This one has it all! Views, creek, pond, field, forest, privacy, fruit trees, wildlife, fish, berries…The list is too long! Approximately 83 acres of timberland and pasture with potential to build a home. There is an existing residence that was in place before the zoning regulations that can possibly continue to be used residentially. The Seller is applying for verification of replacement rights. There is power on-site. The residence has been spring fed since around 1920 however, a well was drilled in 2025 at a depth of 193' with a flow of ~35gpm. There is an older septic system with no known issues. The property was logged in the winter of 2019 and replanted with Doug-fir in the spring of 2021 that is now about 6 years old. Solid rocked road system provides great access throughout. The average soil site index is 119, ranging from 110 to 132. Great tree growing ground and close to multiple mills! It is located about 14 miles to Veneta and 24 miles to Eugene and a short 45-minute drive to the coast of Florence. There are 2 perennial streams, multiple seasonal streams and 1 spring pond. There is about 4 acres of field/meadows surrounding the home site and across the county road, along with scattered fruit trees throughout, including apple and pear. There are lots of wild berries and mushrooms for foraging in this area. The pasture could be extended to include underneath the powerlines with some brush rehab and planting grass seed. The powerline right of way is 13± acres in size. This property is surrounded by BLM to the east and south with state lands to the north. Your neighbors also include lots of deer, turkey, grouse, black bear, bobcat, cougar, fox and elk. The topography is mostly south facing gentle slopes to sloping ground with a few steeper areas also. Elevation ranges from 500' to 960'. The majority of the property is in the small tract forestland deferral program which keeps property taxes low. Shown by appointment only with a Broker. No seller-financing.
Active
$499,500
21087 Penn Rd #Tl500, Walton, OR 97490
--beds
0baths
83.66Acres
Unimproved Land
Built in ----
83.66 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Multiple seasonal streamsFruit trees
- 11 hours |
- 150 |
- 14 |
Zillow last checked: 8 hours ago
Listing updated: January 26, 2026 at 09:04am
Listed by:
Lauren Read 541-206-9248,
Made Out West Land Company, LLC
Source: RMLS (OR),MLS#: 194647613
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Mountain(s), Territorial, Trees/Woods
- Waterfront features: Creek, Pond, Stream
- Body of water: Creek, Stream & Pond
Lot
- Size: 83.66 Acres
- Features: Gated, Pasture, Reproduced Timber, Wooded, Gentle Sloping, Level, Sloped, Steep Slope, Acres 50 to 100
Details
- Additional structures: Existing Structures, MobileHome, Shed
- Additional parcels included: 1230885,4151260
- Parcel number: 0757383
- Zoning: F1
Utilities & green energy
- Sewer: Standard Septic
- Water: Well
- Utilities for property: Electricity Connected, Phone Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Walton
Financial & listing details
- Annual tax amount: $1,162
- Date on market: 1/26/2026
- Listing terms: Cash,Farm Credit Service
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2026 | Listed for sale | $499,500 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 97490
Nearby schools
GreatSchools rating
- 4/10Elmira Elementary SchoolGrades: K-5Distance: 7.9 mi
- 6/10Fern Ridge Middle SchoolGrades: 6-8Distance: 7.9 mi
- 5/10Elmira High SchoolGrades: 9-12Distance: 7.7 mi
Schools provided by the listing agent
- Elementary: Elmira
- Middle: Fern Ridge
- High: Elmira
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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