40166 Gates School Road Gates, OR ^$ 990,000

40166 Gates School Road

^$ 990,000

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40166 Gates School Road

Gates, OR, 97346

^$ 990,000

Bedrooms3 Baths2.1 Sq 2,036

Monthly Estimate*

^$ 6,176

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Single Family Home for sale in Gates, OR

for $990,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,036 square foot home was built in 1992 on a lot size of 4.85.

Nestled on nearly 5 acres of riverfront within a private gated oasis, this property boasts 500+ ft of N Santiam frontage, ideal for fishing and recreation. Relax on the spacious deck or gather around the fire pit just steps from the water. A 30x48 insulated shop with heating/cooling, full bath, and RV hookups inside & out adds versatility. Perfect for family reunions or large events, it also offers fruit trees, vines, fenced garden, dog area, and woodshed. Bonus: no flood insurance required!

Single Family Active

Price

^$ 990,000

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 6,095

Style

Traditional

Lot Size

4.85

Year Built

1992

Town/City

Gates

County/Region

Marion

MLS | Web ID

220187703

Features

Interior

Interior Amenities Ceiling Fan(s) Kitchen Island Pantry Primary Downstairs Tile Shower Vaulted Ceiling(s) Walk-In Closet(s)

Basement None

Flooring Carpet Laminate

Fireplace Features Living Room Wood Burning

Common Walls No Common Walls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N Y

Half Baths 1

Total Bedrooms 3

Total Baths 3

Heating-Heat Pump True

Heating-Forced Air True

General

Sewer Septic Tank

Heating Forced Air Heat Pump

Cooling Heat Pump

Roof Composition

Appliances Cooktop Dishwasher Disposal Microwave Oven Refrigerator Water Heater

Garage Spaces 3.0

Architectural Style Traditional

Construction Materials Concrete

Year Built 1992

View Mountain(s) Panoramic River Territorial Valley

Levels One

Property Subtype Single Family Residence

Tax Year 2023

Waterfront Features River Front

County Linn

New Construction N

Property Type Residential

HOA N

Attached Garage N

Subdivision Name N/A

Garage Y/N Y

Other Structures RV/Boat Storage Shed(s) Workshop

Full Baths 2

Status Active

High School Check with District

City Gates

Senior Community Y/N N

Zoning Description RR2.5

Lot Size Units Acres

Lot Size Square Feet 211266.0

Carport Y/N N

Elementary School Check with District

Land Lease Y/N N

Tax Annual Amount 6095.0

Home Warranty Y/N N

Middle/Junior High School Check with District

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Accessory Dwelling Unit Y/N N

Exterior

Exterior Amenities Fire Pit RV Dump RV Hookup

Parking Features Detached Driveway Gravel RV Access/Parking RV Garage

Lot Features Fenced Garden Landscaped Level Sloped

Water Source Public

Lot Size Area 4.85

Foundation Details Concrete Perimeter

Spa N

Building Area Total 2036.0

Lot Size Acres 4.85

Road Surface Type Gravel

Waterfront Y/N Y

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 40166

* Excluded Features

List By

Paul J Terjeson

Listing Agent

Keller Williams Realty Mid-Willamette

Broker

pterjy@kw.com

Affordability Calculator

$6,684

Per Month

Monthly Principal & Interest: $6,176
Monthly Property Taxes: $508
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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.

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Nearby

Trends
Schools

Single family listings in Gates, OR

Average List Price ^$713,800

Percent of Sale Price 28%

About Gates, OR

382 Population

3% Since 2002

^$47,465 Median Income

50.98 Median Age

15% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2915507 Elementary School

2915625 Middle School

Check with District High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/1/2025	$990,000	-3.41%	Price Down
5/8/2025	$1,025,000	-1.44%	Price Down
2/24/2025	$1,040,000	-0.95%	Price Down
1/21/2025	$1,050,000	-4.55%	Price Down
9/6/2024	$1,100,000	-7.56%	Price Down
8/28/2024	$1,190,000	-0.83%	Price Down
8/6/2024	$1,200,000		Listed Price

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40166 Gates School Road, Gates, OR, 97346 is a Single Family Home for sale at $990,000 with 2,036 sqft and a lot size of 4.85. 40166 Gates School Road has 3 bedrooms, 2.1 baths, and was built in 1992. The property's zip code is 97346 which is in Gates, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

© 2020 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Weichert Realtors are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Weichert Realtors.

Data is updated as of 12/7/2025.

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40166 Gates School Road

Single Family Home for sale in Gates, OR

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