Welcome to this stunning Mediterranean-inspired custom home nestled on a beautifully landscaped nearly 1-acre lot in the heart of Happy Valley. Featuring timeless architectural details including a classic clay tile roof, elegant stucco exterior, and dramatic arched entry with stately columns, this home offers the charm and character of a European villa. Step inside to discover spacious living areas, soaring ceilings, and abundant natural light designed for both comfortable living and elegant entertaining. The floor plan offers multiple living spaces, generous bedrooms, and beautifully appointed bathrooms, providing plenty of room for family and guests. The home’s private setting surrounded by mature trees creates a peaceful retreat while still being conveniently located near shopping, dining, and parks. With its distinctive Mediterranean architecture, expansive living space, and rare large lot, this property offers a unique opportunity to own one of Happy Valley’s most character-filled homes.
Single-familyProperty Type
2005Year Built
0.99 acresLot Size
$243Price/Sq.Ft.
2 car garageParking
Listed by Li Lanz• Li Lanz Properties, LLC
Contact: li@lilanzproperties.com
Bought with Brenda Boyzo• Berkshire Hathaway HomeServices NW Real Estate
Est. $4,505 per month, based on comparable rentals
Sale and tax history for 12989 SE Mountain Gate Rd
Sale History
Tax History
Date
Event
Price
RMLS #348958203
May 14, 2026
Sold
$1,040,000
$243/sq ft
Apr 12, 2026
Pending
—
Apr 5, 2026
Listed
$1,089,000
$255/sq ft
OCMLS #LC-102668
Oct 4, 2025
Price Changed
$1,089,000
$255/sq ft
Sep 22, 2025
Price Changed
$1,139,500
$267/sq ft
May 26, 2025
Price Changed
$1,149,500
$269/sq ft
Apr 22, 2025
Price Changed
$1,199,500
$281/sq ft
Dec 6, 2024
Listed
$1,239,000
$290/sq ft
RMLS #23534416
Jan 5, 2024
Sold
$775,000
$181/sq ft
Dec 22, 2023
Pending
—
Dec 19, 2023
Listed
$525,000
$123/sq ft
+18
Lots of opportunity on this fixer. Sits on nearly an acre. Massive entry and generous room sizes. This will be a beauty when completed. This home has plenty to offer. Sold in AS-IS condition. THESE ARE THE ONLY SHOWING & INSPECTION TIMES 12/19 3-5PM, 12/20 10-NOON, 12/21 3-5PM & 12/22 8-10am. Offer deadline of 12/22 @ 10:30AM.
Year
Property tax
Land + Additions
Assessment*
2025
$15,804 (+3.7%)
2024
$15,245 (−2.2%)
2023
$15,590 (+11.2%)
2022
$14,024 (+3.8%)
2021
$13,511 (+3.8%)
2020
$13,020 (+1.1%)
2019
$12,879 (+13.9%)
2018
$11,306 (+3.4%)
2017
$10,938 (+3.7%)
2016
$10,545 (+3.0%)
2015
$10,240 (+5.7%)
2014
$9,691 (+3.4%)
2013
$9,371 (+3.3%)
2012
$9,073 (−2.6%)
2011
$9,319 (+5.8%)
2010
$8,805
2009
$8,805
Public record
Public record
Zoning
Permits
Beds
3
Baths
5
Stories
—
Lot width
—
Lot depth
—
Lot size
0.99 Acres
Year renovated
—
Sq. Ft.
4,275
Year built
2005
Style
Single Family Residential
County
Clackamas County
APN
00126045
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 18, 2026.
R10
Low Density Residential Zone
This urban residential district is a means by which the densities are increased to make efficient use of available facilities and services in an environment of single-family dwellings. Variations in dwelling types and lot sizes should provide for a necessary flexibility in the City which will prevent typical appearances created by the traditional subdivision of land. Standards in this district are strictly urban oriented and are designed to develop and perpetuate urban trends and patterns. The numerical designation R-10 shall be interpreted to mean that the maximum density shall be 1 primary dwelling unit per10,000 sq ft of lot area.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Recreation
Golf related
Housing-Mobile home park
Park & open space
Jul 21, 2005 • Final
Building/electrical/electrical/na
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Driveway, RV Access/Parking
Parking Total: 2
Garage Information
Garage Type: Attached
Garage Spaces: 2
Has Attached Garage: Yes
Interior
Virtual Tour Information
Virtual Tour Type: Video
Has Virtual Tour Unbranded: Yes
Appliances
Appliances: Dishwasher, Disposal, Free-Standing Refrigerator, Island, Quartz
Hot Water Description: Gas
Interior Features
Interior Features: Central Vacuum, Garage Door Opener, High Ceilings, Laundry, Quartz, Washer/Dryer