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24088 SW Highway 18, Sheridan, OR, 97378

5beds
2baths
2,900sqft
$999,960
$345price/sqft
$6,622/moest. monthly cost
$264,880/yrincome needed

About This Home

Exceptional Opportunity! First time on market in over 60 years. This charming 5 bedroom farmhouse sits on 110+ private, pastoral acres across two parcels. The expansive acreage features two seasonal ponds, acres of oak savanna, a secluded meadow, and breathtaking territorial and mountain views. Significant recent upgrades include two newly renovated bathrooms, majority of plumbing updated with bathrooms, a 2-year-old roof, new hot water heater 2024, LVP flooring in kitchen, dining, and laundry, and newer kitchen appliances. Infrastructure includes a 4-bay pole barn, with older barns and outbuildings. Wildlife abounds, offering frequent sightings of deer, elk, wild turkey and quail. Approx 45 acres are currently leased as farmable land. Both Parcels Zoned EF80

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

3/10
Faulconer-Chapman SchoolGrades K-81.9 mi
1/10
Sheridan High SchoolGrades 9-121.5 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1932

Materials

  • Foundation: Block,Slab
  • Roof: Composition
  • Construction materials: Metal Siding,Pole,Asbestos,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Range,Microwave,Stainless Steel Appliance(s),Washer/Dryer,Electric Water Heater

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Upper

Bedroom4

  • Level: Upper

Bedroom5

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: Main

Family Room

  • Level: Main

Features

  • Pantry
  • Window features: Aluminum Frames,Wood Frames
  • Flooring: Tile,Wall to Wall Carpet,Concrete,Dirt
  • Fireplace features: Pellet Stove

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: None

Interior Area

  • Total structure area: 2,900
  • Total interior livable area: 2,900 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Upper

Property

Accessibility

  • Accessibility features: Accessible Full Bath,Utility Room On Main,Accessibility

Details

  • Parcel number: 647596
  • On leased land: Yes
  • Lease amount: 3400
  • Land lease expiration date: 1790812800000
  • Zoning: R-80

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Porch
  • Exterior features: Yard
  • Fencing: Perimeter,Cross Fenced
  • Has view: Yes
  • View description: Mountain(s),Territorial,Valley

Lot

  • Lot size: 110.50 Acres
  • Features: Orchard(s),Pasture,Sloped,Trees,Wooded,Acres 100 to 200

Parking

  • Total spaces: 4
  • Parking features: Driveway,RV Access/Parking,RV Boat Storage,Detached,Oversized
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • 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
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Heat Wave
Landslide
Strong Wind

FEMA Declared Disasters in Yamhill 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 $5,056$60,672
Home Insurance *$350$4,200
Property Taxes $953$11,436
Electricity $263$3,158
Total$6,622$79,464
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$227,040/yr
40% on housing$198,660/yr
45% on housing$176,586/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: 10.1%
10.1%
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

$345This listing

vs Other Active Listings

Avg $/sqft

ZIP 97378$386
Yamhill County$311

vs Homes Sold Last Month

Median $/sqft

ZIP 97378$280
Yamhill County$301

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
2026-03-18Price change$1,149,960
2025-11-08Listed for sale$1,249,960
2023-08-04Sold$500,000

For Sale by Agent

AgentAngel Williams
BrokerageEquity Oregon Real Estate

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