$1,000,000

38742 Scravel Hill Rd NE Albany, OR 97322

Estimated payment $6,070/month

Total Views 5,507
5 Beds
2 Baths
2,705 Sq Ft
$370 Price per Sq Ft

Highlights

  • Barn
  • 12.07 Acre Lot
  • Cooling Available
  • RV Access or Parking
  • 4 Car Detached Garage
  • Shed

About This Home

Welcome to a rare gem in the Mid-Willamette Valley! This stunning 12-acre property offers rolling hills, fertile soil, and no flood zone per FEMA, with easy I-5 access. Currently operating as an equine training facility, it boasts a 3/8-mile sanded training track, a four-horse starting gate, a 100-foot and 60-foot sanded round pen, a 200-foot sanded arena, a warm water wash rack, and a laundry center. Designed for both personal and business use, the property features 33 horse stalls and 12 storage rooms, providing significant income potential through boarding, training, and rental opportunities. The spacious barn with dog kennels and a separate goat barn further expand revenue streams for animal care or additional leasing options. For those seeking extra income, the property includes a 30x50 loft, an RV pad with its own septic system, and multiple storage units—ideal for renting out or utilizing for business operations. Beyond its equestrian and agricultural amenities, this property offers a beachfront natural swim pond with waterfalls and a fountain, creating a serene retreat for relaxation or events. The outdoor entertaining area, abundant fruit and nut trees (apple, pear, plum, hazelnut, and two types of grapes), two chicken coops, and a large fenced garden make this a true homesteader’s paradise. Whether you're looking for a premier equestrian facility, a profitable boarding/training operation, a hobby farm, or a peaceful countryside retreat, this unique property offers both lifestyle and investment opportunities. Don’t miss out on this exceptional find!

Listing Agent

RACHAEL MANGLONA BANUELOS GONZALEZ

EXP REALTY, LLC License #201256475

EXP REALTY, LLC

Co-Listing Agent

DANIEL RAMIREZ

EXP REALTY, LLC License #201245241

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,988

Year Built

  • Built in 1920

Lot Details

  • 12.07 Acre Lot
  • Property is zoned RR-5

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,705 Sq Ft Home
  • 2-Story Property
  • Stove

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Detached Garage
  • RV Access or Parking

Outdoor Features

  • Shed
  • Shop

Schools

  • Waverly Elementary School
  • Timber Ridge Middle School
  • South Albany High School

Farming

  • Barn

Utilities

  • Cooling Available
  • Heating System Uses Wood
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,988

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Syndicated Remarks: Welcome to a rare gem in the Mid-Willamette Valley! This stunning 12-acre property offers rolling hills, fertile soil, and no flood zone per FEMA, with easy I-5 access. Currently operating as an equine training facility, it boasts a 3/8-mile sanded training track, a four-horse starting gate, a 100-foot and 60-foot sanded round pen, a 200-foot sanded arena, a warm water wash rack, and a laundry center. Designed for both personal and business use, the property features 33 horse stalls and 12 storage rooms, providing significant income potential through boarding, training, and rental opportunities. The spacious barn with dog kennels and a separate goat barn further expand revenue streams for animal care or additional leasing options. For those seeking extra income, the property includes a 30x50 loft, an RV pad with its own septic system, and multiple storage units—ideal for renting out or utilizing for business operations. Beyond its equestrian and agricultural amenities, this property offers a beachfront natural swim pond with waterfalls and a fountain, creating a serene retreat for relaxation or events. The outdoor entertaining area, abundant fruit and nut trees (apple, pear, plum, hazelnut, and two types of grapes), two chicken coops, and a large fenced garden make this a true homesteader’s paradise. Whether you're looking for a premier equestrian facility, a profitable boarding/training operation, a hobby farm, or a peaceful countryside retreat, this unique property offers both lifestyle and investment opportunities. Don’t miss out on this exceptional find!
  • Year Built: 1920
  • Home Style2: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Price Per Sq Ft: 369.69
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 369.69

Exterior Features

  • Out Buildings: Barn, Shed, Separate Shop
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 4+

Utilities

  • Heating/Cooling: Electric, Stove, Wood
  • Septic: Standard
  • Water: Private/Community/Dist, Well

Schools

  • Elementary School: Waverly
  • Middle School: Timber Ridge
  • High School: South Albany

Lot Info

  • Acres: 12.07
  • Estimated Lot Sq Ft: 2705
  • Lot: .
  • Price Per Acre: 82850.04
  • Rv Amenities: Area/Room For, Pad, Rv Disposal
  • Zoning: RR-5
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 0841693, 0041604
  • Tax Amount: 5988

MLS Schools

  • HighSchool: South Albany
  • Middle School: Timber Ridge
  • Elementary School: Waverly

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,989 $424,430 -- --
2023 $5,640 $412,070 $0 $0
2022 $5,585 $400,070 $0 $0
2021 $5,181 $388,420 $0 $0
2020 $5,141 $377,110 $0 $0
2019 $5,032 $366,130 $0 $0
2018 $4,807 $355,470 $0 $0
2017 $4,665 $345,120 $0 $0
2016 $4,260 $335,070 $0 $0
2015 $4,205 $325,320 $0 $0
2014 $4,056 $315,850 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 For Sale $1,000,000 -- $370 / Sq Ft
Source: Willamette Valley MLS

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Source: Willamette Valley MLS

MLS Number: 826946

Willamette Valley MLS

APN: 0841693