22479 S PENMAN RD
Oregon City, OR, 97045 $ 989,900
Bedrooms4 Baths2.1 Sq 2,440 Monthly Estimate*
$ 6,250
for $989,900 with 4 bedrooms and 2 full baths, 1 half bath. This 2,440 square foot home was built in 1973 on a lot size of 3.14.
Welcome to this exceptional Oregon City acreage property with many upgrades and improvements! Set on 3.14 acres, this 4-bedroom, 2.5-bath home offers privacy, flexibility, and an incredible list of features for those looking for space both inside and out.The home has been thoughtfully improved with a 12.9 kW solar system with battery backup, a newer HVAC/heat pump system, and two mini-splits with a transferable lifetime warranty. The solar system helps keep utility costs impressively low. Appliances stay, and the kitchen offers a convenient pantry. A woodstove adds warmth and character. The property is ideal for hobbies, animals, and outdoor living. Enjoy a sealed deck, indoor/outdoor surround sound, pond, cherry tree, new shed with power, wood storage, barn, horse stall, and additional outbuildings for toys and equipment. The barn features extra rooms offering versatile space for storage, hobbies, a workshop, or other uses, along with a new electrical panel and a newer roof installed in 2024. The main home roof was replaced in 2018. Additional improvements include a new water treatment system with filters changed every three month and a septic system that was pumped and inspected in March. The property also offers RV parking with a septic connection behind the parking area that could potentially be converted to an RV hookup.The flexible layout provides dual-living potential, with an additional laundry hookup downstairs, making this property ideal for extended family, guests, or those wanting separate living spaces. With acreage, established improvements, abundant storage, versatile barn space, and room for animals and recreational equipment, this property offers an incredible opportunity to enjoy the best of country living while remaining close to Oregon City amenities. Extensive upgrades, usable acreage, exceptional outbuildings, and endless flexibility—come see all this property has to offer!
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FeaturesInteriorInterior Amenities GarageDoorOpener Skylight WalltoWallCarpet WasherDryer WoodFloors
Basement Daylight ExteriorEntry FullBasement
Total Fireplaces 2
Fireplace Features Stove WoodBurning
Hot Water Electricity
Total Bathrooms 2.1
Total Bedrooms 4
Total Baths 3
1/2 Baths 1
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GeneralSewer SepticTank
Heating HeatPump MiniSplit WoodStove
Cooling HeatPump MiniSplit
Roof Composition
Appliances Dishwasher FreeStandingRange FreeStandingRefrigerator Microwave Pantry Tile
Zoning FF10
Garage Spaces 4.0
Architectural Style Ranch Split
Year Built 1973
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 00900243
County Clackamas
Property Type Residential
HOA N
Full Baths 2
Status Active
Directions New Era or Carus to Penman Rd. Look for directional sign at road for shared gravel driveway.
High School Canby
City OregonCity
Disclosures Disclosure
MLS Area _146
Lot Size Square Feet 136778.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Carus
Tax Annual Amount 6495.96
Middle/Junior High School Baker Prairie
Property Condition Resale
Virtual Tour https://www.zillow.com/view-3d-home/702daf92-8582-459a-9313-889023278798?setAttribution=mls&wl=true&utm_source=dashboard
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 30 TOWNSHIP 3S RANGE 2E TAX LOT 02400
ADU False
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ExteriorExterior Amenities Barn CoveredPatio Deck Patio RVParking SecondGarage ToolShed Workshop Yard
Parking Features Driveway
Lot Features Cleared Level Pond
Water Source Well
Total Parking 4.0
Garage Type Attached Detached
Exterior Description MetalSiding
Foundation Details Slab StemWall
Building Area Total 2440.0
Lot Size Acres 3.14
Road Surface Type Gravel Paved
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $6,250
- Monthly Property Taxes
- $541
- 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 Oregon City, OR
Average List Price $809,684
Percent of Sale Price 18%
About Oregon City, OR 56,093 Population
24% Since 2002
$ 71,813 Median Income
42.07 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
1950841 Elementary School
1951231 Middle School
Canby High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/11/2026 | $989,900 | | Listed Price |