




3398 Olive St, Eugene, OR, 97405
About This Home
Enchanting South Eugene Retreat with Rare Space, Character & Unbeatable LocationWelcome to this timeless 1930s charmer tucked into one of South Eugene’s most convenient and sought-after neighborhoods. 5 bedrooms and 2 baths ready for wood stove and Perfectly positioned just moments from Wayne Morse Park, the University of Oregon, local shops, bus lines, and everyday conveniences. This home offers the ideal balance of serenity and accessibility, set on an expansive and beautifully landscaped .45-acre lot, this 5-bedroom, 2-bath home almost feels like your own Hendrick's park.—yet you’re only minutes from everything Eugene has to offer. A twenty minute walk from the Ridgeline trail system and three block walk to Wayne Morse Family Farm with a great dog park, outdoor living is effortlessly woven into daily life here. Inside, classic architectural details shine—coved downstairs and vaulted ceiling upstairs, rich hardwood floors, graceful arches, and built-in features that reflect the home’s enduring character. Sunlight pours through large windows, illuminating spacious living areas designed for both comfort and connection and viewing of abundant wildlife that visit daily. French doors open to a lush garden and patio, while an elevated deck—accessed from the second floor—offers a peaceful perch among the trees.The thoughtful layout provides excellent separation of space, featuring a cozy breakfast nook, and a versatile loft area. Recent updates, including fresh interior paint and improvements to the downstairs bathroom, bring a fresh feel while preserving the home’s original charm.Outside, the possibilities are as expansive as the lot itself. Whether you envision a garden oasis, additional outdoor living spaces, or exploring the potential for a secondary dwelling or lot division (buyer to verify), this property offers rare flexibility in a prime location.At $679,000, this is more than a home—it’s a peaceful, nature-filled lifestyle in the heart of South Eugene.
Getting Around
Schools
Construction
Condition
- Property condition: Resale
- Year built: 1935
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Built-In Range,Dishwasher,Electric Water Heater
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Features
- Flooring: Hardwood
- Number of fireplaces: 1
- Fireplace features: Stove,Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Ductless,Heat Pump
- Cooling features: Heat Exchanger
Interior Area
- Total structure area: 1,959
- Total interior livable area: 1,959 sqft
Master Bedroom
- Level: Main
Property
Details
- Parcel number: 0634863
- Zoning: R1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck,Patio
- Exterior features: Garden,Yard
- Has view: Yes
- View description: City,Trees/Woods
Lot
- Lot size: 0.45 Acres
- Features: Private,Sloped,Trees,SqFt 15000 to 19999
Parking
- Parking features: Carport,Off Street
- Carport: 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
No climate risk data available.
How This Home’s Risks Compare
FEMA Declared Disasters in Lane 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 | $3,286 | $39,432 |
| Home Insurance * | $150 | $1,800 |
| Property Taxes | $1,061 | $12,732 |
| Electricity | $177 | $2,133 |
| Total | $4,674 | $56,088 |
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 |
|---|---|---|
| 2026-04-17 | Listed for sale | $679,000 |
| 2011-06-04 | Listing removed | $289,000 |
| 2011-03-11 | Listed for sale | $289,000 |
| 2010-02-19 | Sold | $259,900 |
