$939,000
$61K PRICE DROP

38742 Scravel Hill Rd NE Albany, OR 97322

Estimated payment $5,685/month

Total Views 11,662
5 Beds
2 Baths
2,705 Sq Ft
$347 Price per Sq Ft

Highlights

  • RV Access or Parking
  • 11.58 Acre Lot
  • No HOA
  • Waterfront
  • Wood Burning Stove
  • 4 Car Detached Garage

About This Home

Welcome to a rare gem in the Mid-Willamette Valley! This stunning 12-acre property offers rolling hills, fertile soil, and no flood zone per FEMA, with easy I-5 access. Currently operating as an equine training facility, it boasts a 3/8-mile sanded training track, a four-horse starting gate, a 100-foot and 60-foot sanded round pen, a 200-foot sanded arena, a warm water wash rack, and a laundry center. Designed for both personal and business use, the property features 33 horse stalls and 12 storage rooms, providing significant income potential through boarding, training, and rental opportunities. The spacious barn with dog kennels and a separate goat barn further expands revenue streams for animal care or additional leasing options. For those seeking extra income, the property includes a 30x50 loft, an RV pad with its own septic system, and multiple storage units—ideal for renting out or utilizing for business operations. Beyond its equestrian and agricultural amenities, this property offers a beachfront natural swim pond with waterfalls and a fountain, creating a serene retreat for relaxation or events. The outdoor entertaining area, abundant fruit and nut trees (apple, pear, plum, hazelnut, and two types of grapes), two chicken coops, and a large fenced garden make this a true homesteader’s paradise. The property is also dividable into a 5-acre lot, offering flexibility for future development or multi-generational living. Whether you're looking for a premier equestrian facility, a profitable boarding/training operation, a hobby farm, or a peaceful countryside retreat, this unique property offers both lifestyle and investment opportunities. Don’t miss out on this exceptional find!

Listing Agent

DANIEL RAMIREZ

eXp Realty LLC License #201245241 Listed on: 03/27/2025

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,989

Year Built

  • Built in 1920

Lot Details

  • 11.58 Acre Lot
  • Waterfront
  • Property is zoned RR-5

Parking

  • 4 Car Detached Garage
  • Carport
  • Driveway
  • RV Access or Parking

Interior Spaces

  • 2,705 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Waverly Elementary School
  • Timber Ridge Middle School
  • South Albany High School

Utilities

  • No Cooling
  • No Heating
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0841693

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,989

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1920
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Stove, WoodBurning
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres10to20
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Other
  • Lot Size: 10 to 19.99 Acres
  • Waterfront: Yes
  • R V Description: RVHookup,RVParking,RVBoatStorage
  • View: No
  • Road Surface Type: Gravel
  • Waterfront Features: Other
  • Disclosures: Disclosure
  • Home Warranty: No

Garage/Parking

  • Garage Type: Detached
  • Parking Description: Carport, Driveway
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Other
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: SepticTank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Waverly
  • High School: South Albany
  • Middle Or Junior School: Timber Ridge

Lot Info

  • Zoning: RR-5
  • Land Lease: No
  • Lot Size Acres: 11.58
  • Lot Size Sq Ft: 504424.0
  • Parcel #: 0841693

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 5988.54

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
2024 $5,989 $424,430 -- --
2023 $5,640 $412,070 $0 $0
2022 $5,585 $400,070 $0 $0
2021 $5,181 $388,420 $0 $0
2020 $5,141 $377,110 $0 $0
2019 $5,032 $366,130 $0 $0
2018 $4,807 $355,470 $0 $0
2017 $4,665 $345,120 $0 $0
2016 $4,260 $335,070 $0 $0
2015 $4,205 $325,320 $0 $0
2014 $4,056 $315,850 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $939,000 -6.1% $347 / Sq Ft
03/27/2025 03/27/25 For Sale $1,000,000 -- $370 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 774139369

Regional Multiple Listing Service (RMLS)

APN: 0841693