Esterly Lakes offers a beautiful 460 acres of private recreational land centered around an impressive 20-acre lake outside Cave Junction. Once part of a historic mining operation, the land today features generally gentle, rolling terrain with excellent accessibility and tremendous potential. The lake is tucked well within the property, creating a private waterfront setting with little visibility from neighboring lands. With three tax lots, substantial acreage, and forest zoning, the property offers potential for residential development, a private homestead, recreational retreat, or other outdoor-oriented uses subject to land-use approval. Enjoy room for livestock, gardens, trails, hunting, riding, and more, with direct access to extensive adjoining public lands. An existing shop structure provides useful storage while you bring your equipment, tools, and ideas to shape Esterly Lakes into your own Southern Oregon retreat.
Active
$949,000
4990 Waldo Rd, Cave Junction, OR 97523
--beds
0baths
460Acres
Recreational, Land
Built in ----
460 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Substantial acreageGenerally gentle rolling terrain
- 16 days
- 707
- 83
Zillow last checked:
Listing updated:
Listed by:
John L. Scott Medford Team@martinoutdoorproperties.com
Source: Oregon Datashare,MLS#: 220229788
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Property
Features
- Has view: Yes
- View description: Lake, Mountain(s), Territorial
- Has water view: Yes
- Water view: Lake
- Waterfront features: Waterfront, Lake Front
Lot
- Size: 460 Acres
- Features: Marketable Timber
Details
- Additional parcels included: R332378- TL 500 - 145.5 acres R332377- TL 400- 10 acres R3323772- TL 400- 68.9 acres
- Parcel number: R3323772
- Zoning description: FC
- Special conditions: Standard
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: None
Community & HOA
HOA
- Has HOA: No
Location
- Region: Cave Junction
Financial & listing details
- Annual tax amount: $2,274
- Date on market: 10/8/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2026 | Listed for sale | $949,000-65.7% |
Source: | ||
| 4/1/2026 | Listing removed | $2,770,000 |
Source: | ||
| 4/20/2025 | Listed for sale | $2,770,000 |
Source: | ||
| 3/1/2024 | Listing removed | $2,770,000 |
Source: | ||
| 3/16/2023 | Listed for sale | $2,770,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 97523
Nearby schools
Schools provided by the listing agent
- Elementary: Evergreen Elem
- Middle: Lorna Byrne Middle
- High: Illinois Valley High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







