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  • Price cut: $5K (7/9)
    $995,000

    7420 N Applegate Rd, Grants Pass, OR 97527

    5beds
    3baths
    4,851sqft
    : 
    Single Family Residence
    Built in 1970
    3.24 Acres Lot
    $963,900 Zestimate®
    $205/sqft
    $-- HOA

    What's special

    Abundance of living spaceRecent updatesWine or canning cellarUpdated second homeSpacious main homeNewer roofs
    Income Opportunity! 3 homes included. Strong rental cash flow potential or multi-generational property or Airbnb. 3.24 acres with unbelievable mountain & river views. Just minutes away from the Applegate Valley Wine Trail and Grants Pass. The property includes a spacious main home, an updated second home, & a third home for income/guest. The main house is 3039 sq ft & features 5 bedrooms, 2.5 baths, with an abundance of living space & recent updates. The second home offers 1,398 sq ft with 3 beds and 2 baths, ideal for family or rental income. The property is well-maintained with newer roofs, 3 separate newer septics, a half-basement wine or canning cellar. Includes Peach, apple, & nectarine trees w/ water rights for 2 acres. Enjoy the large insulated/drywalled 36x40 shop. Projected Cap Rate of approximately 7.5%, Great for investors seeking solid returns in a desirable location. Buyers to do their own due diligence on cap rate and rental income. Schedule a tour today!
    174 days
    on Zillow
    |
    478
    |
    19
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 05, 2025 at 05:04pm

    Listed by:

    Ford Real Estate 541-773-2088

    Source: Oregon Datashare,MLS#: 220196150MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 7420 N Applegate Rd.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Fireplace(s), Electric, Forced Air, Wood
    Cooling
    • Central Air, Heat Pump, Whole House Fan
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater
    Features
    • Breakfast Bar, Ceiling Fan(s), Double Vanity, Granite Counters, Linen Closet, Pantry, Primary Downstairs, Shower/Tub Combo, Tile Shower, Walk-In Closet(s)
    • Flooring: Carpet, Laminate, Vinyl
    • Windows: Double Pane Windows, Vinyl Frames
    • Basement: Daylight
    • Has fireplace: Yes
    • Fireplace features: Living Room, Wood Burning
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 3,039
    • Total interior livable area: 4,851 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Attached, Detached, Driveway, Gravel, RV Access/Parking, Storage, Workshop in Garage
    • Attached garage spaces: 6
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Front Porch, Patio
    • Exterior features: RV Dump
    • Has view: Yes
    • View description: Forest, Mountain(s), River, Valley
    • Has water view: Yes
    • Water view: River
    • Waterfront features: River Front
    Lot
    • Size: 3.24 Acres
    • Features: Adjoins Public Lands, Drip System, Garden, Landscaped, Level, Sprinklers In Front, Wooded
    Details
    • Additional structures: Gazebo, Guest House, RV/Boat Storage, Second Garage, Shed(s), Storage, Workshop
    • Parcel number: R323342
    • Zoning description: Rr5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick, Frame
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Septic Tank, Standard Leach Field
    • Water: Private, Well

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    HOA
    • Has HOA: No
    Location
    • Region: Grants Pass

    Financial & listing details

    • Price per square foot: $205/sqft
    • Tax assessed value: $657,570
    • Annual tax amount: $3,017
    • Date on market: 2/21/2025
    • Listing terms: Cash,Conventional,FHA
    • Inclusions: Refrigerator, Swing Set, Oven
    • Exclusions: Dryer
    • Has irrigation water rights: Yes
    • Acres allowed for irrigation: 2
    • Road surface type: Gravel, Paved
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