Wallace Cottage is a well-known STR near Welches, tucked away on a quiet dead-end street in the heart of Mt. Hood recreation. After the current owners refurbished the cabin, the result is a classic mountain getaway with modern comfort and outstanding versatility. Step onto the covered front deck with log railings and supports overlooking the woods and seasonal creek. Inside, warm wood floors, wood walls, and a charming stone fireplace with wood stove create the authentic cabin atmosphere second-home buyers are searching for. Two upstairs bedrooms with skylights, an updated bathroom, utility room, and functional kitchen make the home comfortable for full-time use, weekend escapes, or STR guests.The property offers far more than just the original cabin. Just outside the back door is “The Little House,” a fun bonus retreat complete with built-in bunks and power — ideal for kids, guests, or overflow sleeping space.A major highlight is the incredible 875 SF four-car garage and workshop with room for all your mountain gear, vehicles, bikes, kayaks, skis, and recreational toys. There are ten foot doors on both ends of the garage plus an outlet for EV charger too. Above and beyond that is a newer 550 SF flex space featuring a full bath, wet bar, wood stove, skylights, and private bird’s eye view deck. Perfect for a media room, game room, home office, or hobby space.This versatile property fits today’s Mt. Hood lifestyle perfectly — ideal as a second home, recreational basecamp, or STR investment with income potential and exceptional storage flexibility.Enjoy the privacy and quiet setting with the sounds of the Sandy River just a block away. Restaurants, pubs, golf, hiking, skiing, and mountain recreation are all nearby, while Portland remains an easy drive for weekend escapes. Buyers looking for a true Mt. Hood retreat with flexibility, character, and recreational appeal should not miss this opportunity.
Sold
Zestimate®
$600,000
23094 E Wallace Ave, Brightwood, OR 97011
2beds
915sqft
Residential, Single Family Residence
Built in 1939
0.33 Acres Lot
$600,000 Zestimate®
$656/sqft
$2,093 Estimated rent
Home value
$600,000
$570,000 - $630,000
$2,093/mo
Zestimate® history
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List your homeWhat's special
Updated bathroomUtility roomWood wallsWarm wood floorsFunctional kitchenOutlet for ev charger
Zillow last checked:
Listing updated:
Listed by:
Liz Warren 503-705-3090,
Premiere Property Group LLC
Bought with:
Marissa Newbury, 200404383
Equity Oregon Real Estate
Source: RMLS (OR),MLS#: 648014592
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Utility Room, Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Skylight, Closet, Wallto Wall Carpet
- Level: Upper
- Area: 154
- Dimensions: 11 x 14
Bedroom 2
- Features: Closet, Wallto Wall Carpet
- Level: Upper
- Area: 117
- Dimensions: 9 x 13
Dining room
- Features: Kitchen Dining Room Combo, Wood Floors
- Level: Main
- Area: 63
- Dimensions: 9 x 7
Kitchen
- Features: Dishwasher, Microwave, Free Standing Range, Free Standing Refrigerator, Wood Floors
- Level: Main
- Area: 99
- Width: 11
Living room
- Features: Ceiling Fan, Fireplace Insert, Wood Floors
- Level: Main
- Area: 238
- Dimensions: 14 x 17
Heating
- Mini Split, Wood Stove
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater
- Laundry: Laundry Room
Features
- Ceiling Fan(s), High Speed Internet, Bathtub With Shower, Closet, Kitchen Dining Room Combo, Bathroom, Loft, Plumbed, Built-in Features, Tile
- Flooring: Tile, Wall to Wall Carpet, Wood
- Windows: Wood Frames, Skylight(s)
- Basement: Crawl Space
- Number of fireplaces: 2
- Fireplace features: Insert, Stove, Wood Burning, Wood Burning Stove
Interior area
- Total structure area: 915
- Total interior livable area: 915 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway, RV Boat Storage, Garage Door Opener, Detached, Garage Partially Converted to Living Space, Tandem
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Deck, Deck
- Exterior features: Fire Pit, Yard
- Fencing: Fenced
- Has view: Yes
- View description: Trees/Woods
- Waterfront features: Creek, Seasonal
Lot
- Size: 0.33 Acres
- Features: Level, Secluded, Wooded, SqFt 10000 to 14999
Details
- Additional structures: Other Structures Bathrooms Total (1), Outbuilding, GarageOffice, Workshop
- Parcel number: 00733674
- Zoning: RR
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Residential, Single Family Residence
Materials
- Frame, Wood Frame, Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Cesspool
- Water: Shared Well
- Utilities for property: Cable Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Brightwood
Financial & listing details
- Price per square foot: $656/sqft
- Tax assessed value: $566,966
- Annual tax amount: $3,202
- Date on market: 6/3/2026
- Cumulative days on market: 7 days
- Listing terms: Cash,Conventional
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Sold | $600,000-2%$656/sqft |
Source:  RMLS (OR) #648014592 Report a problem | ||
| 6/11/2026 | Pending sale | $612,500$669/sqft |
Source: RMLS (OR) #648014592 Report a problem | ||
| 6/4/2026 | Listed for sale | $612,500+92.6%$669/sqft |
Source: RMLS (OR) #648014592 Report a problem | ||
| 10/17/2019 | Sold | $318,000-2.2%$348/sqft |
Source:  RMLS (OR) #19292501 Report a problem | ||
| 9/7/2019 | Pending sale | $325,000$355/sqft |
Source: Ten Mile Lake Properties LLC #19292501 Report a problem | ||
| 9/3/2019 | Price change | $325,000+1.6%$355/sqft |
Source: Ten Mile Lake Properties LLC #19292501 Report a problem | ||
| 8/26/2019 | Price change | $319,999+0.3%$350/sqft |
Source: Ten Mile Lake Properties LLC #19292501 Report a problem | ||
| 8/19/2019 | Price change | $319,000-3.3%$349/sqft |
Source: Ten Mile Lake Properties LLC #19292501 Report a problem | ||
| 8/14/2019 | Listed for sale | $330,000+548.3%$361/sqft |
Source: Ten Mile Lake Properties LLC #19292501 Report a problem | ||
| 9/10/2002 | Sold | $50,901$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,202 +32.9% | $206,676 +24.3% |
| 2024 | $2,410 +2.6% | $166,300 +3% |
| 2023 | $2,350 +2.7% | $161,457 +3% |
| 2022 | $2,289 +3.6% | $156,755 +3% |
| 2021 | $2,210 +19.6% | $152,190 +20.6% |
| 2020 | $1,848 +0.5% | $126,205 +3% |
| 2019 | $1,838 +31.4% | $122,530 +30.8% |
| 2018 | $1,399 | $93,655 +13.9% |
| 2017 | $1,399 +20% | $82,244 +6.4% |
| 2016 | $1,166 | $77,303 +3% |
| 2015 | $1,166 +2.7% | $75,051 +3% |
| 2014 | $1,135 +5.2% | $72,865 +3% |
| 2013 | $1,079 +1.9% | $70,743 +3% |
| 2012 | $1,059 +3.4% | $68,683 +3% |
| 2011 | $1,024 +3% | $66,683 +3% |
| 2010 | $995 +2.6% | $64,741 +3% |
| 2009 | $969 +21.3% | $62,855 +3% |
| 2008 | $799 +7.7% | $61,024 +3% |
| 2007 | $742 +5% | $59,247 +3% |
| 2006 | $707 +2.5% | $57,521 +3% |
| 2005 | $690 -1.9% | $55,846 +3% |
| 2004 | $703 +2.6% | $54,219 +3% |
| 2003 | $685 +7.8% | $52,640 +3% |
| 2002 | $636 +2.5% | $51,107 +3% |
| 2001 | $621 +10.1% | $49,618 +3% |
| 2000 | $563 | $48,173 |
Find assessor info on the county website
Neighborhood: 97011
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Nearby schools
GreatSchools rating
- 10/10Welches Elementary SchoolGrades: K-5Distance: 1.9 mi
- 8/10Welches Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Sandy High SchoolGrades: 9-12Distance: 14.8 mi
Schools provided by the listing agent
- Elementary: Welches
- Middle: Welches
- High: Sandy
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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Estimated market value
$600,000
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Estimated market value
$600,000
- Oregon
- Clackamas County
- Welches
- 97011
- 23094 E Wallace Ave
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