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$429,900
New Listing

12478 SE WATER DROP WAY
Happy Valley, OR 97086

For Sale|Townhouse|Active
3
Beds
3
Total Baths
2
Full Baths
1
Partial Bath
1,551
SqFt
$277
/SqFt
2021
Built
Subdivision:
PLEASANT VALLEY
County:
Clackamas
Listing courtesy of Michelle Spanu of Cascade Hasson Sotheby's International Realty (503) 330-5573

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

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503-449-3661
Upcoming Open Houses
Due to COVID-19, we recommend you verify Open Houses before attending.
Sat, Apr 11, 1:00 PM - 3:00 PM
12478 SE WATER DROP WAY12478 SE WATER DROP WAY12478 SE WATER DROP WAY12478 SE WATER DROP WAY
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Discover this stylish, energy-conscious home in the sought-after Happy Valley community, thoughtfully designed with modern upgrades throughout. Gently lived in and truly move-in ready, this upgraded former model townhome offers 3 bedrooms, 2.5 bathrooms, and a single-car garage. The kitchen is a standout feature, showcasing quartz countertops, a custom tile backsplash, newer stainless-steel appliances, generous cabinetry, a roomy pantry, and a large island with bar seating—perfect for everyday living and entertaining. The main level features an open-concept great room filled with natural light, a sleek contemporary fireplace, and durable luxury vinyl plank flooring. Upstairs, the spacious primary suite impresses with vaulted ceilings, a walk-in closet, and a spa-inspired bathroom complete with dual sinks, quartz finishes, and a walk-in shower. You’ll also find a convenient laundry area with built-in storage, along with two additional bedrooms and a full bath. Step outside to a fully fenced, low-maintenance backyard featuring easy care landscaping and ample space for gardening.  Residents enjoy access to community amenities such as a pool, clubhouse, basketball courts, parks, and scenic walking trails—all with a low HOA. Located near top-rated schools and everyday conveniences, this home combines modern living with a prime location for an exceptional lifestyle.

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Listing Snapshot
Price 
$429,900
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
1,551 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
1
Lot Size 
0.04 Acres
Year Built 
2021
MLS® Number 
713762057
Status 
Active
Property Tax 
$5,848.4
HOA/Condo/Coop Fees 
$179 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
22 hours agoListing first seen on site
General Features
Acres 
0.04
Attached Garage 
Yes
Disclosures 
Disclosure
Foundation 
Pillar/Post/Pier
Garage 
Yes
Garage Spaces 
1
Land Lease 
No
Number Of Stories 
2
Parking 
DrivewayAttached
Parking Spaces 
1
Property Sub Type 
Townhouse
Sewer 
Public Sewer
SqFt Total 
1551
Style 
ContemporaryTownhouse
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalFree-Standing RangeMicrowavePlumbed For Ice Maker
Basement 
Crawl Space
Cooling 
Wall Unit(s)
Fireplace 
Yes
Fireplace Features 
ElectricInsert
Fireplaces 
1
Flooring 
Carpet
Heating 
Fireplace Insert
Interior 
Kitchen IslandVaulted Ceiling(s)
Window Features 
Storm Window(s)
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Exterior Features
Fencing 
Fenced
Lot Features 
Level
Patio And Porch 
Patio
Roof 
Composition
Windows/Doors 
Storm Window(s)
Community Features
Association Amenities 
Basketball CourtInsuranceMaintenance GroundsManagementMeeting RoomParty RoomPoolLandscaping
Association Dues 
179
Financing Terms Available 
CashConventionalFHA
HOA Fee Frequency 
Monthly
MLS Area 
_145
Roads 
Paved
Schools
School District
Unknown
Elementary School
Scouters Mtn
Middle School
Happy Valley
High School
Clackamas
Listing courtesy of Michelle Spanu of Cascade Hasson Sotheby's International Realty (503) 330-5573



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Cascade Hasson Sotheby's International Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-04-10 01:26 PM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
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