This home's estimate is 39% lower than the average sale price ($434K) of 6 comparable homes.
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87376 Cedar Flat Rd, Springfield, OR 97478
About this home
Investment or Flip Opportunity! This 1.7-acre property in Springfield offers huge potential for the savvy investor or visionary flipper. Just a 10-minute drive to Thurston's grocery stores, restaurants, and amenities, the lot includes two existing dwellings. The lower red/brown home is currently uninhabitable, and the gray home at the top left of the property is a significant fixer-upper, also likely uninhabitable. Neither structure has active electric or water services. Pump house located on the lower road, next to red house. Extensive buyer due diligence is strongly advised. With the right vision, this property could be transformed into a dual-living setup or an ideal multi-generational homestead.

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Market trends in 97478, OR
Last updated July 2026
Buyer's Market
Seller's Market
Seller's market
- OPEN SAT, 12PM TO 2PM$445,0003 beds3 baths1,411 sq ft4868 Glacier Dr, Springfield, OR 97478Melissa McGuire • Berkshire Hathaway HomeServices Real Estate Professionals
- OPEN SAT, 11AM TO 1PM$419,0003 beds2 baths1,418 sq ft196 S 72nd St, Springfield, OR 97478Ashley McPherson • Keller Williams Realty Eugene and Springfield
- $37,5002 beds2 baths924 sq ft1125 58th St #96, Springfield, OR 97478Shawn Mogenson • United Real Estate Properties
- COMING SOON$479,9003 beds3 baths1,562 sq ft575 S 70th St, Springfield, OR 97478Donna Phibbs • Hybrid Real Estate
- $540,0004 beds3 baths2,050 sq ft5270 Squirrel St, Springfield, OR 97478Frank Houser • Premiere Property Group LLC
- OPEN SUN, 1PM TO 3PM$420,0003 beds2 baths1,324 sq ft5792 E St, Springfield, OR 97478Rebecca Hanson • Frankly Real Estate
- 3D WALKTHROUGH$909,0003 beds3 baths2,510 sq ft35885 Ellington Dr, Springfield, OR 97478Kim Arscott • Hybrid Real Estate
- $31,5002 beds2 baths980 sq ft5335 Main St #10, Springfield, OR 97478Nick Nelson • Keller Williams Realty Eugene and Springfield
- $429,0003 beds2 baths1,304 sq ft933 S 44th St, Springfield, OR 97478Beth Blackwell • Triple Oaks Realty LLC
See all
Provided by Redfin
Sale history for 87376 Cedar Flat Rd
$201/sq ft
$301/sq ft
$53/sq ft
Tax history for 87376 Cedar Flat Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Interior
- Bathroom Information
- Bathrooms Full: 1
- Bathrooms Full Main Level: 1
- Bathrooms Total Integer: 1
- Bathrooms Total Main Level: 1
- Baths Total: 1
- Room 9 Information
- Description: Dining Room
- Room 10 Information
- Description: Family Room
- Room 11 Information
- Description: Kitchen
- Room 12 Information
- Description: Living Room
- Room 13 Information
- Description: Primary Bedroom
- Level: Main
- Room 14 Information
- Description: Great Room
Exterior
- Exterior Features
- Roof: Metal
- Exterior Description: Shingle Siding, Wood Siding
- Lot Information
- Lot Size Square Feet: 74,052
- Lot Size Range: 1 to 2.99 Acres
- Lot Size Acres: 1.7
- Lot Size: 1 to 2.99 Acres
- Lot Features: Trees, Wooded
- Parcel Number: 0556090
- Road Surface Type: Paved
- Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Property Attached YN: No
- Property Condition: Fixer
- Main Level Area Total: 748
- View YN: Yes
- View Description: Creek/Stream, Mountain(s)
- Building Information
- Year Built: 1946
- Building Area Total: 748
- Building Area Description: RLID
- Building Area Calculated: 748
Financial
- Tax Information
- Tax Year: 2024
- Tax Legal Description: 18-01-06-00-00100
- Tax Annual Amount: $1,998.49
- Lease / Rent Information
- Land Lease YN: No
Utilities
- Utility Information
- Green Certification YN: No
- Fuel Description: Electricity, None
- Water Source: Well
- Sewer: Septic Tank
- Heating & Cooling
- Heating YN: No
- Cooling YN: No
Location
- School Information
- Elementary School: Walterville
- Middle Or Junior School: Thurston
- High School: Thurston
- Location Information
- Directions: Hwy 126 East, Right on Cedar Flat Rd, property is on Right
- Unparsed Address: 87376 CEDAR FLAT RD, Springfield, OR 97478
- Community Information
- Senior Community YN: No
- Zoning: RR5
Public facts
- Beds: 1
- Baths: 1.0
- Sq. Ft.: 748
- Stories: 1.0
- Lot Size: 1.7 acres
- Style: Single Family Residential
- Year Built: 1946
- Year Renovated: 1946
- County: Lane County
- APN: 0556090
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
- New Construction Information
- New Construction YN: No
Around this home
Schools
Public K-5 • Assigned • 4.9mi
Public 6-8 • Assigned • 3.6mi
Public 9-12 • Assigned • 4.1mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 90° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
17 unhealthy days expected this year, 19 days in 30 years
Sun exposure
In this area, properties receive around 10.6 hours in June and 2.2 hours in December, placing it below the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 97478
Home values near 87376 Cedar Flat Rd
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | 2188 Sq. Ft. | $458,369 |
3 Beds | 2 Baths | 1436 Sq. Ft. | $641,318 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1462 Sq. Ft. | $454,731 |
2 Beds | 1 Baths | 1311 Sq. Ft. | $448,621 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1920 Sq. Ft. | $693,403 |
- Beds | 1 Baths | 784 Sq. Ft. | $183,510 |
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