$720000

Price cut: $28K (02-23-2026)

4 Bed
2 Bath
1940 SqFt
229 DOM
Built: 1920
Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

BACK ON THE MARKET DUE TO NO FAULT OF THE SELLER! Charming Farmhouse on 2 Acres with Development Potential. Welcome to this rare in-town gem! Charming farmhouse nestled on a level 2-acre working farm, perfectly blending rural tranquility with city convenience. This unique property offers both lifestyle and opportunity, sitting within the city’s Nodal Development Plan, which may allow for future subdivision into approximately 17 lots (buyers to perform due diligence). Step inside to discover soaring high ceilings, a spacious and inviting kitchen with a walk-in pantry, and cozy ductless heating and air on the main floor. Enjoy the practical layout featuring a dedicated laundry room, mudroom, and an upstairs loft ideal for an office, playroom, or extra guest space. The land is fully fenced and cross-fenced, making it ready for your animals, gardening dreams, or hobby farming. Established landscaping includes a bountiful garden, grapevines, strawberries, blueberries, kiwi, an apple tree, two types of gooseberries, two types of currants, a variety of herbs, and a stately magnolia tree, creating a truly edible paradise. Relax on the picture-perfect front porch or tinker away in the 34x28 garage/shop (1572 Sq Ft), complete with a spacious bonus area above that offers exciting potential for a studio, home office, or dual living setup. This one-of-a-kind property offers the best of both worlds, a peaceful country lifestyle and incredible future development opportunity.

Listing Provided Courtesy of Miltina Scaife, Pro Realty

General Information

MLS #501223268
TypeSingleFamilyResidence
Days on Market 229 DOM
Beds4
Lot Size 2.05 acres
Baths2
SqFt1940
Year built1920
ZoningEug-Ag
CountyLane
Tax ID0460269
ElemPrairie Mtn
MiddleShasta 5/10
HighWillamette 3/10
PropCategoryResidential
PropTypeSingleFamilyResidence
Neighborhood (Legal)To Be Provided In Escrow

Listing Provided Courtesy of Miltina Scaife, Pro Realty

Krishna Realty data last checked: Feb 24, 2026 03:55 | Listing last modified Feb 23, 2026 08:03, Source:

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Residence Information

Upper SqFt770
Main SqFt1170
Lower SqFt0
Total SqFt1940
SFSrcCo Records
TotUp/Mn1940
Fireplaces
Bdrms4
Full Bath2
Partial Bath0
Total Bath2
RoofComposition
Garage3, Detached
StyleStories2
ParkingDriveway,RVAccessPar
Levels2
Year Built1920
Green CertNo
Energy Eff
ExteriorWoodSiding
Bsmt/Fnd
RVRVParking,RVBoatStorage
URM
Basement
Foundation
Windows
Amenities

Features and Utilities

LivingBuiltinFeatures, CeilingFan
KitchenDishwasher, FreeStandingRange, FreeStandingRefrigerator, Pantry
InteriorCeilingFan, HighCeilings, Laundry, VinylFloor, WalltoWallCarpet, WoodFloors
ExteriorCrossFenced, DogRun, Fenced, Garden, GuestQuarters, Outbuilding, Porch, RaisedBeds, RVParking, WaterFeature, W
AccessibilityMainFloorBedroomBath, UtilityRoomOnMain
CoolMiniSplit
WaterElectricity
HeatForcedAir
SewerSepticTank
Hot WaterElectricity
FuelElectricity

Financial

PTax/Yr3428.86
HOA0
HOA Incl
HOA Fee
Other Dues
Terms ConsideredCash,Conventional
List Date07-10-2025
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date
DOM 229
CDOM 229
Sold Date
TermsCash,Conventional
Original Price$850,000
List Price$720,000
Sold Price
Last ModifiedFeb 23, 2026 08:03

Schools

Elementary : Prairie Mtn N/A Ratings

public Middle : Shasta 5/10 Ratings

public High : Willamette 3/10 Ratings

Map

Listing courtesy of Pro Realty.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Feb 24, 2026 03:55 | Listing last modified Feb 23, 2026 08:03. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

5320 ROYAL AVE