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  • Price cut: $51K (5/7)
    $499,000

    5498 Butte Falls Hwy, Eagle Point, OR 97524

    3beds
    2baths
    1,560sqft
    : 
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    Single Family Residence
    Built in 2002
    1.63 Acres Lot
    $494,300 Zestimate®
    $320/sqft
    $-- HOA

    What's special

    Chicken coopNewer roof
    Sellers willing to offer $10,000 towards buyer's allowable closing costs with an acceptable offer. Turnkey home on 1.63 acres with EPID irrigation rights, this property supports gardens, animals, and a relaxed country lifestyle at a peaceful location along South Fork Reese Creek. A standout feature is the expansive shop with 100 amp and 220 power, RV door, welder outlet, hoist, and loft--ideal for projects, storage, or recreational vehicles. 3 bedrooms, 2 baths, and 1,560 sq ft with a light-filled floor plan, plus a newer roof and exterior paint. This property includes a secondary tax lot of .57 acres, zoned RR-5 (Buyer to complete their own due diligence on development potential). The attached, fully insulated and finished 2-car garage adds flexible workspace and everyday convenience. Mature fruit trees--apple, plum, and black walnut--pair with a greenhouse, chicken coop, and woodshed for a truly usable property with room to grow.
    103 days
    |
    718
    |
    38
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    John L. Scott Ashland 541-708-1343

    Source: Oregon Datashare,MLS#: 220217870MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Electric, Wood, Other
      Cooling
      • Other
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Other
      Features
      • Enclosed Toilet(s), Laminate Counters, Linen Closet, Open Floorplan, Pantry, Primary Downstairs, Shower/Tub Combo, Vaulted Ceiling(s)
      • Flooring: Laminate, Tile
      • Windows: Double Pane Windows, Vinyl Frames
      • Basement: None
      • Has fireplace: No
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 1,560
      • Total interior livable area: 1,560 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Driveway, Garage Door Opener, Gravel, RV Access/Parking, RV Garage, Storage
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered
      • Pool features: None
      • Fencing: Fenced
      • Has view: Yes
      • View description: Creek/Stream, Mountain(s), Territorial
      • Has water view: Yes
      • Water view: Creek/Stream
      • Waterfront features: Creek
      Lot
      • Size: 1.63 Acres
      • Features: Landscaped, Level, Native Plants
      Details
      • Additional structures: Greenhouse, Poultry Coop, RV/Boat Storage, Shed(s), Storage, Workshop
      • Additional parcels included: 10237554
      • Parcel number: 10237548
      • Zoning description: EFU
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2002

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      HOA
      • Has HOA: No
      Location
      • Region: Eagle Point

      Financial & listing details

      • Price per square foot: $320/sqft
      • Tax assessed value: $518,440
      • Annual tax amount: $2,948
      • Date on market: 3/25/2026
      • Cumulative days on market: 103 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Inclusions: Range, Oven, Fridge, Washer/Dryer
      • Has irrigation water rights: Yes
      • Road surface type: Gravel

        Estimated market value

        $494,300

        $470,000 - $519,000

        $2,112/mo

        Price history

        DateEventPrice
        5/7/2026Price change$499,000-9.3%$320/sqft
        Source: Oregon Datashare #220217870 Report a problem
        4/23/2026Price change$550,000-8.3%$353/sqft
        Source: Oregon Datashare #220217870 Report a problem
        4/7/2026Price change$600,000-4%$385/sqft
        Source: Oregon Datashare #220217870 Report a problem
        3/25/2026Listed for sale$625,000$401/sqft
        Source: Oregon Datashare #220217870 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,476 +3.8%$287,800 +3%
        2023$2,387 +2.6%$279,420
        2022$2,326 +11.8%$279,420 +12.1%
        2021$2,082 +2.8%$249,360 +6.1%
        2020$2,025 +2.5%$235,050 +3%
        2019$1,977 $228,210 +3%
        2018$1,977 +2.9%$221,570
        2017$1,921 +2.5%$221,570 +6.1%
        2016$1,874 +2.6%$208,860
        2015$1,826 +3.4%$208,860 +8.5%
        2014$1,766 +15.2%$192,540 +3%
        2013$1,533 +5.9%$186,940 +3%
        2012$1,447 -0.1%$181,500 +3%
        2011$1,449 +1.2%$176,220 +3%
        2010$1,431 +2.4%$171,090 +3%
        2009$1,398 +1.2%$166,110 +3%
        2008$1,381 +3.3%$161,280 +3%
        2007$1,337 +3.9%$156,590 +3%
        2006$1,287 +2.5%$152,030 +3%
        2005$1,255 +1.9%$147,610 +3%
        2004$1,232 +19.7%$143,320 +3%
        2003$1,029 $139,150

        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 97524

        Getting around

        0 / 100
        Car-Dependent
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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