Price cut $25K
$575,000
1/53 BD · 2.5 BA · 2,465 SF · 0.19 AC
1628 NE Terrace Drive
Grants Pass, OR 97526
#220226382 01 / 56
For sale Price cut $44K on Sep 28
$575,000
555 Grouse Creek Road
Grants Pass, OR 97526 · Colonial Valley Pines
- Beds
- 3
- Baths
- 2
- Sq ft
- 1,619
- Acres
- 1.38
- Built
- 1986
- $/SF
- $355
Est. $3,334/mo~226 min to downtown Bend (approx.)
Listing by Oregon Dreams Real Estate · 541-226-4141
MLS# 220224350 · Active
01
About this home
Luxury Country Home on 1.38 Fully Fenced Acres. Experience thoughtful craftsmanship and modern comfort in this completely remodeled 3-bedroom, 2-bath home on a private 1.38-acre parcel. Quality updates throughout. Highlights Expansive 2,000 sq. ft. shop with 220-amp service - ideal for hobbies, heavy equipment, etc. Fully remodeled kitchen: natural gas range, stainless steel appliances, custom cabinetry with pull-outs and soft-close hardware. Updated primary bath with cultured-marble shower, newer roof, Mechanical upgrades: newer furnace, newer ductwork, added insulation, Efficient wood stove designed to require wood once daily, mature fruit trees, Property fully fenced with attractive double-rail fencing Additional features: built-in bomb shelter and well hand pump. This property blends practical rural amenities with refined interior finishes-an exceptional opportunity for buyers seeking a turnkey country estate with significant shop space.
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03
Price history
Cut $44K| Date | Event | Price |
|---|---|---|
| Sep 28, 2026 | Price cut−$44,000 (7.1%) | $575,000 |
| Jun 29, 2026 | Listed for sale | $619,000 |
From the MLS: original list price and latest price change. 99 days on market.
04
Drive times
~226 min to downtown Bend- Mt. Bachelor~202 min · 170.5 mi
- Sunriver Village~207 min · 174.8 mi
- Old Mill District~225 min · 191.1 mi
- Downtown Bend~226 min · 191.9 mi
- St. Charles Bend~229 min · 194.9 mi
- Sisters~233 min · 198.2 mi
- Redmond Airport (RDM)~249 min · 212 mi
- Smith Rock State Park~258 min · 220 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 1986- Type
- Single Family Residence
- Year built
- 1986
- Stories
- 1
- Garage
- 2 spaces
- Lot
- 1.38 AC · 60,113 SF
- Price / SF
- $355
- HOA
- None reported
- Taxes
- $2,534/yr
- Subdivision
- Colonial Valley Pines
- County
- Josephine
- Days on market
- 99
- MLS #
- 220224350
- Interior
- Breakfast Bar · Open Floorplan · Stone Counters · Solid Surface Counters · Linen Closet · Shower/Tub Combo
- Appliances
- Dishwasher · Microwave · Range · Refrigerator
- Flooring
- Laminate
- Heating
- Electric · Forced Air · Heat Pump
- Cooling
- Central Air
- Fireplace
- Wood Burning
- Parking
- Asphalt · Attached Carport · Driveway · Gravel · RV Access/Parking
- View
- Mountain(s)
- Lot
- Level · Fenced
- Construction
- Frame
- Roof
- Composition
06
Location & schools
Colonial Valley Pines42.5026° N · 123.3273° W
Directions- Elementary
- Check with District
- Middle
- Check with District
- High
- Check with District
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$3,334/mo$3,334/mo
$460,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $2,908
- Property tax (listing)
- $211
- Home insurance (est.)
- $216
20% · $115,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220221038Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 12:31 PM.
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