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  • Price cut: $10K (11/7)
    $620,000

    721 Cole Rd, Oakland, OR 97462

    3beds
    1,697sqft
    : 
    Multi Family
    Built in 1953
    -- sqft lot
    $-- Zestimate®
    $365/sqft
    $-- HOA

    What's special

    Modern appliancesWater irrigation rightsPeaceful pondCozy living spaceBack deckRv parkingCovered porch
    Welcome to 721 Cole Rd in beautiful Oakland, OR—a rare opportunity to own a charming multi-family property on 9.78 acres of serene, usable land. This creek frontage property includes water irrigation rights from Calapooya Creek and a peaceful pond with small mouth bass, creating a tranquil setting. The main home offers 737 sqft of cozy living space with 2 bedrooms and 1 bathroom. Inside, warm wood floors and vaulted ceilings create an inviting atmosphere, while a brand-new pellet stove adds warmth and charm. Enjoy the covered porch with cobblestone accents or relax on the back deck, ideal for morning coffee or unwinding. The kitchen is fully equipped with modern appliances, including a fridge, range, dishwasher, microwave, and pantry, plus a convenient laundry area with a washer/dryer combo. In addition, the property features a delightful second home at 695 Cole Rd—a whimsical 1-bed, 1-bath cottage with board and batten siding and a wrap-around concrete porch. Inside, a cozy new wood stove and beautiful wood accents, including tongue and groove ceilings and log-style details, add rustic character. The kitchen includes a fridge, range, and portable dishwasher, with laundry hookups and a finished attic space enhancing functionality. Beyond the homes, this property is a gardener’s paradise and ideal for hobby farmers. It includes a large 2 story barn, 3 medium and 2 commercial-size hoop houses, and a greenhouse—perfect for year-round growing. A 90x30 garden with berries and vegetables is supported by an efficient drip irrigation system. There’s ample space for RV parking and three gated entrances for easy access and privacy. Plus, enjoy reliable DFN fiber internet in this peaceful country setting. This unique property combines comfortable living with abundant outdoor amenities, offering versatility for multi-generational living, hobby farming, or simply enjoying a serene lifestyle surrounded by nature.
    122 days
    |
    530
    |
    37
    |

    Zillow last checked: 8 hours ago

    Listing updated: 21 hours ago

    Listed by:

    Mary Gilbert 541-371-5500,

    Keller Williams Southern Oregon-Umpqua Valley,

    Deidre Jovin 510-712-0870,

    Keller Williams Southern Oregon-Umpqua Valley

    Source: RMLS (OR),MLS#: 370746329MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Wall Furnace, Zoned
    Cooling
    • None, Window Unit(s)
    Appliances
    • Included: Refrigerator, Range, Electric Water Heater
    • Laundry: Washer Dryer Hookup
    Features
    • Flooring: Wood
    • Basement: Crawl Space
    • Attic: Storage
    • Fireplace features: Wood Burning Stove
    Interior area
    • Total structure area: 1,697
    • Total interior livable area: 1,697 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street, RV Access/Parking
    Features
    • Stories: 1
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Creek/Stream, Territorial, Valley
    • Has water view: Yes
    • Water view: Creek/Stream
    • Waterfront features: Creek, Pond
    • Body of water: Calapooya Creek
    Lot
    • Size: 9.78 Acres
    • Features: Level, Pasture, Acres 7 to 10
    Details
    • Parcel number: R26488
    • Zoning: FG
    • Other equipment: Irrigation Equipment

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Board & Batten Siding, T111 Siding, Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Metal
    Condition
    • Approximately
    • Year built: 1953

    Utilities & green energy

    • Sewer: Standard Septic
    • Water: Well

    Community & HOA

    Community
    • Security: Security Gate
    • Subdivision: Sh
    HOA
    • Has HOA: No
    Location
    • Region: Oakland

    Financial & listing details

    • Price per square foot: $365/sqft
    • Tax assessed value: $377,244
    • Annual tax amount: $1,523
    • Date on market: 8/26/2025
    • Listing terms: Cash,Conventional,VA Loan
    • Road surface type: Gravel
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,311/mo

    Price history

    Price history
    DateEventPrice
    11/7/2025Price change$620,000-1.6%$365/sqft
    Source: RMLS (OR) #370746329 Report a problem
    10/21/2025Price change$630,000-0.8%$371/sqft
    Source: RMLS (OR) #370746329 Report a problem
    8/26/2025Listed for sale$635,000+6.7%$374/sqft
    Source: RMLS (OR) #370746329 Report a problem
    5/10/2022Sold$595,000+3.5%$351/sqft
    Source: RMLS (OR) #22043015 Report a problem
    4/19/2022Pending sale$575,000$339/sqft
    Source: RMLS (OR) #22043015 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2017$2,411 -1.9%$290,141 +3%
    2016$2,457 $281,691 +3%
    2015$2,457 +6.2%$273,487 +3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,487/mo
    Principal & interest
    $2944
    Property taxes
    $326
    Home insurance
    $217

      Climate risks

      Neighborhood: 97462

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Oakland
      • High: Oakland

      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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