16703 Se Multnomah Falls Dr

Happy Valley, OR
$ 731,900 Beds 4 Baths 3 Sq 2,341
Monthly Estimate* How much can I afford?

Welcome to Pleasant Valley Villages by Lennar! This move-in-ready home offers 4 bedrooms and 3 full bathrooms in a thoughtfully designed two-story layout. The open-concept kitchen, dining area, and Great Room flow seamlessly to a covered patio, making indoor-outdoor entertaining easy. A main-level bedroom and full bath provide the perfect space for guests or a home office. Upstairs, you'll find a spacious bonus room, two secondary bedrooms, and a luxurious owner's suite featuring a private bath and walk-in closet. Home Complete in August

Active

  • Price
  • $ 731,900
  • City
  • Happy Valley
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • CLACKAMAS
  • Half Bathrooms
  • 0
  • Area
  • 145
  • Lot Size
  • Zip
  • 97086
  • Sqr Footage
  • 2,341
  • Year Built
  • 2026
  • Style
  • Stories2,Modern
  • MLS#
  • 793960659
Listed By: Lennar Sales Corp -
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer PublicSewer
Heating ForcedAir95Plus
Cooling CentralAir
Roof Composition,Shingle
Appliances BuiltinRefrigerator,Dishwasher,Disposal,GasAppliances,Island,Microwave,PlumbedForIceMaker,Quartz,SolidSurfaceCountertop,StainlessSteelAppliance
HOA Fee 91.0
Garage Spaces 2.0
Architectural Style Stories2,Modern
Year Built 2026
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Warranty BuilderWarranty
Parcel Number New Construction
Accessibility GarageonMain,MainFloorBedroomBath
Assoc Fee Paid Per Monthly
County Clackamas
Property Type Residential
Association Amenities FrontYardLandscaping,MaintenanceGrounds,Management,Pool,RecreationFacilities
HOA Yes
Subdivision Name PLEASANT VALLEY VILLAGES
Full Baths 3
Status Active
Directions East on Sunnyside Rd,Left on 162nd,Left on Majestic Falls Ave
High School Adrienne Nelson
City HappyValley
Disclosures Exempt
MLS Area _145
Listing Terms Cash,Conventional,FHA,VALoan
Elementary School Scouters Mtn
Middle/Junior High School Happy Valley
Property Condition NewConstruction
Standard Status Active
Accessory Dwelling Unit Y/N No
Legal Description SUBDIVISION PLEASANT VALLEY VILLAGES NO. 10 4774 LT 807
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities GarageDoorOpener,HighCeilings,Laundry,LuxuryVinylPlank,Quartz,WasherDryer
Basement CrawlSpace
Total Fireplaces 1
Fireplace Features Gas
Hot Water Tankless
Window Features DoublePaneWindows,VinylFrames
Total Bathrooms 3.0
FuelDescription Gas
Total Bedrooms 4
Total Baths 3

Exterior Features

Exterior Amenities CoveredPatio,Patio,Sprinkler,Yard
Parking Features Driveway,OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 2.0
Garage Type Attached
Exterior Description BoardBattenSiding,CementSiding,LapSiding
Foundation Details ConcretePerimeter,StemWall
Building Area Total 2341.0
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 Scouters Mtn Elementary School
Middle School Happy Valley Middle School
High School Adrienne Nelson High School

Price History

7/19/2026 Listed $731,900

Property vs Zip Code Average in 97086

Price
AVG $900K
$730K
Year Built
AVG 2006
2026
Visits
AVG 127
63
Data Provided by Inside Real Estate®

Areas That We Cover

16703 Se Multnomah Falls Dr Happy Valley, OR is a Single Family Home for sale at $731900 with 2341 sqft and a lot size of Acre(s). 16703 Se Multnomah Falls Dr Happy Valley has 4 bedrooms, 3 baths and was built in 2026. The property's zip code is 97086 which is in Happy Valley, 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.