6 days on RocketTour
$10,000 Closing Credit¹
#684063798, Anita Phipps, Listing Office: Urban Properties Group LLC
$1,518,000 List price
1587 SW Walters Loop Gresham, OR 97080
$10,000
Closing credit¹
4 beds
3 full
5,540 sqft
0.9 acres
$274 / 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
- Full Bathrooms: 3
- Appliances: Dishwasher, Disposal, Double Oven, Refrigerator, Microwave, Plumbed For Ice Maker
- Flooring Type: Granite, Hardwood, Tile
- Interior: Central Vacuum, Granite, High Ceilings, Laundry, Sprinkler, Wall to Wall Carpet
- Fireplace: Gas Fireplace
- Total Bedroom Count: 4
- Garage Space: 5 spaces
- Attached Garage: Yes
- Parking: Driveway, Street Parking
- View: Mountain(s), Territorial, Trees/Woods
- Exterior: Covered Patio, Fence, Patio, RV/Boat Storage, Security Lights, Sprinklers
- Architectural Style: Custom Style, Traditional
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,518,000
- Price/SqFt: $274
- Annual Tax Amount: $16,949
- Tax Year: 2023
- Lot: Gentle Sloping, Secluded, Trees
- Directions: Top of Walters Hill- Powell to walters to walter loop
- Year Built: 2005
- Stories: 2
- Living Area: 5,540 SqFt
- Lot Size: 0.88 Acres
- 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
The 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: 5/8/2025, 6:00:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,518,000
1587 SW Walters Loop
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 22, 2021 | Home Sold | $830,000 |
| Jul 22, 2004 | Home Sold | $221,400 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $83,514. The majority of Gresham, OR residents have income between $35k-100k annually. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.
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 Opera
Tennis
Hiking/backpacking
Where do the neighbors shop?
Chico's
IKEA
Nordstrom Rack
Where do the neighbors go to eat?
Boston Market
Chipotle
Quiznos
What do the neighbors drive?
Volvo
Jeep
Mazda
What do the neighbors listen to?
Talk/Personality
Alternative
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1587 SW Walters Loop
The listing price of 1587 SW Walters Loop property is $1,518,000.
The property 1587 SW Walters Loop is a house located in Gresham, Oregon, 97080.
Active Listing: 1587 SW Walters Loop is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1587 SW Walters Loop are: Hollydale Elementary School (GreatSchools Rating 3/10), East Gresham Elementary School (GreatSchools Rating 6/10), Butler Creek Elementary School (GreatSchools Rating 5/10), Dexter McCarty Middle School (GreatSchools Rating 2/10), Centennial Middle School (GreatSchools Rating 3/10), Gordon Russell Middle School (GreatSchools Rating 4/10), Metro East Web Academy (GreatSchools Rating 5/10), Gresham High School (GreatSchools Rating 3/10), Springwater Trail High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $16,949 (source: MLS/based on county public records data).
The last sale was on January 22, 2021 for $830,000 (source: MLS/tax record).
The property at 1587 SW Walters Loop has 4 bedrooms and 4 bathrooms.
The property 1587 SW Walters Loop is 5,540 SqFt (source: MLS/tax record).
The year of construction for 1587 SW Walters Loop is 2005.
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 $1,518,000.
In April 2025 more than 36 listings in Gresham, OR were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 16 were sold below. The inventory of homes for sale in Gresham, OR between March and April 2025 increased by 15.1%. In April 2025 median list price was $484,104 and the average listing age was 51 days.
From Rocket Homes Real Estate and based on county public records data.