Rare opportunity to own a stunning 2.8-acre waterfront homesite bordering the peaceful waters of Lester James Reservoir in Southern Oregon. This exceptional property offers the perfect blend of privacy, recreation, and ready-to-build convenience, with power, water, and sewer already in place for an easy path to your dream home. Enjoy breathtaking reservoir views, open skies, and the serenity of rural country living while still being within reach of amenities. The property includes valuable irrigation rights along with 10% ownership in two large reservoirs, creating a unique opportunity for hobby farming, gardening, livestock, or simply maintaining lush landscaping year-round. Whether you envision a custom estate, vacation retreat, or peaceful full-time residence, this rare waterfront parcel delivers the setting and infrastructure to bring your vision to life. Wake up to nature, enjoy endless outdoor recreation, and experience the lifestyle only So. Oregon waterfront living can provide.
Active
$426,000
11775 Michael Rd, Central Pt, OR 97502
--beds
0baths
2.82Acres
Residential Lots, Land
Built in ----
2.82 Acres Lot
$393,100 Zestimate®
$--/sqft
$50/mo HOA
What's special
Breathtaking reservoir viewsRare waterfront parcelOpen skies
- 1 day |
- 162 |
- 8 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Cascade Hasson Sotheby's International Realty 541-323-4818
Source: Oregon Datashare,MLS#: 220222306
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Fencing: Perimeter
- Has view: Yes
- View description: Lake, Mountain(s), Pond
- Has water view: Yes
- Water view: Lake,Pond
- Waterfront features: Pond, Waterfront, Lake Front
Lot
- Size: 2.82 Acres
- Features: Level, Water Feature
Details
- Additional structures: Storage, Workshop
- Parcel number: 10159148
- Zoning description: RR-5
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Tank, Standard Leach Field
- Water: Shared Well, Other
- Utilities for property: Electricity Available
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: Other
- HOA fee: $50 monthly
Location
- Region: Central Pt
Financial & listing details
- Annual tax amount: $1,398
- Date on market: 5/28/2026
- Listing terms: Cash,Conventional
- Has irrigation water rights: Yes
- Electric utility on property: Yes
Estimated market value
$393,100
$373,000 - $413,000
$2,131/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listed for sale | $426,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 97502
Nearby schools
GreatSchools rating
- 6/10Sams Valley Elementary SchoolGrades: K-5Distance: 0.7 mi
- 5/10Hanby Middle SchoolGrades: 6-8Distance: 6.6 mi
- 3/10Crater Renaissance AcademyGrades: 9-12Distance: 7.7 mi
Schools provided by the listing agent
- Elementary: Sams Valley Elem
- Middle: Hanby Middle
- High: Crater High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Oregon
- Jackson County
- Central Point
- 97502
- 11775 Michael Rd





