***Price Improvement***. Versatile 16+ acre property near Albany. 3BD/3BA home features dual primary suites—ideal for multi-gen living—plus sep. office w/ext. entry. Large kitchen with two pantries. Includes large shop, barn & mostly level land for ag, animals, or farm. Room to grow, live, or invest! The thoughtful layout includes a dedicated home office with its own outside entrance, ideal for remote work or a private client-facing business.
Sold for $1,283,205 on 09/12/25
Listed by:
QUINTON HAMEL 541-979-9190,
Northbridge Realty
Bought with: Non-Member Sale
$1,283,205
3918 Three Lakes Rd SE, Albany, OR 97322
3beds
2,754sqft
Single Family Residence
Built in 2002
16.78 Acres Lot
$1,289,300 Zestimate®
$466/sqft
$3,254 Estimated rent
Home value
$1,289,300
$1.17M - $1.42M
$3,254/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 12, 2025 at 03:51pm
Listed by:
QUINTON HAMEL 541-979-9190,
Northbridge Realty
Bought with:
Unrepresented Buyer
Non-Member Sale
Source: WVMLS,MLS#: 829946
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Main
Dining room
- Features: Formal
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher
Features
- Office
- Flooring: Carpet, Vinyl
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 2,754
- Total interior livable area: 2,754 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Territorial
Lot
- Size: 16.78 Acres
- Features: Landscaped
Details
- Additional structures: Barn(s), Workshop
- Parcel number: 00112272
- Zoning: UGA/UGM-20
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Albany
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan,FHA,USDA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2025 | Sold | $1,283,205-4.9%$466/sqft |
Source:  WVMLS #829946 | ||
| 9/1/2025 | Contingent | $1,350,000$490/sqft |
Source: WVMLS #829946 | ||
| 7/24/2025 | Price change | $1,350,000-22.9%$490/sqft |
Source: WVMLS #829946 | ||
| 6/23/2025 | Listed for sale | $1,750,000+2943.5%$635/sqft |
Source: WVMLS #829946 | ||
| 12/3/2015 | Sold | $57,500$21/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,018 +2.9% | $489,550 +3% |
| 2023 | $6,818 +1.3% | $475,300 +3% |
| 2022 | $6,732 +7.6% | $461,460 +3% |
Find assessor info on the county website
Neighborhood: 97322
Nearby schools
GreatSchools rating
- 8/10Timber Ridge SchoolGrades: 3-8Distance: 2.8 mi
- 7/10South Albany High SchoolGrades: 9-12Distance: 1 mi
- 6/10Meadow Ridge Elementary SchoolGrades: K-3Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Meadow Ridge
- Middle: Timber Ridge
- High: South Albany
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$1,289,300
2% more+ $25,786
With Zillow Showcase(estimated)
$1,315,086