Active

Price cut: $352K (5/4)

$1,998,000

2871 Cobleigh Rd, Eagle Point, OR 97524

3beds

5baths

4,763sqft

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Single Family Residence

Built in 1981

40 Acres Lot

$-- Zestimate^®

$419/sqft

$-- HOA

What's special

Stone fireplaceGuest accommodationsNewly finished poolWalls of glass

5 PARCELS INCLUDED - An opportunity to own property like this is almost never seen! Set above BIG BUTTE CREEK with more than 1,200ft OF LIVE WATER frontage, this 40-acre estate is bordered on 3 sides by over 7,000 ACRES OF PUBLIC LAND, creating an unmatched sense of privacy and access to recreation. The residence blends modern design with Northwest lodge character, centered on a dramatic great room with soaring ceilings, walls of glass, and a stone fireplace overlooking the creek and evergreens. The master suite is a private retreat with vaulted ceilings, dual baths, and patios perched above the water, while guest accommodations provide comfort for family and friends. Outdoor living is equally inviting with patios, decks, a newly finished pool, and a one HALF-ACRE POND with dock and pond house. Trails, gardens, and the surrounding public land extend opportunities for hunting, hiking, horseback riding, and YEAR-ROUND ADVENTURE on this ONE-OF-A-KIND SANCTUARY!

327 days

996

109

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 5

Heating

Fireplace(s), Electric, Heat Pump

Cooling

Heat Pump, Zoned

Appliances

Included: Dishwasher, Dryer, Oven, Range, Range Hood, Refrigerator, Washer, Water Heater, Water Purifier, Water Softener

Features

Built-in Features, Ceiling Fan(s), Double Vanity, Dry Bar, Enclosed Toilet(s), Granite Counters, Kitchen Island, Linen Closet, Open Floorplan, Pantry, Primary Downstairs, Soaking Tub, Tile Counters, Tile Shower, Vaulted Ceiling(s), Walk-In Closet(s)
Flooring: Carpet, Concrete, Laminate
Windows: Wood Frames
Basement: None
Has fireplace: Yes
Fireplace features: Family Room, Insert, Primary Bedroom, Wood Burning
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 4,763
Total interior livable area: 4,763 sqft

Property

Parking

Total spaces: 3
Parking features: Detached, Detached Carport, Garage Door Opener, Gated, Gravel, RV Access/Parking, RV Garage, Workshop in Garage
Garage spaces: 3
Has carport: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Covered Deck, Patio, Porch, Rear Porch, Screened
Exterior features: Courtyard, Fire Pit
Has private pool: Yes
Pool features: In Ground, Outdoor Pool
Spa features: Spa/Hot Tub
Fencing: Fenced
Has view: Yes
View description: Creek/Stream, Mountain(s), Pond, Territorial
Has water view: Yes
Water view: Creek/Stream,Pond
Waterfront features: Pond, Creek, Waterfront

Lot

Size: 40 Acres
Features: Adjoins Public Lands, Garden, Landscaped, Level, Marketable Timber, Native Plants, Pasture, Sloped, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear, Wooded

Details

Additional structures: Greenhouse, RV/Boat Storage, Second Garage, Shed(s), Storage, Workshop
Additional parcels included: 10538331, 10538340, 10538364, 10538372
Parcel number: 10538356
Zoning description: WR
Special conditions: Standard
Horses can be raised: Yes

Construction

Type & style

Home type: SingleFamily
Architectural style: Chalet,Contemporary,Northwest
Property subtype: Single Family Residence

Materials

Frame
Foundation: Slab
Roof: Metal

Condition

New construction: No
Year built: 1981

Utilities & green energy

Sewer: Sand Filter, Septic Tank
Water: Cistern, Well

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s)

HOA

Has HOA: No

Location

Region: Eagle Point

Financial & listing details

Price per square foot: $419/sqft
Tax assessed value: $822,970
Annual tax amount: $8,827
Date on market: 8/28/2025
Cumulative days on market: 327 days
Listing terms: Cash,Conventional
Inclusions: Call LA
Exclusions: Call LA
Road surface type: Gravel

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/4/2026	Price change	$1,998,000-15%$419/sqft
Source: Oregon Datashare #220208436 Report a problem
8/28/2025	Listed for sale	$2,350,000+47%$493/sqft
Source: Oregon Datashare #220208436 Report a problem
7/28/2017	Listing removed	$1,599,000$336/sqft
Source: Land and Wildlife #4979 Report a problem
5/4/2017	Listed for sale	$1,599,000$336/sqft
Source: Land and Wildlife #4979 Report a problem
8/4/2016	Listing removed	$1,599,000$336/sqft
Source: Land and Wildlife #4979 Report a problem
2/18/2016	Listed for sale	$1,599,000+1.5%$336/sqft
Source: Land and Wildlife #4979 Report a problem
11/18/2015	Listing removed	$1,575,000$331/sqft
Source: RE/MAX Ideal Brokers, Inc. #2944062 Report a problem
6/11/2015	Price change	$1,575,000-10%$331/sqft
Source: RE/MAX Ideal Brokers, Inc. #2944062 Report a problem
2/11/2015	Price change	$1,750,000-10.3%$367/sqft
Source: RE/MAX Ideal Brokers, Inc. #2944062 Report a problem
6/20/2014	Price change	$1,950,000-11.4%$409/sqft
Source: RE/MAX Ideal Brokers, Inc. #2944062 Report a problem
2/4/2014	Listed for sale	$2,200,000+386.7%$462/sqft
Source: RE/MAX Ideal Brokers Medford, Inc. #2944062 Report a problem
1/14/1991	Sold	$452,000$95/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2015	$6,378 +6.6%	$770,250 +3%
2014	$5,980 +17%	$747,820 +9.1%
2013	$5,112 +12.9%	$685,590 +13%
2012	$4,527 -6.7%	$606,450 -6.8%
2011	$4,853 -11.8%	$650,820 -10.2%
2010	$5,500 -5.8%	$724,970 -1.5%
2009	$5,841 +2.8%	$736,040 +3%
2008	$5,681 +1.3%	$714,610 +3%
2007	$5,609	$693,800

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 97524

Getting around

0 / 100

Car-Dependent

5 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

1/10
Butte Falls Charter School
Grades: K-12Distance: 3.9 mi

Schools provided by the listing agent

Middle: Eagle Point Middle
High: Eagle Point High

Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.