Private setting with Sweeping views of the Applegate Valley. 40.77 acres zoned WR & RR5 with 2 pastures for horses. 2 homes on property. Main house is 1720 sqft 3 bdrm 2 bath with hardwood floors, bathrooms have been updated and new metal roof. Wood stove and Mini split for heat/cooling and a little unfinished remodel in kitchen, with enclosed sunroom of 136 sqft. ADU is 960 sqft 1 bdrm 1 bath w/ loft ready for the finish work. It has been stripped to the Studs, new metal roof. Waiting for new inspiration. 3 bay shop with loft, double carport, Koi Pond, RV pad, RV Carport Cover, 2 Pastures for Animals 4 stall barn, green house. Garden area with water system. BLM on one side per seller.
Single-familyProperty Type
1962Year Built
40.77 acresLot Size
$278Est. Price/Sq.Ft.
3 car garageParking
Listed by Sharon Watson• RE/MAX Integrity Grants Pass
Welcome to your forever home! With acres and acres of BLM on one side - this 40 acre gem has so much to offer. Enjoy sweeping views of the beautiful Applegate Valley from the expansive deck, miles of ATV and hiking trails along year round creeks, gold mine and much more right out your front or back door. Plenty of room to garden. Perhaps a vineyard, orchard? Event venue, VRBO, Bed and Breakfast? The possibilities are endless. The home 3bd, 2ba. sits on a knoll overlooking the valley. 12 gpm well, new paint and newer roof. The floors have been stripped and refinished and both bathrooms have been updated. There is no limit to the imagination when it comes to this property. The ADU is a 1bd/1 bath w/ a loft apt, a perfect MIL cottage. The property boasts a large three bay shop with room for your RV and plenty of parking for hosting get togethers. Less than 20 min from Grants Pass this property is one to see.
Year
Property tax
Land + Additions
Assessment*
2025
$3,700 (+7.0%)
$100,853 + $239,977
$340,830
2024
$3,459 (+15.2%)
$100,853 + $239,977
$340,830
2023
$3,004 (+3.5%)
$104,684 + $216,596
$321,280
2022
$2,901 (+3.6%)
$100,723 + $211,207
$311,930
2021
$2,801 (−1.8%)
$100,753 + $202,097
$302,850
2020
$2,852 (+0.7%)
$102,716 + $191,314
$294,030
2019
$2,831
$107,153 + $178,317
$285,470
Tax history for 12320 Water Gap Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,700 (+7.0%)
$100,853 + $239,977
$340,830
2024
$3,459 (+15.2%)
$100,853 + $239,977
$340,830
2023
$3,004 (+3.5%)
$104,684 + $216,596
$321,280
2022
$2,901 (+3.6%)
$100,723 + $211,207
$311,930
2021
$2,801 (−1.8%)
$100,753 + $202,097
$302,850
2020
$2,852 (+0.7%)
$102,716 + $191,314
$294,030
2019
$2,831
$107,153 + $178,317
$285,470
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.