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53476 Arrow Gap Rd, Silver Lake, OR, 97638

3beds
2baths
2,026sqft
$569,000
$281price/sqft
$4,443/moest. monthly cost
$177,720/yrincome needed

About This Home

Rare opportunity in the heart of Oregon's high desert offering privacy, lifestyle, and investment potential. The property features a beautifully remodeled 3 bedroom home and an approved RV park with 40 roughed in spaces and CUP approval for up to 72 total units, providing excellent expansion potential. A separate office or manager's quarters supports on-site management. The RV park currently occupies only a portion of the acreage, leaving ample room for future development or personal use. Ideally located between the Fort Rock and Silver Lake hunting units at the base of the Conley Hills, near Fort Rock, Crack-In-The-Ground, Duncan Reservoir, and Summer Lake Wildlife Area, and bordering BLM land, this property offers exceptional recreation access, privacy, and long term income opportunity.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

5/10
North Lake SchoolGrades K-127.5 mi

Construction

Condition

  • Year built: 2002

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: Steel Frame

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Ranch
  • Property subType: Manufactured On Land,Manufactured Home

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Oven,Range,Refrigerator,Washer

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Fiberglass Stall Shower,Laminate Counters,Pantry,Primary Downstairs,Shower/Tub Combo
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Laminate
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Electric,Forced Air,Wood
  • Cooling features: None

Interior Area

  • Total structure area: 1,242
  • Total interior livable area: 2,026 sqft

Property

Details

  • Parcel number: 18569
  • Zoning description: AG
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Exterior features: RV Hookup
  • Fencing: Fenced
  • Has view: Yes
  • View description: Desert,Mountain(s),Panoramic,Ridge
  • Horses can be raised: Yes

Lot

  • Lot size: 158.15 Acres
  • Features: Adjoins Public Lands,Garden,Landscaped,Level,Native Plants,Rock Outcropping

Parking

  • Parking features: Driveway,Gated,Gravel,RV Access/Parking
  • Has uncovered spaces: 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
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Lightning
Wildfire
Earthquake

FEMA Declared Disasters in Lake 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 $2,877$34,524
Home Insurance *$739$8,868
Property Taxes $644$7,728
Electricity $183$2,206
Total$4,443$53,316
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$152,331/yr
40% on housing$133,290/yr
45% on housing$118,480/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: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 7.8%
7.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$281This listing

vs Other Active Listings

Avg $/sqft

ZIP 97638$194
Lake County$223

vs Homes Sold Last Month

Median $/sqft

ZIP 97638
Lake County$114

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
2026-03-20Listed for sale$625,000
2025-11-17Listing removed$550,000
2025-10-22Price change$550,000
2025-09-25Price change$565,000
2025-09-01Price change$575,000
2025-08-22Price change$585,000
2025-07-31Price change$599,000
2025-07-10Price change$615,000
2025-06-24Price change$625,000
2025-06-10Price change$645,000
2025-05-27Price change$655,000
2025-05-15Price change$665,000
2025-04-21Price change$675,000
2025-03-27Price change$699,000
2025-01-21Price change$695,000
2024-11-12Price change$699,000
2024-10-10Price change$725,000
2024-09-27Price change$774,000
2024-09-03Price change$795,000
2024-07-22Listed for sale$799,000
2023-11-07Listing removed$725,000
2023-09-07Listed for sale$725,000
2023-08-21Listing removed$895,000
2023-06-30Listed for sale$895,000
2022-03-17Sold$320,000
2022-01-21Pending sale$350,000

For Sale by Agent

AgentMackenzie Anne Licea
BrokerageColdwell Banker Sun Country

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