20497 E LOLO PASS RD
Rhododendron, OR, 97049 $ 985,000
Bedrooms5 Baths3.0 Sq 4,187 Monthly Estimate*
$ 6,547
for $985,000 with 5 bedrooms and 3 full baths. This 4,187 square foot home was built in 1986 on a lot size of 2.9.
This property offers A+ Airbnb potential with vacation rental projections comfortably accommodating 10-14 guests, with 2 potential primary suites. Enjoy hiking, skiing, & more in the heart of the Pacific Northwest's Mt. Hood National Forest, with attractions like Government Camp, Timberline Lodge, & Mt. Hood Ski Bowl just a short distance away. With a projected rental income of $60,000 - $80,000 per year, from a local vacation rental company this property has a promising return on investment. Whether your wanting this home for an investment, primary or a bit of both this home has you covered. JAW DROPPING interior & exterior VIEWS MT HOOD, Zigzag mountains nestled amongst serene wilderness Located on 2.9 acres with over 4,100 sf of spacious & abundant living spaces with 5 beds, 3 baths, multiple flex, living + storage spaces. Wake up to sunrise views with multiple cedar decks to soak it all in. Also featured is a bathroom with jetted tub, primary bedroom with breath taking Mt Hood, wilderness views, walk in closet, knotty pine ceiling and walls, newer carpet, vaulted ceiling in living room, dining room opening to cedar deck and expansive nature views, gas propane fireplace, 80 gallon electric water heater , interior sprinkler system with compressor designed to deliver water to the room needed instead of relying on the well pump. 600 gallons of water in sprinkler tank , plentiful windows for light and viewing of nature, sunrise, and Mt Hood, cedar and fiber cement siding, 50 Year roof installed 1991, 30 year roof installed approx. 2007 on home addition, outlet for generator, NEW 2023-1350 gallon holding tank , water pressure is constant at 60 PSI, fenced garden area, cedar decking & railing system. WOW. Make an appointment today to view this fantastic property!
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FeaturesGeneralInterior Features CeilingFan JettedTub Laundry Sprinkler TileFloor VaultedCeiling WalltoWallCarpet WasherDryer
Sewer SepticTank
Heating ForcedAir
Cooling None
Roof Composition
Appliances FreeStandingRefrigerator
Exterior Features Deck
Zoning RRFF5
Garage Spaces 2.0
Architectural Style CustomStyle
Security Features FireSprinklerSystem
Year Built 1986
Stories 4
Property SubType SingleFamilyResidence
Tax Year 2023
County Clackamas
Property Type Residential
Status Active
Directions US-26 E/Mt Hood Hwy in Boring from OR-212 E to Turn left onto E Lolo Pass Rd
High School Sandy
City Rhododendron
Disclosures Disclosure
MLS Area _153
Lot Size Square Feet 126324.0
Street Name LOLO PASS
Listing Terms Cash Conventional FHA USDALoan
Elementary School Welches
Tax Annual Amount 6825.64
Middle/Junior High School Welches
Property Condition Resale
Virtual Tour https://my.matterport.com/show/?m=3VZy2YtvCAV&brand=0
Days on Market 156
Standard Status Active
Legal Description SECTION 23 TOWNSHIP 2S RANGE 7E QUARTER D TAX LOT 01901
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InteriorBasement CrawlSpace
Total Fireplaces 1
Fireplace Features Propane
Hot Water Electricity
Window Features DoublePaneWindows VinylFrames
Full Baths 3
Street Suffix RD
Total Bathrooms 3.0
Total Bedrooms 5
Total Baths 3
1/2 Baths 0
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ExteriorParking Features Driveway RVAccessParking
Lot Features Private Trees
Water Source Well
Total Parking 2.0
Garage Type Attached Converted
Exterior Description Cedar CementSiding
Building Area Total 4187.0
Lot Size Acres 2.9
Road Surface Type Gravel
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* Excluded FeaturesList ByMelissa@MelissaLewisHomes.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,547
- Monthly Property Taxes
- $569
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Rhododendron, OR
Average List Price $690,248
Percent of Sale Price 30%
About Rhododendron, OR 1,943 Population
0% Since 2002
$ 61,077 Median Income
47.66 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949236 Elementary School
1950760 Middle School
Sandy High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/26/2024 | $985,000 | -8.37% | Price Down |
1/6/2024 | $1,075,000 | | Listed Price |