Seller Finance available on approved terms!!! Here is the opportunity to own your own family farm surrounded by 12+ acres. Enjoy sprawling pastures and onsite fruit bounty including apples, blueberries, raspberries, cherries & plums. Beautiful ranch style home with open floor plan and attractive wood accents throughout. Balcony style living room with fireplace perfect for entertaining or gathering with the family. Great property for horses. Electric fence/cross-fenced. Septic tank replaced 2020. Well tank replaced & upgraded. Large barn has brand new Air Conditioning, electrical and plumbing updates. This property has a multitude of options. Perfect setup for a rural farm with animals or convert easily to an OLCC approved Cannabis growing facility. Hard part is done at the county level with approved Land Use already in place. Barn buildout is approved and ready for your entrepreneurial finishing touches. This is a private gorgeous farm setting in a highly desirable area of the Willamette valley. Will not last!
Sold
$740,000
32500 SE Rainbow Rd, Estacada, OR 97023
3beds
2baths
2,030sqft
Residential, Single Family Residence
Built in 1940
12.27 Acres Lot
$744,300 Zestimate®
$365/sqft
$2,877 Estimated rent
Home value
$744,300
$700,000 - $789,000
$2,877/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 08, 2025 at 09:00pm
Listed by:
Peter White #AGENT_PHONE,
Keller Williams Realty
Bought with:
Nora Cochran, 910500182
eXp Realty LLC
Source: RMLS (OR),MLS#: 24236648
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Partial bathrooms: 2
- Main level bathrooms: 2
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Upper
Family room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Disposal, Free-Standing Refrigerator, Microwave, Range Hood, Electric Water Heater
- Laundry: Laundry Room
Features
- Granite
- Flooring: Hardwood
- Windows: Vinyl Frames
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Propane
Interior area
- Total structure area: 2,030
- Total interior livable area: 2,030 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Deck
- Exterior features: Fire Pit
- Fencing: Cross Fenced,Fenced
- Has view: Yes
- View description: Trees/Woods, Valley
Lot
- Size: 12.27 Acres
- Features: Level, Private, Trees, Acres 10 to 20
Details
- Additional structures: Barn, Workshop
- Parcel number: 00962140
- Zoning: AGF
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom Style,Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Other
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Unknown
- New construction: No
- Year built: 1940
Utilities & green energy
- Gas: Propane
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Estacada
Other
Other facts
- Listing terms: Cash,Contract,Conventional,FHA
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2025 | Sold | $740,000-5.1%$365/sqft |
Source:  RMLS (OR) #24236648 | ||
| 4/7/2025 | Pending sale | $780,000$384/sqft |
Source: RMLS (OR) #24236648 | ||
| 1/9/2025 | Listed for sale | $780,000+5.4%$384/sqft |
Source: RMLS (OR) #24236648 | ||
| 7/30/2021 | Sold | $740,000+2.1%$365/sqft |
Source: RMLS (OR) #21538537 | ||
| 6/26/2021 | Pending sale | $725,000$357/sqft |
Source: RMLS (OR) #21538537 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,157 +7.9% | $395,506 +8.8% |
| 2023 | $4,779 +2.9% | $363,405 +3% |
| 2022 | $4,646 -34% | $352,820 +3% |
Find assessor info on the county website
Neighborhood: 97023
Nearby schools
GreatSchools rating
- 6/10River Mill Elementary SchoolGrades: K-5Distance: 6.2 mi
- 3/10Estacada Junior High SchoolGrades: 6-8Distance: 6.1 mi
- 4/10Estacada High SchoolGrades: 9-12Distance: 6 mi
Schools provided by the listing agent
- Elementary: River Mill
- Middle: Estacada
- High: Estacada
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$744,300
2% more+ $14,886
With Zillow Showcase(estimated)
$759,186