2440 Hugo Rd, Merlin, OR, 97532
About This Home
Once in a lifetime chance to own your forever property! This place has it all! 4 bedroom and 4 full bathrooms. Almost 3,500 sqft. of a very upper end custom built home situated on 37.46 acres, 16 + acres of which are completely irrigated not only from year round Quartz Creek that travels N to S through the property also with a 50 gpm well for domestic (fantastic) water also with water rights. Underground irrigation with risers,water cannons,and alum lines. There is also another 60 gpm well is on the property. 2 barns, one could easily be another dwelling, ADU, Ranch hand dwelling, etc. Another large metal barn has 8 stalls, tack room, cement pad. Expansive garden areas and fruit trees all with irrigation. 15+acres of hiking, riding trails and an artesian spring. Marketable timber has already been selectively cruised for forest management and $. This is truly a unique property. Possible Owner terms. Owner is a real estate broker licensed in the state of Oregon.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 2001
Materials
- Foundation: Block,Concrete Perimeter,Stone
- Roof: Composition
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary,Craftsman,Northwest
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Cooktop,Dishwasher,Disposal,Double Oven,Range Hood,Refrigerator,Trash Compactor,Water Heater
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
Features
- Smart Light(s),Built-in Features,Ceiling Fan(s),Central Vacuum,Double Vanity,Dry Bar,Granite Counters,Kitchen Island,Pantry,Primary Downstairs,Shower/Tub Combo,Tile Counters,Tile Shower,Walk-In Closet(s),Wired for Data,Wired for Sound
- Window features: Double Pane Windows,Wood Frames
- Flooring: Carpet,Hardwood,Stone,Tile,Other
- Fireplace features: Living Room,Outside,Propane,Wood Burning
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Electric,Forced Air,Heat Pump,Propane,Wood
- Cooling features: Central Air,Heat Pump
Interior Area
- Total structure area: 3,395
- Total interior livable area: 3,395 sqft
Property
Details
- Parcel number: R303095
- Zoning description: Fr/Rr5
- Special condition: Standard
- Exclusions: Complete list TBD
Features
- Levels: Two
- Stories: 2
- Private pool: Yes
- Pool features: Outdoor Pool
- Patio & porch: Deck,Patio
- Exterior features: Built-in Barbecue,Fire Pit,Outdoor Kitchen,RV Hookup
- Spa features: Spa/Hot Tub
- Fencing: Fenced
- Has view: Yes
- View description: Creek/Stream,Forest,Territorial
- Has water view: Yes
- Water view: Creek/Stream
- Waterfront features: Creek
- Horses can be raised: Yes
Lot
- Lot size: 37.46 Acres
- Features: Garden,Landscaped,Level,Marketable Timber,Native Plants,Pasture,Sloped,Sprinkler Timer(s),Sprinklers In Front,Wooded
Parking
- Total spaces: 2
- Parking features: Attached,Concrete,Driveway,Garage Door Opener,Gated,Gravel,RV Access/Parking,RV Garage,Storage,Other
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- 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
- Wildfire
- Earthquake
- Heat Wave
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Josephine County and Oregon
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,343 | $100,116 |
| Home Insurance * | $464 | $5,568 |
| Property Taxes | $1,067 | $12,804 |
| Electricity | $308 | $3,697 |
| Total | $10,182 | $122,184 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-27 | Listed for sale | $1,675,000 |
| 2025-12-27 | Listing removed | $1,650,000 |
| 2025-11-21 | Price change | $1,650,000 |
| 2025-05-16 | Price change | $1,700,000 |
| 2024-05-31 | Listed for sale | $1,750,000 |
| 2015-03-03 | Sold | $585,000 |
For Sale by Agent
View on Zillow