2 months on rocket

85898 Lorane Hwy, Eugene, OR, 97405

$1,650,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
6 Full Baths
6,084 SqFt
$271/SqFt
House

Location

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85898 Lorane Hwy, Eugene$1,650,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Driveway
Attached Garage5 spaces
Year Built1963
HeatingForced Air, Heat Pump
CoolingHeat Pump
FireplaceGas Fireplace
ViewTerritorial, Valley
MLS #24022363
Lot Size52.00 Acres
StatusActive

About 85898 Lorane Hwy

Come experience a luxurious Lorane Valley estate, situated on a private hilltop facing evening sunsets, and the secluded upscale living you’ve been longing for. This home boasts 5 bedrooms & 6.5 bathrooms, with an additional 2 bedroom/1 bathroom apartment located above the detached 3 bay garage (including full RV garage). This home was built for entertaining, with its gourmet kitchen, formal dining, living, and family room. Two separate wet bars, one located in the kitchen, and the other facing the pool and 2600 sq ft paved patio. Custom pool, hot tub, water feature, and propane powered fire lamps. Main level and upstairs primary suites. Expansive laundry facility and workout room. Every detail has been thought of. You won’t be disappointed!

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story, Custom Style
  • Year Built: 1963
  • Stories: 2
  • Living Area: 6,084 SqFt

Listing Office:

  • Office Name: Triple Oaks Realty LLC
  • Office Phone: (541) 556-5093
  • Listing Agent: Brent Cole

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Refrigerator, Range Hood
  • Basement: No
  • Flooring Type: Granite, Hardwood, Tile, Wood
  • Interior: Central Vacuum, Granite, High Ceilings, Laundry, Soaking Tub, Vaulted Ceiling(s), Wainscoting
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Territorial, Valley
  • Exterior: Builtin Barbecue, Built-in Hot Tub, Cross Fenced, Fence, Fire Pit, Garden, Gas Hookup, Outbuilding, Patio, Private Road, RV Parking, RV/Boat Storage, Second Garage, Security Lights, Water Feature, WaterSense Irrigation, Workshop

Parking Information:

  • Garage Space: 5 spaces
  • Attached Garage: Yes
  • Parking: Covered, Driveway

Lot Features

Lot Information:

  • Lot: Private, Rolling/Hilly, Sloped, Trees, Wooded
  • Lot Size: 52.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Bailey Hill Rd to Lorane HWY; Private Drive on North side of road. Gated entry

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,650,000
  • Price Per SqFt: $271/SqFt

Tax Information:

  • Annual Amount: $12,086
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Eugene, OR.

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Eugene, OR

City

Med. Sold Price

$478.9K

Med. Price/SqFt

$301

Avg. Days On Market

38

# of Sold Homes

131

85898 Lorane Hwy vs Eugene

69 DAYS ON ROCKET

+31 Days

$1,650,000

+$1.1M More

$271/SqFt

-$31 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $31/SqFt less than other homes in Eugene, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24022363

Listing Office:

  • Office Name: Triple Oaks Realty LLC
  • Office Phone: (541) 556-5093
  • Listing Agent: Brent Cole

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 10, 2009Home Sold
$850,000
Jul 14, 2003Home Sold
$256,000
May 13, 2003Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2020$12,086$992,158
2018$10,791$935,205
2017$9,853$907,966

History based on county public records data.

Payment Calculator

$8,303

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,013

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1110116
8
/10

  • Twin Oaks Elementary School

  • 85916 Bailey Hill Rd

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-1110117
5
/10

  • Family School

  • 1155 Crest Dr

  • 3.15 miles

  • Public District Grades KG-5

school-card-donut-1110118
3
/10

  • McCornack Elementary School

  • 1968 Brittany St

  • 3.36 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,569. The most common annual income of people living in Eugene, OR is between $35k-100k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Eugene, OR

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Eugene, OR?

Eugene offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from quaint bungalows to contemporary eco-friendly designs. The housing stock includes a mix of older homes with character, as well as newer constructions that cater to modern tastes. While the majority of residents own their homes, a substantial portion of the population opts for renting, reflecting a balanced housing market.

What are the advantages of living in Eugene, OR?

Eugene is celebrated for its vibrant arts scene and outdoor recreation opportunities. The community prides itself on its environmental consciousness and active lifestyle, with numerous parks and trails supporting a variety of outdoor activities. The city's character is further defined by its commitment to cultural events, including music festivals and art walks, which showcase the creativity and community spirit of the area.

Are essential services in Eugene, OR convenient?

The community is served by a robust educational system, including a range of public and private schools that cater to different educational needs and preferences. Healthcare services are comprehensive, with several hospitals and clinics providing a spectrum of medical care. Eugene's public library system is extensive, offering resources and programs for all ages. Retail and dining options are plentiful, with an emphasis on local and sustainable offerings that reflect the community's values.

How do Eugene, OR residents get around?

Eugene's transportation infrastructure includes a reliable public transit system with regular bus services connecting various parts of the city. The community is bike-friendly, with dedicated lanes and trails promoting cycling as a viable mode of transport. The city's road network facilitates easy access to major highways, enhancing connectivity for those who commute by car. Efforts are ongoing to improve transportation efficiency and accessibility, reflecting the city's commitment to sustainable and convenient travel options.

Frequently Asked Questions About 85898 Lorane Hwy

What is the listing price of this property?

The listing price of 85898 Lorane Hwy property is $1,650,000.

What type of property is this?

The property 85898 Lorane Hwy is a house located in Eugene, Oregon, 97405.

Is this property for sale now?

Active Listing: 85898 Lorane Hwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $12,086 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 10, 2009 for $850,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 85898 Lorane Hwy has 5 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 85898 Lorane Hwy is 6,084 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 85898 Lorane Hwy is 1963.

Rocket Homes›Oregon›Lane County›Eugene›97405›85898 Lorane Hwy

This home is located at 85898 Lorane Hwy in Eugene, OR and zip code 97405. This 6,084 square foot home, which was built in 1963, sits on a 52.00 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $1,650,000.

In October 2024 more than 42 listings in Eugene, OR were sold above the asking price. During the same period more than 38 listings were sold at asking price, while more than 51 were sold below. The inventory of homes for sale in Eugene, OR between September 2024 and October 2024 increased by 1%. Listings spent 38 days on the market in October 2024, and had a median list price of $478,906 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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