Listed by: Greg Goebelt · John L. Scott Ashland

$739,000Price cut $59,500
  • 4 beds
  • 3.5 baths
  • 2,700 sqft

197 Timberlake Drive, Ashland, OR 97520

Est. $4,587/moPayment calculator
  • Single Family ResidenceHome type
  • Built in 1988Year built
  • 5.5 acresLot
  • $274/sqftPrice per sqft
  • NoneHOA
  • 2-car garageParking

About this home

  • Listed Jul 27, 2026
  • 68 days on market
  • 70 photos

Private 5.5-acre mountain retreat with stunning views, gated entry, asphalt drive, and expansive paved parking, only 5 minutes to town! Perched above Emigrant Lake, this impeccably maintained 2,700 sq ft home offers flexible living: two inviting living areas (one with a cozy fireplace, the other with a wet bar and patio access), a sunlit kitchen with tile floors, granite counters & backsplash, and all appliances included. Main level features formal dining, a bedroom and 1.5 baths; upstairs the spacious primary suite with walk-in closet plus two more bedrooms, 2 full baths and larger storage room. Huge attached workshop with shelving, workbenches and 220/240A service (could be converted to ADU), plus an attached 2-car garage. Entertain or unwind on the deck with pergola and hot tub, enjoy outdoor/indoor living and private hiking trails right on the property.

Facts & features

Interior

Bedrooms
4
Bathrooms
3.5
Full bathrooms
3
Half bathrooms
1
Living area
2,700 sqft
Levels
Two

Features

  • Built-in Features
  • Ceiling Fan(s)
  • Central Vacuum
  • Double Vanity
  • Granite Counters
  • Linen Closet
  • Pantry
  • Shower/Tub Combo
  • Soaking Tub
  • Walk-In Closet(s)
  • Wet Bar

Appliances

  • Dishwasher
  • Disposal
  • Double Oven
  • Dryer
  • Microwave
  • Range
  • Refrigerator
  • Washer
  • Water Heater
  • Water Softener
  • Wine Refrigerator

Heating & cooling

  • Fireplace(s)
  • Electric
  • Heat Pump
  • Heat Pump
  • Whole House Fan

Flooring

  • Carpet
  • Hardwood
  • Tile

Property

Lot size
5.5 acres
Garage spaces
2
Subdivision
N/A

Exterior features

  • Spa/Hot Tub

View

  • Cascade Mountains
  • Lake
  • Mountain(s)
  • Valley

Parking

  • Asphalt
  • Attached
  • Driveway
  • Garage Door Opener
  • Gated
  • RV Access/Parking
  • Workshop in Garage

Construction

Home type
Single Family Residence
Property type
Residential
Year built
1988

Materials

  • Frame
  • Composition roof

Utilities

Sewer & water

  • Septic Tank
  • Standard Leach Field
  • Private water
  • Well water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Jackson

Financial & listing details

List price
$739,000
Original list price
$798,500
Price per sqft
$274
Annual property tax
$8,349
Date on market
Jul 27, 2026
Days on market
68
MLS#
220226035

Price & status history

DateEventPrice
Jul 27, 2026Listed for sale$798,500

Neighborhood

  • SubdivisionN/A
  • CityAshland, OR 97520
  • CountyJackson

Payment calculator

Estimated monthly payment

$4,587/mo

  • Principal & interest$3,737
  • Property taxes$696
  • Homeowners insurance$154
  • HOA dues$0

Loan amount $591,200 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

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Listing provided by John L. Scott Ashland · Listing agent: Greg Goebelt

Source
MLS of Central Oregon
MLS#
220226035
Last updated
Sep 29, 2026 at 5:17 PM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.