20700 SW CHERRY HILL RD
Sheridan, OR, 97378 $ 695,000
Bedrooms4 Baths2.0 Sq 2,768 Monthly Estimate*
$ 4,279
for $695,000 with 4 bedrooms and 2 full baths. This 2,768 square foot home was built in 1962 on a lot size of 5.56.
Discover the perfect blend of modern comfort and wide-open space. Set on more than 5.5 acres with sweeping panoramic views, this beautifully remodeled 4-bedroom, 2-bath home with a bonus room offers room to breathe, play, and create the lifestyle you’ve always imagined. Every inch of this home has been thoughtfully updated, including a new roof, siding, plumbing, electrical, and fresh interior and exterior paint. Upstairs, a bright modern kitchen features sleek finishes and abundant natural light, opening to a freshly painted deck where you can take in breathtaking Willamette Valley sunsets. Downstairs, a newly built covered patio provides the perfect setting for gatherings or quiet evenings outdoors. The flexible dual-living layout makes this home ideal for multigenerational living, hosting guests, or generating rental income. There’s ample space for RVs, boats, or hobbies, and plenty of room to expand, garden, or explore hobby farming. Located just 15 minutes from Spirit Mountain Casino and 40 miles from the Oregon Coast, this property offers peaceful country living with quick access to entertainment, wine country adventures, and nature. If you’ve been searching for acreage, views, and a turnkey home at exceptional value, this is your opportunity. Call today to ask about the generous incentive package and come experience all that this property has to offer.
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FeaturesInteriorInterior Amenities ConcreteFloor LuxuryVinylPlank WasherDryer
Basement Daylight
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Gas
Window Features DoublePaneWindows
Total Bathrooms 2.0
Total Bedrooms 4
Total Baths 2
1/2 Baths 0
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GeneralSewer StandardSeptic
Heating ForcedAir WoodStove
Roof Shingle
Appliances Dishwasher Disposal FreeStandingGasRange FreeStandingRefrigerator GasAppliances Microwave PotFiller Quartz
Zoning VLDR-5
Garage Spaces 2.0
Architectural Style Stories2 DaylightRanch
Year Built 1962
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2024
Parcel Number 216135
Accessibility AccessibleDoors GarageonMain MainFloorBedroomBath NaturalLighting Parking WalkinShower
County Yamhill
Property Type Residential
HOA N
Full Baths 2
Status Pending
Directions W Valley Hwy R on NE Cherry Hill Rd L on SW Valley View Ln Property on L.
High School Sheridan
City Sheridan
Disclosures Disclosure
MLS Area _156
Lot Size Square Feet 242193.0
Listing Terms Cash Conventional
Elementary School Faulconer-Chap
Tax Annual Amount 1973.03
Middle/Junior High School Faulconer-Chap
Property Condition UpdatedRemodeled
Virtual Tour https://my.matterport.com/models/1C88boxTxpw?section=media
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description PT LOTS 4 & 5 IN SHERIDAN HEIGHTS
ADU False
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ExteriorExterior Amenities Barn CoveredPatio Deck Fenced FirePit FreeStandingHotTub Gazebo RVParking RVBoatStorage Yard
Parking Features Driveway RVAccessParking
Lot Features Pasture PrivateRoad Sloped Trees
Water Source Well
Total Parking 2.0
Garage Type Detached
Exterior Description CementSiding LapSiding
Foundation Details ConcretePerimeter
Building Area Total 2768.0
Lot Size Acres 5.56
Road Surface Type Dirt Gravel
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* Excluded FeaturesList ByRealty One Group Willamette ValleyBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,279
- Monthly Property Taxes
- $164
- 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 Sheridan, OR
Average List Price $676,131
Percent of Sale Price 3%
About Sheridan, OR 5,983 Population
13% Since 2002
$ 41,727 Median Income
36.85 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
1950767 Elementary School
1950564 Middle School
Sheridan High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/14/2025 | $695,000 | -2.80% | Price Down |
| 10/16/2025 | $715,000 | -4.65% | Price Down |
| 9/15/2025 | $749,900 | -3.24% | Price Down |
| 7/22/2025 | $775,000 | -2.52% | Price Down |
| 6/11/2025 | $795,000 | | Listed Price |