15005 Southeast Wallace Road

Sold 3/31/25

Listed by Paul Terjeson - Keller Williams Realty Mid-Willamette - C: (541) 740-7752

Sold

Last Sold Price

$840,000

2 beds2 baths2,340 sqft

15005 SE Wallace Rd, Dayton, OR 97114

Single FamilyProperty Type

36.19 acresLot Size

1988Year Built

$359/sq ftPrice per sq ft

1 carParking Spaces

Description

Unlock the opportunities this 36 acre property has to offer! The property features 20 acres of water rights w/ a 1946 priority date w/ top tier Cloquato & Woodburn Silt Loam Soils. This riverfront property off of the Lambert Slough & the Willamette River offer endless recreational opportunities from fishing, hunting, boating to almost any water sports. The existing 2200 SF home has the potential to be rehabbed or replaced/relocated to an outstanding view location overlooking the river and Cascade...Unlock the opportunities this 36 acre property has to offer! The property features 20 acres of water rights w/ a 1946 priority date w/ top tier Cloquato & Woodburn Silt Loam Soils. This riverfront property off of the Lambert Slough & the Willamette River offer endless recreational opportunities from fishing, hunting, boating to almost any water sports. The existing 2200 SF home has the potential to be rehabbed or replaced/relocated to an outstanding view location overlooking the river and Cascade mountains.

Listed by: Paul Terjeson • Keller Williams Realty Mid-Willamette
Listed by: Steve Helms • Keller Williams Realty Mid-Willamette

Listing closed: 03/31/2025 12:00 AM • Source: RMLS, MLS#: 24111801

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Location

Homepage
OR
Yamhill County
Dayton
97114
15005 SE Wallace Rd

Listing Courtesy of Keller Williams Realty Mid-Willamette

Sold By MORE Realty, Inc.

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$5,013 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,484

Property Taxes

$528

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 15005 Southeast Wallace Road

Property Details

Taxes: $6,341 / year
MLS Type: Residential / Single Family Residence
County: Yamhill County
Style: Stories2, Farmhouse
Parking Features: Covered, Driveway
Zoning: EFU
View: Mountain, River, Valley
Garage Spaces: 1.00
Parking Total: 1.00

Building Information

Stories: 2
Year Built: 1988
Lot Size: 36.19 AC / 1,576,436 SF

Summary

Location and General Information

Country: US
Directions: Off Highway 221

Road Surface: Dirt, Gravel

School Information

Elementary School: Dayton
High School: Dayton

Middle Or Junior School: Dayton

Parking

Garage Type: Attached
Attached Garage: Yes

Taxes and HOA

HOA Y/N: No
Tax Year: 2024

Tax Annual Amount: $6,340.50
Parcel Number: 188585
Tax Legal Description: TOWNSHIP 5S RANGE 3W SECTION 09 TAXLOT 02000

Virtual Tour

Video Virtual Tour 1 URL: https://drive.google.com/file/d/1tRdJS-GoyPt5j0LFt32TnLn_X6-Qq665/view?usp=drive_link

Property

Lot Information

Acres: 36.19
Lot Description: Irrigated Irrigation Equipment, Orchard, Private, Secluded, Sloped, Trees

Lot Size Square Feet: 1576436.0
Current Use: Timber
Senior Housing Y/N: No
Lot Size Range: Acres20to50
Lot Size: 20 to 49.99 Acres
SqFt Source: County

Property and Assessments

Property Sub Type: Single Family Residence
Property Type: Residential

Water Description: Well
Water Rights Acres Irrigated: 20.00
Water Rights Consecutive Non Use: Yes
Water Rights Delivery Method: Pump
Water Rights Pump Location: On The Property
Water Rights Pump Owner: Tenant Farmer
Water Rights Source: OWRD
Water Rights Status: ACT
Water Rights Use: Irrigation
Water Rights Water Source: Other, River
Property Condition: Resale
Year Built: 1988

Utilities

Cooling Description: None
Fuel Description: Wood Burning

Heating Description: Wood Stove
Hot Water Description: Electricity
Sewer Description: Standard Septic

Interior and Exterior Features

Exterior Features

Exterior Description: Lap Siding
Exterior Features: Barn, Outbuilding, Porch, RVParking, RVBoat Storage, Tool Shed

Roof Type: Composition
Construction Materials: Lap Siding
Existing Structures Description: Shed(s)

Interior Features

Basement: None
Foundation Details: Concrete Perimeter

Fireplace Description: Wood Burning
Fireplaces Total: 1
Interior Features: Ceiling Fan, High Ceilings, Laundry, Soaking Tub, Wood Floors
SqFt Calculated: 2340
View Y/N: Yes
SqFt Lower Level Total: 0
SqFt Main Level Total: 1170
SqFt Upper Level Total: 1170
Bedrooms Total: 2
Stories: 2
Baths Total: 2.0
Heating: Yes

Master Bedroom

Room Description: Primary Bedroom
Primary Bedroom Level: Upper

Bedroom 2

Room Description: _2nd Bedroom
Bedroom 2 Level: Upper

Dining Room

Room Description: Dining Room
Dining Room Level: Main

Family Room

Room Description: Family Room
Family Room Level: Main

Kitchen

Room Description: Kitchen
Kitchen Appliances: Water Heater, Electric Water Heater

Kitchen Room Level: Main

Living Room

Room Description: Living Room
Living Room Level: Main

Baths

Baths Lower Level Full: 0
Baths Lower Level Partial: 0

Baths Lower Level Total: 0.0
Baths Main Level Full: 2
BathsMainLevelPartial: 0
Baths Main Level Total: 2.0
Bathrooms Full: 2
Baths Partial: 0
Total Bathrooms: 2
Baths Upper Leve lFull: 0
Baths Upper Level Partial: 0
Baths Upper Level Total: 0.0

Farm

Farm Information

Farm Acres Cultivated: 20.0
Farm Acres Orchard: 5.00

Farm Type: Farm
Farm Irrigation System Source: River, See Remarks
Farm Irrigation Acres: 20.0
Farm Elec Desc: Volt220
Farm Fencing Description: None
Farm Remarks Public: See Assoc Docs for More Details
Possible Use: Berries, Orchard

Condominium

Condominium Information

Condo Total Levels: 2

Additional Strucuture

Additional Structure information

Addl Structure Baths Total: 0.00
Addl Structure Bedrooms Total: 0

Addl Structure Const 1: Wood Frame, Wood Siding
Addl Structure Const 2: Wood Frame, Wood Siding
Addl Structure Const 3: Metal Siding, Wood Frame
Addl Structure Features 1: Volts220, Bathroom, Electricity Connected, Kitchen, Plumbed, Wood Floors, Wood Stove
Addl Structure Features 2: Volts220, Concrete Floor, Dirt Floor
Addl Structure Features 3: Volts220, Concrete Floor, Dirt Floor
Addl Structure Roof 1: Composition
Addl Structure Roof 3: Metal
Addl Structure Sqft 1: 2000.0
Addl Structure Sqft 2: 1140.0
AddlStructureOtherType1: Barn
AddlStructureOtherType2: Workshop
AddlStructureOtherType3: Storage

Multi Family

Multi-Family Information

SqFt Approximate Building Total: 2340

Property History for 15005 Southeast Wallace Road

Date	Event & Source	Price	Appreciation
Mar 24, 2025	Sold (Public Record) Public Record #1801651028	$420,000	—
Mar 24, 2025	Sold (Public Record) Public Record #1553896905	$420,000	—
Mar 24, 2025	Sold (Public Record) Public Record #1553896905	$420,000	—

Date	Event & Source	Price
03/24/2025	Sold (Public Record) Public Record #1801651028	$420,000
03/24/2025	Sold (Public Record) Public Record #1553896905	$420,000
03/24/2025	Sold (Public Record) Public Record #1553896905	$420,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 15005 Southeast Wallace Road

Taxable ValueLand-Additions-Total-

Tax Record2025$6,444 ($537 / month)

Home Facts

Baths2Total Finished SqFt3,238 SqFtAbove Grade Finished SqFt3,238 SqFtStories2Lot Size1,576,436 SqFtStyleFarmsYear Built1988Year Renovated1988ZoningEF-80CountyYAMHILLAPN188585

Schools near 15005 Southeast Wallace Road

This home is within Dayton School District 8.


Rating	School	Type	Grades	Distance
3/10	Dayton Grade School	Public - Serves this home	K to 5	4.8 mi
1/10	Dayton Junior High School	Public - Serves this home	6 to 8	4.7 mi
7/10	Dayton High School	Public - Serves this home	9 to 12	4.8 mi


Rating	School	Distance
3/10	Dayton Grade School PublicK to 5 Serves this home	4.8 mi
1/10	Dayton Junior High School Public6 to 8 Serves this home	4.7 mi
7/10	Dayton High School Public9 to 12 Serves this home	4.8 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 15005 Southeast Wallace Road, Dayton, OR 97114	$840,000	2	2	2,340	1,576,436
15200 Southeast Wallace Road, Dayton, OR 97114	$800,000	3	2	2,371	1,077,238
14870 Southeast Wallace Road, Dayton, OR 97114	$425,000	–	–	–	109,771
15601 Southeast Wallace Road, Dayton, OR 97114	–	–	–	–	581,526
15500 Southeast Wallace Road, Dayton, OR 97114	–	–	2.5	2,230	435,600
15000 Southeast Wallace Road, Dayton, OR 97114	$510,000	2	2	1,688	740,520
14425 Southeast Wallace Road, Dayton, OR 97114	–	–	–	–	4,192,214
15400 Southeast Wallace Road, Dayton, OR 97114	$2,500	–	–	–	143,748
15739 Southeast Wallace Road, Dayton, OR 97114	$415,330	–	2	3,096	669,517
14395 Southeast Wallace Road, Dayton, OR 97114	$200,000	–	2	1,188	32,670
15660 Southeast Wallace Road, Dayton, OR 97114	–	–	1	1,632	217,800
15735 Southeast Wallace Road, Dayton, OR 97114	–	–	2	1,296	–
14301 Southeast Wallace Road, Dayton, OR 97114	$647,785	–	–	–	2,321,748
16990 Southeast Alderman Road, Dayton, OR 97114	–	–	–	–	829,382
16107 Southeast Wallace Road, Dayton, OR 97114	$1,500,000	–	3	2,704	2,347,884
20450 Southeast Lower Island Road, Dayton, OR 97114	–	–	1	3,489	8,008,506

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Mid-Willamette

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 03/31/2025 04:05 PM

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