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21087 Penn Rd, Lot #TL500, Walton, OR 97490

$499,500
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Property Description

This one has it all! Views, creek, pond, field, forest, privacy, fruit trees, wildlife, fish, berries...The list is too long! Approximately 83 acres of timberland and pasture with potential to build a home. There is an existing residence that was in place before the zoning regulations that can possibly continue to be used residentially. The Seller is applying for verification of replacement rights. There is power on-site. The residence has been spring fed since around 1920 however, a well was drilled in 2025 at a depth of 193' with a flow of ~35gpm. There is an older septic system with no known issues. The property was logged in the winter of 2019 and replanted with Doug-fir in the spring of 2021 that is now about 6 years old. Solid rocked road system provides great access throughout. The average soil site index is 119, ranging from 110 to 132. Great tree growing ground and close to multiple mills! It is located about 14 miles to Veneta and 24 miles to Eugene and a short 45-minute drive to the coast of Florence. There are 2 perennial streams, multiple seasonal streams and 1 spring pond. There is about 4 acres of field/meadows surrounding the home site and across the county road, along with scattered fruit trees throughout, including apple and pear. There are lots of wild berries and mushrooms for foraging in this area. The pasture could be extended to include underneath the powerlines with some brush rehab and planting grass seed. The powerline right of way is 13+ acres in size. This property is surrounded by BLM to the east and south with state lands to the north. Your neighbors also include lots of deer, turkey, grouse, black bear, bobcat, cougar, fox and elk. The topography is mostly south facing gentle slopes to sloping ground with a few steeper areas also. Elevation ranges from 500' to 960'. The majority of the property is in the small tract forestland deferral program which keeps property taxes low. Shown by appointment only with a Broker. No seller-financing.

21087 Penn Rd, Unit TL500 | MLS# 194647613

This land located at 21087 Penn Rd, Unit TL500, Walton, OR 97490 is currently listed for sale with an asking price of $499,500. The property has approximately 83.66 Acres. Search Walton real estate on www.williamraven.realtor today.

Property Features

Property Type: Land - Farm
Lot Size: 83.66 Acres
Taxes: $1,162

Feature Descriptions

Body of Water: Creek, Stream & Pond
Days on Site: 34
Lot: Gated, Pasture, Pond, Reproduced Timber, Stream, Wooded
Number Of Lots Total: 1
Present Use: ManufacturedHome, Recreational, Timber
Road Surface: Gravel
Special View Info: Mountain, Territorial, Trees/Woods
Utilities: Electricity Connected, Phone Available, Standard Septic, Well
Waterfront: Creek
Wooded: Yes

Local Schools

High School: Elmira
Middle School: Fern Ridge
Elementary School: Elmira

Listed By / Shown By

Listed By

Agency Name: Made Out West Land Company, LLC
Agency Phone: 503-623-2292

Shown By

Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 2,768.26 per month $2,525.74 Principal & Interest $96.83 Property Tax $145.69 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:04:50 AM EST) or RMLS (last updated Mon 03/02/2026 11:58:17 PM EST) or COAR/MLSCO (last updated Tue 03/03/2026 12:01:16 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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 other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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