$545000
3 Bed
2 Bath
1466 SqFt
38 DOM
Built: 1948
Status: Active
Positioned in the heart of the Pacific Northwest, this fully developed, income-producing property offers a rare opportunity for investors and owner-occupied buyers alike.Set on nearly half an acre, the property includes a beautifully remodeled primary residence alongside a professionally built, private yurt; creating two distinct revenue-generating accommodations within a single property.The main home has been fully remodeled with a balance of natural textures and modern comfort. Inside, you’ll find warm wood tones, live-edge white oak countertops, and clean, updated finishes throughout. The kitchen blends form and function with stainless steel appliances and a farmhouse sink, while the bathrooms offer a spa-like experience—complete with cedar accents, a soaking tub, and a striking white onyx sink. A personal sauna and dedicated soundproof space add to the sense of retreatThe detached 450 sq ft yurt, crafted by Pacific Yurts, operates as a highly desirable standalone rental. Recently remodeled, it offers heated LVP flooring, custom cabinetry, butcher block counters, a copper sink, kitchenette, on-demand hot water, and a private soaking tub. Its separate parking and secluded deck ensure privacy for guests, maximizing occupancy potential.From 2021–2024, the property operated successfully as a dual-listing short-term rental, generating up to $6,000/month in peak season and averaging $3,497/month annually. With over 200 reviews, the established Airbnb presence, allowing for a seamless continuation of operations.Beyond its income potential, the grounds have been curated as a private retreat, featuring mature fruit trees (pear, apple, cherry, plum, elderberry), a terraced garden, retrofit pond, and multiple outbuildings, enhancing both guest appeal and long-term property value.Whether envisioned as a peaceful full-time residence or a weekend escape, this property has been intentionally designed to embracing everything that makes the Pacific Northwest so special.
Listing Provided Courtesy of River Molyneaux, Windermere RE Lane County
323004359
SingleFamilyResidence
38 DOM
3
0.44 acres
2
1466
1948
RR5
Lane
0916583
Harrison
Lincoln
Cottage Grove
Residential
SingleFamilyResidence
TL #20-03-33-41-03001.
Listing Provided Courtesy of River Molyneaux, Windermere RE Lane County
PDXA1 Realty Group data last checked: May 01, 2026 14:05 | Listing last modified Apr 27, 2026 13:04,
Source:
0
1016
0
1466
RLID
1016
3
2
0
2
Composition
Stories1,Ranch
Driveway,OffStreet
1
1948
No
T111Siding
CrawlSpace
CrawlSpace
Block
DoublePaneWindows
FreeStandingRange, FreeStandingRefrigerator, RangeHood, StainlessSteelAppliance, WaterPurifier
Laundry, SoakingTub, WasherDryer, WaterPurifier
CoveredDeck, CoveredPatio, Porch, ToolShed, Yard
AccessibleApproachwithRamp, NaturalLighting
WindowUnit
Electricity
WallHeater
SepticTank
Electricity
Electricity
2238.27
0
Cash,Conventional,FHA,Other,VALoan
03-20-2026
3200
No
No
38
42
Cash,Conventional,FHA,Other,VALoan
$545,000
$545,000
Apr 27, 2026 13:04
Listing courtesy of Windermere RE Lane County.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: May 01, 2026 14:05 | Listing last modified Apr 27, 2026 13:04.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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