$10,000

closing credit¹

1587 SW Walters Loop Gresham, OR 97080

$1,538,000
4 beds
3 full
5,540 sqft
0.9 acres
$278 / sqft
House

Property details

About 1587 SW Walters Loop

This stunning 5540 SqFt 4-bedroom, 3.5-bath home offers both luxury and functionality, perfect for those who appreciate the finer details and spacious living. The primary suite is an absolute retreat, featuring a huge bathroom with a walk-in shower, jacuzzi tub, and a fireplace and sweeping views from the attached balcony, offering the perfect place to unwind. The formal dining room is ideal for elegant gatherings, while the office, complete with built-in bookcases and desk, provides a quiet space for work or study. The formal living room showcases picturesque views that will leave you speechless. The kitchen is a chef’s dream, with an oversized island, gorgeous granite countertops, and beautiful wood cabinetry that highlights the attention to detail. The family room, with its own fireplace, provides a casual space for relaxation, and the informal dining area offers easy access to the balcony, making outdoor meals a breeze. 2nd & 3rd bedrooms with spacious Jack and Jill bathroom. The lower level is a fantastic entertainment area, featuring a wet bar, media room, 4th bedroom, full bath, and a sauna—perfect for relaxing. Step outside to the covered back patio with stamped concrete, overlooking just under an acre of fully fenced property, providing privacy and plenty of space for outdoor activities. The 4-car garage ensures ample storage, while a separate gym allows you to stay active in the comfort of your own home. This home is built to last and offers an opportunity to live in luxury with a gorgeous setting that’s truly one of a kind.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size5,540 sqft
Lot size0.88 Acres
Year built2005
ParkingDriveway, Street Parking
MLS #179985947
Attached garage5 spaces
FireplaceGas Fireplace
ViewMountain(s), Territorial, Trees/Woods

Summary

  • MLS Number: 179985947
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: RE/MAX Equity Group
  • Office Phone: (503) 653-0607
  • Listing Agent: Gretchen Spring

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: 2/12/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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drone / aerial view featuring a mountain view

$1,538,000

1587 SW Walters Loop

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Jan 22, 2021
Home Sold
$830,000
Jul 22, 2004
Home Sold
$221,400

Tax history

YearAssessmentProperty Tax
2023$900,250$16,949
2022$874,030$16,475
2021$848,578$16,475
2020$787,480$16,060
2018$742,290$13,411
2017$720,670$12,867

History based on county public records data.

Nearby schools

3

Hollydale Elementary School

Public District KG-5

0.8 mi

505 SW Birdsdale Dr

6

East Gresham Elementary School

Public District KG-5

1.1 mi

900 SE 5th St

5

Butler Creek Elementary School

Public District KG-5

1.3 mi

2789 SW Butler Rd

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 $83,514. The most common annual income of people living in Gresham, OR is between $35k-100k. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

14%
<35k
50%
35k-100k
28%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

27%
Single, No Kids
11%
Single, with Kids
36%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
10%
12-17 yrs old
20%
18-34 yrs old
45%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • TennisTennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • IKEAIKEA
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • QuiznosQuiznos

What do the neighbors drive?

  • VolvoVolvo
  • JeepJeep
  • MazdaMazda

What do the neighbors listen to?

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

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Frequently asked questions

About 1587 SW Walters Loop

This home is located at 1587 SW Walters Loop in Gresham, OR and zip code 97080 in the View Crest Heights neighborhood. This 5,540 square foot home, which was built in 2005, sits on a 0.88 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $1,538,000.

In January 2025, from all listings sold in Gresham, OR there were more than 20 sold above asking price, over 13 sold below and more than 20 were sold right at the asked price. The number of listings in Gresham, OR decreased by 2.2% between December and January 2025. While the average time on the market in January 2025 was 81 days, the median list price was $485,069.

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

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