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331 Metz Hill Rd, Oakland, OR, 97462

5beds
6baths
7,936sqft
$17,500,000
$2,205price/sqft
$108,096/moest. monthly cost
$4,323,840/yrincome needed

About This Home

Nestled in Oregon's scenic Umpqua Valley, this extraordinary 2,670-acre ranch offers a rare blend of luxury, tranquility, & commercial potential. Atop a prominent knoll stands a grand 7,936-sqft Tudor-style mansion that commands sweeping 360-degree views of rolling pasture, woodlands, & distant hills. The home's 3-levels are a testament to craftsmanship & attention to detail featuring 5 spacious bedrooms, 4 full bathrooms, 2 powder rooms, custom millwork, stained-glass accents, chandeliers, & multiple fireplaces for an atmosphere of timeless elegance. Seeking a quiet reading space? Step into the charming, castle-like library. The rolling ladder & private balcony enhances its storybook feel. The basement is a haven for wellness. It features a hot tub, tanning bed, sauna & steam room, & fully equipped exercise room. Prefer a drink? Head to the full bar or select a bottle from the wine cellar. The kitchen offers style & functionality with a built-in Sub-Zero refrigerator, custom copper range hood, ample workspace, & storage. Currently operating as a working cattle ranch, the property includes a general-purpose building with a Helicopter hangar & landing pad, caretaker's apartment, meat-processing room, & workshop. A state-registered, one-mile private airstrip caters to aviation needs with potential for further development. Conveniently located along Interstate 5 & close to Historic Oakland. Heaven's Gate Ranch is fully approved by the county for destination resort development with civil engineering, site maps, & utility designs already completed. The new owner will receive comprehensive documentation including plans for a 100-room hotel, restaurant, convention center, & 200-lot residential subdivision—providing an advantage for streamlined development & customization. These approvals & plans save years of work & expense. Heaven's Gate Ranch marries majestic living with the rare potential to craft a world-class destination resort. It is a once-in-a-lifetime opportunity.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

5/10
Lincoln Middle SchoolGrades 5-83.1 mi
7/10
Oakland High SchoolGrades 9-123.3 mi
4/10

Construction

Condition

  • Property condition: Approximately
  • Year built: 1984

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Metal Siding,Wood Frame,Brick,Stucco,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Custom Style,Tudor
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Built In Oven,Built-In Refrigerator,Cooktop,Dishwasher,Double Oven,Trash Compactor,Electric Water Heater,Propane Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Daylight,Finished,Partial

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 4
  • Partial bathrooms: 2
  • Main level bathrooms: 3

Dining Room

  • Level: Main

Family Room

  • Level: Lower

Features

  • Floor 3rd,High Ceilings,Vaulted Ceiling(s),Bathroom,Plumbed,Storage,Loft,Cook Island,Kitchen Island,Pantry,Tile
  • Window features: Double Pane Windows
  • Flooring: Hardwood,Tile,Wall to Wall Carpet
  • Number of fireplaces: 3
  • Fireplace features: Propane,Outside
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 7,936
  • Total interior livable area: 7,936 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Upper

Property

Details

  • Parcel number: R70285
  • Zoning: FG, FF
  • Wooded area: 12593196

Features

  • Stories: 3
  • Patio & porch: Patio,Porch
  • Exterior features: Athletic Court,RV Hookup,Tennis Court(s),Yard
  • Has spa: Yes
  • Spa features: Bath
  • Fencing: Barbed Wire,Mesh Fence,Cross Fenced,Fenced
  • Has view: Yes
  • View description: Mountain(s),Valley
  • On waterfront: Yes
  • Waterfront features: Creek,Pond

Lot

  • Lot size: 2,670 Acres
  • Features: Air Strip,Gated,Gentle Sloping,Pasture,Private,Sprinkler,Acres 200 or More

Parking

  • Total spaces: 3
  • Parking features: Driveway,RV Access/Parking,RV Boat Storage,Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • 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
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Ice Storm
Wildfire
Winter Weather

FEMA Declared Disasters in Douglas 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 $88,489$1,061,868
Home Insurance *$5,753$69,036
Property Taxes $13,134$157,608
Electricity $720$8,642
Total$108,096$1,297,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$3,706,148/yr
40% on housing$3,242,880/yr
45% on housing$2,882,560/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: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,205This listing

vs Other Active Listings

Avg $/sqft

ZIP 97462$327
Douglas County$223

vs Homes Sold Last Month

Median $/sqft

ZIP 97462$256
Douglas County$232

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)

No zestimate history available

Price History

DateEventPrice
2025-07-25Listed for sale$17,500,000

For Sale by Agent

AgentJacob Gilman
BrokerageThe Neil Company Real Estate

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