498 SW Oregon Falls Dr

Dallas, OR 97338

$370,000
Price
87,120 / 2
Lot Size / Acres
a picture of a small yard
a view of a golf course with a lake
an aerial view of residential houses with outdoor space and trees
a view of a field with an trees in back
a view of an ocean view
a view of basketball court
a view of an ocean from a yard

Description

Bring your vision & discover the perfect canvas for your custom built dream home on this stunning 2 acre property, nestled in a serene natural setting. This rare land borders a picturesque creek, offering soothing sounds and peaceful strolls and wildlife viewing on an established winding concrete pathway. Enjoy glowing sunrises & sunsets right from your porch. Located in an area of newer custom built homes, this property combines privacy with a sense of community, A Build Ready site!Bring your vision & discover the perfect canvas for your custom built dream home on this stunning 2 acre property, nestled in a serene natural setting. This rare land borders a picturesque creek, offering soothing sounds and peaceful strolls and wildlife viewing on an established winding concrete pathway. Enjoy glowing sunrises & sunsets right from your porch. Located in an area of newer custom built homes, this property combines privacy with a sense of community, A Build Ready site!
  1. Listed by Catherina Knowland • Coldwell Banker Mountain West • coldwellbanker@cboregon.com

Property Details for 498 Southwest Oregon Falls Drive

Zoning
RL
LISTING UPDATED: 06/18/2025 05:05 PM

Property Details for 498 Southwest Oregon Falls Drive

StatusActive
MLS #632955118
Days on Market250
Taxes$2,156 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Single Family Residence
Year Built-
Lot Size2.00 AC
CountyPolk County

Location

Listing Courtesy of Coldwell Banker Mountain West
Add your commute

Building Information for 498 Southwest Oregon Falls Drive

Building Size-Lot Size2.00 AC

Payment Calculator

$1,983 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,803

Property Taxes

$180

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 498 Southwest Oregon Falls Drive

Summary
Location and General Information
  • Country: US
  • Directions: SW Hazel St
School Information
  • Elementary School: Oakdale Hts
  • High School: Dallas
  • Middle Or Junior School: Lacreole
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $2,155.79
  • Parcel Number: 581948
  • Tax Legal Description: LOT 5
Property
Lot Information
  • Acres: 2.0
  • Lot Size Square Feet: 87120.0
  • Lot Size Range: Acres1to3
  • Lot Size: 1 to 2.99 Acres
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Land
Utilities
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available

Property History for 498 Southwest Oregon Falls Drive

DateEvent & SourcePriceAppreciation
Jan 11, 2023

Sold (Public Record)

Public Record #1525687340

$700,000—
DateEvent & SourcePrice
01/11/2023

Sold (Public Record)

Public Record #1525687340

$700,000

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

Public Records for 498 Southwest Oregon Falls Drive

Taxable ValueLand$157,390Additions-Total$157,390
Tax Record2025$2,221 ($185 / month)
Home Facts
Beds0Lot Size87,120 SqFtStyleResidentialZoningLDRCountyPOLKAPN07531-AA-00500

Schools near 498 Southwest Oregon Falls Drive

This home is within Dallas School District 2.
Rating
School
Type
Grades
Distance
Lyle Elementary School
Public - K to 3
Whitworth Elementary School
Public - 4 to 5
Lacreole Middle School
Public - 6 to 8
Dallas High School
Public - 9 to 12
Rating
School
Distance
Lyle Elementary School
PublicK to 3

Whitworth Elementary School
Public4 to 5

Lacreole Middle School
Public6 to 8

Dallas High School
Public9 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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More information about 498 Southwest Oregon Falls Drive, Dallas, OR 97338

498 Southwest Oregon Falls Drive is a 2 ac of land for sale in Dallas, OR 97338. This property was listed for sale on June 18, 2025 by Coldwell Banker Mountain West, it's currently listed at $370,000. It has been on the market for a total of 250 days and was last sold on January 11, 2023. This listing's school district is Dallas School District 2. Nearby schools include Lyle Elementary School, Whitworth Elementary School and Lacreole Middle School. 498 Southwest Oregon Falls Drive is a 0-bed, 0-bath, 2 ac of land on a 87,120 sq. ft. / 2 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Mountain West

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: 06/18/2025 05:05 PM