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640 SE 40th TerraceGresham, OR 97080Price: $699,000

  • Price: $699,000
  • Est. Mortgage of $/month
  • 50 Days on Market
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$
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $699,000List Price
  • 2Bedrooms
  • 3Bathrooms
  • 0.16Acreage
  • 2,617Square Feet
Listed by Bev Blume of Keller Williams Realty Portland Elite (503-482-8005)
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Experience resort-style living in this gorgeous Villa, which boasts its prime location backing onto the esteemed Persimmon Golf Course. This season offers an ideal opportunity to utilize the updated and expansive rear deck, perfect for enjoying the scenic views of the golf course. The thoughtfully designed, spacious floor plan features a den, soaring ceilings, a gourmet kitchen complete with granite countertops and modern appliances. The greatroom features: hardwood flooring, a welcoming fireplace, a primary suite on the main level, and a dedicated laundry area. The lower level is fully appointed with a generously sized family room, an additional bedroom, a full bathroom featuring a jetted tub, ample storage, and a bonus room. This specific residence is unique as the only villa with an extra-wide garage, providing additional space for convenience or storage. Equipped with Solar panels and a great savings on your electricity bill!! Golf and social memberships are sold separately. Call today for more information or your personal tour!

Property Details of 640 SE 40th Terrace

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Based on information submitted to OR_RMLS_WEB_API as of May 16, 2026 12:41 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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