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$2,500,000
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Property Description
Calling all Farmers, Dreamers, and River Lovers: Amazing working farm located ON the Willamette River with 211+ acres of the most beautiful soil ever imagined! This is the first time in decades that this property, part of the historic Joseph Gervais Donation Land Claim, has come for sale! 3 Tax Lots included with a nice 2,191 SF ranch-style farmhouse, multiple outbuildings, and an absolutely classic Red 3-story barn (apx, 75 X 50)! 15 acres is a mature producing filbert orchard, about 154+ acres of beautifully tilled soil for any crop you can imagine. Hops farms, filberts, and row crops in the area are flourishing! Awesome Chehalem, Newberg, and McBee soils deposited by the Missoula Floods make this one of the most productive agricultural areas in the world. Water Rights, you ask? YES- 2 wells known to produce 600 & 700 GPM (buyer to verify) have historical water rights, and other surface rights have been granted as well. This is a real big-time farm property! Agrotourism and Agritainment options abound as well, and the Wheatland Ferry and Willamette Mission State Park are just a couple of parcels away. To top this all off, the incomparable Willamette River fronts the farm with a unique peninsula and inland waterway that offers fishing, camping, boating, and unlimited private recreation. There is too much to list here- so please call the Broker for a marketing packet on this one-of-a-kind offering! All offers are subject to the Trustee's approval and the buyer's financial qualifications. 1/2 of all mineral rights will be retained by the seller.
Full Property Details
Full Property Details for 1491 Matheny Rd
General
- Sold For: $2,500,000
- Taxes: $4,726 (2023)
- Status: Sold
- Type: Single Family
- Source: RWMLS
- MLS ID: 23248620
- Added to Site: 745 day(s) ago
Interior
- Interior Features: Laundry
- Appliances: Built-in Range, Dishwasher, Microwave, Stainless Steel Appliance(s)
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Partial Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 12 x 15, Main, 180 Sq. Ft.
- Bedroom 2: 12 x 15, Main, 180 Sq. Ft.
- Bedroom 3: 11 x 13, Main, 143 Sq. Ft.
Other Rooms
- Living Room: 16 x 25, Main, 400 Sq. Ft.
- Kitchen: 12 x 18, Main, 216 Sq. Ft.
- Dining Room: Main
- Den: Main
Exterior
- Exterior Features: Barn(s), Cross Fenced, Garden, Outbuilding, Poultry Coop, RV Parking, Tool Shed, Yard
Parking
- Garage: Yes
- Attached garage: Yes
- Total Spaces: 2
- Parking Features: Off Street, RV Access/Parking
Location
- County: Marion
- Subdivision: Willamette River -
- Driving Directions: Take River Road to Matheny Road to Property
School Information
- Midd School District: Gervais
- Elementary School: Gervais
- Middle School: Gervais
- High School: Gervais
Community
- Community Name: 170 - Marion Co: Except Salem and Keizer
Heating & Cooling
- Heating Type: Forced Air
- Heating Fuel: Electricity
Utilities
- Sewer: Septic Tank
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: Ranch
- Basement Desc.: Crawl Space
- Roof: Composition
- Windows: Vinyl Frames
- Stories/Levels: 1
- Square Feet: 2,191
- Year Built: 1945
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 211.42
- Lot Size (Sq. Ft.): 9,209,455
- Lot Size: 100 to 199.99 Acres
- Frontage: Paved
- Lot Features: Gentle Sloping, Leased Land, Level, Secluded
Water Features
- Water Front: Yes
- Water Front Name: Willamette River
- Water Front Desc.: River Front
Financial Considerations
- Tax Amount: $4,726.24
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Disclosures/Reports: Exempt
- Property ID: 515424
Listed and Sold by MORE Realty (503) 353-6673, Dirk Knudsen (503) 799-8383
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Schools
Schools serving 1491 Matheny Rd
School District:Gervais School District 1
| Name | Grades | Distance |
|---|---|---|
Gervais Middle School 300 Douglas Avenue Northeast, Gervais, OR 97026 | 6-8 | 6.2 mi |
Gervais High School 300 E Douglas St, Gervais, OR 97026 | 9-12 | 6.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1491 Matheny Rd
Date
Details
Price
Change
Source
9/12/2025
Sold
$2,500,000
-13.76%
MLS
4/14/2025
Price Reduced
$2,899,000
-4.95%
MLS
2/06/2025
Price Reduced
$3,050,000
-3.14%
MLS
9/18/2024
Price Reduced
$3,149,000
-0.02%
MLS
8/27/2024
Price Reduced
$3,149,500
-4.27%
MLS
4/18/2024
Price Reduced
$3,290,000
-5.73%
MLS
1/25/2024
Price Reduced
$3,490,000
-5.42%
MLS
1/02/2024
Listed
$3,690,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1491 Matheny Rd, Gervais, OR 97026 (MLS# 23248620) is a Single Family property that was sold at $2,500,000 on September 12, 2025. Want to learn more about 1491 Matheny Rd? Do you have questions about finding other Single Family real estate for sale in Gervais? You can browse all Gervais real estate or contact a Coldwell Banker agent to request more information.

