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49130 Happy Valley Rd, Diamond
$525,000
Save- 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

Monthly payment estimate
$3,217 /mo
- 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.





































