31970 FERN RD
Philomath, OR, 97370 $ 299,900
Bedrooms5 Baths1.0 Sq 2,276 Monthly Estimate*
$ 1,847
for $299,900 with 5 bedrooms and 1 full bath. This 2,276 square foot home was built in 1960 on a lot size of 0.91.
Fixer, Rare opportunity on nearly a full acre in beautiful Philomath, Oregon! Nestled in the heart of the Pacific Northwest, this spacious property offers incredible potential in one of Oregon’s most desirable real estate markets. Known for its stunning landscapes, temperate climate, and vibrant communities, Oregon attracts buyers seeking quality of life, outdoor recreation, and long-term property value.This generous lot provides privacy and room to grow, with a unique outdoor setting ideal for gardening, small-scale farming, or sustainable living. The property features an impressive collection of mature, fruit-bearing trees including fig, Asian pear, plum, and multiple varieties of apple double and triple-grafted for a diverse and extended harvest season. Established grapevines and a water feature with a koi pond add charm and serenity to the expansive yard.The large home presents solid bones and a flexible floor plan, ready for renovation or customization. Perfect for investors, renovators, or families looking to create their dream home, this fixer-upper offers excellent potential to build equity and capitalize on Oregon’s growing housing demand. There is ample space for additions and landscape enhancements to maximize the property’s value and appeal.Enjoy the peaceful rural lifestyle with quick access to Philomath and Corvallis—areas known for quality schools, local amenities, farm-to-table dining, and abundant outdoor activities including hiking, biking, and wine country exploration. If you’re searching for a unique property with land, mature fruit trees, and strong investment potential in Oregon’s thriving housing market, Bring your vision and unlock the full potential of this one-of-a-kind property!
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FeaturesGeneralSewer SepticTank
Heating Baseboard
Roof Composition
Zoning EFU
Garage Spaces 1.0
Architectural Style Stories1
Year Built 1960
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2024
Parcel Number 176416
County Benton
Property Type Residential
HOA N
Full Baths 1
Status Active
Directions From Philomath turn onto 13th st then onto Fern Rd.
High School Philomath
City Philomath
Disclosures Disclosure
MLS Area _220
Lot Size Square Feet 39639.0
Listing Terms Cash Rehab
Elementary School Philomath
Tax Annual Amount 3647.01
Middle/Junior High School Philomath
Property Condition Fixer
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 12S06W24SW MAP12624C001200
ADU False
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ExteriorExterior Amenities WaterFeature
Lot Features Level
Water Source Well
Total Parking 1.0
Garage Type Attached
Exterior Description WoodSiding
Foundation Details StemWall
Building Area Total 2276.0
Lot Size Acres 0.91
Road Surface Type Paved
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InteriorTotal Bathrooms 1.0
Total Bedrooms 5
Total Baths 1
1/2 Baths 0
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $1,847
- Monthly Property Taxes
- $304
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 Philomath, OR
Average List Price $658,750
Percent of Sale Price 120%
About Philomath, OR 4,509 Population
10% Since 2002
$ 53,920 Median Income
36.93 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4047764 Elementary School
1949647 Middle School
Philomath High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/1/2025 | $299,900 | -3.54% | Price Down |
| 11/3/2025 | $310,900 | -4.31% | Price Down |
| 10/16/2025 | $324,900 | -7.17% | Price Down |
| 10/6/2025 | $350,000 | | Listed Price |