Yes—it’s true! You can own a 3-bedroom, 2-bath home in Gladstone for under $500,000, and here it is. Tucked away at the end of a quiet cul-de-sac, this home offers both comfort and convenience, just minutes from shopping, dining, and I-205.Inside, the open great-room floor plan features a light-filled kitchen, dining, and family room with vaulted ceilings, an eating bar, and a cozy gas fireplace. Two bedrooms are located together, while the primary suite enjoys its own separate floor for added privacy. Fresh interior paint and brand-new carpet make this home truly move-in ready.Additional highlights include forced-air gas heat, central A/C, HardiPlank siding, a welcoming front porch, a low-maintenance yard, and a 2-car garage.
Sold
Zestimate®
$425,000
305 Edgewater Rd, Gladstone, OR 97027
3beds
1,440sqft
Residential, Single Family Residence
Built in 2005
-- sqft lot
$425,000 Zestimate®
$295/sqft
$2,631 Estimated rent
Home value
$425,000
$404,000 - $446,000
$2,631/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 19, 2025 at 01:24am
Listed by:
John McClung 503-807-5711,
Harcourts Real Estate Network Group,
Shannon Mesritz 971-500-1681,
Harcourts Real Estate Network Group
Bought with:
Diane McKean, 200610316
Envision Northwest Homes
Source: RMLS (OR),MLS#: 510472714
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Primary bedroom
- Features: Suite, Walkin Closet, Walkin Shower, Wallto Wall Carpet
- Level: Main
- Area: 182
- Dimensions: 14 x 13
Bedroom 2
- Features: Wallto Wall Carpet
- Level: Lower
Bedroom 3
- Features: Wallto Wall Carpet
- Level: Lower
Kitchen
- Features: Dishwasher, Eat Bar, Eating Area, Family Room Kitchen Combo, Kitchen Dining Room Combo, Living Room Dining Room Combo, Pantry, Free Standing Range, Free Standing Refrigerator, Laminate Flooring, Vaulted Ceiling
- Level: Upper
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Range, Free-Standing Refrigerator, Range Hood, Gas Water Heater
- Laundry: Laundry Room
Features
- High Ceilings, Vaulted Ceiling(s), Eat Bar, Eat-in Kitchen, Family Room Kitchen Combo, Kitchen Dining Room Combo, Living Room Dining Room Combo, Pantry, Suite, Walk-In Closet(s), Walkin Shower
- Flooring: Laminate, Wall to Wall Carpet
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 1,440
- Total interior livable area: 1,440 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, On Street, Garage Door Opener, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Has view: Yes
- View description: Park/Greenbelt, Seasonal, Trees/Woods
Lot
- Features: Cul-De-Sac, Greenbelt, Private, Seasonal, Wooded, SqFt 7000 to 9999
Details
- Parcel number: 05002356
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding, Lap Siding, Shingle Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2005
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Gladstone
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2025 | Sold | $425,000-5.5%$295/sqft |
Source:  RMLS (OR) #510472714 | ||
| 11/4/2025 | Pending sale | $449,900$312/sqft |
Source: RMLS (OR) #510472714 | ||
| 10/30/2025 | Price change | $449,900-4.3%$312/sqft |
Source: RMLS (OR) #510472714 | ||
| 10/9/2025 | Price change | $469,900-3.9%$326/sqft |
Source: RMLS (OR) #510472714 | ||
| 9/26/2025 | Listed for sale | $489,000+127.4%$340/sqft |
Source: RMLS (OR) #510472714 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,543 +3.3% | $225,132 +3% |
| 2023 | $4,396 +4.1% | $218,575 +3% |
| 2022 | $4,225 +3.8% | $212,209 +3% |
Find assessor info on the county website
Neighborhood: 97027
Nearby schools
GreatSchools rating
- 6/10John Wetten Elementary SchoolGrades: 1-5Distance: 0.7 mi
- 7/10Walter L Kraxberger Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10Gladstone High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: John Wetten
- Middle: Kraxberger
- High: Gladstone
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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Estimated market value
$425,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$425,000