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Lakefront Recreational Land
New
For Sale
$949,000

4990 Waldo Road, Cave Junction, OR 97523

Land, Cave Junction, OR

Property SizeContact for details
Lot Size460.00 Acres
Days on Market2

Property Features for 4990 Waldo Road

General Information

Property type Land
Property subtype Other
Zoning description FC
Lot features Marketable Timber
View Lake, Territorial
Elementary school Evergreen Elem
Middle school Lorna Byrne Middle
High school Illinois Valley High
Standard status Active
APN R3323772
Lot size 460.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2275

Utilities

Water front features Lake Front, Waterfront
Water front 1
Listing Agency: John L. Scott Medford
Listed By: Martin Outdoor Property Group · License #200706071
Added: Oct 8 Last Checked: Oct 9 at 6:06PM
MLS# 220229788

Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 460-acre recreational property in Cave Junction includes a 20-acre lake, three tax lots, and an existing shop structure for storage. The land carries forest zoning, and potential uses such as residential development are subject to land-use approval.

The property is located on Waldo Road and has direct access to adjoining public lands. Its lakefront setting and substantial acreage are defining physical features.

Key Highlights

  • 460 acres across three tax lots
  • 20‑acre lake within the property
  • Forest zoning; residential development potential is subject to land‑use approval

Property Analytics

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Current Use

Recreation land

Suggested Use

Top Pick Garden Center Bed & Breakfast Adult Day Care Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 97523, OR

6,548
Population
3,606
Households
1.8
Avg Household Size
50
Median Age
18%
College-Educated
91%
High-School Grad
250.3 sq mi
ZIP Area
26
Density / Sq Mi
$45,960
Median Household Income
$27,227
Median Earnings
$1,239
Median Rent
$301,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Recreation land - A storage shop and access to adjoining public lands complement this lake-centered holding.
Where is this recreation land located?
The property is located at 4990 Waldo Road Cave Junction, OR.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 460 acres across three tax lots; 20‑acre lake within the property; Forest zoning; residential development potential is subject to land‑use approval
More about this property
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