher, Disposal, Free-Standing Refrigerator, Gas Appliances, Granite, Island, Microwave, Stainless Steel Appliance(s)

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: 14 x 17, Upper, 238 Sq. Ft.
  • Bedroom 2: 11 x 12, Upper, 132 Sq. Ft.
  • Bedroom 3: 11 x 12, Upper, 132 Sq. Ft.

Other Rooms

  • Living Room: 22 x 15, Main, 330 Sq. Ft.
  • Kitchen: 20 x 13, Main, 260 Sq. Ft.
  • Dining Room: 11 x 13, Main, 143 Sq. Ft.
  • Den: 13 x 11, Main

Exterior

  • Exterior Features: Deck, Fenced, Free-Standing Hot Tub, Gas Hookup, Porch, Yard

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 4
  • Parking Features: Driveway

Location

  • County: Clackamas
  • Driving Directions: SE 122nd Ave to SE Mountain Gate Rd, to Waterleaf Dr

School Information

  • Elementary School: Spring Mountain
  • Middle School: Rock Creek
  • High School: Clackamas

Community

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

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Traditional
  • Basement Desc.: Storage Space
  • Roof: Composition
  • Windows: Double Pane Windows
  • Stories/Levels: 3
  • Square Feet: 3,039
  • Year Built: 2013
  • Property Condition: Resale

Lot Features

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

Financial Considerations

  • Association Fee: $52
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $10,749.7
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: SUBDIVISION RESERVE 4079 LT 17
  • Disclosures/Reports: Disclosure
  • Property ID: 5016504

Listed by MORE Realty (503) 353-6673, Tatyana Gavrilyuk (971) 258-4621

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Listing agent

— 11654 SE Waterleaf Dr —

  • Tatyana Gavrilyuk

    MORE Realty

    503-353-6673

971-258-4621

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NMLS#: 1598647

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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 11654 SE Waterleaf Dr

School District:North Clackamas School District 12
NameGradesDistance
Spring Mountain Elementary School
11645 Southeast Masa Lane, Happy Valley, OR 97086
K-50.4 mi
Rock Creek Middle School
14331 Southeast 132nd Avenue, Clackamas, OR 97015
6-81.4 mi
Clackamas High School
14486 Southeast 122nd Avenue, Clackamas, OR 97015
9-121.4 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 11654 SE Waterleaf Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/23/2026
Listed
$809,950
80%
MLS
10/16/2014
Sold
$449,960
—
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 11654 SE Waterleaf Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,750
4%
$543,692
3%
2024
$10,372
3%
$527,857
3%
2023
$10,079
10%
$512,483
6%
2021
$9,202
-4%
$483,066
-3%
2022
$9,548
4%
$497,557
6%
2021
$9,202
6%
$468,997
3%
2019
$8,671
12%
$455,337
3%
2018
$7,719
-1%
$442,075
3%
2017
$7,812
8%
$429,199
3%
2016
$7,209
3%
$416,698
3%
2015
$7,004
93%
$404,561
84%
2014
$3,627
189%
$219,411
203%
2013
$1,257
—
$72,458
—
View All
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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Listed by MORE Realty (503) 353-6673, Tatyana Gavrilyuk (971) 258-4621

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11654 SE Waterleaf Dr, Happy Valley, OR 97086 (MLS# 787827792) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 11654 SE Waterleaf Dr is currently listed for $809,950 and was received on August 12, 2026. Want to learn more about 11654 SE Waterleaf Dr? 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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