$1,599,000
$196K PRICE DROP

3940 NW Owl Dr Forest Grove, OR 97116

Estimated payment $8,880/month

Total Views 23,371
3 Beds
2.5 Baths
3,009 Sq Ft
$531 Price per Sq Ft

Highlights

  • Basketball Court
  • RV Access or Parking
  • Built-In Refrigerator
  • Spa
  • View of Trees or Woods
  • 21.23 Acre Lot

About This Home

21+ acres of majestic land surrounds this idyllic country retreat with walking paths, creek and large open areas. The main house overlooks the beautiful meadow and surrounding forest perfectly situated for southern sun. Arched wood beam ceilings, oversized windows and extensive 20 foot+ covered areas around the home offer year round outdoor enjoyment. Private drive up to the home and pass through driveway back to Owl Dr. Mature gardens with drip lines, EV charging setup and a like new swim spa under cover. Gourmet kitchen with top of the line appliances, island with cooktop and eating bar, and butcher block counter top. Large living room with oversized windows, wood fireplace and office nook. Enormous upstairs primary suite with sitting area, expansive walk-in closet, ceiling fan, and private oversized deck with multiple ceiling fans. Finished downstairs entertainment room with pool table, built-ins, extensive storage areas with shelving and racks, shop area, and exterior door. Hydroponic floor heating. 5,000 gallon water tank. Guest house features arched beamed ceilings, wood trim throughout, oversized south facing windows and full bath. Full shop with lighting, power and oversized garage door. Fenced pickleball court with basketball hoop and seating area. Multiple garden areas and incredible stone waterfall feature. Truly a magnificent escape just minutes from town.

Listing Agent

Joe Reitzug

Cascade Hasson Sotheby's International Realty License #950400021 Listed on: 03/04/2025

Co-Listing Agent

Makayla Mast

Cascade Hasson Sotheby's International Realty License #201240663

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,314

Year Built

  • Built in 1939

Lot Details

  • 21.23 Acre Lot
  • Property fronts a private road
  • Creek or Stream
  • Secluded Lot
  • Wooded Lot
  • Private Yard
  • Garden
  • Property is zoned AF-20

Property Views

  • Woods
  • Creek or Stream
  • Seasonal

Home Design

  • Cabin
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,009 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Workshop
  • Security Lights

Kitchen

  • Built-In Oven
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Cooking Island
  • Kitchen Island
  • Marble Countertops

Flooring

  • Engineered Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • Carport
  • Oversized Parking
  • Workshop in Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Basketball Court
  • Covered Patio or Porch
  • Outdoor Water Feature
  • Separate Outdoor Workshop

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Cornelius Elementary School
  • Neil Armstrong Middle School
  • Forest Grove High School

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Heating System Uses Propane
  • Mini Split Heat Pump
  • Well
  • Propane Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Electric Vehicle Charging Station

Listing and Financial Details

  • Assessor Parcel Number R773470

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,314

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1939
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Lodge
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • OtherStructuresFeatures1: Volts220,SecurityLights,Workshop
  • OtherStructuresRoof1: Metal
  • OtherStructuresType1: Workshop
  • Room 10 Features: BeamedCeilings,BuiltinFeatures
  • Room 11 Features: BuiltinFeatures,BuiltinRange,BuiltinRefrigerator,CookIsland,Dishwasher,EatBar,EatingArea,GardenWindow,GourmetKitchen,HardwoodFloors,Pantry
  • Room 12 Features: CeilingFan,Fireplace,Nook
  • Room 13 Features: BuiltinFeatures,CeilingFan,Deck
  • Room 7 Features: HardwoodFloors
  • Room 8 Features: HardwoodFloors
  • Room 9 Features: BeamedCeilings,KitchenDiningRoomCombo
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 2.1
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, EngineeredHardwood, HardwoodFloors, HighCeilings, Laundry, TileFloor, VaultedCeiling, WasherDryer, WoodFloors
  • Room 4 Description: Laundry
  • Room 4 Level: Main
  • Room 5 Description: MudRoom
  • Room 5 Features: ExteriorEntry
  • Room 5 Level: Main
  • Room 6 Description: Workshop
  • Room 6 Features: ExteriorEntry
  • Room 6 Level: Lower
  • Basement: FullBasement, PartiallyFinished, StorageSpace
  • Appliances: BuiltinOven, BuiltinRefrigerator, CookIsland, Dishwasher, Island, Marble, Pantry, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.1
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: Acres20to50
  • OtherStructuresBathsTotal: 0.00
  • Other Room10 Area: 400
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 49
  • Fifth Bedroom Area: 78
  • Bedroom 6 Area: 84
  • Bedroom 7 Area: 209
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 182
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Other Room9 Area: 323
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: AccessoryDwellingUnit, BasketballCourt, CoveredPatio, Garden, PrivateRoad, RVParking, SecurityLights, Spa, WaterFeature, Workshop, Yard
  • Lot Size: 20 to 49.99 Acres
  • R V Description: RVParking
  • View: Yes
  • Lot Features: PrivateRoad, Secluded, Stream, Wooded
  • Road Surface Type: Gravel, Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Metal
  • View: CreekStream,Seasonal,TreesWoods

Garage/Parking

  • Garage Type: Carport,Oversized
  • Parking Description: Covered, EVReady
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity,Propane
  • Hot Water: Propane
  • Internet Service Type: Satellite
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: ForcedAir, HydronicFloor, MiniSplit
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Cornelius
  • High School: Forest Grove
  • Middle Or Junior School: Neil Armstrong

Lot Info

  • Zoning: AF-20
  • Land Lease: No
  • Lot Size Acres: 21.23
  • Lot Size Sq Ft: 924778.0
  • Parcel #: R773470

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: Yes
  • Tax Year: 2024
  • Tax Annual Amount: 4314.4

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 $4,314 $324,430 -- --
2024 $4,153 $315,160 -- --
2023 $4,153 $306,060 $0 $0
2022 $3,586 $306,060 $0 $0
2021 $3,563 $288,780 $0 $0
2020 $3,573 $280,490 $0 $0
2019 $3,485 $272,450 $0 $0
2018 $3,427 $264,640 $0 $0
2017 $3,337 $257,050 $0 $0
2016 $3,249 $249,700 $0 $0
2015 $3,034 $242,550 $0 $0
2014 $3,024 $235,610 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $1,599,000 -5.7% $531 / Sq Ft
04/21/2025 04/21/25 Price Changed $1,695,000 -5.6% $563 / Sq Ft
03/04/2025 03/04/25 For Sale $1,795,000 -- $597 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- New Title Company Name
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24562907

Regional Multiple Listing Service (RMLS)

APN: R0773470