355 BANKS CREEK RD
Sutherlin, OR, 97479 $ 1,550,000
Bedrooms3 Baths2.1 Sq 1,668 Monthly Estimate*
$ 9,544
for $1,550,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,668 square foot home was built in 1906 on a lot size of 90.93.
Rare legacy property offering 90+ acres of privacy, beauty, and income production. This exceptional holding features a year-round, spring-fed pond with $20,000 invested in sediment removal in 2025 providing excellent water and outstanding recreational appeal. Two creeks and natural springs further support the pond and offer future opportunities. The land is both productive and picturesque. Established organic blueberries benefit from perfected irrigation water rights and produce a rare fall harvest, with an unusual and highly valuable market advantage. Buyer can continue commercial operations, offer U-pick or just personal use. There are fruit trees (apples, pears, plums), walnuts, plus 56 acres of timber planted in 2001. Wildlife is abundant, with frequent visits from elk, deer, turkeys, ducks, and geese - the best neighbors! The pond supports bass, bluegill, and catfish, a true outdoor enthusiast’s retreat. The property adjoins BLM and large timber holdings, ensuring exceptional privacy and breathtaking views best enjoyed from the covered front porch of the charming 1906 Craftsman home in very good condition and loaded with character. The main level includes a smaller bedroom adjoining a spacious family room, ideal for conversion into a beautiful ensuite with minimal remodeling. Upstairs offers two large bedrooms with a Jack-and-Jill bathroom and generous closet/storage space for each. Garage has full bath. Equestrian and livestock potential with beautiful pastures; a 60’x40’ barn with panels, stalls, electricity, and water plus a 40’x20’ barn with tack room & covered pens; and a fabulous 60'x31' shop or RV barn with concrete floor, water and separate power supply to the ranch. A knowledgeable manager is open to continuing blueberry operations, offering a smooth transition for new ownership. Opportunities like this are rare - expansive acreage, a classic home, abundant water, income potential, and unmatched natural beauty. Don't blink - this one won't last.
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FeaturesInteriorInterior Amenities GarageDoorOpener HighCeilings Laundry VinylFloor WoodFloors
Basement CrawlSpace
Total Fireplaces 1
Fireplace Features Stove WoodBurning
Hot Water Electricity
Total Bathrooms 2.1
Total Bedrooms 3
Total Baths 3
1/2 Baths 1
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GeneralSewer StandardSeptic
Heating HeatPump WoodStove
Cooling HeatPump
Roof Composition
Appliances FreeStandingRange FreeStandingRefrigerator
Zoning FF/FG
Garage Spaces 2.0
Architectural Style Stories2 Craftsman
Year Built 1906
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R17368
Waterfront Features Creek Other
County Douglas
Property Type Residential
HOA N
Possible Use Berries
Full Baths 2
Status Active
Directions 8 miles east of Sutherlin on Nonpareil. Right on Banks Creek. 2/10 mi. to home on right.
High School Sutherlin
City Sutherlin
Disclosures Disclosure
MLS Area _256
Lot Size Square Feet 3960910.0
Listing Terms Cash Conventional FarmCreditService StateGILoan VALoan
Elementary School Sutherlin
Tax Annual Amount 1439.29
Middle/Junior High School Sutherlin
Property Condition Approximately
Virtual Tour https://youtu.be/i63-HZY_HF4
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TRACT PT M&B VOL 151 PG 54 D LESS 1.20 AC RD ACRES 19.66
ADU False
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ExteriorExterior Amenities Barn CoveredDeck Fenced Outbuilding Porch RaisedBeds RVParking RVBoatStorage Workshop Yard
Fencing Electric Other
Parking Features Driveway RVAccessParking
Lot Features GentleSloping Level MerchantableTimber Pasture Pond Private
Water Source Spring Well
Total Parking 2.0
Garage Type Detached Oversized
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 1668.0
Lot Size Acres 90.93
Road Surface Type Gravel
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* Excluded FeaturesList ByCutting Edge Real EstateBroker
marilyn@cuttingedge.landEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,544
- Monthly Property Taxes
- $120
- 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 Sutherlin, OR
Average List Price $389,451
Percent of Sale Price 75%
About Sutherlin, OR 8,079 Population
17% Since 2002
$ 38,442 Median Income
43.78 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
1951089 Elementary School
1949325 Middle School
Sutherlin High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/22/2026 | $1,550,000 | | Listed Price |