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.
Active
$1,399,000
1587 SW Walters Loop, Gresham, OR 97080
4beds
5,540sqft
Est.:
Residential, Single Family Residence
Built in 2005
0.88 Acres Lot
$-- Zestimate®
$253/sqft
$-- HOA
What's special
- 312 days |
- 377 |
- 19 |
Zillow last checked: 8 hours ago
Listing updated: December 04, 2025 at 04:41am
Listed by:
Gretchen Spring 503-964-7994,
RE/MAX Equity Group
Source: RMLS (OR),MLS#: 179985947
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
- Main level bathrooms: 3
Rooms
- Room types: Bedroom 4, Sauna, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Bedroom 4
- Level: Lower
Dining room
- Level: Main
Family room
- Level: Lower
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Built In Oven, Dishwasher, Disposal, Double Oven, Free-Standing Refrigerator, Gas Appliances, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Gas Water Heater
- Laundry: Laundry Room
Features
- Central Vacuum, Granite, High Ceilings, Kitchen Island, Pantry, Pot Filler, Tile
- Flooring: Hardwood, Tile, Wall to Wall Carpet
- Windows: Double Pane Windows, Vinyl Frames
- Number of fireplaces: 2
- Fireplace features: Gas
Interior area
- Total structure area: 5,540
- Total interior livable area: 5,540 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Driveway, Off Street, RV Boat Storage, Garage Door Opener, Attached, Oversized, Tandem
- Attached garage spaces: 5
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Main Floor Bedroom Bath, Utility Room On Main, Walkin Shower, Accessibility
Features
- Stories: 2
- Patio & porch: Covered Patio, Patio
- Fencing: Fenced
- Has view: Yes
- View description: Mountain(s), Territorial, Trees/Woods
Lot
- Size: 0.88 Acres
- Features: Gentle Sloping, Secluded, Trees, Sprinkler, SqFt 20000 to Acres1
Details
- Additional structures: RVBoatStorage
- Parcel number: R489346
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom Style,Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding, Cultured Stone
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2005
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security Lights, Fire Sprinkler System
HOA
- Has HOA: No
Location
- Region: Gresham
Financial & listing details
- Price per square foot: $253/sqft
- Tax assessed value: $1,186,060
- Annual tax amount: $18,604
- Date on market: 2/6/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete, Paved
Estimated market value
Not available
Estimated sales range
Not available
$5,494/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Price change | $1,399,000-4.7%$253/sqft |
Source:  RMLS (OR) #179985947 Report a problem | ||
| 5/10/2025 | Price change | $1,468,000-3.3%$265/sqft |
Source: RMLS (OR) #179985947 Report a problem | ||
| 3/25/2025 | Price change | $1,518,000-1.3%$274/sqft |
Source: RMLS (OR) #179985947 Report a problem | ||
| 2/7/2025 | Listed for sale | $1,538,000+85.3%$278/sqft |
Source: RMLS (OR) #179985947 Report a problem | ||
| 1/22/2021 | Sold | $830,000-5.1%$150/sqft |
Source: RMLS (OR) #20349696 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,435 +4.5% | $955,060 +3% |
| 2024 | $18,604 +9.8% | $927,250 +3% |
| 2023 | $16,950 +2.9% | $900,250 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,023/mo
Principal & interest
$5425
Property taxes
$1108
Home insurance
$490
Climate risks
Neighborhood: Gresham Butte
Nearby schools
GreatSchools rating
- 7/10East Gresham Elementary SchoolGrades: K-5Distance: 1.1 mi
- 2/10Dexter Mccarty Middle SchoolGrades: 6-8Distance: 1.2 mi
- 4/10Gresham High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Hollydale
- Middle: Dexter Mccarty
- High: Gresham
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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