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237 Granite St, Ashland, OR, 97520

5beds
6baths
6,396sqft
$4,500,000
$704price/sqft
$30,520/moest. monthly cost
$1,220,800/yrincome needed

About This Home

Set on 3.48 private acres just 500 ft from Lithia Park and within a 1/2 mile of downtown Ashland, 237 Granite is a rare, legacy estate inspired by the timeless design principles of Greene & Greene Architects. Showcasing over 5,700 sq ft of refined living, this 5-bedroom, 5.5-bath residence embodies the essence of The Arts and Crafts Movement with exceptional craftsmanship, rich walnut flooring throughout, and a seamless connection to its natural surroundings. The grounds are a destination unto themselves--featuring a solar-heated pool, tranquil Japanese gardens with tea house, two waterfalls, a koi pond, and direct access to nearby hiking trails. Main level living w/ 871 sq ft primary wing, private caretaker quarters, and a separate 676 sq ft guest cottage with 1 bed, 1 bath, 2-car garage--offering flexibility for guests or extended living. ''The Gamble House'' of Ashland, this is the largest private estate of its kind in such close proximity to the cultural and natural heart of Ashland.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

8/10
Helman Elementary SchoolGrades K-51.4 mi
7/10
Ashland Middle SchoolGrades 6-81.7 mi
9/10
Ashland High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1992

Materials

  • Foundation: Concrete Perimeter,Slab
  • Roof: Asphalt
  • Construction materials: Frame

Other

  • Builder name: Steve Snure

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow,Craftsman
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Instant Hot Water,Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Microwave,Oven,Range,Range Hood,Refrigerator,Water Heater,Water Purifier,Wine Refrigerator

Basement

  • Has basement: Yes
  • Basement: Daylight,Exterior Entry,Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6

Features

  • Smart Light(s),Bidet,Breakfast Bar,Built-in Features,Double Vanity,Enclosed Toilet(s),Fiberglass Stall Shower,Granite Counters,Kitchen Island,Linen Closet,Pantry,Smart Thermostat,Soaking Tub,Solid Surface Counters,Stone Counters,Tile Counters,Tile Shower,Vaulted Ceiling(s),Walk-In Closet(s)
  • Window features: Double Pane Windows,Skylight(s),Wood Frames
  • Flooring: Carpet,Concrete,Hardwood,Stone,Vinyl
  • Fireplace features: Family Room,Gas,Great Room,Office,Primary Bedroom,Wood Burning
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Fireplace(s),Forced Air,Natural Gas,Radiant
  • Cooling features: Ductless,Central Air

Interior Area

  • Total structure area: 5,720
  • Total interior livable area: 6,396 sqft

Property

Details

  • Parcel number: 10661989
  • Zoning description: RR-5
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Fenced,Heated,In Ground,Outdoor Pool,Private
  • Patio & porch: Wrap Around
  • Fencing: Fenced
  • Has view: Yes
  • View description: Forest,Mountain(s),Panoramic,Pond,Territorial
  • Has water view: Yes
  • Water view: Pond
  • Waterfront features: Pond

Lot

  • Lot size: 3.48 Acres
  • Features: Drip System,Garden,Landscaped,Level,Sloped,Sprinkler Timer(s),Water Feature,Wooded

Parking

  • Total spaces: 4
  • Parking features: Asphalt,Concrete,Driveway,Garage Door Opener,RV Access/Parking,Shared Driveway,Other
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • 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

  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Winter Weather
Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Jackson 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 $22,754$273,048
Home Insurance *$1,135$13,620
Property Taxes $6,051$72,612
Electricity $580$6,965
Total$30,520$366,240
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,046,400/yr
40% on housing$915,600/yr
45% on housing$813,866/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: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$704This listing

vs Other Active Listings

Avg $/sqft

ZIP 97520$337
Jackson County$259

vs Homes Sold Last Month

Median $/sqft

ZIP 97520$292
Jackson County$265

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
2026-05-04Listed for sale$4,500,000
2020-10-26Sold$2,200,000
2020-10-09Pending sale$2,300,000
2020-09-18Price change$2,300,000
2020-05-29Listed for sale$2,500,000
2010-10-01Sold$1,750,000
2010-06-23Listed for sale$2,290,000
2010-04-10Listing removed$2,290,000
2010-03-10Price change$2,290,000
2009-09-24Listed for sale$2,900,000
2009-08-18Listing removed$2,900,000
2009-07-09Listed for sale$2,900,000

For Sale by Agent

AgentMartin A Huggins
BrokerageBespoke Real Estate

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