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49130 Happy Valley Rd, Diamond, OR 97722 — photograph 1

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49130 Happy Valley Rd, Diamond, OR 97722 — photograph 1
10 Beds7.5 Baths5,324 sqft

49130 Happy Valley Rd, Diamond

$525,000

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ActiveMLS®: 331974445Listing held by another brokerage, marked RMLS
Price per sqft
$98.61
Built in
1898
Property size
5,324 sqft
Lot size
1.59 acres
Property type
Residential
Days on market
155

Overview

A rare opportunity to own an iconic Eastern Oregon property offering exceptional flexibility for residential living, multigenerational use, retreat-style housing, or care facility potential. Originally established in 1898, this historic Diamond Valley property blends timeless western character with an expansive layout designed to accommodate a variety of living arrangements and lifestyle needs. The residence features 10 bedrooms, including 5 private suites with ensuite bathrooms, plus additional guest rooms served by shared bath facilities, creating an ideal setup for extended family living, hosted retreats, assisted living potential, in-home healthcare services, employee housing, group lodging, or a bed & breakfast operation. Spacious common areas, inviting covered porches, dining and gathering spaces, and warm rustic interiors create an atmosphere centered around comfort, connection, and hospitality. Surrounded by the scenic beauty of Eastern Oregon near Steens Mountain and the Malheur National Wildlife Refuge, the property offers a peaceful and private setting with room to relax, gather, and enjoy the outdoors. The tranquil rural environment is especially appealing for buyers seeking a slower pace of life, wellness-focused living, retreat opportunities, or long-term residential flexibility.

Details

Interior

Interior features
Laundry, Washer / Dryer
Appliances
Built-in Refrigerator, Convection Oven, Cooktop, Dishwasher, Free Standing Gas Range, Free Standing Range, Island, Range Hood
Cooling
Yes
Cooling description
Central Air
Heating
Yes
Heating description
Forced Air
Windows
Double Pane Windows, Vinyl Frames

Exterior and lot

Lot size
1.59 acres
Exterior features
Fenced, Garden, Outbuilding, Porch, Poultry Coop, RV / Boat Storage, Tool Shed, Yard
Lot features
Level, Private, Trees
Architectural style
Two Stories, Farmhouse
Roof
Composition
View
Yes
View description
Mountain

Utilities

Sewer
Standard Septic
Water source
Private, Well

Parking

Garage spaces
4
Parking
Driveway
Total parking
4

Schools

High school
Crane Union
Middle school
Crane
Elementary school
Diamond

Location

City
Diamond
County
Harney
Zoning
Res

Taxes and dues

Annual taxes
$5,078 (2025)

Location

49130 Happy Valley Rd, Diamond, OR 97722

Map showing the location of 49130 Happy Valley Rd, Diamond, OR 97722
© Mapbox © OpenStreetMap

Monthly payment estimate

$3,217 /mo

20% · $105,000
7.00%
Principal and interest
$2,794
Property tax (2025)
$423
Total
$3,217

Estimate only, and not an offer of credit. Assumes 20% down ($105,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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