
Photograph 1 of 48
16025 SE Palermo Ave, Happy Valley
$925,000
Save- Price per sqft
- $232.65
- Built in
- 2012
- Property size
- 3,976 sqft
- Property type
- Residential
- Days on market
- 55
Overview
Price improvement on this showstopper! Welcome to this stunning custom home where timeless craftsmanship and thoughtfully designed living spaces create an unforgettable first impression. The dramatic living room is anchored by a floor-to-ceiling stone fireplace, soaring ceilings, and expansive windows that fill the home with natural light. Offering four bedrooms plus a dedicated office, each bedroom features its own walk-in closet, blending luxury with everyday functionality. At the heart of the home, the beautifully appointed chef's kitchen is designed for effortless entertaining and opens seamlessly to the main living areas. French doors lead to an incredible covered outdoor living space featuring a built-in grilling station with a built-in refrigerator, generous prep and serving space, and a stunning stone fireplace, creating the perfect setting for year-round entertaining. Retreat to the beautifully remodeled primary suite featuring a spa-inspired bathroom with heated marble floors, an oversized walk-in shower, soaking tub, and spacious walk-in closet. The private lower level feels like a home of its own, offering a spacious family room, an entertainment bar with a built-in microwave and refrigerator, a fourth bedroom, full bathroom, and private exterior entrance—ideal as a private guest suite, for multigenerational living, extended guests, a teenager's retreat, or added privacy for visitors. Nestled in one of Happy Valley's most desirable neighborhoods, this remarkable home offers refined living, exceptional flexibility, and the rare benefit of no HOA.
Details
Interior
- Interior features
- Third Floor, Central Vacuum, Engineered Hardwood, Garage Door Opener, Granite, Heated Tile Floor, High Ceilings, Jetted Tub, Laundry, Marble, Separate Living Quarters / Apartment / Aux Living Unit, Soaking Tub, Sound System, Tile Floor
- Appliances
- Built-in Oven, Cooktop, Dishwasher, Disposal, Free Standing Range, Free Standing Refrigerator, Gas Appliances, Granite, Island, Microwave, Pantry, Plumbed For Ice Maker, Range Hood, Stainless Steel Appliance, Tile
- Fireplace
- Yes
- Fireplaces
- 1
- Fireplace description
- Gas
- Cooling
- Yes
- Cooling description
- Central Air
- Heating
- Yes
- Heating description
- Forced Air
- Windows
- Double Pane Windows, Vinyl Frames
Exterior and lot
- Exterior features
- Covered Patio, Fenced, Gas Hookup, Outdoor Fireplace, Patio, Porch, Sprinkler, Yard
- Lot features
- Private, Trees
- Architectural style
- Contemporary, Traditional
- Roof
- Composition
- View
- Yes
- View description
- Trees / Woods
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 2
- Parking
- Driveway, On Street
- Total parking
- 2
Schools
- High school
- Adrienne Nelson
- Middle school
- Happy Valley
- Elementary school
- BeatriceCannady
Location
- City
- Happy Valley
- County
- Clackamas
- Zoning
- R15
Taxes and dues
- Annual taxes
- $12,516 (2025)
Location
16025 SE Palermo Ave, Happy Valley, OR 97086

Monthly payment estimate
$5,966 /mo
- Principal and interest
- $4,923
- Property tax (2025)
- $1,043
- Total
- $5,966
Estimate only, and not an offer of credit. Assumes 20% down ($185,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
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