Skip main navigation
Off market
  • Tax assessed value
    $513,400

    40871 Highway 62, Prospect, OR 97536

    3beds
    1,848sqft
    SingleFamily
    Built in 2001
    10.75 Acres Lot
    $-- Zestimate®
    $278/sqft
    $2,361 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,361/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,361/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,361/mo

    Rent Zestimate®

    Refinance and save

    $3,335/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,335/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Quality craftsmanshipWood stoveStunning natural woodworkRich texturesWood floorsCozy carpeted bedroomsExposed wild edges

    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.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Radiant, Stove, Wall, Oil, Wood / Pellet
    Cooling
    • Wall
    Interior area
    • Total interior livable area: 1,848 sqft

    Property

    Parking
    • Parking features: Carport, Garage - Attached, Off-street
    Features
    • Exterior features: Wood, Wood products, Cement / Concrete, Metal
    • Has view: Yes
    • View description: Water, Mountain
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 10.75 Acres
    Details
    • Parcel number: 10514825

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Metal
    Condition
    • Year built: 2001

    Community & HOA

    Location
    • Region: Prospect

    Financial & listing details

    • Price per square foot: $278/sqft
    • Tax assessed value: $513,400
    • Annual tax amount: $2,357

    Price history

    DateEventPrice
    9/5/2026Listing removed--
    Source: Owner Report a problem
    6/7/2026Price change$625,000-3.8%$338/sqft
    Source: Owner Report a problem
    3/31/2026Listed for sale$650,000+4.8%$352/sqft
    Source: Owner Report a problem
    12/1/2025Listing removed$620,000$335/sqft
    Source: Oregon Datashare #220201474 Report a problem
    11/5/2025Price change$620,000-1.6%$335/sqft
    Source: Oregon Datashare #220201474 Report a problem
    9/10/2025Price change$630,000-1.6%$341/sqft
    Source: Oregon Datashare #220201474 Report a problem
    7/21/2025Price change$640,000-1.5%$346/sqft
    Source: Oregon Datashare #220201474 Report a problem
    5/9/2025Listed for sale$650,000+4%$352/sqft
    Source: Oregon Datashare #220201474 Report a problem
    11/11/2024Listing removed$625,000$338/sqft
    Source: Oregon Datashare #220185069 Report a problem
    10/7/2024Price change$625,000-0.8%$338/sqft
    Source: Oregon Datashare #220185069 Report a problem
    9/23/2024Listed for sale$630,000-1.6%$341/sqft
    Source: Oregon Datashare #220185069 Report a problem
    8/27/2024Listing removed$640,000-1.5%$346/sqft
    Source: Oregon Datashare #220185069 Report a problem
    7/22/2024Price change$650,000-2.3%$352/sqft
    Source: Oregon Datashare #220185069 Report a problem
    7/8/2024Price change$665,000-1.5%$360/sqft
    Source: Oregon Datashare #220185069 Report a problem
    6/21/2024Listed for sale$675,000-2%$365/sqft
    Source: Oregon Datashare #220185069 Report a problem
    6/21/2024Listing removed--
    Source: Owner Report a problem
    6/17/2024Price change$689,000-1.4%$373/sqft
    Source: Owner Report a problem
    6/1/2024Price change$699,000-2.8%$378/sqft
    Source: Owner Report a problem
    5/17/2024Price change$719,000-1.4%$389/sqft
    Source: Owner Report a problem
    5/2/2024Listed for sale$729,000+26.8%$394/sqft
    Source: Owner Report a problem
    2/16/2023Sold$575,000$311/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,357 +3.5%$251,320 +3%
    2023$2,277 +3%$244,000
    2022$2,210 +3.1%$244,000 +3%
    2021$2,143 +2.9%$236,900 +6.1%
    2020$2,084 +2.7%$223,310 +3%
    2019$2,030 $216,810 +3%
    2018$2,030 +3%$210,500
    2017$1,971 +2.4%$210,500 +6.1%
    2016$1,924 +2.7%$198,420
    2015$1,873 +3.4%$198,420 +6.1%
    2014$1,810 +12.4%$187,040 +3%
    2013$1,611 +2.8%$181,600 +3%
    2012$1,566 +2.9%$176,320 +3%
    2011$1,522 +2.8%$171,190 +3%
    2010$1,481 +2.5%$166,210 +3%
    2009$1,446 +1.3%$161,370 +3%
    2008$1,427 +3.3%$156,670 +3%
    2007$1,381 +2.2%$152,110 +3%
    2006$1,351 +52.2%$147,680 +17%
    2005$888 +31.7%$126,210 +29%
    2004$674 +90%$97,800 +71.3%
    2003$355 $57,090
    Find assessor info on the county website

    Neighborhood: 97536

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.