$495,000
$50K PRICE DROP

20459 Highway 62 Shady Cove, OR 97539

Estimated payment $3,027/month

Total Views 8,524
3 Beds
3 Baths
1,736 Sq Ft
$285 Price per Sq Ft

Highlights

  • River View
  • Deck
  • Mud Room
  • 1.26 Acre Lot
  • Ranch Style House
  • No HOA

About This Home

Discover the potential of this rare 1.26-acre riverfront property on the famous Rogue River! Featuring a 1,400+ sq. ft. main home and a 320 sq. ft. detached apartment, this property is ideal for multi-generational living, a vacation retreat, or income-producing rentals. Both homes require repair, making this a perfect opportunity to design and create your dream riverfront estate. With the Rogue River quite literally in your backyard, you'll have direct access to world-class fishing, rafting, and breathtaking views. Enjoy the peaceful surroundings while still being just minutes from the charming town of Shady Cove and a short drive to Medford's amenities. Whether you're looking for an investment, a getaway, or a forever home, this property offers endless possibilities. Renovate to your vision and transform this unique riverside setting into a stunning retreat. Don't miss this chance to own a piece of Oregon paradise—opportunities like this on the Rogue River are rare!

Listing Agent

Alan DeVries

Cascade Hasson Sotheby's International Realty License #201209449 Listed on: 03/13/2025

Cascade Hasson Sotheby's International Realty

Co-Listing Agent

Dillon DeVries

Cascade Hasson Sotheby's International Realty License #201230622

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,802

Year Built

  • Built in 1974

Lot Details

  • 1.26 Acre Lot
  • River Front
  • Level Lot
  • Property is zoned R-1-20M, R-1-20M

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,736 Sq Ft Home
  • Wood Burning Fireplace
  • Mud Room
  • Family Room
  • River Views
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Additional Homes

  • 320 SF Accessory Dwelling Unit
  • Accessory Dwelling Unit (ADU)

Farming

  • 1 Irrigated Acre

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Heat Pump System
  • Irrigation Water Rights
  • Private Water Source
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10274531

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,802

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 1.26
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Subdivision Name: N/A
  • Year Built: 1974
  • Co List Office Mls Id: orSOT
  • Co List Office Phone: 541-323-4818
  • Co List Office Phone: 541-323-4818
  • MLS Status: Active
  • General Property Information:Zoning2: R-1-20M
  • General Property Information Senior Community YN: No
  • Sewer:Public Sewer: Yes
  • Utilities Natural Gas Available: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Water Source:Well: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • View:River: Yes
  • Other Structures Second Residence: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Flooring: Carpet, Laminate
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Other Rooms:Family Room2: Yes
  • Other Rooms:Mud Room: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Level
  • Roof: Composition
  • View: River
  • Waterfront Features: River Front
  • Horse: No
  • Waterfront: Yes
  • Patio And Porch Features: Deck, Patio
  • Lot Features:Level: Yes
  • Construction Materials:Frame: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Driveway
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Detached: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump, Wood
  • Sewer: Public Sewer
  • Water Source: Private, Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Wood: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 54885.6
  • Parcel #: 10274531
  • Irrigation Water Rights Acres: 1.26
  • Irrigation Water Rights: Yes
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1-20M
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4801.57
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,802 $398,290 $148,000 $250,290
2024 $4,802 $417,920 $150,400 $267,520
2023 $5,514 $459,400 $246,430 $212,970
2022 $5,365 $459,400 $246,430 $212,970
2021 $5,206 $446,020 $239,250 $206,770
2020 $5,610 $433,030 $232,280 $200,750
2019 $5,536 $408,180 $218,950 $189,230
2018 $5,506 $396,300 $212,580 $183,720
2017 $5,030 $396,300 $212,580 $183,720
2016 $4,833 $373,560 $200,380 $173,180
2015 $4,542 $360,340 $199,740 $160,600
2014 $4,461 $352,120 $188,880 $163,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Price Changed $495,000 -9.2% $285 / Sq Ft
03/13/2025 03/13/25 For Sale $545,000 -- $314 / Sq Ft
Source: Oregon Datashare

Purchase History

Date Type Sale Price Title Company
Warranty Deed $618,800 Ticor Title
Warranty Deed $400,000 First American
Bargain Sale Deed -- Lawyers Title Ins
Warranty Deed $250,000 Crater Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,025,000 Credit Line Revolving
Closed $500,000 Purchase Money Mortgage
Previous Owner $150,000 Seller Take Back
Source: Public Records

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Source: Oregon Datashare

MLS Number: 220197335

Oregon Datashare

APN: 10274531