207 E Silver St, Enterprise, OR, 97828
About This Home
Buildable view lot with large double-bay storage/shop and an income producing studio apartment in Enterprise. This is a rare multi-use opportunity! Discover this exceptional view lot with a spacious double-bay metal building with an income producing luxurious studio apartment on a large corner lot. Perfect for buyers seeking a view lot, shop space, residential potential, investment options, or a combination of all four. Property highlights a buildable view lot- perfect for your residence or to develop the site and create an additional income property. This R1 zoned property allows single residences as well as an ADU with city permit. Bring your builder and explore the possibilities. Expansive double-bay Shop/Storage Building with tall 11' doors and wide bays. Store your boat, RV, and snowmobiles while still leaving room for your home shop. Stunning & Spacious 1,000 sq ft Studio with Mountain Views This income producing extra-large studio combines modern luxury with breathtaking views of the Wallowa Mountains. With extra-high ceilings this studio offers an open, airy feel you won't find anywhere else. Adjacent to the Studio is an 1044 square foot Courtyard that includes an outdoor fireplace, BBQ and pizza oven. A lovely mural provides a relaxing environment while taking in the mountain scenery. The current owners have a history of leasing this studio for $1,400/month.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2007
Materials
- Foundation: Slab
- Roof: Metal
- Construction materials: Aluminum Siding
Type & Style
- Home type: SingleFamily
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Free-Standing Range,Free-Standing Refrigerator,Electric Water Heater
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Features
- Number of fireplaces: 1
- Fireplace features: Propane
- Fireplace: Yes
Heating
- Heating features: Zoned
Interior Area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Master Bedroom
- Level: Main
Property
Details
- Parcel number: 8370
- Zoning: R-1
Features
- Stories: 1
- Has view: Yes
- View description: City,Mountain(s)
Lot
- Lot size: 0.46 Acres
- Features: Level,Sloped,SqFt 20000 to Acres1
Parking
- Total spaces: 2
- Parking features: Parking Pad,RV Access/Parking,Garage Partially Converted to Living Space
- 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
- Winter Weather
- Cold Wave
- Wildfire
- Avalanche
- Hail
- Landslide
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Wallowa 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 | $2,502 | $30,024 |
| Home Insurance * | $405 | $4,860 |
| Property Taxes | $202 | $2,424 |
| Electricity | $217 | $2,613 |
| Total | $3,326 | $39,912 |
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 |
|---|---|---|
| 2026-07-13 | Listed for sale | $495,000 |
View on Zillow