Come see this beautiful 5 bedroom, 2.5 bathroom home located on 2.23 acres of peace and tranquility. Attached 2 car garage, RV pad, and 40' x 60' shop means there is plenty of room for all of your vehicles and toys with ample additional storage space. Level topography on nearly the entire property allows for easy access to all the acreage. The home features a hot tub, hard wood flooring, granite counter tops, stainless steel appliances, upper and lower level furnaces, and even heated floors in the bathrooms! Also comes with a 22,000 watt generator with an automatic transfer switch, so no need to worry about storms or power outages. Located less than 8 miles from Lincoln City beaches and shopping, don't miss out on all this property has to offer.
Closed
$775,000
227 Valley Vw, Otis, OR 97368
5beds
3baths
2,350sqft
Single Family Residence
Built in 2015
2.23 Acres Lot
$728,900 Zestimate®
$330/sqft
$3,371 Estimated rent
Home value
$728,900
Estimated sales range
Not available
$3,371/mo
Zestimate® history
Owner options
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$4,609/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Sean Corbett 949-244-8763,
Taylor & Taylor Realty Company,
Gerald R Aldrich 541-706-1710,
Taylor & Taylor Realty Company
Bought with:
Jason C Braun, 201253228
Emerald Coast Realty - Depoe Bay
Source: OCMLS,MLS#: LC-102732
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater
Features
- Flooring: Carpet, Tile, Wood
- Windows: Window Treatments
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 2,350
- Total interior livable area: 2,350 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Forest
Lot
- Size: 2.23 Acres
Details
- Additional structures: Shed(s), Workshop
- Parcel number: 071003BA140000
- Zoning description: RR-2 Rural 2 acre
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Concrete
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 2015
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Propane, Water Available
Community & neighborhood
Location
- Region: Otis
- Subdivision: Bear Valley
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,Submit
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2025 | Sold | $775,000-1.1%$330/sqft |
Source:  OCMLS #LC-102732 Report a problem | ||
| 12/20/2024 | Pending sale | $784,000$334/sqft |
Source: OCMLS #24-2582 Report a problem | ||
| 12/20/2024 | Listed for sale | $784,000$334/sqft |
Source: OCMLS #24-2582 Report a problem | ||
| 10/25/2024 | Listing removed | $784,000-1.9%$334/sqft |
Source: OCMLS #23-1276 Report a problem | ||
| 9/5/2023 | Price change | $799,000-3.6%$340/sqft |
Source: OCMLS #23-1276 Report a problem | ||
| 6/30/2023 | Listed for sale | $829,000+1464.2%$353/sqft |
Source: OCMLS #23-1276 Report a problem | ||
| 3/14/2014 | Sold | $53,000-41.1%$23/sqft |
Source: Public Record Report a problem | ||
| 8/12/1994 | Sold | $90,000$38/sqft |
Source:  OCMLS #94-10499 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,438 +3.3% | $368,450 +3% |
| 2023 | $4,297 +3% | $357,720 +3% |
| 2022 | $4,171 +2.7% | $347,310 +3% |
| 2021 | $4,062 +5.2% | $337,200 +3% |
| 2020 | $3,862 | $327,380 +3% |
| 2019 | -- | $317,850 +3% |
| 2018 | $3,760 | $308,600 +3% |
| 2017 | $3,760 +15.7% | $299,620 +3% |
| 2016 | $3,250 | $290,900 +54.4% |
| 2015 | $3,250 +399% | $188,460 +222% |
| 2014 | $651 | $58,530 -1.6% |
| 2013 | $651 -18.6% | $59,480 -17.2% |
| 2012 | $800 -11.7% | $71,850 -13.2% |
| 2011 | $906 -7% | $82,790 -7% |
| 2010 | $974 -8.6% | $88,980 -8.8% |
| 2009 | $1,066 -7.7% | $97,540 -7.2% |
| 2008 | $1,154 -1% | $105,160 |
| 2007 | $1,166 | $105,160 |
Find assessor info on the county website
Neighborhood: 97368
Nearby schools
GreatSchools rating
- NAOceanlake Elementary SchoolGrades: K-2Distance: 5.3 mi
- 6/10Taft Middle SchoolGrades: 7-8Distance: 7.3 mi
- 3/10Taft High SchoolGrades: 9-12Distance: 7.2 mi
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- Oregon
- Lincoln County
- Otis
- 97368
- 227 Valley Vw
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