20471 SW Roy Rogers Rd, Sherwood, OR, 97140
About This Home
** Price Improvement on a Great Investment Opportunity with Development Potential** Unlock the possibilities with this unique property offering both immediate income and future development potential. Zoned HDR and includes two entitled lots ready for completion. This is an exceptional opportunity for investors, developers, or buyers looking to gain a competitive advantage in today's real estate market. The home has been extensively remodeled over the past two years, featuring a new furnace, air conditioning system, updated paint, modern fixtures, and newer appliances—providing a move-in-ready residence with major improvements already completed. Currently operating as a successful Airbnb, cash-flow report available upon request. This property is offering immediate cash-flow potential while you plan your next steps. For buyers who choose not to develop the additional lots, the property offers an oversized yard with ample space for RV and boat parking, a detached garage, and endless opportunities to create your ideal outdoor retreat. An ADU may be an option (buyer to perform due diligence), adding even more flexibility and long-term value. Whether you're looking to finish the entitled lots and capitalize on development opportunities, expand your rental portfolio, or simply enjoy the benefits of a beautifully updated home with room to grow, this property presents a rare opportunity to build equity and maximize return on investment. **Don't miss your chance to own a property that combines current income, future development potential, and exceptional versatility. **Construction packet available upon request.
Getting Around
Somewhat Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1970
Materials
- Foundation: Concrete Perimeter
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Built In Oven,Built-In Range,Dishwasher,Disposal,Double Oven,Stainless Steel Appliance(s)
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Features
- Ceiling Fan(s),Pantry
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
Master Bedroom
- Level: Main
Property
Details
- Parcel number: R548303
- On leased land: Yes
- Lease amount: 400
- Land lease expiration date: 1788134400000
- Zoning: HDR
Features
- Levels: One
- Stories: 2
- Patio & porch: Covered Deck,Deck
Lot
- Lot size: 0.36 Acres
- Features: SqFt 15000 to 19999
Parking
- Total spaces: 1
- Parking features: Carport,RV Access/Parking,RV Boat Storage,Detached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- 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
- Cold Wave
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Washington 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 | $3,281 | $39,372 |
| Home Insurance * | $133 | $1,596 |
| Property Taxes | $1,084 | $13,008 |
| Electricity | $176 | $2,119 |
| 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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-16 | Pending sale | $629,000 |
| 2026-08-04 | Price change | $629,000 |
| 2026-07-16 | Listed for sale | $649,000 |
| 2023-12-26 | Sold | $475,000 |
| 2023-11-22 | Pending sale | $489,900 |
| 2023-10-31 | Listed for sale | $489,900 |
| 2023-10-19 | Pending sale | $489,900 |
| 2023-10-02 | Price change | $489,900 |
| 2023-09-16 | Price change | $500,000 |
| 2023-08-25 | Listed for sale | $599,000 |
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