Sold
$610,000
1046 SE Olive Way, Estacada, OR 97023
5beds
2,545sqft
Residential, Single Family Residence
Built in 2021
-- sqft lot
$609,600 Zestimate®
$240/sqft
$-- Estimated rent
Home value
$609,600
$573,000 - $646,000
Not available
Zestimate® history
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Owner options
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What's special
Avoid builder delays and rising interest rates with an assumable loan 2.75% Rate = as low as $2672/mo PITI! Buyer to do due diligence & must qualify w/Seller’s lender. Call for details! Exceptional Custom Home with RV Garage, Builder Upgrades & Large Backyard!! This meticulously maintained one-owner home, built in 2021, is located on a prime corner lot and offers the perfect blend of luxury & functionality suitable for multi-generational living. The main floor features a spacious primary bedroom suite with a luxurious walk-in shower, soaking tub, dual sinks, and a huge walk-in closet. A second room on the main floor could be easily used as a formal dining room for those who like to entertain, 5th bedroom/guest room, office or craft room. Upstairs, you’ll find 3 additional bedrooms, laundry room and a bonus room that could be used as a home gym, media room or playroom! The chef’s kitchen is a dream with a large island, quartz countertops, soft-close cabinetry, a farmhouse sink, a generous walk-in pantry & stainless steel appliances including a gas range. The open-concept living area includes a cozy propane fireplace and dining space leading to a covered patio with propane hookup - perfect for those summer BBQ's AND a hot tub offering the ideal spot to unwind in any weather. Enjoy the spacious, fully fenced backyard that’s ideal for gardeners and has ample room for a kids’ play area! 2 tool sheds offer extra storage. Builder upgrades include: LVP flooring, barn door, honeycomb blinds, high end ceiling fans, plumbed for central vacuum, tankless water heater and air conditioning to keep you cool during those warmer months+MORE! The sprinkler system makes lawn maintenance a breeze. RV bay 27'x12'H is equipped with 2x30-amp hookups making it perfect for storing your small RV, trailer, boat, work van or other toys! Enjoy all that Estacada has to offer with nearby lake & several parks for hiking, fishing, kayaking, etc. Schedule your private tour today!
Zillow last checked: 8 hours ago
Listing updated: August 29, 2025 at 05:27am
Listed by:
Denise Greisen 503-652-2260,
Century 21 North Homes Realty
Bought with:
OR and WA Non Rmls, NA
Non Rmls Broker
Source: RMLS (OR),MLS#: 634897893
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 2
Primary bedroom
- Features: Bathroom, Ceiling Fan, Closet Organizer, Barn Door, Double Sinks, Soaking Tub, Suite, Vaulted Ceiling, Walkin Closet, Walkin Shower, Wallto Wall Carpet
- Level: Main
- Area: 224
- Dimensions: 14 x 16
Bedroom 2
- Features: Closet, Wallto Wall Carpet
- Level: Upper
- Area: 182
- Dimensions: 13 x 14
Bedroom 3
- Features: Closet, Laminate Flooring
- Level: Upper
- Area: 132
- Dimensions: 12 x 11
Bedroom 4
- Features: Closet, Wallto Wall Carpet
- Level: Upper
- Area: 144
- Dimensions: 12 x 12
Bedroom 5
- Features: Builtin Features, Laminate Flooring
- Level: Main
- Area: 143
- Dimensions: 13 x 11
Family room
- Features: Ceiling Fan, Wallto Wall Carpet
- Level: Upper
- Area: 266
- Dimensions: 14 x 19
Kitchen
- Level: Main
- Area: 165
- Width: 15
Living room
- Features: Builtin Features, Ceiling Fan, Fireplace, Living Room Dining Room Combo, Sliding Doors, Laminate Flooring
- Level: Main
- Area: 432
- Dimensions: 27 x 16
Heating
- Forced Air 95 Plus, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Propane Water Heater, Tankless Water Heater
Features
- Ceiling Fan(s), High Ceilings, Hookup Available, Plumbed For Central Vacuum, Quartz, Soaking Tub, Vaulted Ceiling(s), Closet, Built-in Features, Living Room Dining Room Combo, Bathroom, Closet Organizer, Double Vanity, Suite, Walk-In Closet(s), Walkin Shower, Kitchen Island, Pantry
- Flooring: Tile, Wall to Wall Carpet, Laminate
- Doors: Sliding Doors
- Windows: Double Pane Windows
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Propane
Interior area
- Total structure area: 2,545
- Total interior livable area: 2,545 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, On Street, RV Boat Storage, Garage Door Opener, Attached, Extra Deep Garage, Oversized
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Doors, Accessible Entrance, Garage On Main, Main Floor Bedroom Bath, Parking, Walkin Shower, Accessibility
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Patio
- Exterior features: Garden, Gas Hookup, Raised Beds, RV Hookup, Yard
- Has spa: Yes
- Spa features: Free Standing Hot Tub
- Fencing: Fenced
- Has view: Yes
- View description: Trees/Woods
Lot
- Features: Corner Lot, Level, Sprinkler, SqFt 7000 to 9999
Details
- Additional structures: GasHookup, RVHookup, RVBoatStorage, ToolShed, HookupAvailable
- Parcel number: 05036391
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding, Lap Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2021
Utilities & green energy
- Gas: Gas Hookup, Propane
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: Sidewalk
Location
- Region: Estacada
- Subdivision: Thomas Heights
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $100 monthly
- Amenities included: Commons, Management
Other
Other facts
- Listing terms: Assumable,Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $610,000-1.6%$240/sqft |
Source: | ||
| 8/5/2025 | Pending sale | $619,900$244/sqft |
Source: | ||
| 7/17/2025 | Price change | $619,900-3%$244/sqft |
Source: | ||
| 6/17/2025 | Listed for sale | $639,000+20.5%$251/sqft |
Source: | ||
| 7/14/2021 | Sold | $530,225+4%$208/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,590 +2.3% | $356,385 +3% |
| 2023 | $5,465 +2.8% | $346,005 +3% |
| 2022 | $5,315 +301.6% | $335,928 +302.9% |
Find assessor info on the county website
Neighborhood: 97023
Nearby schools
GreatSchools rating
- 5/10Clackamas River Elementary SchoolGrades: K-5Distance: 0.7 mi
- 3/10Estacada Junior High SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Estacada High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Clackamas River
- Middle: Estacada
- High: Estacada
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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$609,600
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