1327 S Water STSilverton, OR97381

$535,000
4 bedrooms
4 bathrooms
2568 sq. ft
1.34 acres
Acres1to3
Elementary School: Robert Frost
Middle School: Silverton
High School: Silverton
Zoning: UT5
233 days on market
Tour #1Tour #2

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Price per ft²$208.33/ft²
Price per acre$399.3K/ac
Price per bedroom$133.8K/bed
Time on market233 days

Property Description

Discover an incredible opportunity in the heart of Silverton, just five minutes from the picturesque Silverton Reservoir. This 1.3-acre property offers a unique blend of space, potential, and value, with a primary focus on the land and the versatile shop it includes. Nestled on this expansive parcel are two separate houses, providing endless possibilities for extended family living, rental income, or creative use of the space. The main house showcases newer laminate floors and a spacious kitchen/dining area. Inside the main house, you'll find 3 bedrooms, 3 bathrooms, and an office, ensuring ample room for comfortable living and home-based work or study. Adjacent to the main house, a well-appointed shop with electric service awaits your projects and passions. Whether you're a hobbyist, craftsman, or entrepreneur, this space offers limitless potential. Additionally, a small storage room with washer/dryer hookups adds to the property's practicality and convenience. While the value of this offering is undoubtedly in the land and the shop, the second house provides additional flexibility with its 2 bedrooms and 1 bathroom, making it an excellent space for guests, a rental unit, or a private retreat. Located just minutes from the serene Silverton Reservoir, this property offers easy access to outdoor activities, all while being close to the charming amenities of Silverton. This unique real estate opportunity allows you to invest in the potential of the land and the utility of the shop, all while enjoying the comfort, space, and possibilities of two separate houses. Don't miss your chance to shape this property to your vision and make it your own.

{{ compliance-logo }}Listing Provided By The Salem Real Estate Group

Financial Data

Date Sold2023-12-26
Sold Price$460,000
Original Price$535,000
Current Price$535,000
Property Taxes$2,240

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Home Facts

StatusSold
Year Built1940
Stories1
Interior Features
Exterior Features
MLS ID23143810