Welcome to this exceptional Oregon City acreage property with many upgrades and improvements! Set on 3.14 acres, this 4-bedroom, 2.5-bath home offers privacy, flexibility, and an incredible list of features for those looking for space both inside and out.The home has been thoughtfully improved with a 12.9 kW solar system with battery backup, a newer HVAC/heat pump system, and two mini-splits with a transferable lifetime warranty. The solar system helps keep utility costs impressively low. Appliances stay, and the kitchen offers a convenient pantry. A woodstove adds warmth and character. The property is ideal for hobbies, animals, and outdoor living. Enjoy a sealed deck, indoor/outdoor surround sound, pond, cherry tree, new shed with power, wood storage, barn, horse stall, and additional outbuildings for toys and equipment. The barn features extra rooms offering versatile space for storage, hobbies, a workshop, or other uses, along with a new electrical panel and a newer roof installed in 2024. The main home roof was replaced in 2018. Additional improvements include a new water treatment system with filters changed every three month and a septic system that was pumped and inspected in March. The property also offers RV parking with a septic connection behind the parking area that could potentially be converted to an RV hookup.The flexible layout provides dual-living potential, with an additional laundry hookup downstairs, making this property ideal for extended family, guests, or those wanting separate living spaces. With acreage, established improvements, abundant storage, versatile barn space, and room for animals and recreational equipment, this property offers an incredible opportunity to enjoy the best of country living while remaining close to Oregon City amenities. Extensive upgrades, usable acreage, exceptional outbuildings, and endless flexibility—come see all this property has to offer!
Active
$989,900
22479 S Penman Rd, Oregon City, OR 97045
4beds
2,440sqft
Residential, Single Family Residence
Built in 1973
3.14 Acres Lot
$-- Zestimate®
$406/sqft
$-- HOA
What's special
Usable acreageVersatile barn spaceSealed deckExceptional outbuildingsAbundant storageWood storageNew shed with power
- 29 days
- 1,299
- 63
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Emily Hales 503-502-9858,
MORE Realty
Source: RMLS (OR),MLS#: 541748866
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 4, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Lower
Bedroom 4
- Level: Lower
Dining room
- Level: Main
Family room
- Level: Lower
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Heat Pump, Mini Split, Wood Stove
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave, Washer/Dryer, Electric Water Heater
Features
- Pantry, Tile
- Flooring: Wall to Wall Carpet, Wood
- Basement: Daylight,Exterior Entry,Full
- Number of fireplaces: 2
- Fireplace features: Stove, Wood Burning
Interior area
- Total structure area: 2,440
- Total interior livable area: 2,440 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Driveway, RV Access/Parking, Garage Door Opener, Attached, Detached
- Attached garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Stories: 3
- Patio & porch: Covered Patio, Deck, Patio
- Exterior features: Yard
- Has view: Yes
- View description: Pond, Trees/Woods
- Has water view: Yes
- Water view: Pond
- Waterfront features: Pond
Lot
- Size: 3.14 Acres
- Features: Cleared, Level, Acres 3 to 5
Details
- Additional structures: Barn, RVParking, SecondGarage, Workshop
- Parcel number: 00900243
- Zoning: FF10
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Metal Siding
- Foundation: Slab, Stem Wall
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Oregon City
Financial & listing details
- Price per square foot: $406/sqft
- Tax assessed value: $991,892
- Annual tax amount: $6,495
- Date on market: 8/11/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Listed for sale | $989,900+29.7%$406/sqft |
Source: | ||
| 7/8/2024 | Sold | $763,000-2.2%$313/sqft |
Source: | ||
| 6/7/2024 | Pending sale | $779,900$320/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,496 +2.9% | $453,933 +3% |
| 2024 | $6,316 +2.3% | $440,712 +3% |
| 2023 | $6,175 +6.9% | $427,876 +3% |
| 2022 | $5,775 +4.1% | $415,414 +3% |
| 2021 | $5,550 +1.5% | $403,315 +3% |
| 2020 | $5,466 +5.5% | $391,568 +3% |
| 2019 | $5,180 +2.1% | $380,164 +3% |
| 2018 | $5,073 | $369,091 +3% |
| 2017 | $5,073 +6.2% | $358,341 +3% |
| 2016 | $4,779 | $347,904 +3% |
| 2015 | $4,779 +3.7% | $337,771 +3% |
| 2014 | $4,609 +5.8% | $327,933 +3% |
| 2013 | $4,357 +3.3% | $318,382 +3% |
| 2012 | $4,216 +2.5% | $309,109 +3% |
| 2011 | $4,114 +2.8% | $300,106 +3% |
| 2010 | $4,002 +2.6% | $291,365 +3% |
| 2009 | $3,902 +9% | $282,879 +3% |
| 2008 | $3,581 +2.2% | $274,640 +3% |
| 2007 | $3,503 +3.6% | $266,641 +3% |
| 2006 | $3,382 -1.3% | $258,875 +3% |
| 2005 | $3,428 +1.1% | $251,335 +3% |
| 2004 | $3,389 +3% | $244,015 +3% |
| 2003 | $3,290 +3.9% | $236,908 +3% |
| 2002 | $3,167 +2% | $230,008 +3% |
| 2001 | $3,105 +3.9% | $223,309 +3% |
| 2000 | $2,987 | $216,805 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97045
Nearby schools
Schools provided by the listing agent
- Elementary: Carus
- Middle: Baker Prairie
- High: Canby
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








