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Recreational & Residential Land for Sale in Fall Creek, Oregon

83715 Peninsula Rd, Fall Creek, OR 97438

$540,000
29 acres
Active sale
$10k drop
Est $3,648/mo

This unique 29-acre hilltop property sits directly above the Fall Creek Reservoir, offering excellent end-of-the-road privacy in a heavily wooded setting. While the property currently provides a secluded forest environment, selective tree clearing on the hillside would open up incredible views of the reservoir below.Unlike completely raw land, this parcel features extensive, high-value infrastructure that is already installed and operational. The site includes a highly productive 25 GPM (gallons per minute) well complete with a pump house, an on-site 200-amp electrical power service panel, and a pre-existing septic tank already in place. Having these utilities established significantly reduces upfront development costs, shortens your construction timeline, and simplifies the county permitting process.The property features a mix of RR5 and F2 zoning, offering flexibility for several potential build sites, including manufactured homes. Located just minutes from the Winberry Creek boat ramp, the acreage also includes a functional tiny log cabin and a heavy-duty storage container for immediate utility or staging. This is a rare, utility-ready acreage setup located just 20 minutes from Lowell and 40 minutes from Eugene.

Location

Street address
83715 Peninsula Rd
Zip code
97438
Elevation
1,314 feet
Coordinates
43.9412, -122.7278

Directions

Take Big Fall Creek Rd to Winberry Creek Rd, L on Peninsula Rd, after 2.6 miles take R up private dr

Property details

Acreage
29 acres
Zoning
RR5/F2
MLS #
RMLS 556274766
Posted

Property taxes

Recent
$95 - TL:19-15-06-00-01707

Parcels

  • 1088408

Details and features

Listing

Type
Land
Franchise
Independent

Lot

View
Lake
Waterfront
Yes

Nearby schools

NameType
LundyElementary
LowellMiddle
LowellHigh

Listing history

DateEventPriceChangeSource
June 8, 2026Price drop$540,000$10,000 -1.8%RMLS
Apr 21, 2026New listing$550,000RMLS
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This 29-acre property is located at 83715 Peninsula Rd in Fall Creek, OR 97438. The land is available for sale, priced at $540,000 — $18,621 per acre.

Listed by ICON Real Estate Group, (541) 729-4063

Checked 2 hours agoUpdated Source

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