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22479 S Penman Rd, Oregon City, OR 97045 — photograph 1

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22479 S Penman Rd, Oregon City, OR 97045 — photograph 1
4 Beds2.5 Baths2,440 sqft

22479 S Penman Rd, Oregon City

$924,900

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ActiveMLS®: 541748866Listing held by another brokerage, marked RMLS
Price per sqft
$379.06
Built in
1973
Property size
2,440 sqft
Lot size
3.14 acres
Property type
Residential
Days on market
82

Overview

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!

Details

Interior

Interior features
Garage Door Opener, Skylight, Wall to Wall Carpet, Washer / Dryer, Wood Floors
Appliances
Dishwasher, Free Standing Range, Free Standing Refrigerator, Microwave, Pantry, Tile
Fireplace
Yes
Fireplaces
2
Fireplace description
Stove, Wood Burning
Cooling
Yes
Cooling description
Heat Pump, Mini Split
Heating
Yes
Heating description
Heat Pump, Mini Split, Wood Stove

Exterior and lot

Lot size
3.14 acres
Exterior features
Barn, Covered Patio, Deck, Patio, RV Parking, Second Garage, Tool Shed, Workshop, Yard
Lot features
Cleared, Level, Pond
Architectural style
Ranch, Split
Roof
Composition
View
Yes
View description
Pond, Trees / Woods

Utilities

Sewer
Septic Tank
Water source
Well

Parking

Garage spaces
4
Parking
Driveway
Total parking
4

Schools

High school
Canby
Middle school
Baker Prairie
Elementary school
Carus

Location

City
Oregon City
County
Clackamas
Zoning
FF10

Taxes and dues

Annual taxes
$6,496 (2025)

Location

22479 S Penman Rd, Oregon City, OR 97045

Map showing the location of 22479 S Penman Rd, Oregon City, OR 97045
© Mapbox © OpenStreetMap

Monthly payment estimate

$5,464 /mo

20% · $184,980
7.00%
Principal and interest
$4,923
Property tax (2025)
$541
Total
$5,464

Estimate only, and not an offer of credit. Assumes 20% down ($184,980) 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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