97140, OR homes for sale & real estate

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ABOUT THIS HOME
97140, OR Homes for Sale
Potential Multifamily opportunity. Current zoning is low density residential, and multifamily will require a zoning change. There is positive indication from the City of Sherwood regarding the zoning change, but no pre-app conference or formal discussions have been had. The property to be sold includes the 13.82 acre parcel. Special consideration will be given to the Buyer who will: 1.Work with the Seller to minimize impact of daily operations of the Lodge. 2.Include the removal and decommissioning of the existing septic tank, and connect the Lodge to sewer. 3.Include gated road access from the development of the 13.82 acre parcel to the 4.89 acre parcel. 4.Meet or beat a minimum Purchase P

$7,500,000

Land13.82 acres (lot)

22770 SW Elwert Rd, Sherwood, OR 97140

Listed 232 days

Jeffry Wiren • Premiere Property Group, LLC

ABOUT THIS HOME
97140, OR Homes for Sale
Endless potential! Currently zoned GC. See also for sale ML: 316764642. Amazing frontage right on Hwy 99 / Pacific Hwy. 11+ acres available overall. Inquire for details. City of Sherwood is well aware of potential on this site.

$5,500,000

Land5.91 acres (lot)

22211 SW Pacific Hwy, Sherwood, OR 97140

Frontage on hwy 99 • Zoned gc

Jeff Moe • Premiere Property Group, LLC

ABOUT THIS HOME
97140, OR Homes for Sale
Great opportunity to build your dream home on 3.84 acres of land in the serene countryside of Sherwood. Park at the entrance of Grandvista Dr, the property is directly across Schmeltzer Rd. Please do not walk on neighboring properties.

$599,000

Land3.84 acres (lot)

SW Schmeltzer Rd, Sherwood, OR 97140

Serene countryside

Kerri Miller • Windermere Realty Trust

ABOUT THIS HOME
97140, OR Homes for Sale
Prime Farmland with Established Hazelnut Orchard – 19.97 Acres Total. Opportunity awaits with this income-producing farm featuring two parcels. These properties are near the urban growth boundary making them an excellent choice for both immediate income and long-term growth possibilities. Property Highlights: Parcel 1 is 7 acres of fertile farmland with mature hazelnut trees. Parcel 2 is: 12.97 acres, also planted with established hazelnut trees. Current development opportunities could be Agricultural building, Equestrian Facilities, arena, stabling or training equines including but not limited to providing riding lessons, training clinics and schooling shows. Buyer to perform due dil

$675,000

Land19.97 acres (lot)

Bell And Baker Rd, Sherwood, OR 97140

Listed 751 days

Andre Hage • MORE Realty

ABOUT THIS HOME
97140, OR Homes for Sale
buildable lot in Wine Country with excellent views. Attractive Yamhill County location in Sherwood.

$674,900

Land2.14 acres (lot)

NE Lander Lot B, Sherwood, OR 97140

Buildable lot • Excellent views

Chandler Willcuts • Willcuts Company Real Estate

Property at 22313 SW Pacific Hwy, Sherwood, OR 97140

$4,000,000

Land5.14 acres (lot)

22313 SW Pacific Hwy, Sherwood, OR 97140

Jeff Moe • Premiere Property Group, LLC

Property at 21487 SW Kruger Rd, Sherwood, OR 97140

$539,000

Land4.46 acres (lot)

21487 SW Kruger Rd, Sherwood, OR 97140

Nick Knight • Knight Realty Group LLC

Property at 10965 SW Tonquin Loop, Sherwood, OR 97140

$1,100,000

Land4.85 acres (lot)

10965 SW Tonquin Loop, Sherwood, OR 97140

Nick Knight • Knight Realty Group LLC

Property at 16075 SW Beef Bend Rd, Sherwood, OR 97140

$3,988,888

Land9.70 acres (lot)

16075 SW Beef Bend Rd, Sherwood, OR 97140

Eric Kvernland • Prestige Properties Inc

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Average home prices near 97140, OR

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97140, OR real estate trends

All Home Types trends in 97140, OR

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$644,721

+2.3% YoY | Aug 2026

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Aug 2026

Growth

% YoY

97140, OR

$644,721

+2.3%

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20 Redfin agents serving 97140

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Deals*

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Satisfaction

4376

Homes closed*

* Data from the last year

Popular Markets in Oregon

All information provided is deemed reliable but is not guaranteed and should be independently verified. The 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 brokerage firms other than Redfin are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Data Last Updated Wed Sep 16 2026

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