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7118 Grandview Ave, Scotts Mills, OR, 97375

4beds
3baths
6,057sqft
$2,099,000
$347price/sqft
$13,384/moest. monthly cost
$535,360/yrincome needed

About This Home

Welcome to Rainbow Valley. Watch rainbows dance between the hills after a shower, enjoy a multi-mountain view on a clear day and glimpse the glittering city lights at night- the scenery constantly changes. This private, custom home offers all the amenities one might want: soaring, beamed ceilings, a chef's kitchen, a secluded primary bedroom, quiet office, 2 game rooms, coffee bar, dog wash station, good separation between bedrooms and more. A perfect home equestrian facility: 74'x74' indoor arena, 4 oversized stalls, dry turn-outs, fenced/cross-fenced. This gated oasis also offers a 48'x48' shop, RV parking, back-up generator, solar power (very low electric bills), greenhouse, hobby-building, storage, paved drive and much more. Situated close to fantastic riding trails, hiking, waterfalls, a popular winery and many other outdoor activities.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

3/10
5/10
Silverton High SchoolGrades 9-126.6 mi

Construction

Condition

  • Year built: 2011

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction materials: Fiber Cement,Lap Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Gas Range,Built-In Range,Microwave,Range Included,Convection Oven,Electric Water Heater
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedroom2

  • Level: Main
  • Area: 144

Bedroom3

  • Level: Lower
  • Area: 132

Bedroom4

  • Level: Lower
  • Area: 144

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2

Dining Room

  • Features: Formal
  • Level: Main
  • Area: 156

Family Room

  • Level: Lower
  • Area: 414

Features

  • Breakfast Room/Nook,Den,Mudroom,Office,Rec Room,Walk-in Pantry,Other(Refer to Remarks)
  • Flooring: Carpet,Wood
  • Fireplace features: Living Room,Family Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric,Solar,Heat Pump,Forced Air,Ductless/Mini-Split
  • Cooling features: Central Air

Interior Area

  • Total structure area: 6,057
  • Total interior livable area: 6,057 sqft

Kitchen

  • Level: Main
  • Area: 272

Living Room

  • Level: Main
  • Area: 576

Master Bedroom

  • Level: Main
  • Area: 221

Property

Details

  • Zoning: FT

Features

  • Levels: Tri-Level
  • Patio & porch: Covered Deck,Covered Patio,Deck,Patio
  • Has spa: Yes
  • Spa features: Heated
  • Fencing: Fenced
  • Has view: Yes
  • View description: Mountain(s),Territorial

Lot

  • Lot size: 14.74 Acres
  • Features: Dimension Above,Landscaped

Parking

  • Total spaces: 3
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Landslide
Lightning
Strong Wind
Wildfire
Winter Weather

FEMA Declared Disasters in Marion County and Oregon

Fire
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 $10,613$127,356
Home Insurance *$771$9,252
Property Taxes $1,451$17,412
Electricity $549$6,596
Total$13,384$160,608
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$458,880/yr
40% on housing$401,520/yr
45% on housing$356,906/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: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$347This listing

vs Other Active Listings

Avg $/sqft

ZIP 97375$290
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97375$245
Marion County$278

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
2026-04-01Price change$2,199,000
2026-02-07Listed for sale$2,300,000
2017-07-03Sold$960,000
2017-03-08Listed for sale$950,000

For Sale by Agent

AgentBRETT VEATCH
BrokerageBerkshire Hathaway Homeservices Northwest Real Estate

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