#391300426, Rich Burns, Listing Office: RE/MAX Equity Group
Property details
About 10534 SE Vradenburg Rd
Prime Development Opportunity in Happy Valley! Unlock the potential of nearly 11 acres in the highly desirable Scouters Mountain neighborhood. Zoned R20, this property offers the possibility of a 19-lot subdivision (buyer to do due diligence), making it an exceptional opportunity to bring a high-demand residential project to market. Strategically located and surrounded by natural beauty, this site offers stunning Mt. Hood views—an ideal backdrop for a thoughtfully designed community of custom or semi-custom homes.The existing residence adds value and versatility, offering over 6,000 sq ft. It includes 3 bedrooms, 2.5 bathrooms, a den, formal living and dining areas, and a high-end kitchen with Wolf appliances, opening to a large family room. Upstairs features a spacious bonus room, while the daylight basement (nearly 2,800 sq ft of the 6000sqft)of partially finished space—complete with 3 additional bedrooms, a bathroom, and recreation areas, ideal for rental income or future expansion.Whether you're looking to develop immediately or land bank for future appreciation, this property checks all the boxes: location, scale, and growth potential.
Highlights
Summary
- MLS Number: 140645624
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Farrell Realty & Property Management, Inc
- Office Email: info@farrellrealty.com
- Listing Agent: Cindy Somsanith
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Last updated on: 4/24/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,700,000
10534 SE Vradenburg Rd
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 01, 1999 | Home Sold | $120,000 |
Oct 30, 1997 | Home Sold | $120,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $930,288 | $18,140 |
2022 | $903,193 | $17,176 |
2021 | $876,887 | $16,548 |
2020 | $851,347 | $16,017 |
2018 | $802,477 | $13,847 |
2017 | $779,104 | $13,396 |
History based on county public records data.
Nearby schools
9
Scouters Mountain Elementary School
Public District KG-5
0.5 mi
•10811 SE 172nd Ave
8
Happy Valley Elementary School
Public District KG-5
1.0 mi
•13865 SE King Rd Ste A
9
Oregon Trail Elementary School
Public District KG-5
1.5 mi
•13895 SE 152nd Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $97,991. The majority of Happy Valley, OR residents have income between $100k-200k annually. The most common type of family is married, with kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 10534 SE Vradenburg Rd
This home is located at 10534 SE Vradenburg Rd in Happy Valley, OR and zip code 97086. Features: 0 bathroom. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $2,700,000.
Happy Valley, OR housing market in March 2025 saw over 5 listings sold above listed price, more than 19 sold at listed price and over 15 sold below. Between February and March 2025, Happy Valley, OR real estate market has seen increase in the number of listings by 15.6%. In March 2025 median list price was $660,000 and the average listing age was 55 days.