721 Cole Rd

Oakland, OR 97462

$595,000
Price
—
Beds
—
Baths
1,697 Sq. Ft.
$351 / Sq. Ft.
1,697
Sq. Ft.
$351
per Sq. Ft.
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Description

Welcome to 721 Cole Rd in beautiful Oakland, OR—a rare opportunity to own a charming multi-family property on 9.78 acres of serene, usable land. This creek frontage property includes water irrigation rights from Calapooya Creek and a peaceful pond with small mouth bass, creating a tranquil setting. The main home offers 737 sqft of cozy living space with 2 bedrooms and 1 bathroom. Inside, warm wood floors and vaulted ceilings create an inviting atmosphere, while a brand-new pellet stove adds warmth...Welcome to 721 Cole Rd in beautiful Oakland, OR—a rare opportunity to own a charming multi-family property on 9.78 acres of serene, usable land. This creek frontage property includes water irrigation rights from Calapooya Creek and a peaceful pond with small mouth bass, creating a tranquil setting. The main home offers 737 sqft of cozy living space with 2 bedrooms and 1 bathroom. Inside, warm wood floors and vaulted ceilings create an inviting atmosphere, while a brand-new pellet stove adds warmth and charm. Enjoy the covered porch with cobblestone accents or relax on the back deck, ideal for morning coffee or unwinding. The kitchen is fully equipped with modern appliances, including a fridge, range, dishwasher, microwave, and pantry, plus a convenient laundry area with a washer/dryer combo. In addition, the property features a delightful second home at 695 Cole Rd—a whimsical 1-bed, 1-bath cottage with board and batten siding and a wrap-around concrete porch. Inside, a cozy new wood stove and beautiful wood accents, including tongue and groove ceilings and log-style details, add rustic character. The kitchen includes a fridge, range, and portable dishwasher, with laundry hookups and a finished attic space enhancing functionality. Beyond the homes, this property is a gardener’s paradise and ideal for hobby farmers. It includes a large 2 story barn, 3 medium and 2 commercial-size hoop houses, and a greenhouse—perfect for year-round growing. A 90x30 garden with berries and vegetables is supported by an efficient drip irrigation system. There’s ample space for RV parking and three gated entrances for easy access and privacy. Plus, enjoy reliable DFN fiber internet in this peaceful country setting. This unique property combines comfortable living with abundant outdoor amenities, offering versatility for multi-generational living, hobby farming, or simply enjoying a serene lifestyle surrounded by nature.
  1. Listed by Mary Gilbert • Keller Williams Southern Oregon-Umpqua Valley • 541-371-5500
  2. Listed by Deidre Jovin • Keller Williams Southern Oregon-Umpqua Valley

Property Details for 721 Cole Road

Subdivision
SH
Parking Features
Off Street, RVAccess Parking
Zoning
FG
View
Creek Stream, Territorial, Valley
Garage Spaces
.00
Parking Total
4.00
LISTING UPDATED: 03/06/2026 12:12 AM

Property Details for 721 Cole Road

StatusActive
MLS #370746329
Days on Market192
Taxes$1,524 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1953
Lot Size9.78 AC / 426,016 SF
CountyDouglas County
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Location

Listing Courtesy of Keller Williams Southern Oregon-Umpqua Valley
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Building Information for 721 Cole Road

Stories1Residences2Year Built1953Building Size-Lot Size9.78 AC / 426,016 SF

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$3,027 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,900

Property Taxes

$127

HOA Dues

$0

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Property Information for 721 Cole Road

Summary
Location and General Information
  • Country: US
  • Directions: EXIT 136 W ON HWY 138 TO FORT MCKAY RD - R TO COLE ROAD - PROPERTY ON R
  • Road Surface: Gravel
School Information
  • Elementary School: Oakland
  • High School: Oakland
  • Middle Or Junior School: Other
Taxes and HOA
  • Tax Year: 2024
  • Tax Deferral Desc: FG
  • Tax Annual Amount: $1,523.58
  • Parcel Number: R26488
  • Tax Legal Description: TRACT M&B INST 70-13211, ACRES 9.78
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Property
Lot Information
  • Acres: 9.78
  • Lot Description: Irrigated Irrigation Equipment, Level, Pasture, Pond
  • Lot Size Square Feet: 426016.0
  • Lot Size Range: Acres7to10
  • Lot Size: 7 to 9.99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Well
  • Property Condition: Approximately
  • Year Built: 1953
Utilities
  • Cooling Description: None, Window Unit
  • Fuel Description: Electricity
  • Heating Description: Wall Furnace, Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Standard Septic
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Board Batten Siding, T111Siding, Wood Siding
  • Roof Type: Metal
  • Waterfront Description: Creek
  • Water Name: Calapooya Creek
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Amenities
Amenities Information
  • Internet Service Type: Fiber Optics
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $.00
  • Net Income Actual: $.00
  • Operating Expense: $.00
  • Security Features: Security Gate
  • Storage: Attic
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1697
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Deck, Refrigerator, Wood Floors, Wood Stove
  • Unit Type 1 Rent: $0
  • Unit Type 1 SqFt: 737.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Range, Refrigerator, Washer Dryer Hookup, Wood Stove
  • Unit Type 2 Rent: $0
  • Unit Type 2 SqFt: 960.0
  • Unit Type 2 Units Total: 1

Property History for 721 Cole Road

DateEvent & SourcePriceAppreciation
May 6, 2022

Sold (Public Record)

Public Record #1489548545

$595,000

+9.4% / yr

Sep 26, 2018

Sold (Public Record)

Public Record #633963161

$430,000

+2.2% / yr

Dec 20, 2007

Sold (Public Record)

Public Record #241895929

$340,000—
DateEvent & SourcePrice
05/06/2022

Sold (Public Record)

Public Record #1489548545

$595,000

+9.4% / yr

09/26/2018

Sold (Public Record)

Public Record #633963161

$430,000

+2.2% / yr

12/20/2007

Sold (Public Record)

Public Record #241895929

$340,000

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

Public Records for 721 Cole Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,557 ($130 / month)
Home Facts
Total Finished SqFt737 SqFtAbove Grade Finished SqFt737 SqFtLot Size426,017 SqFtStyleFarmsYear Built1953Year Renovated1973ZoningFGCountyDOUGLASAPN25-06W-15-00900Fireplace TypeHas Fireplace

Schools near 721 Cole Road

This home is within Oakland School District 1.
Rating
School
Type
Grades
Distance
Oakland Elementary School
Public - K to 4
Lincoln Middle School
Public - 5 to 8
Oakland High School
Public - 9 to 12
Rating
School
Distance
Oakland Elementary School
PublicK to 4

Lincoln Middle School
Public5 to 8

Oakland 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 721 Cole Road, Oakland, OR 97462

721 Cole Road is a multi-family home for sale in Oakland, OR 97462. This property was listed for sale on August 26, 2025 by Keller Williams Southern Oregon-Umpqua Valley, it's currently listed at $595,000. It has been on the market for a total of 192 days and was last sold on May 6, 2022. This listing's school district is Oakland School District 1. Nearby schools include Oakland Elementary School, Lincoln Middle School and Oakland High School. 721 Cole Road is a 0-bed, 0-bath, 1,697 sqft multi-family home built in 1953.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Southern Oregon-Umpqua Valley

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: 03/06/2026 12:12 AM