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New Construction Homes in Happy Valley, OR

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    Pleasant Valley Villages - The Classics Community

    $719,950 - $899,950

    Happy Valley, OR 97086

    • 3 - 5 Beds
    • 2,557+ Sq Ft

    Discover the pinnacle of modern living with Ichijo’s Earth Advantage Platinum level Certified energy-efficient homes! Our all-electric, net-zero energy-ready single-family homes redefine luxury with contemporary designs, innovative features like piano finish cabinetry, magnetic door stops, and standard air conditioning.Located in Happy Valley, OR, Ichijo is crafting 171 cutting-edge homes

    Ichijo USA Builder
    Pleasant Valley Villages - The Classics
  • /27

    Avery Terrace Community

    $489,995 - $699,995

    Happy Valley, OR 97086

    • 3 - 5 Beds
    • 1,812+ Sq Ft

    Welcome to Avery Terrace, a vibrant D.R. Horton new home community in Happy Valley, Oregon. Offering both townhomes and single-family homes, Avery Terrace provides a variety of options for every lifestyle. Ranging from 1,619 to 2,704 square feet. the homes at Avery Terrace come with 3 to 5 bedrooms, 2 to 3 bathrooms, and an attached garage. This community is now available for self-guided tours

    D.R. Horton Builder
    Avery Terrace
  • /8

    Pleasant Valley Villages Community

    $689,900 - $736,900

    Happy Valley, OR 97086

    • 3 - 4 Beds
    • 1,711+ Sq Ft

    Welcome to Pleasant Valley Villages, a community of new single- and two-story homes coming soon to Happy Valley, OR, where modern convenience meets scenic adventure—all just outside Portland. Residents will enjoy an intimate community setting with just nine homesites, along with access to resort-style amenities including a clubhouse, pavilion, community pool, playgrounds, walking trails and

    Lennar Builder
    Pleasant Valley Villages
  • /3

    $299,900 Lot/Land

    0 SE Dorset Ln, Happy Valley, OR 97086

    • 4.67 Acres
    • $64,218 per Acre

    Build your dream home in the heart of Happy Valley, minutes to Clackamas/Sunnyside. Unique property off semi-private drive. Buyer to do their own due diligence.

    Agent Photo

    Tracy Brophy

    Keller Williams Realty Portland Premiere

    (503) 342-2485

    0 SE Dorset Ln, Happy Valley, OR 97086
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    $2,499,000 Custom Home

    12510 SE Mt Scott Blvd, Happyvalley, OR 97086

    • 5 Beds
    • 5 Baths
    • 3,877 Sq Ft

    Spectacular custom primary on main build-to-suit home located in prestigious Happy Valley neighborhood. Custom stone counters and hardwood cabinetry in kitchen & bathrooms. Hardwood flooring in kitchen, tile flooring in baths. Stainless professional appliances. Greatroom features huge glass slider door to covered outdoor living area with counter and cooking. Huge bonus room up can be 4th bedroom.

    Agent Photo

    Eugene Lew

    RE/MAX Equity Group

    (503) 714-7757

    12510 SE Mt Scott Blvd, Happyvalley, OR 97086
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    $749,960 Custom Home

    10536 SE Heritage Rd, Happy Valley, OR 97086

    • 4 Beds
    • 3 Baths
    • 2,366 Sq Ft

    Spacious 4-bed, 3-bath home with 2,366 sq ft and 2-story layout. Features dual suites— one on the main, perfect for guests or office. Open-concept great room with gas fireplace flows into dining and kitchen w/eating bar, walk-in pantry. Primary suite includes soaking tub + walk-in closet. Large utility room, optional covered patio, and 2 car garage. Bright, functional, and perfect for modern

    Holden Wiseman SEKISUI HOUSE PNW, INC

    10536 SE Heritage Rd, Happy Valley, OR 97086
  • /19

    $2,035,000 Custom Home

    13733 SE Aldridge Rd, Happy Valley, OR 97086

    • 4 Beds
    • 3.5 Baths
    • 4,000 Sq Ft

    Set atop one of the highest points in Happy Valley, this proposed modern masterpiece by Park Place Properties LLC offers an unparalleled blend of luxury and lifestyle. The one-acre lot, with its gentle slope, provides a commanding position to take in sweeping, unobstructed views of majestic Mt. Hood. This is more than just a home; it’s a retreat designed to elevate every aspect of your life. The

    MacLayne Westberg Cascade Hasson Sotheby's International Realty

    13733 SE Aldridge Rd, Happy Valley, OR 97086
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    $1,899,000 Custom Home

    13191 SE Regency View St, Happy Valley, OR 97086

    • 5 Beds
    • 3.5 Baths
    • 4,634 Sq Ft

    Designed by a professional architectural designer, Regency Residence is one of the Pacific Northwest’s most distinctive offerings, where modern design, form, and function blend seamlessly with the surrounding natural landscape. Thoughtfully carved into a hillside within a prominent Street of Dreams neighborhood, the home spans three levels of contemporary living designed to maximize privacy while

    Benson Bui Real Broker

    13191 SE Regency View St, Happy Valley, OR 97086
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    $739,960 Custom Home

    10555 SE Heritage Rd Unit 219, Happy Valley, OR 97086

    • 4 Beds
    • 3 Baths
    • 2,260 Sq Ft

    Welcome to Scouters Mountain. Open 7 days a week 10-5pm, by appointment only Monday.. Please check in with the site agent at 10631 SE Heritage Rd. Photos of similar home. Finishes may vary. Great room concept open floorplan with large dining area. Gourmet kitchen includes SS appliances, slab countertops, high ceilings, island with eating bar and walk in pantry! Primary Suite on main with walk in

    Holden Wiseman SEKISUI HOUSE PNW, INC

    10555 SE Heritage Rd Unit 219, Happy Valley, OR 97086
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    $399,000 Lot/Land

    0 SE Summerfield Way Unit 770436216, Happy Valley, OR 97086

    • 0 Sq Ft

    Developable Land in midst of Happy Valley, Oregon. Approximately 2 acres. See attached Multi-Parcel Tax Lot ID. 3 Lots SOLD TOGETHER: 1) R8.5 (~.96 acre) 2) VR57 Open Space (~.92 acre) Adjacent and designated by Clackamas County as Open Space where Buyer to do Due Diligence. 3) VR57 (~.05 acre) and adjacent to (1) for additional access. Buyer to do all Due Diligence. Broker related to Seller.

    Maureen Grainger Century 21 North Homes Realty

    0 SE Summerfield Way Unit 770436216, Happy Valley, OR 97086
  • /2

    $3,900,000 Lot/Land

    11245 SE 172nd Ave, Happy Valley, OR 97086

    • 3.2 Acres
    • $1,218,750 per Acre

    Positioned directly on high-visibility SE 172nd Avenue at a prominent roundabout in the heart of Happy Valley’s fastest-growing corridor, this CCC – Community Commercial Center District zoned property offers a rare blend of immediate income and long-term redevelopment upside. The site is currently stabilized with a rented single-family home, along with additional barn and shop improvements that

    Alex Ianos Ianos Realty

    11245 SE 172nd Ave, Happy Valley, OR 97086
  • /14

    $597,000 Lot/Land

    0 SE 172nd Ave, Gresham, OR 97080

    • 4.81 Acres
    • $124,116 per Acre

    Unlock the potential of this spacious 4.81-acre lot, ideally situated just minutes from the Happy Valley Shopping Center. Currently zoned to build one single family residence AND one accessory dwelling unit! This is a rare opportunity to build your dream private estate, hold as an investment, or explore future development possibilities as the area continues to grow! Located inside the Urban

    Lindsay Taylor Keller Williams Realty Portland Elite

    0 SE 172nd Ave, Gresham, OR 97080
  • /48

    $1,670,000 Lot/Land

    9460 SE Jeanne Rd Unit 7200, Happy Valley, OR 97086

    • 10.79 Acres
    • $154,773 per Acre

    Choose your own adventure with this one-of-a-kind home, estate site, or development project on Scouters Mountain. Find a rare oasis of calm in the middle of the city with 10.79 secluded acres. The property currently is configured as single family residential & lives large. Amenities include a 2018 built 4 bed 3 bath 2,495 sq ft single level home. Shop needs? Enjoy 2,880 square feet of flexible

    Chuck Grant MORE Realty

    9460 SE Jeanne Rd Unit 7200, Happy Valley, OR 97086
  • /4

    $2,500,000 Lot/Land

    0 SE 172nd Ave, Portland, OR 97086

    • 9.77 Acres
    • $255,885 per Acre

    The Gateway to Growth on SE 172nd Avenue Opportunities like this are rare. Nearly 10 acres of untapped potential in one of the Pacific Northwest’s fastest-growing submarkets. Positioned along the high-traffic SE 172nd Ave corridor, this property delivers visibility, flexibility, and long-term upside.Whether you're looking to establish a commercial presence, develop retail, or build a high-density

    Joe Battaglia Windermere Realty Trust

    0 SE 172nd Ave, Portland, OR 97086
  • /35

    $2,300,000 Lot/Land

    10534 SE Vradenburg Rd, Happy Valley, OR 97086

    • 10.76 Acres
    • $213,755 per Acre

    Discover nearly 11 acres in the coveted Scouters Mountain, offering incredible potential for future growth. Zoned R20, this property presents the possibility for a 19-lot subdivision (buyer to perform due diligence), making it a standout opportunity for builders and investors looking to capitalize on a high-demand location. Set among scenic surroundings with beautiful Mt. Hood views, the property

    Cindy Somsanith Farrell Realty & Property Management, Inc

    10534 SE Vradenburg Rd, Happy Valley, OR 97086
  • /6

    $1,550,000 Lot/Land

    10986 SE Ridgeway Dr, Happyvalley, OR 97086

    • 5 Acres
    • $310,000 per Acre

    Truly rare opportunity for builders, investors, or developers to own dividable land located at the top of Mt.Scott. Land located in the desirable Happy Valley close to Clackamas Mall, parks, schools. Per city, land can be divided to five lots with variety of opportunities. Buyer to do your own due diligence.

    Viktor Rudnitskii Keller Williams Premier Partners

    10986 SE Ridgeway Dr, Happyvalley, OR 97086
  • /5

    $5,500,000 Lot/Land

    12801 SE Foxwood Ln, Happy Valley, OR 97086

    • 0 Sq Ft

    The final subdivision of scale in the heart of the fastest growing city in Oregon: The Foxwood Subdivision of Happy Valley has arrived. Sited on a secluded and private bluff, this new neighborhood is directly adjacent to Christilla Commons and across the street from the Happy Valley Town Center and City Hall. Offered here are 25 lots, numbers 1-20 and 25-29, that provide a multitude of

    Bret Bocci Suntree Inc., Realtors

    12801 SE Foxwood Ln, Happy Valley, OR 97086
  • /8

    $450,000 Lot/Land

    0 SE Armstrong Cir, Boring, OR 97089

    • 2.64 Acres
    • $170,455 per Acre

    Expansive Opportunity in the Heart of Happy Valley!Tucked off Armstrong Circle, this rare 2.64-acre parcel offers privacy, potential, and prime positioning in one of the area’s fastest-growing corridors. Zoned R-15 within the City of Happy Valley, the property presents a strong development opportunity, with the city indicating the potential for 6–7 buildable lots (pending sewer approval). The

    Tatyana Gavrilyuk MORE Realty

    0 SE Armstrong Cir, Boring, OR 97089
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    $2,400,000 Lot/Land

    11493 SE 82nd Ave, Happy Valley, OR 97086

    • 1.42 Acres
    • $1,690,141 per Acre

    Exceptional commercial opportunity in Portland on 1.42 acres with flexible MR1/RCC zoning and outstanding development potential. Situated in a high-traffic location, the property includes approximately 21,000 SF (0.48 AC) of front retail/restaurant-zoned land (RCC) and 40,855 SF (0.94 AC) of rear multifamily-zoned land (MR1), offering a rare mix of commercial and residential possibilities.

    Andrew Finkle Home & Hearth Realty Group

    11493 SE 82nd Ave, Happy Valley, OR 97086
  • /15

    $475,000 Lot/Land

    0 SE Hillcrest Rd, Happy Valley, OR 97086

    • 1.04 Acres
    • $456,731 per Acre

    Beautiful separate lot of record 1.04 acre available to build single family home or develop subdivision under R5 zoning in unincorporated Clackamas County. County says property qualifies for middle housing presenting an opportunity to develop multiple single family homes, 2-4 plexes, townhomes or cottage clusters. Adjacent home located at 9479 SE Hillcrest Rd with .59 acre also available. See ML#

    Nancy Carnahan Ventures Realty Group

    0 SE Hillcrest Rd, Happy Valley, OR 97086
  • /13

    $649,900 Lot/Land

    14790 SE 172nd Ave, Clackamas, OR 97015

    • 32,670 Sq Ft
    • $866,533 per Acre

    Developed land zoned as an Employment Center (EC) within the City of Happy Valley, with previously approved 7500 Sq Ft building plans included with the sale. The building could be divided into two spaces: owner/user and tenant, or two tenants. Zoning permits a variety of commercial uses, including light industrial, hospitality, medical, and more, with average daily traffic counts of 11,250.

    Adam Zagel John L. Scott Portland South

    14790 SE 172nd Ave, Clackamas, OR 97015
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    $349,999 Lot/Land

    10421 SE Quailridge Dr, Happyvalley, OR 97086

    • 18,295 Sq Ft
    • $833,331 per Acre

    Discover a rare opportunity in the gated Altamont community of Happy Valley! This premier 0.42-acre homesite offers panoramic views of Mt. St. Helens, the Cascade Mountains, and city lights. Fully improved with utilities and zoned Residential/R20, it’s builder-ready for your dream estate. Very convenient location just minutes to I-205, schools, shopping, and dining, Altamont is renowned for

    Joe Tran Real Estate Performance Group

    10421 SE Quailridge Dr, Happyvalley, OR 97086
  • /25

    $325,000 Lot/Land

    10469 SE Quail Ridge Dr, Happy Valley, OR 97086

    • 15,246 Sq Ft
    • $928,571 per Acre

    Custom Luxury Awaits in the Prestigious Gated Altamont Neighborhood of Happy Valley. Located in the highly sought-after Altamont community. Home to Street of Dreams showcases in 1999, 2008, and select homes in 2014. This .35-acre vacant view lot offers a perfect canvas to design your dream estate or build the previously HOA-approved Modern Prairie home plans featured in the photos. Enjoy sweeping

    Tonya Rourke Premiere Property Group, LLC

    10469 SE Quail Ridge Dr, Happy Valley, OR 97086
  • 10631 Heritage, Happy Valley, OR 97086

    Scouters Mountain Community

    $629,960 - $859,960

    Happy Valley, OR 97086

    • 3 - 6 Beds
    • 1,594+ Sq Ft
    Holt Homes Builder
    Scouters Mountain
  • 11689 Bridal Veil Falls, Happy Valley, OR 97086

    Pleasant Valley Villages Community

    $469,960 - $789,960

    Happy Valley, OR 97086

    • 3 - 5 Beds
    • 1,520+ Sq Ft
    Holt Homes Builder
    Pleasant Valley Villages

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Happy Valley, OR usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Happy Valley, OR hold their value?
Yes, especially in fast-growing areas of Happy Valley, OR. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Happy Valley, OR

Housing Trends

Median Sale Price
$671,000
Median Single Family Sale Price
$703,500
Median Townhouse Sale Price
$410,000
Median 2 Bedroom Sale Price
$299,900
Median 1 Bedroom Sale Price
$359,000
Average Price Per Sq Ft
$286
Number of Homes for Sale
172
Last 12 months Home Sales
490
Months of Supply
4.20
Median List Price
$690,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
2%

Popular Homebuilders in Happy Valley, OR

There are 4 homebuilders developing in new home communities in Happy Valley, OR.

Builder Communities Average List Price
Holt Homes 2 $687,460
Ichijo USA 1 $809,950
Lennar 1 $713,400
D.R. Horton 1 $594,995
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