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118 Airport Dr, Cave Junction, OR, 97523

4beds
3baths
3,133sqft
$750,000
$239price/sqft
$4,984/moest. monthly cost
$199,360/yrincome needed

About This Home

Private 15.57-acre retreat bordering BLM land with Mendenhall Creek, abundant wildlife, mature trees, and exceptional privacy. Built in 2018, the custom 4-bedroom home features a commercial-style kitchen, spacious gathering areas, quality finishes, and a luxurious primary suite with private balcony. Established gardens, fruit trees, berries, RV hookups, and infrastructure are already in place. The property also includes a substantial two-story towered structure with shop space, apartment area, offering outstanding potential for hobbies, entertaining, storage, creative projects, or future expansion. Enjoy nearby hiking, horseback riding, fishing, the Oregon Caves, Redwood Forest, rivers, and the Oregon Coast. Small assumable loan may be available.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
8/10
6/10

Construction

Condition

  • Year built: 2018

Materials

  • Foundation: Stemwall
  • Roof: Composition
  • Construction materials: Concrete,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Instant Hot Water,Cooktop,Disposal,Double Oven,Range Hood,Refrigerator

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Smart Lock(s),Smart Light(s),Breakfast Bar,Built-in Features,Ceiling Fan(s),Dry Bar,Dual Flush Toilet(s),Enclosed Toilet(s),Granite Counters,Kitchen Island,Linen Closet,Pantry,Primary Downstairs,Shower/Tub Combo,Smart Thermostat,Soaking Tub,Tile Shower,Walk-In Closet(s),Wet Bar
  • Window features: ENERGY STAR Qualified Windows
  • Flooring: Carpet,Stone,Tile
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,133
  • Total interior livable area: 3,133 sqft

Property

Details

  • Parcel number: R346760
  • Zoning description: S; Serpentine
  • Special condition: Standard
  • Exclusions: N/A

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Patio
  • Exterior features: RV Dump,RV Hookup
  • Has view: Yes
  • View description: Pond
  • Has water view: Yes
  • Water view: Pond
  • Waterfront features: Pond,Creek

Lot

  • Lot size: 15.57 Acres
  • Features: Adjoins Public Lands,Garden,Marketable Timber,Native Plants,Pasture,Wooded

Parking

  • Parking features: Detached Carport,Driveway,Gated,Gravel,Storage,Workshop in Garage
  • Has uncovered spaces: Yes
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Wildfire
    WildfireVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

Inland Flooding
Wildfire
Earthquake
Heat Wave
Winter Weather

FEMA Declared Disasters in Josephine County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,792$45,504
Home Insurance *$307$3,684
Property Taxes $601$7,212
Electricity $284$3,411
Total$4,984$59,808
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$170,880/yr
40% on housing$149,520/yr
45% on housing$132,906/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.1%
12.1%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$239This listing

vs Other Active Listings

Avg $/sqft

ZIP 97523$233
Josephine County$221

vs Homes Sold Last Month

Median $/sqft

ZIP 97523$185
Josephine County$253

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-11Price change$750,000
2026-04-08Pending sale$757,500
2026-04-01Listing removed$757,500
2026-02-03Price change$757,500
2025-11-19Price change$760,000
2025-11-04Price change$762,500
2025-10-16Price change$765,000
2025-10-01Price change$767,500
2025-09-16Price change$770,000
2025-09-02Price change$772,500
2025-08-18Price change$775,000
2025-08-01Price change$777,500
2025-07-16Price change$780,000
2025-07-01Price change$782,500
2025-06-16Price change$785,000
2025-06-02Price change$787,500
2025-05-16Price change$790,000
2025-05-01Price change$792,500
2025-04-15Price change$795,000
2025-04-02Price change$797,500
2025-03-17Price change$800,000
2025-03-03Price change$802,500
2025-02-17Price change$805,000
2025-02-03Price change$807,500
2025-01-22Listed for sale$810,000

For Sale by Agent

AgentJared Hokanson
BrokerageHokanson Realty

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