1041 Se Olive Way

Estacada, OR
$ 699,900 Beds 4 Baths 2.5 Sq 2,728 Virtual Tour
Monthly Estimate* How much can I afford?

Perched above the iconic Clackamas River, this truly unique and irreplaceable property offers an exceptional blend of breathtaking territorial views and peaceful Pacific Northwest living. Surrounded by lush forest, the home is thoughtfully designed to embrace its stunning natural setting, featuring abundant windows and open living spaces that bring the outdoors in.The open layout flows effortlessly into a chef-style kitchen, creating the perfect space for gathering, cooking, and entertaining while enjoying the surrounding scenery.Whether you're an outdoor enthusiast seeking easy access to nearby hiking and fishing or simply looking for a quiet retreat, this remarkable location offers the best of both worlds. Enjoy your morning coffee among the trees as fog drifts through the forest and across the river valley.The home features four bedrooms, a dedicated office, and an exceptional laundry room designed with both space and functionality in mind. The primary suite offers a spa-like bathroom, creating a private retreat to relax and unwind after a day of enjoying the outdoors. This is a property that truly must be experienced to fully appreciate the beauty, tranquility, and lifestyle it offers in the heart of the Pacific Northwest. Seller is a licensed Oregon Real Estate broker.

Active

  • Price
  • $ 699,900
  • City
  • Estacada
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • CLACKAMAS
  • Half Bathrooms
  • 1
  • Area
  • 145
  • Lot Size
  • Zip
  • 97023
  • Sqr Footage
  • 2,728
  • Year Built
  • 2026
  • Taxes
  • $ 2119
  • Style
  • Farmhouse
  • MLS#
  • 534988817
Listed By: Greentown Real Estate -
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer PublicSewer
Heating ForcedAir95Plus
Cooling AirConditioningReady
Roof Composition
Appliances Dishwasher,Disposal,FreeStandingGasRange,Island,Microwave,Pantry,Quartz,StainlessSteelAppliance,Tile
HOA Fee 103.0
Garage Spaces 2.0
Architectural Style Farmhouse
Year Built 2026
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Warranty HomeWarranty
Parcel Number 05036402
Accessibility GarageonMain,NaturalLighting
Assoc Fee Paid Per Monthly
County Clackamas
Property Type Residential
HOA Yes
Subdivision Name Thomas Heights
Full Baths 2
Status Active
Directions From OR-224,turn SE Main St,R 4th Ave,R on SE Mtn.View to SE Darrow Rd. R on SE Olive
High School Estacada
City Estacada
Disclosures Exempt
MLS Area _145
Listing Terms Cash,Conventional,FHA
Elementary School Clackamas River
Tax Annual Amount 2119.06
Middle/Junior High School Estacada
Property Condition NewConstruction
Standard Status Active
Accessory Dwelling Unit Y/N No
ViewDescription Territorial,TreesWoods
Legal Description SUBDIVISION THOMAS HEIGHTS 2 4626 LT 28
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities HighCeilings,Laundry,Quartz,TileFloor,WalltoWallCarpet
Total Fireplaces 1
Fireplace Features Propane
Hot Water Electricity
Window Features DoublePaneWindows
Total Bathrooms 2.1
FuelDescription Propane
Total Bedrooms 4
Total Baths 3
1/2 Baths 1

Exterior Features

Exterior Amenities CoveredDeck,Deck,Yard
Parking Features Driveway
Lot Features Sloped,Trees,Wooded
Water Source PublicWater
Total Parking 2.0
Garage Type Attached
Exterior Description BoardBattenSiding,CementSiding,LapSiding
Foundation Details ConcretePerimeter
Building Area Total 2728.0
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hillsboro, OR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Clackamas River Elementary School
Middle School Estacada Middle School
High School Estacada High School

Price History

3/12/2026 Listed $734,900
4/6/2026 4% - $709,900
6/29/2026 2% - $699,900

Property vs Zip Code Average in 97023

Price
AVG $740K
$700K
Taxes
AVG $4,228
$2,119
Year Built
AVG 2008
2026
Visits
AVG 139
369
Data Provided by Inside Real Estate®

Areas That We Cover

1041 Se Olive Way Estacada, OR is a Single Family Home for sale at $699900 with 2728 sqft and a lot size of Acre(s). 1041 Se Olive Way Estacada has 4 bedrooms, 2 baths and was built in 2026. The property's zip code is 97023 which is in Estacada, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.