40871 Highway 62, Prospect, OR 97536

NEW PRICE – Recently reduced by $25,000. We’ve already secured our next home and looking to sell this property ASAP, making this a great opportunity for buyers, but we’re not under pressure to sell and are willing to wait for the right fit. Properties offering this combination of acreage, irrigation, water rights, privacy, and functionality are becoming increasingly difficult to find! Tucked away in the majestic mountains of southern Oregon on 10.77 acres of peaceful, usable land, this is the kind of property that people spend years hoping to find, and rarely do. This beautifully built 1,846 sq ft, 3-bedroom, 2-bath home offers more than just a place to live… it offers a lifestyle. Built in 2001 with quality craftsmanship, the home is filled with stunning natural woodwork, exposed wild edges all around, and rich textures that instantly make you feel at home. Sunlight pours through expansive windows, lighting up the living space and drawing your attention out to the surrounding land, where every season brings a new kind of beauty. There’s a warmth here that’s hard to describe until you step inside. The combination of wood floors, tile, and cozy carpeted bedrooms, along with a wood stove for those crisp evenings, creates a space that feels both grounded and inviting, a place where you can truly slow down and enjoy where you are. Outside is where this property really starts to separate itself. With over 10 acres of land, including approximately 8 irrigated acres, you have room to build, grow, raise animals, or simply enjoy the space and privacy that’s becoming harder and harder to find. A year-round creek flows through the property, adding a peaceful, natural element that makes the land feel alive. The large attached shop (just under 1,300 sq ft) is a game changer, whether you need space for projects, storage, business use, or all of the above, it opens the door to possibilities most homes simply don’t offer. And when you’re ready to get out and explore, Lost Creek Lake is just minutes away, giving you access to boating, fishing, and outdoor adventure all year long. What makes this property truly special is how many different directions it can go. It could be a private retreat, a small ranch, a basecamp for outdoor living, or an investment with long-term upside. It’s rare to find a place that checks this many boxes while still feeling this peaceful and private. If you’ve been waiting for something with land, water, functionality, and character… this might be the one that makes you stop looking. For Sale By Owner – Reach out to schedule a private showing.