$1,080,000

12712 SE 137th Dr Happy Valley, OR 97086

$10,000
Closing credit¹
6 beds
3 full
5,186 sqft
$208 / sqft
House

Property details

About 12712 SE 137th Dr

Modern Elegance with a San Francisco Vibe – 5,186 SF of Elevated LivingIf you love the charm and character of San Francisco’s iconic hillside streets, this extraordinary home brings that energy to Oregon—offering breathtaking views, elevated privacy, and timeless design in one unforgettable package.Perched proudly above the neighborhood, this 5,186 SF luxury residence, built in 2002, is more than just a home—it’s a statement. From the moment you arrive, the dramatic setting is matched by a 25’ entryway that leads to formal living and dining areas designed for grand entertaining. Gorgeous hardwood floors flow throughout, and a spacious family room welcomes you to relax in style.At the heart of the home, a gourmet island kitchen features custom cabinetry, a walk-in pantry, and upscale finishes tailored for the passionate cook or weekend host.The private primary suite offers a retreat-like feel with its own balcony, marble accents, and a stunning glass block shower—perfect for unwinding while taking in the views.A huge bonus room gives you flexibility for media, fitness, or hobbies. At the same time, an additional 800 SF nanny quarters with a powder bath above the garage adds incredible value and versatility for multi-generational living, guests, or private office space.This hillside home is perfect for buyers who appreciate distinctive topography, panoramic vistas, and a luxury lifestyle tucked away in an exclusive setting.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size5,186 sqft
Year built2002
ParkingDriveway
MLS #673576214
Attached garage3 spaces
WaterfrontOther
FireplaceGas Fireplace
ViewCity, Park

Summary

  • Full Bathrooms: 3
  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave
  • Basement: No
  • Flooring Type: Hardwood, Tile
  • Interior: Central Vacuum, Intercom System, Jetted Tub, Laundry, Wall to Wall Carpet
  • Fireplace: Gas Fireplace
  • Total Bedroom Count: 6
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Driveway
  • Waterfront: Other
  • View: City, Park
  • Exterior: Builtin Barbecue, Covered Arena, Patio, Porch, Sprinklers, Water Feature
  • Architectural Style: 2 Story
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $1,080,000
  • Price/SqFt: $208
  • Annual Tax Amount: $15,161
  • Tax Year: 2023
  • Lot: Cul-de-sac, Rolling/Hilly, Private
  • Directions: Sunnyside, N on 132nd, Right on Tierra Cascade, Left on 137th
  • Year Built: 2002
  • Stories: 2
  • Living Area: 5,186 SqFt
  • MLS Number: 673576214
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Tree City Real Estate
  • Office Email: Lizbeth@treecityhomes.com
  • Listing Agent: Lizbeth Hale

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: 5/28/2025, 7:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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12712 SE 137th Dr, Happy Valley, OR 97086 - view of front of house featuring a balcony and a view of trees

$1,080,000

12712 SE 137th Dr

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 04, 2011
Home Sold
$420,000
May 31, 2007
Home Sold
$655,000
May 31, 2007
Home Sold
$405,559

Tax history

YearAssessmentProperty Tax
2023$805,639$15,161
2022$782,174$14,344
2021$759,393$13,790
2020$737,275$12,959
2018$694,952$11,532
2017$674,711$11,159

History based on county public records data.

Nearby schools

5

Sunnyside Elementary School

Public District KG-5

0.5 mi

13401 SE 132nd Ave

4

Spring Mountain Elementary School

Public District KG-5

0.7 mi

11645 SE Masa Ln

9

Oregon Trail Elementary School

Public District KG-5

1.0 mi

13895 SE 152nd 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 $121,829. Typical income of Happy Valley, OR residents is between $100k-200k annually. The most common type of family is married, with kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

5%
<35k
29%
35k-100k
45%
100k-200k
21%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

15%
Single, No Kids
8%
Single, with Kids
37%
Married, No Kids
40%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
12%
12-17 yrs old
15%
18-34 yrs old
47%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • SoccerSoccer
  • TennisTennis

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • StarbucksStarbucks
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • AcuraAcura
  • JeepJeep

What do the neighbors listen to?

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

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Frequently asked questions

About 12712 SE 137th Dr

The listing price of 12712 SE 137th Dr property is $1,080,000.

The property 12712 SE 137th Dr is a house located in Happy Valley, Oregon, 97086.

Active Listing: 12712 SE 137th Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 12712 SE 137th Dr are: Sunnyside Elementary School (GreatSchools Rating 5/10), Spring Mountain Elementary School (GreatSchools Rating 4/10), Oregon Trail Elementary School (GreatSchools Rating 9/10), Rock Creek Middle School (GreatSchools Rating 6/10), Happy Valley Middle School (GreatSchools Rating 4/10), Cascade Heights Public Charter School (GreatSchools Rating 9/10), Clackamas High School (GreatSchools Rating 8/10), Clackamas Web Academy (GreatSchools Rating 7/10), Clackamas Middle College (GreatSchools Rating 8/10).

According to the records, the last property tax for 2023 is $15,161 (source: MLS/based on county public records data).

The last sale was on March 4, 2011 for $420,000 (source: MLS/tax record).

The property at 12712 SE 137th Dr has 6 bedrooms and 4 bathrooms.

The property 12712 SE 137th Dr is 5,186 SqFt (source: MLS/tax record).

The year of construction for 12712 SE 137th Dr is 2002.

This home is located at 12712 SE 137th Dr in Happy Valley, OR and zip code 97086 in the Castlewood neighborhood. This 5,186 square foot home was built in 2002. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 25, 2025 and is currently priced at $1,080,000.

In April 2025, from all listings sold in Happy Valley, OR there were more than 6 sold above asking price, over 16 sold below and more than 20 were sold right at the asked price. The number of homes for sale in Happy Valley, OR increased by 10.9% between March and April 2025. The median list price of listings available in April 2025 was $658,821, while the average time on the real estate market was 82 days.

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

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