$720,950

12335 SE Falling Rain Way Happy Valley, OR 97086

$8,561
Closing credit¹
3 beds
2 full
2,566 sqft
$281 / sqft
House

Property details

About 12335 SE Falling Rain Way

Discover the remarkable Hinoki floor plan, featuring 3 bedrooms, a den, and 2.5 baths! This home combines unique and standard features with a focus on energy efficiency for long-term savings. With premium construction and added insulation, you could reduce your energy bills by up to one-third compared to traditional homes. The dual sliding windows and soft-close piano finish cabinetry with organizers and pull-down shelves further enhance energy efficiency.Enjoy the convenience of modern living while saving on energy costs and minimizing your carbon footprint. Residents also have access to community amenities like the clubhouse and pool for leisurely activities.Visit our Sales Center at 16537 SE Snow Blanket Terrace to explore this incredible home! Plus, working with our preferred lender can unlock maximum incentives for you.

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingHeat Pump
Size2,566 sqft
Year builtNew Const., 2024
ParkingDriveway
MLS #126531268
Attached garage2 spaces
FireplaceElectric

Summary

  • MLS Number: 126531268
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Coldwell Banker Bain
  • Office Phone: (415) 846-0577
  • Listing Agent: Kevin May

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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modern home featuring an attached garage, fence, and concrete driveway

$720,950

12335 SE Falling Rain Way

$8,561

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$151,747$3,186
2022$93,588$2,006
2021$90,863$1,942
2020$88,217$1,659

History based on county public records data.

Nearby schools

9

Scouters Mountain Elementary School

Public District KG-5

0.7 mi

10811 SE 172nd Ave

9

Oregon Trail Elementary School

Public District KG-5

1.1 mi

13895 SE 152nd Dr

6

Verne A. Duncan Elementary School

Public District KG-5

1.2 mi

14898 SE Parklane Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $97,991. Most Happy Valley, OR residents have annual incomes between $100k-200k. Typical family type is married, with kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

15%
<35k
37%
35k-100k
38%
100k-200k
10%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

17%
Single, No Kids
8%
Single, with Kids
28%
Married, No Kids
47%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
11%
12-17 yrs old
17%
18-34 yrs old
41%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Skiing/snowboardingSkiing/snowboarding
  • TennisTennis

Where do the neighbors shop?

  • The Container StoreThe Container Store
  • NordstromNordstrom
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • California Pizza KitchenCalifornia Pizza Kitchen
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • AcuraAcura
  • JeepJeep

What do the neighbors listen to?

  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
  • SportsSports
All data provided by Home Junction and Claritas

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Frequently asked questions

About 12335 SE Falling Rain Way

This home is located at 12335 SE Falling Rain Way in Happy Valley, OR and zip code 97086 in the Pleasant Valley Golf Estates neighborhood. This 2,566 square foot home was built in 2024. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 25, 2025 and is currently priced at $720,950.

In February 2025, from all listings sold in Happy Valley, OR there were more than 4 sold above asking price, over 12 sold below and more than 14 were sold right at the asked price. Between January and February 2025, Happy Valley, OR real estate market has seen decrease in the number of listings by 2.7%. In February 2025, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $663,008.

From Rocket Homes Real Estate and based on county public records data.

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