Discover the ultimate luxury living experience in this stunning 4,275 square foot home, located in this beautiful Happy Valley neighborhood on just under an acre lot. With 4 en suite bedrooms, and a total of 5 bathrooms, this extraordinary home provides a matchless level of comfort, style, privacy, and serenity. This home's impressive bright and airy floor plan is accentuated by 24' high ceilings in the entry/great room offering a warm and inviting space for entertaining. Imagine gatherings that sparkle in the home's vibrant heart, where a grand island, granite countertops, sleek stainless steel appliances, and ample counter space come together to create unforgettable memories. The perfect blend of modern updates and traditional charm. Visualize unwinding in the family room by the fireplace or reveling in the expansive outdoor entertaining space - this home masterfully blends luxury and comfort. Don't miss out on the opportunity to call this sensational home yours. Schedule your private viewing today.
Active
Price cut: $50.5K (10/5)
$1,089,000
12989 SE Mountain Gate Rd, Happy Valley, OR 97086
4beds
5baths
4,275sqft
Est.:
Single Family Residence
Built in 2005
0.99 Acres Lot
$-- Zestimate®
$255/sqft
$-- HOA
What's special
Grand islandSleek stainless steel appliancesExpansive outdoor entertaining spaceGranite countertopsAmple counter space
- 382 days |
- 639 |
- 33 |
Zillow last checked: 8 hours ago
Listing updated: December 16, 2025 at 01:26pm
Listed by:
Heather Marie Nerup 971-304-9187,
Coldwell Banker Professional Group - Lincoln City
Source: OCMLS,MLS#: LC-102668
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Water Heater
Features
- Vaulted Ceiling(s)
- Flooring: Tile, Wood
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 4,275
- Total interior livable area: 4,275 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, RV Access/Parking
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.99 Acres
Details
- Additional structures: Shed(s)
- Additional parcels included: Partition Plat 2001-127- Parcel 1
- Parcel number: 00126045
- Zoning description: R-1-A Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Stucco, Lap Siding
- Foundation: Concrete Perimeter
- Roof: Tile
Condition
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Happy Valley
Financial & listing details
- Price per square foot: $255/sqft
- Tax assessed value: $1,360,049
- Annual tax amount: $15,245
- Date on market: 12/6/2024
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$5,002/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2025 | Price change | $1,089,000-4.4%$255/sqft |
Source:  RMLS (OR) #24295329 Report a problem | ||
| 9/22/2025 | Price change | $1,139,500-0.9%$267/sqft |
Source:  OCMLS #24-2529 Report a problem | ||
| 5/26/2025 | Price change | $1,149,500-4.2%$269/sqft |
Source: RMLS (OR) #24295329 Report a problem | ||
| 4/23/2025 | Price change | $1,199,500-3.2%$281/sqft |
Source: RMLS (OR) #24295329 Report a problem | ||
| 12/6/2024 | Listed for sale | $1,239,000+59.9%$290/sqft |
Source: OCMLS #24-2529 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $15,245 -2.2% | $782,324 +3% |
| 2023 | $15,590 +11.2% | $759,538 +3% |
| 2022 | $14,024 +3.8% | $737,416 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,357/mo
Principal & interest
$4223
Property taxes
$753
Home insurance
$381
Climate risks
Neighborhood: 97086
Nearby schools
GreatSchools rating
- 6/10Happy Valley Elementary SchoolGrades: K-5Distance: 0.9 mi
- 4/10Happy Valley Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Adrienne C. Nelson High SchoolGrades: 9-12Distance: 2.5 mi
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