Unique 1.57-acre property along the Luckiamute River featuring river frontage, water rights, and a 48x48 open-air barn. The single-level, 1,628 sq. ft. home offers 3 bedrooms, 2 bathrooms, an updated interior, plus a versatile bonus room ideal for a home office, hobby space, den, or flex room. A special rural property combining usable acreage, agricultural features, flexible living space, and a peaceful country setting.
For sale
Listed by: Next Door Real Estate Group • LEAH OLSON • Contact: Cell: 541-619-4624
$624,900
39139 Kings Valley Hwy, Monmouth, OR 97361
3beds
1,628sqft
Single Family Residence
Built in 1968
1.57 Acres Lot
$605,100 Zestimate®
$384/sqft
$-- HOA
What's special
Agricultural featuresUsable acreageUpdated interiorRiver frontage
- 27 days
- 1,725
- 47
Zillow last checked:
Listing updated:
Listed by:
LEAH OLSON Cell:541-619-4624,
Next Door Real Estate Group,
MIKE IRWIN,
Next Door Real Estate Group
Source: WVMLS,MLS#: 844408
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
Dining room
- Features: Area (Combination)
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Electric
Appliances
- Included: Dishwasher
Features
- Has fireplace: Yes
- Fireplace features: Pellet Stove
Interior area
- Total structure area: 1,628
- Total interior livable area: 1,628 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Brown
- Has water view: Yes
- On waterfront: Yes
- Waterfront features: Waterfront
Lot
- Size: 1.57 Acres
Details
- Additional structures: Barn(s)
- Parcel number: 10616CA00100
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Monmouth
Financial & listing details
- Price per square foot: $384/sqft
- Tax assessed value: $385,000
- Annual tax amount: $1,770
- Price range: $624.9K - $624.9K
- Date on market: 8/15/2026
- Listing agreement: Exclusive Agency
- Listing terms: VA Loan,Cash,FHA,Conventional,USDA Loan
- Inclusions: Kitchen appliances, washing machine and dryer
- Has irrigation water rights: Yes
Estimated market value
$605,100
$575,000 - $635,000
$2,628/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2026 | Listed for sale | $624,900$384/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,770 +26.7% | $109,670 +29% |
| 2023 | $1,397 +9.9% | $85,016 +10.3% |
| 2022 | $1,271 +17.4% | $77,043 +18.5% |
| 2021 | $1,083 +2.2% | $65,031 +6.3% |
| 2020 | $1,060 +13.2% | $61,168 +12.5% |
| 2019 | $936 -3% | $54,355 -0.3% |
| 2018 | $965 -1.5% | $54,532 +5% |
| 2017 | $980 -13.7% | $51,957 -18.6% |
| 2016 | $1,135 | $63,860 +8.1% |
| 2015 | $1,135 +9.3% | $59,102 -1.4% |
| 2014 | $1,039 -2.9% | $59,918 -23.2% |
| 2012 | $1,070 | $78,035 -1.6% |
| 2010 | -- | $79,304 -11.3% |
| 2009 | -- | $89,410 -4.1% |
| 2008 | -- | $93,251 +16% |
| 2007 | -- | $80,357 +4.5% |
| 2006 | -- | $76,905 +1% |
| 2005 | -- | $76,106 +1% |
| 2004 | -- | $75,381 |
Find assessor info on the county website
Monthly payment
Est. payment





