SE Armstrong Cir, Happy Valley, OR 97089
Clackamas County
Key Facts
Description
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 City of Happy Valley has confirmed they’ve acquired the adjacent property and plan to construct a public works facility—along with paving a portion of the easement that provides more comfortable access to this site. A completed survey has been done by seller, and the location is minutes from top-rated schools, parks, shopping, and Hwy 212.Buyer to perform all due diligence regarding zoning, development feasibility, and utility access. A unique find for developers or visionaries looking to build in a high-demand, high-growth area. Property lines in listing photos are approximate and are used as a visual reference.
Property Information
Property Type
Land
Sub-Type
Single Family Residence
Lot Size
2.64 acres
Zoning
R-15
Days on Market
285
MLS® Listing#
366434992
Property Features
Cooling
Heating
Utilities
Schools
- Elementary:
- Duncan
- Middle:
- Rock Creek
- High:
- Clackamas
Financial Details
HOA
None
Annual Taxes
$29
Tax year 2024
Parcel Number
05029748
Directions
From Hwy 212 turn R onto SE Armstrong Cir then pass 2 houses and turn R on straight gravel rd
Affordability Calculator
$90,000
Estimated monthly payment
$2,395/mo
Principal $360,000 · Est. interest $502,232 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Happy Valley, OR
- $669,643
- Median Listing Price
- 170
- Median Days on Market
- 2,247
- Median Sq Ft
- $276
- Median Price / Sq Ft
- 169
- Active Listings
- This home’s price is 33% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Happy Valley, OR.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 86962 Aspen Lane, Christmas Valley, OR | $324,900 | — | — | 2,800 |
| 46864 Tucker Road, Christmas Valley, OR | $329,000 | 3 | 2 | 1,328 |
| 1890 UPPER CAMAS RD, Camas Valley, OR | $329,000 | 4 | 2 | 2,380 |
| 87800 Christmas Valley Highway, Christmas Valley, OR | $339,000 | 3 | 2 | 1,512 |
| 10421 SE QUAILRIDGE DR, Happy Valley, OR | $349,999 | — | — | — |
| 16861 SE TRISTIN AVE, Happy Valley, OR | $350,000 | — | — | — |
Moving Cost Estimate
Listing Courtesy: MORE Realty - 971-258-4621
Presented by: Tatyana Gavrilyuk
Last Updated: 2025-06-11