Listed by: Paul J Terjeson · Keller Williams Realty Mid-Willamette

$2,250,000Price cut $350,000
  • 4 beds
  • 3 baths
  • 2,738 sqft

23301 SW McKibben Road, Sheridan, OR 97378

Est. $12,099/moPayment calculator
  • Single Family ResidenceHome type
  • Built in 1960Year built
  • 16.2 acresLot
  • $822/sqftPrice per sqft
  • NoneHOA
  • 2-car garageParking

About this home

  • Listed Feb 26, 2026
  • 219 days on market
  • 48 photos

Riverfront income property offering nearly 35,000 sq ft of covered, insulated shop space, including 4,000+ sq ft of cold storage. Water rights irrigate 8.25 acres of mature kiwi berry vines with proven production history. Robust infrastructure supports agricultural processing, storage, and a home-based business. Diverse revenue opportunities create strong income potential, positioning this property as a compelling investment.

Facts & features

Interior

Bedrooms
4
Bathrooms
3
Full bathrooms
3
Living area
2,738 sqft
Levels
Two

Features

  • Kitchen Island
  • Pantry
  • Soaking Tub

Appliances

  • Dishwasher
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Water Heater

Heating & cooling

  • Forced Air
  • Oil
  • Other

Flooring

  • Carpet
  • Laminate
  • Tile

Property

Lot size
16.2 acres
Garage spaces
2
Subdivision
N/A

View

  • River
  • Territorial
  • Valley

Parking

  • Driveway
  • RV Access/Parking

Construction

Home type
Single Family Residence
Property type
Residential
Year built
1960

Materials

  • Concrete
  • Composition roof

Utilities

Sewer & water

  • Septic Tank
  • Public water
  • Well water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Yamhill

Financial & listing details

List price
$2,250,000
Original list price
$2,600,000
Price per sqft
$822
Annual property tax
$3,037
Date on market
Feb 26, 2026
Days on market
219
MLS#
220215966

Price & status history

DateEventPrice
Feb 26, 2026Listed for sale$2,600,000

Neighborhood

  • SubdivisionN/A
  • CitySheridan, OR 97378
  • CountyYamhill

Payment calculator

Estimated monthly payment

$12,099/mo

  • Principal & interest$11,377
  • Property taxes$253
  • Homeowners insurance$469
  • HOA dues$0

Loan amount $1,800,000 · 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 Keller Williams Realty Mid-Willamette · Listing agent: Paul J Terjeson

Source
MLS of Central Oregon
MLS#
220215966
Last updated
Apr 9, 2026 at 10:25 AM

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.