Active

Price cut: $25K (6/20)

$1,650,000

2440 Hugo Rd, Merlin, OR 97532

4beds

4baths

3,395sqft

$9,857/mo

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Single Family Residence

Built in 2001

37.46 Acres Lot

$-- Zestimate^®

$486/sqft

$-- HOA

What's special

Artesian spring

Once in a lifetime chance to own your forever property! This place has it all! 4 bedroom and 4 full bathrooms. Almost 3,500 sqft. of a very upper end custom built home situated on 37.46 acres, 16 + acres of which are completely irrigated not only from year round Quartz Creek that travels N to S through the property also with a 50 gpm well for domestic (fantastic) water also with water rights. Underground irrigation with risers,water cannons,and alum lines. There is also another 60 gpm well is on the property. 2 barns, one could easily be another dwelling, ADU, Ranch hand dwelling, etc. Another large metal barn has 8 stalls, tack room, cement pad. Expansive garden areas and fruit trees all with irrigation. 15+acres of hiking, riding trails and an artesian spring. Marketable timber has already been selectively cruised for forest management and $. This is truly a unique property. Possible Owner terms. Owner is a real estate broker licensed in the state of Oregon.

124 days

226

17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Electric, Forced Air, Heat Pump, Propane, Wood

Cooling

Central Air, Heat Pump

Appliances

Included: Cooktop, Dishwasher, Disposal, Double Oven, Range Hood, Refrigerator, Trash Compactor, Water Heater

Features

Smart Light(s), Built-in Features, Ceiling Fan(s), Central Vacuum, Double Vanity, Dry Bar, Granite Counters, Kitchen Island, Pantry, Primary Downstairs, Shower/Tub Combo, Tile Counters, Tile Shower, Walk-In Closet(s), Wired for Data, Wired for Sound
Flooring: Carpet, Hardwood, Stone, Tile, Other
Windows: Double Pane Windows, Wood Frames
Basement: None
Has fireplace: Yes
Fireplace features: Living Room, Outside, Propane, Wood Burning
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 3,395
Total interior livable area: 3,395 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Concrete, Driveway, Garage Door Opener, Gated, Gravel, RV Access/Parking, RV Garage, Storage, Other
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Patio
Exterior features: Built-in Barbecue, Fire Pit, Outdoor Kitchen, RV Hookup
Has private pool: Yes
Pool features: Outdoor Pool
Spa features: Spa/Hot Tub
Fencing: Fenced
Has view: Yes
View description: Creek/Stream, Forest, Territorial
Has water view: Yes
Water view: Creek/Stream
Waterfront features: Creek

Lot

Size: 37.46 Acres
Features: Garden, Landscaped, Level, Marketable Timber, Native Plants, Pasture, Sloped, Sprinkler Timer(s), Sprinklers In Front, Wooded

Details

Additional structures: Animal Stall(s), Barn(s), Kennel/Dog Run, Poultry Coop, RV/Boat Storage, Second Garage, Shed(s), Stable(s), Storage, Workshop, Other
Parcel number: R303095
Zoning description: Fr/Rr5
Special conditions: Standard
Horses can be raised: Yes

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary,Craftsman,Northwest
Property subtype: Single Family Residence

Materials

Frame
Foundation: Block, Concrete Perimeter, Stone
Roof: Composition

Condition

New construction: No
Year built: 2001

Utilities & green energy

Sewer: Private Sewer, Septic Tank, Standard Leach Field
Water: Private, Well

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Security System Owned, Smoke Detector(s)

HOA

Has HOA: No

Location

Region: Merlin

Financial & listing details

Price per square foot: $486/sqft
Tax assessed value: $1,293,910
Annual tax amount: $6,603
Date on market: 3/27/2026
Cumulative days on market: 124 days
Listing terms: Cash,Conventional,FHA,Owner Will Carry,Private Financing Available,Trade,VA Loan
Inclusions: Complete list TBD
Exclusions: Complete list TBD
Has irrigation water rights: Yes
Road surface type: Gravel

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/20/2026	Price change	$1,650,000-1.5%$486/sqft
Source: Oregon Datashare #220218010 Report a problem
3/27/2026	Listed for sale	$1,675,000+1.5%$493/sqft
Source: Oregon Datashare #220218010 Report a problem
12/27/2025	Listing removed	$1,650,000$486/sqft
Source: Oregon Datashare #220182728 Report a problem
11/21/2025	Price change	$1,650,000-2.9%$486/sqft
Source: Oregon Datashare #220182728 Report a problem
5/16/2025	Price change	$1,700,000-2.9%$501/sqft
Source: Oregon Datashare #220182728 Report a problem
5/31/2024	Listed for sale	$1,750,000+199.1%$515/sqft
Source: Oregon Datashare #220182728 Report a problem
3/3/2015	Sold	$585,000$172/sqft
Source: Oregon Datashare #102948626 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,387 +18.4%	$855,050 +3%
2023	$5,395 +2.8%	$830,150 +0%
2022	$5,250 -0.5%	$830,100 +6.1%
2021	$5,275	$782,510 +3%
2020	$5,275 +4.4%	$759,720 +3%
2019	$5,053	$737,600 +3%
2018	$5,053 +1.8%	$716,110 +3%
2017	$4,963 +15.6%	$695,260 +0.6%
2016	$4,294	$691,330 +3%
2015	$4,294 +6.6%	$671,200 +3%
2014	$4,028 +11.7%	$651,620 +10.6%
2013	$3,607 +52.3%	$589,350 +54.9%
2012	$2,368 -7.2%	$380,570 -8.4%
2011	$2,552 -3.5%	$415,370 -2.7%
2010	$2,646 -6.2%	$427,070 -7.1%
2009	$2,821 -6.7%	$459,780 -5.2%
2008	$3,024 +3.7%	$484,900 +2.9%
2007	$2,916 +4.3%	$471,090 +6%
2005	$2,796 +1.9%	$444,500 +2.9%
2004	$2,744 +127.7%	$431,800 +3.2%
2003	$1,205	$418,570 +136%
2002	$1,205 +73.6%	$177,330 +36.1%
2001	$694 +13.6%	$130,310 +0.2%
2000	$611	$130,060

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 97532

Getting around

0 / 100

Car-Dependent

Nearby schools

GreatSchools rating

8/10
Manzanita Elementary School
Grades: K-5Distance: 4 mi
6/10
Fleming Middle School
Grades: 6-8Distance: 3.9 mi
6/10
North Valley High School
Grades: 9-12Distance: 3.7 mi

Schools provided by the listing agent

Elementary: Manzanita Elem
Middle: Fleming Middle
High: North Valley High

Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.