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$4,000,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 1.18 Acres
  • Updated 3 days ago
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A landmark downtown Ashland land offering. Just one block from Ashland's Plaza, this rare 1.18-acre commercial development site represents one of the last opportunities of its scale & prominence in the downtown corridor. Located within the Employment Zoning District, the property offers exceptional potential for hotel, conference center, mixed-use, luxury residential, retail, offices, or destination development. Extensive prior approvals include architectural, engineering, landscaping, utility, and entitlement plans for an 8-building mixed-use project with ground-level commercial spaces and luxury residences above. Current approvals expire Summer 2026 and may be eligible for renewal. With virtually no remaining undeveloped commercial land of this size in downtown Ashland, this offering combines exceptional visibility, strong street presence, & outstanding walkability to the Plaza, acclaimed restaurants, theaters, galleries, and Lithia Park. Rare scale. Rare location. Rare opportunity.

Full Property Details for 165 Water St

General

  • Price: $4,000,000
  • Taxes: $7,760 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: RWMLS
  • MLS ID: 794757614
  • Updated: 6/6/2026
  • Added to Site: 4 day(s) ago

Rental Information

  • Availability: Sale

Location

  • County: Jackson
  • Driving Directions: Corner of Van Ness and Water St and also fronting Helman.

School Information

  • Elementary School: Helman
  • Middle School: Ashland
  • High School: Ashland

Community

  • Community Name: 805 - Jackson Co: Ashland

Utilities

  • Utility Description: Electricity Connected, Public Water-500'+, See Remarks, Sewer Connected, Water Connected

Structural Information

  • Property Detached: Yes
  • Current Bldg. Use: Commercial

Additional Structures

  • Other Structures: Driveway, Workshop

Lot Features

  • Lot Size (Acres): 1.18
  • Lot Size (Sq. Ft.): 51,400
  • Lot Size: 20, 000 SqFt to .99 Acres
  • Frontage: Paved
  • Lot Features: Corner Lot, Public Road

Financial Considerations

  • Tax Amount: $7,760.34
  • Tax Year: 2025
  • Terms: Call Listing Agent, Cash, Conventional

Disclosures and Reports

  • Legal Description: 391E04CC - 2000, 391E04CC - 2100, 391E04CC - 7100
  • Disclosures/Reports: Disclosure
  • Property ID: 10049860

Listed by Millen Property Group (541) 301-3435, Patricia Millen (541) 301-3435

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Listing agent

— 165 Water St —

  • Patricia Millen

    Millen Property Group

    541-301-3435

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 165 Water St

School District:Ashland School District 5
NameGradesDistance
Helman Elementary School
705 Helman Street, Ashland, OR 97520
K-50.6 mi
Ashland Middle School
100 Walker Avenue, Ashland, OR 97520
6-81.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 165 Water St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/05/2026
Listed
$4,000,000
451.72%
MLS
1/19/2016
Sold
$725,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 165 Water St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,769
2%
$364,290
3%
2024
$5,648
3%
$353,680
3%
2023
$5,464
3%
$343,380
3%
2022
$5,289
4%
$333,380
3%
2021
$5,109
5%
$323,670
6%
2019
$4,887
39%
$305,105
35%
2018
$3,522
1%
$226,010
3%
2017
$3,497
3%
$219,430
3%
2016
$3,405
4%
$213,040
3%
2015
$3,274
3%
$206,840
3%
2014
$3,168
5%
$200,820
3%
2013
$3,007
—
$194,980
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Millen Property Group (541) 301-3435, Patricia Millen (541) 301-3435

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165 Water St, Ashland, OR 97520 (MLS# 794757614) is a Lots/Land property with a lot size of 1.18 acres. 165 Water St is currently listed for $4,000,000 and was received on June 05, 2026. Want to learn more about 165 Water St? Do you have questions about finding other Lots/Land real estate for sale in Croman Mill? You can browse all Croman Mill real estate or contact a Coldwell Banker agent to request more information.

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