About This Home

This 3-bedroom, 2-bathroom single family at 47980 NW WALDHEIM Way in Forestgrove, OR is listed for $549,900 ($460 per sqft). Built in 1955, the home offers 1,196 sqft of living space on a 5.16 acres lot.

Key Features

  • Built in 1955
  • 5.16 acre lot

Property Details

1 story
1 full, 1 half
3-car garage
1955
Listing Description

Rare property! 2 properties being sold together. 1196 sq ft 3 bed 1.5 bath home on .84 acres is a fixer that has great bones but needs love. 2nd lot is 4.32 treed acres with it's own building approval. This is a great multigenerational situation. Property will not qualify for standard financing.

This will need rehab loan or cash or specialized financing or combo land loan on one lot and rehab or cash on house. Close to town but tucked away private treed setting. Elk and Deer frequent the property. Besides having an artesian well there are domestic water rights to a spring also that used to be the water source before the well was drilled. Septic tank was replaced with county inspection in 2024.

Monthly Cost Estimate

$2,941/mo

20% down · 6.5% · 30 years

Principal$398
Interest$2,383
Insurance$160

Estimates only. Actual payments may vary.

Location

47980 NW WALDHEIM Way

Forestgrove, OR 97116

Features & Amenities

Interior Features

Laundry

Exterior Features

PatioPorchRVParkingYard

Property Details

Outdoor Features

PatioPorch

Heating

Baseboard

Appliances

DishwasherFreeStandingRange

Questions & Answers

This 3-bedroom, 2-bathroom single family at 47980 NW WALDHEIM Way is listed at $549,900 ($460/sqft). The estimated monthly payment is $2,941 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1955, 5.16 acre lot. Interior Features: Laundry. Exterior Features: Patio, Porch, RVParking.

This property is listed by Pat Griffith.

PG

Pat Griffith

Agent at John L. Scott Beaverton-Sunset Corridor

Listed by John L. Scott Beaverton-Sunset Corridor · Broker phone: (503) 645-7433 · View on Broker Site · Broker website

MLS# 651182032· Source: Regional Multiple Listing Services· 456 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

47980 NW WALDHEIM Way, Forestgrove, OR 97116

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