Sold
Last Sold Price
2 beds1,190 sqft$223/sqft
28387 Rainbow Valley Rd, Eugene, OR 97402
Single FamilyProperty Type
5 acresLot Size
1960Year Built
$223/sq ftPrice per sq ft
2 carsParking Spaces

Description

Did someone say fixer? Tear it down or rebuild? Here is an opportunity to own 5 acres of beautiful close in country property with a home that needs a lot of attention. There is no information regarding the condition of the property or the well and septic, as the home is in a conservatorship. This home will be on the market for offers until May 13, when any and all offers will be reviewed. The seller reserves the right to accept an offer at any time, so please don’t wait until the last minute for...Did someone say fixer? Tear it down or rebuild? Here is an opportunity to own 5 acres of beautiful close in country property with a home that needs a lot of attention. There is no information regarding the condition of the property or the well and septic, as the home is in a conservatorship. This home will be on the market for offers until May 13, when any and all offers will be reviewed. The seller reserves the right to accept an offer at any time, so please don’t wait until the last minute for your private viewings and due diligence. Closing to be between June 2-15, 2025.. Please do not drive on to or enter the property without an appointment with your favorite realtor. Be very cautious and careful when viewing, as this home belongs to extreme hoarders. No drive bys! Cash or hard money only! Seller to make no repairs. Sold in “as is “ condition.
Listing closed: 06/02/2025 12:00 AM • Source: RMLS, MLS#: 288383410

Recent comparable sales

Median sold price

$285,000

Avg days on market

26

Sale-to-list ratio

97.0%

Eugene, OR

9 comparable properties found

$240,000 | 352 North Bertelsen Road, Eugene, OR 97402
1/23
1

$240,000

Sold 06/22/26

2
Bedrooms
1,288
Square Feet
0.33
Acres
a front view of a house with a yard
1/23
2

$285,000

Sold 05/02/25

2
Bedrooms
1,060
Square Feet
0.18
Acres
$260,000 | 1698 Jean Court, Eugene, OR 97402
1/20
3

$260,000

Sold 05/14/25

2
Bedrooms
997
Square Feet
0.15
Acres
a view of front door
1/30
4

$250,000

Sold 09/13/24

2
Bedrooms
1,315
Square Feet
0.05
Acres
$580,000 | 28500 Gimpl Hill Road, Eugene, OR 97402
1/39
5

$580,000

Sold 04/15/26

2
Bedrooms
1,068
Square Feet
8.17
Acres
a view of a tree in a yard with a tree
1/16
6

$266,000

Sold 08/07/25

2
Bedrooms
1,040
Square Feet
0.58
Acres
a front view of a house with a yard and garage
1/31
7

$310,000

Sold 06/09/25

2
Bedrooms
1,044
Square Feet
0.07
Acres
a view of a house with a garden and parking space
1/24
8

$308,000

Sold 02/27/26

2
Bedrooms
1,034
Square Feet
0.11
Acres
a front view of a house with a garden and yard
1/33
9

$315,000

Sold 05/07/26

2
Bedrooms
1,117
Square Feet
0.2
Acres

Location

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Principal and Interest

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Property Taxes

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Property Information for 28387 Rainbow Valley Road

Property Details
  • Taxes: $2,667 / year
  • MLS Type: Residential / Single Family Residence
  • County: Lane County
  • Style: Stories1
  • Parking Features: Driveway
  • Zoning: RR5
  • View: Valley
  • Garage Spaces: 2.00
  • Parking Total: 2.00
Building Information
  • Stories: 1
  • Year Built: 1960
  • Lot Size: 5.00 AC / 217,800 SF
Summary
Location and General Information
  • Country: US
  • Directions: Gimpl HIll to Rainbow Valley
  • Road Surface: Gravel
School Information
  • Elementary School: Twin Oaks
  • High School: Churchill
  • Middle Or Junior School: Kennedy
Parking
  • Garage Type: Detached
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $2,667.41
  • Parcel Number: 1154978
  • Tax Legal Description: 18-04-18-0003002
Property
Lot Information
  • Acres: 5.0
  • Lot Description: Level, Private, Sloped, Trees
  • Lot Size Square Feet: 217800.0
  • Lot Size Range: Acres5to7
  • Lot Size: 5 to 6.99 Acres
  • SqFt Source: tax record
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Well
  • Property Condition: Fixer
  • Year Built: 1960
Utilities
  • Fuel Description: Electricity, Wood Burning
  • Heating Description: Wood Stove
  • Hot Water Description: Electricity
  • Sewer Description: Standard Septic
Interior and Exterior Features
Exterior Features
  • Exterior Description: Plywood
  • Exterior Features: Tool Shed, Yard
  • Roof Type: Composition
  • RV Description: RVParking
Interior Features
  • Window Features: Aluminum Frames, Double Pane Windows, Vinyl Frames
  • Fireplace Description: Stove, Wood Burning
  • Fireplaces Total: 1
  • Interior Features: Wood Floors
  • SqFt Calculated: 1190
  • SqFt Lower Level Total: 0
  • SqFt Main Level Total: 1190
  • SqFt Upper Level Total: 0
  • Bedrooms Total: 2
  • Stories: 1
  • Baths Total: 1.0
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Level: Main
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Level: Main
Dining Room
  • Room Description: Dining Room
Family Room
  • Room Description: Family Room
Kitchen
  • Room Description: Kitchen
  • 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: 1
  • BathsMainLevelPartial: 0
  • Baths Main Level Total: 1.0
  • Bathrooms Full: 1
  • Baths Partial: 0
  • Total Bathrooms: 1
  • Baths Upper Leve lFull: 0
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 0.0
Multi Family
Multi-Family Information
  • Security Features: None
  • SqFt Approximate Building Total: 1190

Property History for 28387 Rainbow Valley Road

DateEvent & SourcePriceAppreciation
May 20, 2025

Sold (Public Record)

Public Record #1558341114

$265,000
DateEvent & SourcePrice
05/20/2025

Sold (Public Record)

Public Record #1558341114

$265,000

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

Public Records for 28387 Rainbow Valley Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,588 ($216 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,190 SqFtAbove Grade Finished SqFt1,190 SqFtStories1Lot Size217,800 SqFtStyleSingle Family ResidenceYear Built1960Year Renovated1960ZoningRR10CountyLANEAPN1154978

Schools near 28387 Rainbow Valley Road

This home is within Eugene School District 4j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Twin Oaks Elementary School
PublicK to 5

Kennedy Middle School
Public6 to 8

Churchill High School
Public9 to 12

Churchill Alternative High School
Public10 to 12

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

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 28387 Rainbow Valley Road, Eugene, OR 97402
$265,000
2
1,190
217,800
$217,000
2
1
1,466
100,188
$750,000
3
4,141
297,950
$355,000
4
1,766
156,380
1
1,512
$550,000
4
2,245
591,544

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 Hybrid Real Estate

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: 06/03/2025 09:30 AM