About This Home

This 2-bedroom, 3-bathroom single family at 640 SE 40TH Ter in Gresham, OR is listed for $689,000 ($263 per sqft). Built in 2003, the home offers 2,617 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 2003
  • 0.16 acre lot
  • 2 stories

Property Details

2 stories
2 full, 1 half
2003

Amenities

SolarViewA/C
Listing Description

Experience resort-style living in this gorgeous Villa, which boasts its prime location right on the 1st fairway on 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 (that saved just over $1000 annually on electric bills) and a great savings on your electricity bill!! Golf and social memberships are sold separately. Call today for more information or your personal tour!

Monthly Cost Estimate

$4,703/mo

20% down · 6.5% · 30 years

Principal$498
Interest$2,986
Insurance$201
HOA$1,018

Estimates only. Actual payments may vary.

Location

640 SE 40TH Ter

Gresham, OR 97080

Features & Amenities

Interior Features

CentralVacuumGarageDoorOpenerGraniteHardwoodFloorsHighSpeedInternetJettedTubLaundryTileFloorWalltoWallCarpet

Exterior Features

CoveredPatioDeckSprinkler

Property Details

Views

Golf Course

Pool Features

DeckPatio

Heating

RadiantForced Air

Cooling

Central Air

Appliances

ConvectionOvenDishwasherDisposalGraniteInstantHotWaterMicrowave

Questions & Answers

This 2-bedroom, 3-bathroom single family at 640 SE 40TH Ter is listed at $689,000 ($263/sqft). The estimated monthly payment is $4,703 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1018/month.

Key features include: Built in 2003, 0.16 acre lot, 2 stories. Interior Features: CentralVacuum, GarageDoorOpener, Granite. Exterior Features: CoveredPatio, Deck, Sprinkler.

This property is listed by Bev Blume and can be reached at 5034828005.

BB

Bev Blume

Agent at Keller Williams Realty Portland Elite

(503) 482-8005

Listed by Keller Williams Realty Portland Elite · View on Broker Site

MLS# 272454282· Source: listhub· 98 days on market

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

640 SE 40TH Ter, Gresham, OR 97080

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