Demand to live on acreage escalated at the start of the coronavirus pandemic and the desire to spread out continues, says Portland real estate broker Peggy Hoag, who is marketing compounds that offer multiple dwellings to accommodate extended family members, workers or renters.
“I am observing a strong growth in the demand for homes with space and privacy and future investment opportunities due to municipalities’ comprehensive plan or expansion of the UGB,” the urban growth boundary, she says.
Since March 2020, some home shoppers have been targeting properties in Oregon and Washington state with acreage and extra living quarters for grandparents, adult children and other relatives. A work-efficient Zoom room for private teleconferencing and a large, relaxing backyard to replace weekend getaways are bonuses.
If price is no object, or if several family members are pooling their resources, there are vineyard residences, equestrian farms, agricultural land, ranches and other properties with acreage for sale.
Here are examples:
$16.5 million:A double-wide manufactured home at 30575 N.E. Fernwood Road in Newberg is part of the sale of 31 acres on three tax lots in wine country near the Chehalem Glenn Golf Course.
“Bring your vision and ambition,” says listing agent Lyndon Hansen of Keller Williams Realty Professionals. “Buyer to perform due diligence on possible UGB expansion.”
$7.9 million:The 54-acre property with a 51-year-old contemporary house at 16205 N.E. 189th Circle in Brush Prairie, Washington, is a setting “for the ultimate Northwest dream home and country estate” and the land has development potential within the “close and expanding” city of Battle Ground, says Pat Weidenaar with Gene Thompson of Weichert Realtors, Equity Northwest. “Cluster development is also an option.”
The acreage also has approximately 1,500 feet of Salmon Creek frontage and a fixer-upper farmhouse, according to marketing materials.
$4.8 million: The 33-acre property with a gated entrance at 23110 N.W. 11 Ave. in Ridgefield, Washington, includes a furnished, 5,941-square-foot brick house with an executive office equipped with high-speed internet.
The area, surrounded by estate homes, is an “easy commute to downtown Portland and its airport, Washington State University, Legacy Salmon Creek Medical Center, Intel and Nike,” says Debi Drake of John L. Scott Market Center.
The property also has a private courtyard to the pool house, four-car garage, wine cellar, three horse barns and fenced pastures.7
20-acre estate with a riverfront home
$3.6 million:The 20-acre estate with Tualatin River views at 3025 S.W. Borland Road in Tualatin has a Cape Cod-style house and five other dwellings.
Listing agent Peggy Hoag of Hoag Real Estate says a potential buyer is “someone who believes in the future investment potential of the acreage once the Stafford Borland I-205 Interchange Proposed Comprehensive Plan is put into place.”
In the meantime, the owner can live in the main home, rent out the others and keep the arena for horses or as an income-producing boat and RV storage, says Hoag, adding, “buyer to do their own due diligence. Showings require verification of funds.”10
38-acre Hillsboro estate
$3.5 million:A gated, 38-acre estate at 34567 S.W. Bald Peak Road in Hillsboro has a 5,747-square-foot mansion and a separate guest apartment.
The Bald Peak compound is for “someone who wants extreme privacy and has a couple of horses that will use the stables and arena,” says listing agent Peggy Hoag of Hoag Real Estate. The asking price dropped $1 million on Feb. 25.
Hoag adds that the new owners would enjoy wine produced by their own Pinot noir-producing vineyard, prepared in their own small winemaking facility and aged in their wine cellar.
The property has an outdoor kitchen with a fireplace, garage parking for six vehicles, including an RV, two large green houses, gardens, pastures, farmed croplands and 20 acres of riding trails. A creek and tall timber help the owners “create their own Narnia” forest, says Hoag.
A solar installation decreases the cost of electricity for the compound as well as charging two electric cars, according to marketing materials.
$1,650,000: A 1926 farmhouse with 1,911 square feet of living space at 34506 Millard Road in Warren shares 73 acres with old growth Douglas fir trees, a private pond with dock, a five-bay shop and pasture and hay fields.
“One house is fixable; one house is a teardown,” says John Lee of Lee Real Estate and John Knipe of Knipe Land Company. “Private resort-like acreage only a half hour from Portland. Pre-approved or cash buyers only.”
$1,490,000: The five-acre estate at 32102 N.W. Eagle Crest Dr. in Ridgefield, Washington, has a custom house built in 1993 with 3,862 square of living space and a 1,272-square-foot, detached accessory dwelling unit (ADU).
The property also has approximately 2.5 acres of a heritage vineyard, an in-ground pool, hot tub, cabana, four-car garage parking, horse barn, round pen and a shop area, says listing agent Dayna Nyberg of Premiere Property Group.
$1,050,000: A custom house on 10 acres at 300 Westshore Road in Castle Rock, Washington, includes about 500 feet of private Silver Lake frontage.
The 2005 house has 3,337 square feet of living space and an additional 400 square feet of finished space upstairs and a finished hobby room plus a large view deck, says listing agent Tracy Owen of Premiere Property Group.
$915,000: 27837 S. Meridian Road in Aurora has two legal dwellings on 9.27 acres.
The two-story, ranch-style house, built in 1962 and remodeled, has 1,768 square feet of living space and a finished basement. The second home is a fixer-upper.
“Permits being applied for, seller will complete home up to interior rough-in, dry shell with electrical and plumbing at the listed price,” says listing agent Anna Kraskoff of eXp Realty.
$799,000: The 4.13-acre parcel at 376 Crowson Road in Ashland has a 1952 ranch-style house with 1,834 square feet of living space and a one-bedroom, one-bathroom home with 740 square feet of space plus a workshop and carport. There is also a detached, two-room art studio.
The property is zoned exclusive farm use and RR-5. There are two certificates for irrigation water usage with priority dates of 1853 and 1951.
“Owner may carry [the loan] with a substantial down payment,” says listing agent Iraj Ostovar of Sunrise Real Estate
$500,000: The 19-acre property at 33005 S.W. Three Deer Lane in Willamina has a 1968 ranch-style house with 1,248 square feet of living space and wooded land with potentially marketable timber, says listing agent Kelly Hagglund with Christopher Friedman of The Kelly Group Real Estate.
There is also potential to create personal ATV trails or develop the land for equestrian use or plant a vineyard on upper elevations with eastern exposure and Melbourne, Goodin and Jory soils, according to marketing materials.
“Remodel/build to suit with a fixer/rehab home,” says Hagglund. “A three-bay shop could be used for storage during construction.”
— Janet Eastman | 503-294-4072
firstname.lastname@example.org | @janeteastman
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