545 SE PALMER LN
Dayton, OR, 97114 $ 779,000
Bedrooms5 Baths3.0 Sq 2,822 Monthly Estimate*
$ 4,919
for $779,000 with 5 bedrooms and 3 full baths. This 2,822 square foot home was built in 1996 on a lot size of 1.11.
A 2 bed, 1 bth, 1144sqft Fog & Fern Cottage is the headline here, and for good reason. Completely separate from the main home, this beautifully renovated guest cottage generated more than $24,000 in Airbnb income in just six months, offering a rare opportunity to pair a memorable home with proven income potential. Inside, original wood shiplap has been restored and paired with new vinyl flooring, mini-split heating and cooling, a remodeled bath with walk-in shower, and a showstopping 18-foot insulated glass garage door that floods the space with natural light. A newer private deck and fenced patio create an inviting outdoor escape for guests, extended stays, or multigenerational living. Tucked behind star jasmine, flowering trees, and layers of established landscaping, the main home feels delightfully removed from the everyday. Its dramatic black exterior gives way to a warm, character-filled interior with new vinyl flooring through the living room, kitchen, and bath, refreshed kitchen countertops and backsplash, an updated primary bath, and a custom fireplace surround with built-in shelving that makes the living room feel instantly settled-in. The roof is ~4 years new, adding another meaningful update to the list. Outside, the property earns its Orchard Hideaway name. Wander the flagstone path past apple, pear, Rainier cherry, peach, blueberry, strawberry, rhubarb, and table grape plantings, along with rosemary, oregano, Japanese cherry blossoms, ornamental pears, and seasonal flowers. There’s even a partially completed chicken-coop setup waiting for its future flock. This isn’t simply a home with an ADU tucked out back. It’s a private little compound with two distinct living spaces, established guest appeal, edible gardens, and room to imagine what comes next, all wrapped in the charm of the Willamette Valley. Seller is offering a buyer incentive! Enjoy a lower interest rate for the first year with a buy-down through the preferred lender at no cost to the buyer.
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FeaturesInteriorInterior Amenities AccessoryDwellingUnit CeilingFan CentralVacuum JettedTub Laundry LuxuryVinylPlank Skylight TileFloor VaultedCeiling WalltoWallCarpet
Basement None
Total Fireplaces 1
Fireplace Features Propane
Hot Water Electricity
Total Bathrooms 3.0
Total Bedrooms 5
Total Baths 3
1/2 Baths 0
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GeneralSewer PublicSewer
Heating ForcedAir HeatPump
Cooling HeatPump
Roof Composition
Appliances ApplianceGarage BuiltinOven BuiltinRange CookIsland Dishwasher Disposal DownDraft FreeStandingRefrigerator Microwave StainlessSteelAppliance
Zoning R1
Garage Spaces 2.0
Architectural Style Stories1 Ranch
Security Features SecurityGate
Year Built 1996
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 485653
Waterfront Features Creek Seasonal
Accessibility GroundLevel MainFloorBedroomBath NaturalLighting OneLevel Parking Pathway UtilityRoomOnMain
County Yamhill
Property Type Residential
HOA N
Full Baths 3
Status Active
Directions Ferry St to Hwy 221/Wallace Rd over bridge first left on Palmer Ln located on left side of street
High School Dayton
City Dayton
Body of Water Palmer Creek
Disclosures Disclosure
MLS Area _156
Lot Size Square Feet 48351.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Dayton
Tax Annual Amount 5433.66
Middle/Junior High School Dayton
Property Condition Resale
Virtual Tour https://briteroom.aryeo.com/videos/019e9376-23d9-7089-9d2c-b38f8c22870e?v=308
Standard Status Active
Accessory Dwelling Unit Y/N Y
Legal Description LOT 5 IN LORENZEN'S ADDITION
ADU True
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ExteriorExterior Amenities AccessoryDwellingUnit Fenced Garden Porch PoultryCoop RVParking ToolShed Yard
Parking Features Driveway RVAccessParking
Lot Features FlagLot Gated Private Trees
Water Source PublicWater
Total Parking 2.0
Garage Type Converted
Exterior Description WoodSiding
Foundation Details Slab
Building Area Total 2822.0
Lot Size Acres 1.11
Road Surface Type Gravel Paved
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $4,919
- Monthly Property Taxes
- $453
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 Dayton, OR
Average List Price $800,638
Percent of Sale Price 3%
About Dayton, OR 2,633 Population
31% Since 2002
$ 58,596 Median Income
35.67 Median Age
43% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949606 Elementary School
1950953 Middle School
Dayton High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/28/2026 | $779,000 | -2.50% | Price Down |
| 7/17/2026 | $799,000 | -3.15% | Price Down |
| 6/7/2026 | $825,000 | | Listed Price |