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Residential Land with Home for Sale in Forest Grove, Oregon

47980 NW Waldheim Way, Forest Grove, OR 97116

$649,900
5.16 acres
Active
$50k drop
Est $3,405/mo

Rare property! 2 properties being sold together. 1196 sq ft 3 bed 1.5 bath home on .84 acres is a fixer that has great bones but needs significant love. 2nd lot is 4.32 treed acres with it's own building approval. This is a great multigenerational situation. Property will not qualify for standard financing. This will need rehab loan or cash or specialized financing. Close to town but tucked away private treed setting. Elk and Deer frequent the property. Besides having an artesian well there are domestic water rights to a spring also that used to be the water source before the well was drilled. Septic tank was replaced with county inspection in 2024.

1,196
Sq feet
3
Beds
1
Full bath
1
1/2 bath
1955
Built

Location

Street address
47980 NW Waldheim Way
Elevation
338 feet
Coordinates
45.5256, -123.1707

Directions

Stringtown Rd to Waldheim Way to property on the left

Property details

Acreage
5.16 acres
Zoning
EFC
MLS #
RMLS 651182032
Posted

Property taxes

Recent
$2,646 - Tax lot ID - 1N4340000900 & 1N4340000801

Parcels

  • R774291
  • R774317

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
John L. Scott

Exterior

Pool
Patio, Porch
Features
RV Parking, Yard

Structure

Style
Ranch
Stories
1
Heating
Baseboard
Roof
Tile
Windows
Aluminum Frames

Interior

Rooms
Bathroom, Bedroom x 3
Appliances
Dishwasher, Free Standing Range
Features
Laundry

Nearby schools

NameLevelDistrictDescription
DilleyElementary
Neil ArmstrongMiddle
Forest GroveHigh

Listing history

DateEventPriceChangeSource
Dec 3, 2025Price added$649,900RMLS
Nov 21, 2025Price removed$—RMLS
Sept 17, 2025Price drop$649,900$50,000 -7.1%RMLS
Sept 15, 2025New listing$699,900RMLS
Aug 8, 2025Listing removed$699,900Listing agent
Aug 4, 2025New listing$699,900RMLS
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This 5.16-acre property is located at 47980 NW Waldheim Way in Forest Grove, OR 97116. The property is available for sale for $649,900. It has a 1,196 sq ft 3 bedroom, 1 bath house built in 1955.

Checked 37 mins ago — Updated

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