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501 S Park St, Carlton, OR, 97111

2beds
2baths
5,832sqft
$695,000
$119price/sqft
$5,153/moest. monthly cost
$206,120/yrincome needed

About This Home

LOCATION, LOCATION, LOCATION!“If you can dream it, you can do it.” Opportunity awaits the dream maker in the heart of Carlton Wine Country!One-of-a-kind property situated on a .37-acre parcel in a residential neighborhood, just a 5-minute walk to the vibrant wine country town of Carlton. Featuring two unique structures and endless possibilities, this special property blends history, creativity, and charm.The historic 1895 Wennerberg Heritage Barn offers approximately 5,832 total square feet, with 2,916 square feet on both the main and upper levels. The center bay currently serves as a gathering place where friends and family share live music, amazing food, and good cheer. The upper loft includes a three-room enclosure ready to become your creative blank slate, while two additional bays offer storage or future reimagined spaces.The cozy 450-square-foot cottage, originally a 1917 shed converted in 2016, is fully furnished and thoughtfully designed as an efficiency studio with sleeping alcove, dining and eating spaces, living area, modified antique hutch with sink, washer/dryer closet, and 3/4 bath with shower. Relax or entertain on the viewing deck and patio while taking in partial coastal mountain views.Imagine the possibilities — mini herb or lavender farm, woodworking shop, artist studio, motorcycle or bicycle maintenance space, gathering venue, or whatever your passion inspires. Great rental opportunity or wine country VRBO/AirBNB. New metal roof on south side of barn.ONE OF A KIND… must see to truly appreciate! #City of Carlton OR#OR WineCountry#Barn#Cottage#homebrewer#home winemaker#artstudio#artgallery#miniherbfarm#airbnb#vrbo#rental income

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1895

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Lap Siding,Other,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Free-Standing Refrigerator,Washer/Dryer,Electric Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: None

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • Partial bathrooms: 1
  • Main level bathrooms: 2

Cooling

  • Cooling features: Wall Unit(s)

Dining Room

  • Level: Main

Features

  • Wainscoting
  • Window features: Vinyl Frames,Wood Frames
  • Flooring: Concrete,Hardwood,Wood
  • Fireplace features: Electric

Interior Area

  • Total structure area: 5,832
  • Total interior livable area: 5,832 sqft

Kitchen

  • Level: Main

Master Bedroom

  • Level: Main

Office

  • Level: Upper

Property

Details

  • Parcel number: 95836
  • Zoning: R2

Features

  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Yard
  • Has view: Yes
  • View description: Territorial,Trees/Woods

Lot

  • Lot size: 0.37 Acres
  • Features: Corner Lot,Level,SqFt 15000 to 19999

Parking

  • Parking features: Driveway,Parking Pad,RV Access/Parking,RV Boat Storage,Garage Available
  • 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

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Ice Storm
Landslide
Strong Wind
Winter Weather

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 $3,514$42,168
Home Insurance *$163$1,956
Property Taxes $947$11,364
Electricity $529$6,351
Total$5,153$61,836
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$176,674/yr
40% on housing$154,590/yr
45% on housing$137,413/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

$119This listing

vs Other Active Listings

Avg $/sqft

ZIP 97111$375
Yamhill County$312

vs Homes Sold Last Month

Median $/sqft

ZIP 97111$318
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
2026-03-12Listed for sale$695,000
2025-11-12Listing removed$687,000
2025-05-15Listed for sale$687,000
2024-11-16Listing removed$728,000
2024-05-21Listed for sale$728,000
2015-11-17Sold$115,000

For Sale by Agent

AgentDebi Drake
BrokerageJohn L. Scott Market Center

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