Debra Cosma

54706 Highway 31

Summer Lake, OR
$ 400,000 Beds 3 Baths 2 Sq 980 Virtual Tour
Monthly Estimate* How much can I afford?

Discover the possibilities in Summer Lake! Situated on 2.5 acres with flexible A-3 Rural Center zoning, this unique property features two custom-built cabins and multiple options for living, recreation, or investment. Cabin 1, built in 2023, is a charming studio-style retreat with a successful history as a short-term rental. Cabin 2, completed in 2025, offers 2 bedrooms and 1 bathroom. Utilize the property as a primary residence, vacation getaway, short-term rental opportunity, or explore other uses allowed by the flexible zoning. Surrounded by the recreation and wide-open beauty of Oregon’s high desert, Summer Lake offers hunting, fishing, birding, hiking, ATV riding, hot springs, and abundant public lands. Two adjacent A-3 zoned parcels—approximately 2.5 and 5 acres—are also available. Call for details and explore the possibilities!

Active

  • Price
  • $ 400,000
  • City
  • Summer Lake
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • LAKE
  • Half Bathrooms
  • 0
  • Area
  • 310
  • Lot Size
  • 2.5 Acres
  • Zip
  • 97640
  • Sqr Footage
  • 980
  • Year Built
  • 2023
  • Taxes
  • $ 1255
  • Style
  • Stories1,Cabin
  • MLS#
  • 588187180
Listed By: HORSEPOWER REAL ESTATE -
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer StandardSeptic
Heating MiniSplit,WallHeater,Zoned
Roof Metal
Appliances BuiltinRange,StainlessSteelAppliance
Zoning A3
Garage Spaces 1.0
Architectural Style Stories1,Cabin
Year Built 2023
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 20099
County Lake
Property Type Residential
HOA No
Full Baths 2
Status Active
Directions Highway 31 between Lakeview Ln and the Summer Lake Store,on West Side of Hwy
High School Paisley Schl
City SummerLake
Disclosures Disclosure
MLS Area _310
Lot Size Square Feet 108900.0
Listing Terms Cash,Conventional,FarmCreditService,FHA,OwnerWillCarry,VALoan
Elementary School Paisley Schl
Tax Annual Amount 1255.62
Middle/Junior High School Paisley Schl
Property Condition Approximately
Virtual Tour https://youtu.be/6fbaBhXBtdk
Standard Status Active
Accessory Dwelling Unit Y/N No
ViewDescription Mountain
Legal Description 30S16E12-00-00503
SeniorCommunityYn False
ADU False

Interior Features

Basement None
Total Bathrooms 2.0
FuelDescription Electricity
Total Bedrooms 3
Total Baths 2

Exterior Features

Exterior Amenities CoveredDeck,Outbuilding,Patio,Porch,RVParking
Parking Features OffStreet,RVAccessParking
Lot Features GentleSloping
Water Source Private,Well
Total Parking 1.0
Garage Type Detached
Exterior Description BoardBattenSiding
Foundation Details ConcretePerimeter
Building Area Total 980.0
Lot Size Acres 2.5
Road Surface Type Gravel

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hillsboro, OR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Paisley Schl Elementary School
Middle School Paisley Schl Middle School
High School Paisley Schl High School

Price History

9/19/2026 Listed $400,000

Property vs Zip Code Average in 97640

Price
AVG $360K
$400K
Taxes
AVG $1,803
$1,255
Year Built
AVG 2003
2023

Areas That We Cover

54706 Highway 31 Summer Lake, OR is a Single Family Home for sale at $400000 with 980 sqft and a lot size of 2.5 Acres Acre(s). 54706 Highway 31 Summer Lake has 3 bedrooms, 2 baths and was built in 2023. The property's zip code is 97640 which is in Summer Lake, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Debra Cosma

Debra Cosma

971-297-3357

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