5816 MARTIN RD
Florence, OR, 97439 $ 1,499,000
Bedrooms4 Baths4.1 Sq 3,132 Monthly Estimate*
$ 9,230
for $1,499,000 with 4 bedrooms and 4 full baths, 1 half bath. This 3,132 square foot home was built in 2005 on a lot size of 2.98.
Truly one-of-a-kind, this Munsel Lake waterfront retreat features two southern facing homes nestled on a secluded 2.98-acre oasis surrounded by forest and sheltered from coastal winds. With no HOA, this property offers excellent potential as a short-term rental investment or an incredible full-time residence.The custom-built main home spans 3,132 square feet and was thoughtfully designed with two primary suites—one on the main level and another upstairs with sweeping views of untouched natural surroundings. Blending privacy, comfort, and space, the home features 3 bedrooms, 3.5 bathrooms, an oversized attached garage, a spacious bonus room or den with a double-sided fireplace, formal living and dining rooms, a walk-in pantry, laundry room, and a bright breakfast nook.Expansive wraparound multi-level decking and walls of windows fill the home with natural light while showcasing breathtaking views of Munsel Lake and the surrounding forest.A second private driveway leads directly to the docks, beach area, and guest house, offering the possibility of stair-free water access.The charming waterfront cottage, approximately 900 square feet, includes 1 bedroom, 1 bathroom, a loft, kitchen, living room, and a detached drive-through garage/workshop—ideal for guests, multigenerational living, or rental income.Both homes enjoy lakefront positioning with private access to serene forest views, a private dock, and a sandy beach area. The nearly 3-acre property also offers RV and boat parking, along with leveled areas that may accommodate a future ADU or additional parking.Recent improvements include fresh exterior paint on both homes, a rebuilt dock, new deck railings throughout, and more, making this remarkable property move-in ready for it's next owners.Occupied. Shown by appointment only.
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FeaturesInteriorInterior Amenities AccessoryDwellingUnit CeilingFan GarageDoorOpener HighCeilings LaminateFlooring Laundry SoakingTub
Basement CrawlSpace DirtFloor
Total Fireplaces 1
Fireplace Features Gas
Hot Water Electricity
Window Features DoublePaneWindows
Total Bathrooms 4.1
Total Bedrooms 4
Total Baths 5
1/2 Baths 1
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GeneralSewer SepticTank
Heating WallHeater Zoned
Cooling None
Roof Composition Membrane
Appliances BuiltinRange BuiltinRefrigerator Dishwasher Pantry RangeHood SolidSurfaceCountertop
Zoning RR5
Garage Spaces 2.0
Architectural Style Stories2 CustomStyle
Year Built 2005
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 0781599
Waterfront Features Lake
Accessibility AccessibleApproachwithRamp AccessibleEntrance GarageonMain MainFloorBedroomBath NaturalLighting Parking WalkinShower
County Lane
Property Type Residential
HOA N
Full Baths 4
Status Active
Directions Munsel to Nordhal to Martin
High School Siuslaw
City Florence
Body of Water Munsel Lake
Disclosures Disclosure
MLS Area _230
Lot Size Square Feet 129808.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Siuslaw
Tax Annual Amount 7060.54
Middle/Junior High School Siuslaw
Property Condition Resale
Virtual Tour https://www.hommati.com/3DTour-AerialVideo/unbranded/5816-Martin-Rd-Florence-Or-97439--HPI67679138
Standard Status Active
Accessory Dwelling Unit Y/N Y
Legal Description 18-12-13-00-01100-000
ADU True
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ExteriorExterior Amenities AccessoryDwellingUnit Deck Dock FirePit GasHookup GuestQuarters OutdoorFireplace Patio Porch PrivateRoad RVParking RVBoatStorage SecondGarage SecondResidence SecurityLights ToolShed WaterFeature Work
Parking Features Driveway OffStreet
Lot Features Cleared GentleSloping PrivateRoad Terraced Trees Wooded
Water Source PublicWater
Total Parking 2.0
Garage Type Attached Oversized
Exterior Description VinylSiding
Foundation Details PillarPostPier
Building Area Total 3132.0
Lot Size Acres 2.98
Road Surface Type Gravel Paved
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* Excluded FeaturesList ByFathom Realty Oregon, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $9,230
- Monthly Property Taxes
- $588
- 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 Florence, OR
Average List Price $592,185
Percent of Sale Price 60%
About Florence, OR 9,592 Population
28% Since 2002
$ 35,291 Median Income
57.64 Median Age
11% Households with Children
Trends Information provided by ATTOM Data Solutions.
1951246 Elementary School
1949898 Middle School
Siuslaw High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/19/2026 | $1,499,000 | -3.23% | Price Down |
| 2/12/2026 | $1,549,000 | | Listed Price |