tomo logo

$800,000

Beds
6
Baths
6.0
sq ft
Unknown

487 Arkansas Ave, Vernonia, OR 97064

487 Arkansas Ave

Vernonia, OR 97064

  • 20 days on market
Rare opportunity to own a piece of Vernonia's history!Step into The Carpenter’s Guest House, a rare gem in Vernonia that blends history, charm, & exciting income potential! This extraordinary home isn’t just a place to live—it’s a turnkey business opportunity waiting for its next visionary owner.With four exquisite bedrooms, each with a private bath, your guests (or tenants!) will experience luxury & comfort. Plus, a separate 1-bedroom apartment with a kitchenette and private entrance offers bonus income or a perfect space for multi-generational living.Already operating as a thriving Bed & Breakfast, this property allows you to step into a profitable venture or create your own dream rental business. Be sure to ask for business details—this opportunity is too good to pass up!Outside, enjoy the perfectly situated corner lot with plenty of parking (including RV w/ hookup), lush cherry trees, & grapevines. Whether you’re hosting summer barbecues, sipping coffee in the morning sun, or unwinding under the stars in the 8-person hot tub, this home offers endless lifestyle perks.Lovingly restored in 2006/2007 with updated plumbing, electrical, a newer roof, and a standby generator, this property is move-in (or business-ready!). Plus, a security system with outdoor cameras & a brand-new gas fireplace insert ensures comfort and peace of mind.Just minutes from downtown Vernonia & scenic hiking trails, this stunning property is a must-see for entrepreneurs, investors, or anyone dreaming of a luxurious retreat. Book your tour today & turn this dream into reality!

Details

Property type

Single Family Residence

Est. home value

$587,295

Lot size

0.39 acres

Price per sq ft

Unknown

Year built

1924

Annual property taxes

$4,922.24

HOA

No

Price History

03/13/2025
PortlandOR

PortlandOR #531975591

Listed
$800,000
-5.88%
02/06/2024
PortlandOR

PortlandOR #23645836

Removed
$850,000
10/07/2023
PortlandOR

PortlandOR #23645836

Pending
$850,000

Schools & Community

Elementary school: 

Vernonia

Middle school: 

Vernonia

High school: 

Vernonia

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Stearns Lending Inc

Loan start date

February 2014

Original loan amount

$294,500

Est. remaining balance

Not provided

Interest rate

4.51%

Loan type

Commercial, 30 year

Seller

Gregory J Mccallum and Julie L Mccallum

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 5:50 PM

Listing updated: 04/02/2025 at 5:21 PM

Listed by: Melissa Welker, Stellar Realty Northwest Phone #: (503) 265-8153

MLS: PortlandOR #531975591

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