Accepted Offer with Contingencies. Rare Small Acreage Haven in the Mid-Willamette Valley. Discover a unique blend of history, comfort, and open space living on this rare small acreage with pasture, shop, and studio. This updated 1875 farmhouse offers 4 bedrooms, 2 baths, a family and bonus rooms, all filled with warm natural light and original wood floors. Enjoy central heating, gas fireplace, and cozy winters paired with cool, ocean breeze summers. A massive 40'x50' shop with finished floor, 10' roll up door, high clearance, covered staging area, tack room, windows, and plumbing for future needs gives you endless flexibility. The 10'x20' air-conditioned studio with double doors, shop sink, and overhead storage is ideal for creative work or a private retreat. Property features also include a livestock pasture, three storage sheds, fenced yard, garden space, and room for RV or boat parking. Step outside to a large patio and take in unobstructed views of fields and mountains, reaching all the way to the Yamhill range on clear days. You get the feeling of wide-open land without the upkeep. Outdoor recreation is close by—Turner Lake (private membership required), Baskett Slough, and countless nature destinations. You're just 1 hour to the Oregon Coast, 20 minutes to Salem, and 5 minutes to shopping, parks, and restaurants. EFU zoning without tax deferral requirements adds even more freedom. Opportunities like this - where charm, land, and lifestyle align - are incredibly rare. Don’t miss your chance to see this one of a kind property before it’s gone.
Under contract
Listed by: Homesmart Realty Group
Price cut: $21K (5/24)
$509,000
1290 Oak Villa Rd, Dallas, OR 97338
4beds
1,976sqft
Single Family Residence
Built in 1875
0.68 Acres Lot
$505,800 Zestimate®
$258/sqft
$-- HOA
What's special
Gas fireplaceLivestock pastureFenced yardGarden spaceLarge patioTack roomCovered staging area
- 30 days |
- 3,096 |
- 150 |
Zillow last checked:
Listing updated:
Listed by:
RALPH OSBURN Agent:503-476-5640,
Homesmart Realty Group
Source: WVMLS,MLS#: 840564
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Upper
Bedroom 4
- Level: Upper
Dining room
- Features: Area (Combination)
Family room
- Level: Upper
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Natural Gas, Forced Air
Appliances
- Included: Dishwasher, Gas Range, Range Included, Gas Water Heater
- Laundry: Main Level
Features
- Other(Refer to Remarks)
- Flooring: Wood
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 1,976
- Total interior livable area: 1,976 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.68 Acres
- Features: Irregular Lot
Details
- Additional structures: Shed(s), Workshop, See Remarks, RV/Boat Storage
- Parcel number: 158471
- Zoning: EFU
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Lap Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1875
Utilities & green energy
- Electric: 1/Main
- Sewer: Septic Tank
- Water: Private/Community/Dist
Community & HOA
HOA
- Has HOA: No
Location
- Region: Dallas
Financial & listing details
- Price per square foot: $258/sqft
- Tax assessed value: $462,500
- Annual tax amount: $2,573
- Price range: $509K - $509K
- Date on market: 5/13/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: VA Loan,Cash,FHA,Conventional
Estimated market value
$505,800
$481,000 - $531,000
$3,014/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Pending sale | $509,000$258/sqft |
Source: | ||
| 6/4/2026 | Contingent | $509,000$258/sqft |
Source: | ||
| 5/24/2026 | Price change | $509,000-4%$258/sqft |
Source: | ||
| 5/13/2026 | Listed for sale | $530,000+178.9%$268/sqft |
Source: | ||
| 9/23/2015 | Sold | $190,000-2.6%$96/sqft |
Source: Public Record Report a problem | ||
| 6/21/2015 | Listed for sale | $195,000$99/sqft |
Source: BILL WOODRUM REALTY #690792 Report a problem | ||
| 6/12/2015 | Pending sale | $195,000$99/sqft |
Source: Bill Woodrum Realty #690792 Report a problem | ||
| 6/10/2015 | Listed for sale | $195,000$99/sqft |
Source: Bill Woodrum Realty #690792 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,506 +4.4% | $204,890 +3% |
| 2023 | $2,400 +2.7% | $198,930 +3% |
| 2022 | $2,337 +24.7% | $193,140 +16.2% |
| 2021 | $1,873 +3.4% | $166,160 +3% |
| 2020 | $1,811 +2.7% | $161,330 +3% |
| 2019 | $1,763 | $156,640 +3% |
| 2018 | $1,763 +2.5% | $152,080 +3% |
| 2017 | $1,721 +5.1% | $147,660 +3% |
| 2016 | $1,637 +4.7% | $143,360 +3% |
| 2015 | $1,563 +2.3% | $139,190 +3% |
| 2014 | $1,528 +7.5% | $135,140 +3% |
| 2013 | $1,421 +2.8% | $131,210 +3% |
| 2012 | $1,383 +1.9% | $127,390 +3% |
| 2011 | $1,357 +5.1% | $123,680 +3% |
| 2010 | $1,290 +4.3% | $120,080 +3% |
| 2009 | $1,237 +5.8% | $116,590 +3% |
| 2008 | $1,169 -2.2% | $113,200 +3% |
| 2007 | $1,196 +3.4% | $109,910 +3% |
| 2006 | $1,157 +0.7% | $106,710 +3% |
| 2005 | $1,149 +3.7% | $103,610 +3% |
| 2004 | $1,108 +8.3% | $100,600 +6.1% |
| 2002 | $1,023 +2.7% | $94,830 +3% |
| 2001 | $996 +3.9% | $92,070 +3% |
| 2000 | $959 | $89,390 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 97338
Nearby schools
GreatSchools rating
- 3/10Lyle Elementary SchoolGrades: K-3Distance: 2.4 mi
- 4/10Lacreole Middle SchoolGrades: 6-8Distance: 2.2 mi
- 2/10Dallas High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Lyle
- Middle: LaCreole
- High: Dallas
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Polk County
- Dallas
- 97338
- 1290 Oak Villa Rd






