3 BD · 2 BA · 1,176 SF · 0.44 AC
125 Penny Lane
Shady Cove, OR 97539
$350,000
Shady Cove, OR 97539 · N/A
MLS# 220225846 · Active
Location,Location, Location... This property presents an excellent development opportunity. It may be ideal for a contractor interested in creating a residential subdivision with additional land lots included in the purchase. The current residence is a small cottage with 2 bedrooms and 1 bath, garage and an additional ADU, which provides accommodation during the development process. Buyers are advised to conduct their own due diligence regarding zoning requirements and other applicable regulations. This property offers significant potential--interested parties are encouraged to schedule a viewing to assess its suitability. This sale also includes Tax Lots 601 and 602 (Acct# 10987293 341W10CA Taxlot 601, which is 0.25 acre) & (Acct# 10987294 341W10CA Taxlot 602, which is 0.24 acre). The three tax lots (601,602,& 700) total
Ask about this home
AI answers are off right now. Text Cody the question and get a straight answer, usually within the hour.
AI answer from 541 Home Sales using listing data, not from the MLS. It can be wrong. Verify anything that matters with Cody before you rely on it.
| Date | Event | Price |
|---|---|---|
| Jul 22, 2026 | Listed for sale | $350,000 |
From the MLS: original list price and latest price change. 76 days on market.
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.
42.6289° N · 122.8090° W
DirectionsAssignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
$2,027/mo
$280,000 loan · 30 yr fixed · 6.5%
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.
3 BD · 2 BA · 1,176 SF · 0.44 AC
125 Penny Lane
Shady Cove, OR 97539
3 BD · 2 BA · 1,404 SF · 0.3 AC
158 Train Lane
Shady Cove, OR 97539
0.31 AC · Land
70 Chapparal Drive
Shady Cove, OR 97539
3 BD · 2 BA · 1,378 SF · 0.14 AC
128 Fawn Circle
Shady Cove, OR 97539
Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 2:01 PM.
© 2025 Oregon Data Share. All rights reserved. The content relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Oregon Data Share. Listings held by brokerage firms other than 541 Home Sales are marked with the Oregon Data Share logo, and detailed information about these properties includes the name of the listing firm and the email address or phone number provided by the listing participant. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.