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  • $450,000

    4701 Highway 227, Trail, OR 97541

    2beds
    1baths
    869sqft
    Single Family Residence
    Built in 1940
    9.82 Acres Lot
    $480,800 Zestimate®
    $518/sqft
    $1,676 Estimated rent

    Home value

    $480,800

    $428,000 - $529,000

    $1,676/mo

    Zestimate® history
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    $2,678/mo

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    What's special

    Recreational licensed Cannabis farm located in sunny southern Oregon! This tier 2 mix-use farm is nestled in the foothills just outside of Trail Oregon and has all the elements for you to step into the Oregon market. The property has multiple outdoor grow terraces, and two new buildings totaling 5244 sqft currently used as flex space that includes an indoor grow and is ready to be turned into full-time indoor space. 600 amp service is at the property, nursery water rights from a spring, water storage pond, tons of soil, pots, climate-controlled Conex box, and a 30x96 cold frame greenhouse with power stubbed out and ready to be turned into auto dep. The quaint 2 bedroom home is perfect for farm managers and employees. The active OLCC License is included in the listing price.

    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty Southern Oregon 541-608-0447

    Bought with:

    Keller Williams Realty Southern Oregon

    Source: Oregon Datashare,MLS#: 220158244MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Electric
    Cooling
    • Wall/Window Unit(s)
    Features
    • Flooring: Other
    • Has fireplace: No
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 869
    • Total interior livable area: 869 sqft

    Property

    Parking
    • Parking features: Gravel
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Fenced
    Lot
    • Size: 9.82 Acres
    • Features: Drip System, Garden, Sloped, Wooded
    Details
    • Additional structures: Storage, Workshop, Other
    • Parcel number: 10216283
    • Zoning description: WR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    • Roof: Asphalt,Metal
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Spring, Well

    Community & neighborhood

    Location
    • Region: Trail

    Other

    Other facts
    • Has irrigation water rights: Yes
    • Listing terms: Cash,Owner Will Carry

    Price history

    DateEventPrice
    11/3/2023Sold$450,000-18.2%$518/sqft
    Source: Oregon Datashare #220158244 Report a problem
    5/2/2023Pending sale$550,000$633/sqft
    Source: Oregon Datashare #220158244 Report a problem
    1/20/2023Listed for sale$550,000-44.7%$633/sqft
    Source: RMLS (OR) #23181977 Report a problem
    8/2/2022Listing removed--
    Source: Oregon Datashare #220138667 Report a problem
    2/3/2022Listed for sale$995,000+1200.7%$1,145/sqft
    Source: Oregon Datashare #220138667 Report a problem
    8/13/2015Sold$76,500$88/sqft
    Source: Oregon Datashare #102957891 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,083 -4.9%$261,797 -5.1%
    2023$3,241 +3%$275,747
    2022$3,147 +19.3%$275,747 +19.7%
    2021$2,639 -7.4%$230,441 +6.1%
    2020$2,849 +10%$217,224 +12%
    2019$2,591 $193,943 +155.1%
    2018$2,591 +154%$76,013 +27.9%
    2017$1,020 +33.3%$59,431 +9.9%
    2016$765 +9.5%$54,084
    2015$699 -31.9%$54,084 -28%
    2014$1,027 +24.4%$75,121 +9.4%
    2013$825 +13%$68,685 +13.8%
    2012$730 -5.6%$60,362 -6.3%
    2011$773 -13%$64,419 -12.2%
    2010$889 -13%$73,377 -10.3%
    2009$1,021 -2.4%$81,826 +3%
    2008$1,046 +4.7%$79,446 +3%
    2007$1,000 +3.8%$77,137 +3%
    2006$963 $74,891

    Find assessor info on the county website

    Neighborhood: 97541

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Shady Cove School
    • Middle: Shady Cove School
    • High: Eagle Point High

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

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    $480,800
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    With Zillow Showcase(estimated)
    $490,416