👑 Off-Market Umpqua Riverfront on 1 Acre: STR or Long-Term Hold 👑
Price: $310,000
23620 State Highway 38, Elkton, OR 97436
Call for Walkthrough!
Riverfront on the Umpqua almost never trades off-market, and this one comes with a full acre and a house that’s already done the heavy lifting. The kitchen and bathrooms are updated and the water tank is only nine months old, so you’re not buying a gut job or inheriting a big-ticket repair on day one. You’re buying land, water frontage, and a structure that can produce income right away. There are several ways to play it. You could run it as a short-term rental for the anglers, rafters, and wine-country travelers who come through Elkton every season. You could hold it as a long-term rental. Or you could add light cosmetic work and resell it retail to buyers who pay up for private river access, a shop with power, and RV parking. Riverfront inventory in this corridor is thin and the waterline is fixed, so the scarcity works in your favor whichever exit you pick.
2 beds | 2 baths | 1,534 sqft
1.04-acre lot
Updated bathrooms
Water tank is 9 months old
Well and septic systems inspected in 2018
Stone fireplace and wood-burning stove in the living room
Large river-facing window
Covered carport with driveway and RV parking
Shop/outbuilding with power
Umpqua Riverfront property with direct river access and scenic river and woodland views
Near restaurants, shops, parks, and outdoor recreation
ARV Comps:
https://www.zillow.com/homedetails/7349-Henderer-Rd-Elkton-OR-97436/61050503_zpid/
https://www.realtor.com/realestateandhomes-detail/110-Steelhead-Dr_Elkton_OR_97436_M26570-58844
Closing date: 11/23/2026 – Cash and hard money only, 10,000 EM deposit upon mutual acceptance. Buyer to pay closing costs.
Please contact us via DM or call if you have any other questions (503) 404-4532.
Cash or hard money only, price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Wholesale King does not allow for buyers to reassign or sell to a third party prior to close. Opinion of value and breakdown spreadsheet is given as a courtesy only as seller makes no guarantees or warranties, express or implied, as to the value, condition, remodel cost, and/or any costs or fees associated with selling or investing in this property. Members of selling entity are real estate licensee’s in the State of Oregon and Washington. Real Estate Licensee and/or associated brokerage are not acting in any role as real estate broker or as a brokerage of this transaction. No brokers are receiving compensation as part of this Agreement and are not representing any party.
