Property listing for 841 Southwest 49th Drive, Gresham, OR 97080
For SaleSingle Family Home

$855,000

841 Southwest 49th Drive, Gresham, OR 97080

Contemporary New-Build: 5BR, 3.5BA with 3-Car Garage

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

About 841 Southwest 49th Drive

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.

Home Highlights

New construction completed in 20253,199 sq ft contemporary floorplanPrimary bedroom on the main levelCovered deck with treed vistasAttached 3-car garageStainless-steel appliances and large kitchen islandFireplace and high ceilings in main living areaMove-in ready; low near-term maintenance

Property Features

Interior Features

  • 5 bedrooms, 3.5 bathrooms
  • 3,199 square feet of living space
  • Primary suite on main level with walk-in closet and en-suite
  • High ceilings in main living area
  • Fireplace in living room
  • Large island with solid-surface countertops
  • Stainless-steel appliances
  • Sleek cabinetry and modern fixtures
  • Forced air gas heating
  • Crawl-space basement

Exterior & Lot

  • 0.24-acre sloped lot
  • Covered deck with treed views
  • 3-car attached garage
  • Board-and-batten, cement, and lap siding
  • Composition roof
  • Driveway parking and street frontage on Southwest 49th Drive

Location & Neighborhood

  • Gresham Butte neighborhood
  • 2.5 miles to Gresham Station Shopping Center
  • 1.5 miles to Persimmon Country Club
  • Near Nadaka Nature Park and Main City Park
  • Part of Gresham-Barlow School District
  • Residential surroundings with quick access to local amenities

Walkability & Recreation

  • Walkability Rating: 35/100 — Car-Dependent (most errands require a vehicle)
  • Nearby parks and green spaces within 3 miles
  • Hiking and biking trails accessible in the regional park network
  • Persimmon Country Club (1.5 miles)
  • Running/walking paths in local parks
  • Community recreation facilities in nearby Gresham

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

Hogan Cedars Elementary School

Elementary

5/10

Dexter McCarty Middle School

Middle

2/10

Gresham High School

High

4/10

Walkability & Recreation

35
Walkability
78
Recreation

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.

Investment Highlights

  • New construction completed in 2025 with modern design and high-end finishes
  • Located in the desirable Gresham Butte neighborhood with proximity to amenities
  • Spacious 5-bedroom layout with open-concept floor plan and high ceilings
  • Attached 3-car garage providing ample storage and convenience
  • Covered deck offering scenic views of surrounding trees

Key Findings

  • Property sold in February 2026 for $855,000 ($267 per square foot)
  • Assessed land value of $128,540 prior to construction; updated assessment pending
  • Zoned LDR-7-KCH (Low-Density Residential) by the City of Gresham
  • Nearby amenities include Gresham Station Shopping Center and Persimmon Country Club
  • Elementary school rated 5/10; middle and high schools rated below average

Things to Consider

  • Middle and high schools have below-average ratings, which may impact family buyers
  • No cooling system installed; potential need for air conditioning in warmer months
  • Property taxes expected to increase following updated assessment post-construction

Opportunity Analysis

Newly constructed contemporary home in a desirable neighborhood with modern amenities and proximity to key attractions. Stable market value with potential for appreciation.

Potential Use Scenarios

  • Ideal for primary residence with minimal near-term maintenance
  • Potential for long-term appreciation in a growing market
  • Consider installation of air conditioning to enhance comfort and appeal

Risk Factors

  • Below-average middle and high school ratings may deter some family buyers
  • Potential increase in property taxes following updated assessment

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$850K

Midpoint

$875K

High

$900K

$273/SF estimated price per square foot

85% confidence

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.

Market & Area Data

Market Trends

Area Median Price$700,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)10,000
Median Income (1 mi)$75,000

Steady population growth with increasing property values.

Nearby Points of Interest

  • Gresham Station Shopping Center (2.5 mi)
  • Persimmon Country Club (1.5 mi)
  • Nadaka Nature Park (3 mi)
  • Main City Park (2 mi)

Close proximity to shopping, dining, golf, and parks.

School District

DistrictGresham-Barlow School District
ElementaryHogan Cedars Elementary School (5/10)
MiddleDexter McCarty Middle School (2/10)
HighGresham High School (4/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2025
Constructionboard and batten siding, cement siding, lap siding
Stories2
Roofcomposition
Heatingforced air gas
Coolingnone
Basementcrawl space
FireplaceYes
Conditionnew

Lot & Site

Lot Size0.24 acres (10,454 SF)
Topographysloped
Parkingattached_garage_and_driveway
Parking Spaces3
FrontageFrontage on Southwest 49th Drive

Utilities

Waterpublic
Sewerpublic
Electricunknown
Gasunknown

Zoning & Land Use

Zoning CodeLDR-7-KCH
DescriptionLow-Density Residential
JurisdictionCity of Gresham

Allowed Uses

single family residential
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$128,540
Land$128,540
Improvements$0
Annual Tax (2025)$2,616

Sale History

2026-02-27$855,000

$267/SF

New construction sale

2024-10-01$199,000

$62/SF

Land purchase prior to construction

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