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  • $1,091,000

    3940 NW Owl Dr, Forest Grove, OR 97116

    4beds
    3,364sqft
    Residential, Single Family Residence
    Built in 1939
    21.23 Acres Lot
    $1,090,500 Zestimate®
    $324/sqft
    $4,287 Estimated rent

    Home value

    $1,090,500

    $1.04M - $1.15M

    $4,287/mo

    Zestimate® history
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    What's special

    Wood fireplaceLike new swim spaFull shopShop areaMajestic landMature gardensStone waterfall feature
    21+ acres of majestic land surrounds this idyllic country retreat with walking paths, creek and large open areas. The main house overlooks the beautiful meadow and surrounding forest perfectly situated for southern sun. Arched wood beam ceilings, oversized windows and extensive 20 foot+ covered areas around the home offer year round outdoor enjoyment. Private drive up to the home and pass through driveway back to Owl Dr. Mature gardens with drip lines, EV charging setup and a like new swim spa under cover. Gourmet kitchen with top of the line appliances, island with cooktop and eating bar, and butcher block counter top. Large living room with oversized windows, wood fireplace and office nook. Enormous upstairs primary suite with sitting area, expansive walk-in closet, ceiling fan, and private oversized deck with multiple ceiling fans. Finished downstairs entertainment room with pool table, built-ins, extensive storage areas with shelving and racks, shop area, and exterior door. Hydroponic floor heating. 5,000 gallon water tank. Guest house features arched beamed ceilings, wood trim throughout, oversized south facing windows and full bath. Full shop with lighting, power and oversized garage door. Fenced pickleball court with basketball hoop and seating area. Multiple garden areas and incredible stone waterfall feature. Truly a magnificent escape just minutes from town.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joe Reitzug 503-380-0246,

    Cascade Hasson Sotheby's International Realty,

    Makayla Mast 503-929-2503,

    Cascade Hasson Sotheby's International Realty

    Bought with:

    Maryam Tu, 201225669

    Modern Homes Collective

    Source: RMLS (OR),MLS#: 24562907MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • Partial bathrooms: 1
    • Main level bathrooms: 3
    Rooms
    • Room types: Laundry, Mud Room, Workshop, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Features: Builtin Features, Ceiling Fan, Deck, Engineered Hardwood, High Ceilings, Suite, Walkin Closet
    • Level: Upper
    • Area: 450
    • Dimensions: 25 x 18
    Bedroom 2
    • Features: Hardwood Floors
    • Level: Main
    • Area: 209
    • Dimensions: 19 x 11
    Bedroom 3
    • Features: Hardwood Floors
    • Level: Main
    • Area: 182
    • Dimensions: 14 x 13
    Dining room
    • Features: Beamed Ceilings, Kitchen Dining Room Combo, Tile Floor
    • Level: Main
    • Area: 323
    • Dimensions: 19 x 17
    Family room
    • Features: Beamed Ceilings, Builtin Features
    • Level: Lower
    • Area: 400
    • Dimensions: 16 x 25
    Kitchen
    • Features: Builtin Features, Builtin Range, Builtin Refrigerator, Cook Island, Dishwasher, Eat Bar, Eating Area, Garden Window, Gourmet Kitchen, Hardwood Floors, Pantry, High Ceilings
    • Level: Main
    • Area: 375
    • Width: 15
    Living room
    • Features: Ceiling Fan, Fireplace, Nook, Tile Floor
    • Level: Main
    • Area: 380
    • Dimensions: 20 x 19
    Heating
    • Forced Air, Mini Split, Fireplace(s)
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Built In Oven, Built-In Refrigerator, Dishwasher, Stainless Steel Appliance(s), Washer/Dryer, Built-In Range, Propane Water Heater
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Beamed Ceilings, Kitchen Dining Room Combo, Built-in Features, Cook Island, Eat Bar, Eat-in Kitchen, Gourmet Kitchen, Pantry, Nook, Suite, Walk-In Closet(s), Kitchen Island, Marble
    • Flooring: Engineered Hardwood, Hardwood, Tile, Wood
    • Windows: Garden Window(s)
    • Basement: Full,Partially Finished,Storage Space
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 3,364
    • Total interior livable area: 3,364 sqft

    Property

    Parking
    • Parking features: Covered, RV Access/Parking, Carport, Oversized
    • Has carport: Yes
    Features
    • Stories: 2
    • Patio & porch: Covered Patio, Deck
    • Exterior features: Basketball Court, Garden, Water Feature, Yard, Exterior Entry
    • Has view: Yes
    • View description: Creek/Stream, Seasonal, Trees/Woods
    • Has water view: Yes
    • Water view: Creek/Stream
    • Waterfront features: Stream
    Lot
    • Size: 21.23 Acres
    • Features: Secluded, Wooded, Acres 20 to 50
    Details
    • Additional structures: RVParking, Workshop, Workshopnull
    • Parcel number: R773470
    • Zoning: AF-20

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential, Single Family Residence
    Materials
    • Wood Siding
    • Roof: Metal
    Condition
    • Resale
    • New construction: No
    • Year built: 1939

    Utilities & green energy

    • Electric: 220 Volts
    • Gas: Propane
    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Satellite Internet Service

    Community & HOA

    Community
    • Security: Security Lights
    HOA
    • Has HOA: No
    Location
    • Region: Forest Grove

    Financial & listing details

    • Price per square foot: $324/sqft
    • Tax assessed value: $850,940
    • Annual tax amount: $4,428
    • Date on market: 3/4/2025
    • Cumulative days on market: 414 days
    • Listing terms: Cash,Conventional,VA Loan
    • Road surface type: Gravel, Paved

    Price history

    DateEventPrice
    6/12/2026Sold$1,091,000-21.8%$324/sqft
    Source: RMLS (OR) #24562907 Report a problem
    4/22/2026Pending sale$1,395,000$415/sqft
    Source: RMLS (OR) #24562907 Report a problem
    1/6/2026Price change$1,395,000-6.7%$415/sqft
    Source: RMLS (OR) #24562907 Report a problem
    10/16/2025Price change$1,495,000-6.5%$444/sqft
    Source: RMLS (OR) #24562907 Report a problem
    8/1/2025Price change$1,599,000-5.7%$475/sqft
    Source: RMLS (OR) #24562907 Report a problem
    4/21/2025Price change$1,695,000-5.6%$504/sqft
    Source: RMLS (OR) #24562907 Report a problem
    3/4/2025Listed for sale$1,795,000$534/sqft
    Source: RMLS (OR) #24562907 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,428 +2.6%$324,480 +3%
    2024$4,314 +3.9%$315,160 +3%
    2023$4,153 +15.8%$306,110 +3%
    2022$3,586 +0.6%$297,310
    2021$3,563 -0.3%--
    2020$3,573 +2.5%$280,490 +3%
    2019$3,485 +1.7%$272,450 +0%
    2018$3,427 $272,410 +6%
    2017$3,427 +5.5%$257,050 +2.9%
    2016$3,249 $249,700 +2.9%
    2015$3,249 +7.1%$242,550 +2.9%
    2014$3,034 +0.1%$235,610 +2.9%
    2013$3,032 +1.7%$228,870 +2.9%
    2012$2,981 +3.5%$222,330 -26.2%
    2011$2,879 -1.8%$301,100 +2.4%
    2010$2,932 +7.5%$293,940 -21.3%
    2008$2,729 +3.2%$373,490 -7.1%
    2007$2,644 +7.5%$401,940 +8.6%
    2006$2,460 $370,230
    Find assessor info on the county website

    Neighborhood: 97116

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cornelius
    • Middle: Neil Armstrong
    • High: Forest Grove

    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
    $1,090,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,090,500