Owner Carry Possible! Located along Caves Highway in Cave Junction, this two-story two-bedroom, one-bath home offers 912 square feet of living space on more than five acres. A brand-new septic tank provides immediate peace of mind, while existing fencing adds practical appeal.
Priced affordably, the property invites personal updates and thoughtful improvements to match your unique style. The generous acreage borders over 300 acres of BLM land, creating seamless access for outdoor pursuits and room for future possibilities. This setting forms a strong foundation for building the lifestyle you envision.
Pending
Price cut: $5K (6/15)
$200,000
5525 Caves Hwy, Cave Junction, OR 97523
2beds
1baths
912sqft
Single Family Residence
Built in 1940
5.56 Acres Lot
$-- Zestimate®
$219/sqft
$-- HOA
What's special
Existing fencingOne-bath homeMore than five acres
- 131 days
- 872
- 49
Zillow last checked:
Listing updated:
Listed by:
Illinois Valley Real Estate 541-592-4464
Source: Oregon Datashare,MLS#: 220220241
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- None
Cooling
- None
Features
- Flooring: Hardwood, Other
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 912
- Total interior livable area: 912 sqft
Property
Parking
- Parking features: Gravel
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5.56 Acres
Details
- Parcel number: R328866
- Zoning description: Wr; Woodlot Resource
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Cave Junction
Financial & listing details
- Price per square foot: $219/sqft
- Tax assessed value: $171,140
- Annual tax amount: $734
- Date on market: 4/28/2026
- Cumulative days on market: 131 days
- Listing terms: Cash,Owner Will Carry
Estimated market value
Not available
Estimated sales range
Not available
$1,551/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Pending sale | $200,000$219/sqft |
Source: | ||
| 6/15/2026 | Price change | $200,000-2.4%$219/sqft |
Source: | ||
| 4/28/2026 | Listed for sale | $205,000-8.9%$225/sqft |
Source: | ||
| 9/26/2025 | Listing removed | $225,000$247/sqft |
Source: | ||
| 7/31/2024 | Listed for sale | $225,000$247/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $735 +4.6% | $67,880 +3% |
| 2024 | $702 +12.9% | $65,900 +3% |
| 2023 | $622 +0.4% | $63,990 +0% |
| 2022 | $620 +1.1% | $63,970 +6.1% |
| 2021 | $613 | $60,320 +3% |
| 2020 | $613 +2.7% | $58,570 +3% |
| 2019 | $597 | $56,870 +3% |
| 2018 | $597 +1.9% | $55,220 +3% |
| 2017 | $586 +15.7% | $53,620 +3% |
| 2016 | $506 | $52,060 +3% |
| 2015 | $506 +4.3% | $50,550 +3% |
| 2014 | $486 +4.2% | $49,070 +3% |
| 2013 | $466 +2.7% | $47,660 +3% |
| 2012 | $454 +5.8% | $46,270 +3% |
| 2011 | $429 +1.4% | $44,930 +3% |
| 2010 | $423 +2.4% | $43,620 +3% |
| 2009 | $413 -4.2% | $42,350 +3% |
| 2008 | $431 +11% | $41,130 +3% |
| 2007 | $388 +3.5% | $39,930 +6% |
| 2005 | $375 +1.4% | $37,660 +3% |
| 2004 | $370 +44.6% | $36,560 +4.2% |
| 2003 | $256 | $35,100 +43.2% |
| 2002 | $256 +49.9% | $24,510 +3% |
| 2001 | $171 +9.9% | $23,800 |
| 2000 | $155 | $23,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97523
Nearby schools
Schools provided by the listing agent
- Elementary: Evergreen Elem
- Middle: Lorna Byrne Middle
- High: Illinois Valley High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





