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824 W Central Ave, Gates, OR, 97346

5beds
3baths
2,272sqft
$800,000
$352price/sqft
$5,462/moest. monthly cost
$218,480/yrincome needed

About This Home

Set on nearly five acres near Detroit Lake, this thoughtfully updated property offers a rare blend of craftsmanship, flexibility, and modern improvements. Recent upgrades include a new septic pump and electrical system, leaf guard gutters, a fully remodeled ADU, and fresh sod enhancing the front lawn’s curb appeal. Inside, the home showcases striking wood wainscoting accents that add depth and character throughout. The living room is anchored by a wood-burning stove, creating a warm and inviting gathering space. The kitchen is designed for both function and style, featuring an eat bar, built-in appliances, and exceptional custom wood cabinetry that highlights the home’s attention to detail. Outdoor living is equally impressive, with a pool, three covered porches, and ample space to relax or entertain while enjoying the surrounding landscape. An oversized finished garage and a heated shop provide excellent options for hobbies, storage, or workspace needs. The main residence includes five bedrooms and three bathrooms, while the detached ADU offers a private one-bedroom layout complete with a full kitchen, air conditioning, wood stove, bathroom, laundry, and its own entrance. This versatile setup supports multigenerational living, guest accommodations, or potential rental income (buyer to perform due diligence). Conveniently located just 30 miles from Salem, this property balances peaceful surroundings with easy access to city amenities, making it a compelling opportunity for those seeking space, quality, and flexibility.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

7/10

Construction

Condition

  • Year built: 2007

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Cedar,T111

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Range Included,Electric Water Heater
  • Laundry features: Main Level

Bedroom2

  • Level: Main
  • Area: 110

Bedroom3

  • Level: Main
  • Area: 100

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2

Dining Room

  • Features: Area (Combination)
  • Level: Main
  • Area: 168

Features

  • Flooring: Vinyl,Wood,Tile,Laminate
  • Fireplace features: Living Room,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,272
  • Total interior livable area: 2,272 sqft

Kitchen

  • Level: Main
  • Area: 144

Living Room

  • Level: Main
  • Area: 420

Master Bedroom

  • Level: Main
  • Area: 182

Property

Details

  • Parcel number: 541671
  • Zoning: RS

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: In Ground
  • Patio & porch: Patio,Covered Patio
  • Has spa: Yes
  • Spa features: Heated
  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 4.91 Acres

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 FloodingRelatively High
  • Earthquake
    EarthquakeModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Volcanic Activity
    Volcanic ActivityModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Landslide
Strong Wind
Volcanic Activity
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 $4,045$48,540
Home Insurance *$303$3,636
Property Taxes $908$10,896
Electricity $206$2,474
Total$5,462$65,544
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$187,268/yr
40% on housing$163,860/yr
45% on housing$145,653/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

$352This listing

vs Other Active Listings

Avg $/sqft

ZIP 97346$337
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97346$323
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
2026-04-30Listed for sale$900,000
2025-10-12Listing removed$930,000
2025-04-10Price change$930,000
2025-02-21Price change$940,000
2025-02-11Price change$959,000
2024-10-15Listed for sale$960,000
2022-10-24Sold$855,000
2022-08-09Price change$970,000
2022-06-25Price change$990,000
2022-05-10Listed for sale$988,500
2021-11-16Listing removed--
2021-11-12Listed for sale$925,000
2021-10-17Listing removed--
2021-10-09Listed for sale$925,000
2010-11-19Sold$355,500
2007-01-12Sold$209,500

For Sale by Agent

AgentNICK SHIVERS
BrokerageExp Realty, Llc

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