$855,000
5 Bed · 3.5 Bath · 3,199 Sq Ft
Modern 3,199 sqft home in Gresham Butte with covered deck and high-end finishes
5
Beds
3.5
Baths
3,199
Sq Ft
2025
Built
0.24 acres
Lot
3-car attached
Garage
The clean lines and board-and-batten elevation of this 2025 contemporary make a striking first impression on Southwest 49th Drive. Inside, 3,199 square feet are organized for modern family life: soaring ceilings open above the main living area, a fireplace anchors the living room, and a chef-ready kitchen centers on a generous island with solid-surface counters and stainless-steel appliances. Sleek cabinetry and thoughtful fixture selections give the home a polished, current feel without feeling over-styled.
Function meets intention in the layout. The primary suite on the main level offers privacy and convenience with a walk-in closet and a private en-suite bathroom. Four additional bedrooms and multiple baths provide flexibility for a home office, guest wing, or hobby spaces. Practical systems include forced-air gas heating and a crawl-space foundation; the home currently has no central cooling, presenting an easy opportunity for buyers to add A/C to suit their priorities.
Outdoor living is tailored to the sloped 0.24-acre lot: a covered deck off the main level frames treed views and extends entertaining space into the yard. The attached three-car garage and driveway offer abundant storage and parking, while composition roofing and durable cement/lap siding keep exterior maintenance low for years to come.
Located in Gresham Butte, this home places everyday conveniences and recreation within easy reach. Persimmon Country Club is minutes away, Gresham Station Shopping Center is under three miles, and popular green spaces like Nadaka Nature Park and Main City Park are close by. With new-construction finishes, a practical footprint, and the strong resale profile of the neighborhood, this property suits buyers seeking move-in-ready quality and long-term appreciation. Buyers should note recent sale activity and anticipate an updated assessment after new construction; consider a professional inspection and confirm permits as part of your due diligence.
Gresham Butte blends hilltop views with convenient access to shopping, recreation, and golf. Residents enjoy proximity to Persimmon Country Club and Gresham Station for dining and errands, while parks like Nadaka Nature Park and Main City Park offer green space and trails. The area is primarily residential and attracts buyers seeking newer construction and larger lots within reach of Portland's employment centers. Families should review Gresham-Barlow School District ratings, and many homeowners here appreciate the neighborhood’s balance of suburban calm with nearby amenities.
Gresham Butte is currently favoring sellers: inventory sits at roughly 2.5 months, average days on market are near 30, and one-year appreciation is about 5%. Median sale prices in the immediate area hover around $700,000, with new-construction comps clustering between $800,000 and $815,000 and price-per-square-foot comparisons in the low-to-mid $200s. Using recent sales within 1.5 miles, valuation analysis places this contemporary home in the $850k–$900k band, with a midpoint near $875k — consistent with the recorded $855,000 sale in February 2026.
Single-family new builds in Gresham Butte are moving briskly, buoyed by limited resale inventory and buyers prioritizing modern finishes and larger floorplates. For investors, rental comps indicate healthy demand: estimated rent near $3,500/month (≈ $1.09/sqft) with a gross yield around 4.8%, showing steady leasing potential. For owner-occupants, the current market makes a compelling case to act now — low inventory keeps competition strong, while new-construction minimizes near-term maintenance expenses. Important considerations: school ratings for middle and high schools are below local averages and an updated tax assessment is likely after construction, so factor those into your offer strategy.
Hogan Cedars Elementary School
Elementary
Dexter McCarty Middle School
Middle
Gresham High School
High
Very good access to outdoor recreation with Persimmon Country Club 1.5 miles away, Nadaka Nature Park and Main City Park within a few miles, and regional trails and greenways for hiking and biking nearby.
Newly constructed contemporary home in a desirable neighborhood with modern amenities and proximity to key attractions. Stable market value with potential for appreciation.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$850K
Midpoint
$875K
High
$900K
$273/SF estimated price per square foot
Sales comparison approach using recent sales of similar new construction homes in Gresham Butte. Adjusted for size, condition, and amenities.
As of 2026-07-29
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Steady population growth with increasing property values.
Close proximity to shopping, dining, golf, and parks.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$267/SF
New construction sale
$62/SF
Land purchase prior to construction
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