38742 Scravel Hill Rd NE, Albany, OR 97322
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by:rachael manglona banuelos gonzalezCell: 503-519-6649
Office:exp realty, llc.
MLS#:826946
Source:OR_WVMLS
38742 Scravel Hill Rd NE,Albany, OR 97322
$850,000
- 5 Beds
- 2 Baths
- 2,705 sq. ft.
- Single family
- Active
Price summary
- Price:$850,000
- Price per sq. ft.:$314.23
About this home
Welcome to a rare gem in the Mid-Willamette Valley! This stunning 12-acre property offers rolling hills, fertile soil, and no flood zone per FEMA, with easy I-5 access. Currently operating as an equine training facility, it boasts a 3/8-mile sanded training track, a four-horse starting gate, a 100-foot and 60-foot sanded round pen, a 200-foot sanded arena, a warm water wash rack, and a laundry center. Designed for both personal and business use, the property features 33 horse stalls and 12 storage rooms, providing significant income potential through boarding, training, and rental opportunities. The spacious barn with dog kennels and a separate goat barn further expands revenue streams for animal care or additional leasing options. For those seeking extra income, the property includes a 30x50 loft, an RV pad with its own septic system, and multiple storage units—ideal for renting out or utilizing for business operations. Beyond its equestrian and agricultural amenities, this property offers a beachfront natural swim pond with waterfalls and a fountain, creating a serene retreat for relaxation or events. The outdoor entertaining area, abundant fruit and nut trees (apple, pear, plum, hazelnut, and two types of grapes), two chicken coops, and a large fenced garden make this a true homesteader’s paradise. The property is also dividable into a 5-acre lot, offering flexibility for future development or multi-generational living. Whether you're looking for a premier equestrian facility, a profitable boarding/training operation, a hobby farm, or a peaceful countryside retreat, this unique property offers both lifestyle and investment opportunities. Don’t miss out on this exceptional find!
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Home facts
- Year built:1920
- Listing ID #:826946
- Added:188 day(s) ago
- Updated:October 01, 2025 at 07:56 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,705 sq. ft.
Heating and cooling
- Heating:Electric, Stove, Wood
Structure and exterior
- Roof:Composition, Shingle
- Year built:1920
- Building area:2,705 sq. ft.
- Lot area:12.07 Acres
Schools
- High school:South Albany
- Middle school:Timber Ridge
- Elementary school:Waverly
Utilities
- Water:Private/Community/Dist, Well
- Sewer:Septic
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$314.23
- Tax amount:$5,988 (2024)
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