Discover the perfect blend of space, convenience, and potential on this 5.15-acre wooded property. Equipped with well, septic, and power, this land is ready for your vision. An older home sits on the property, offering the possibility of remodel permits instead of new construction—buyer to verify.
The highlight is a huge metal shop(40 by100) with a roll-up door, providing ample storage or workspace. With plenty of room for horses, a small urban farm, or simply enjoying the open space, this property is ideal for those looking to create their dream homestead.
Live comfortably in an RV while you build—everything is in place to make your transition seamless. Don't miss this incredible opportunity to own a prime piece of land with endless possibilities!
Closed
$255,000
501 Verde Ln, Merlin, OR 97532
2beds
1baths
1,248sqft
Single Family Residence
Built in 1971
5.15 Acres Lot
$251,800 Zestimate®
$204/sqft
$1,648 Estimated rent
Home value
$251,800
$219,000 - $290,000
$1,648/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 02, 2025 at 03:27am
Listed by:
eXp Realty, LLC 888-814-9613
Bought with:
eXp Realty, LLC
Source: Oregon Datashare,MLS#: 220195623
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- None
Cooling
- None
Features
- Flooring: None
- Windows: Aluminum Frames
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,248
- Total interior livable area: 1,248 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Gravel, RV Access/Parking, Storage, Workshop in Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Fencing: Fenced
- Has view: Yes
- View description: Mountain(s), Territorial
Lot
- Size: 5.15 Acres
- Features: Level, Pasture, Wooded
Details
- Additional structures: Shed(s), Workshop
- Parcel number: R303128
- Zoning description: RR2.5
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Ranch
- Property subtype: Single Family Residence
Materials
- Block, Frame
- Foundation: Block, Concrete Perimeter, Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Private Sewer
- Water: Well
Community & neighborhood
Location
- Region: Merlin
Other
Other facts
- Listing terms: Cash
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2025 | Sold | $255,000$204/sqft |
Source:  Oregon Datashare #220195623 | ||
| 4/23/2025 | Pending sale | $255,000$204/sqft |
Source: Oregon Datashare #220195623 | ||
| 4/10/2025 | Price change | $255,000-3.8%$204/sqft |
Source: Oregon Datashare #220195623 | ||
| 2/8/2025 | Listed for sale | $265,000+181.9%$212/sqft |
Source: Oregon Datashare #220195623 | ||
| 1/9/2015 | Sold | $94,000$75/sqft |
Source: Oregon Datashare #102951812 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,699 +18.3% | $225,080 +3% |
| 2023 | $1,437 +2.2% | $218,530 |
| 2022 | $1,406 +41.6% | $218,530 +6.1% |
Find assessor info on the county website
Neighborhood: 97532
Nearby schools
GreatSchools rating
- 8/10Manzanita Elementary SchoolGrades: K-5Distance: 2.8 mi
- 6/10Fleming Middle SchoolGrades: 6-8Distance: 3.1 mi
- 6/10North Valley High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Manzanita Elem
- Middle: Fleming Middle
- High: North 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.
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