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  • $550,000

    83715 Peninsula Rd, Fall Creek, OR 97438

    --beds
    0baths
    29Acres
    Unimproved Land
    Built in ----
    29 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Outstanding privacy
    Discover an exceptional opportunity to build your dream getaway or full-time residence on this private 30 acre hilltop parcel perched above Fall Creek Reservoir. Tucked away, this property offers outstanding privacy and endless potential to create a one-of-a-kind retreat with room to roam. Improvements already in place include a strong 25 GPM well w/new pump, pressure tank and pump house, 200 amp panel on site and an installed septic system (buyer to verify intended uses with Lane County). The only structures on the property are a storage container and tiny log cabin, both in great condition. Whether you envision a custom home, recreational escape, or multi-generational gathering place, this property provides the foundation to bring your vision to life. Located approximately 40 minutes from the Eugene/Springfield metro area and just 20 minutes to the charming lakeside town of Lowell, you’ll enjoy peaceful seclusion without sacrificing access to everyday conveniences. Situated at the western base of the Cascade Range, this area is a true outdoor enthusiast’s paradise. Multiple lakes — including Fall Creek Reservoir — are within easy reach, with the nearest boat ramp just minutes away. Nearby rivers and creeks offer whitewater recreation and excellent fishing, while the surrounding mountains provide opportunities for mountain biking, winter sports, hunting, and year-round adventure. Rarely does a property combine privacy, infrastructure, views, and recreational access in one compelling package. Don’t miss this exceptional opportunity.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth Kellogg ICON@TheICONREGroup.com,

    ICON Real Estate Group

    Source: RMLS (OR),MLS#: 556274766MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Video & virtual tour

      Property

      Features
      • Has view: Yes
      • View description: Lake, Seasonal, Trees/Woods
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Seasonal
      • Body of water: Fall Creek Resevoir
      Lot
      • Size: 29 Acres
      • Features: Gated, Hilly, Seasonal, Trees, Wooded, Rolling Slope, Sloped, Acres 20 to 50
      Details
      • Additional structures: Shed
      • Additional parcels included: 1265139
      • Parcel number: 1088408
      • Zoning: RR5/F2

      Utilities & green energy

      • Sewer: Standard Septic
      • Water: Well
      • Utilities for property: Electricity Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Fall Creek

      Financial & listing details

      • Tax assessed value: $101,792
      • Annual tax amount: $95
      • Date on market: 3/7/2026
      • Listing terms: Call Listing Agent,Cash,Conventional,FHA,FMHA Loan,USDA Loan
      • Road surface type: Dirt, Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,061/mo

        Price history

        DateEventPrice
        4/21/2026Listed for sale$550,000-8.3%
        Source: RMLS (OR) #556274766 Report a problem
        11/23/2025Listing removed$600,000
        Source: My State MLS #11556281 Report a problem
        8/27/2025Price change$600,000-12.4%
        Source: My State MLS #11556281 Report a problem
        8/25/2025Listed for sale$685,000
        Source: My State MLS #11556281 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2018$277 +246%$22,979 +1438.1%
        2017$80 +61.8%$1,494 -68.4%
        2016$50 $4,725 +3%
        2015$50 +1.7%$4,587 +3%
        2014$49 $4,453

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 97438

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lundy
        • Middle: Lowell
        • High: Lowell

        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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