Land with Home for Sale in Happy Valley, Oregon

Discover nearly 11 acres in the coveted Scouters Mountain, offering incredible potential for future growth. Zoned R20, this property presents the possibility for a 19-lot subdivision (buyer to perform due diligence), making it a standout opportunity for builders and investors looking to capitalize on a high-demand location. Set among scenic surroundings with beautiful Mt. Hood views, the property provides an ideal setting for a well-planned residential community of custom or semi-custom homes. With its size and layout, there may also be the opportunity to retain the existing residence while still pursuing additional development (buyer to verify), offering flexibility for phased building or a signature homesite. Featuring over 6,000 sq ft of living space. The main level includes 3 bedrooms, 2.5 bathrooms, a den, formal living and dining areas, and a well-appointed kitchen with Wolf appliances that flows into a generous family room. Upstairs, a large bonus room offers additional flexibility. The daylight basement-approximately 2,800 sq ft-includes partially finished space with 3 additional bedrooms, a bathroom, and living area, well-suited for rental income, multi-generational living, or future build-out. A rare opportunity to secure a sizable parcel in a thriving area-ideal for immediate development, phased use, or long-term investment.