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15816 S Wave Rd

Mulino, OR 97042

3 beds
2 baths
1,105 sqft
~40 acre lot
$809 per sqft
2007 build
– on site

Secluded 40-Acre Forested Retreat with Versatile Work/Live Setup. Tucked away at the private end of a road, this expansive 40-acre forested property offers a rare blend of privacy, functionality, and natural beauty. The three-bedroom, two-bathroom home is uniquely built inside a large, insulated, and heated 40' x 60' shop, creating the ideal live/work environment. Inside the shop, you'll find an office with built-in shelving and a full bathroom, which connects via the utility room to a spacious main-level bedroom. This bedroom features custom knotty pine cabinetry, abundant natural light, and its own wraparound private deck. Upstairs, the main living area boasts vaulted ceilings with exposed beams, a ceiling fan, woodstove, and a second deck for enjoying the peaceful surroundings. The kitchen is equipped with knotty pine cabinets, a range, refrigerator, dishwasher, microwave, pantry, and a breakfast bar. A second primary suite includes a private entrance to the bathroom and a ceiling fan. The property features numerous outbuildings and amenities including a chicken coop with 220V power, large pole barn, formerly used as a small lumber mill, covered wood storage near the shop, lean-to adjacent to a storage container. The shop is a standout feature with 3-phase power, paid-in-full solar panels on the roof, an overhead beam crane hoist, three 14' roll-up doors (front and back), heavy-duty shelving, and rebar-reinforced concrete floors. Located just 8 minutes from Mulino and Hwy 213, this property offers the perfect balance of a secluded setting and accessibility.

Listing courtesy of RMLS / Keller Williams Sunset Corridor

Last checked: Checking… • Last updated May 10, 2025 •

MLS# 640301537 —

The Building

Year Built:

2007
New Construction:

false
Architectural Style:

Stories2, Other
Roof:

Composition
Stories:

2
Basement:

None
Exterior Description:

MetalSiding
Exterior Features:

Deck, Garden, PrivateRoad, RVParking, RVBoatStorage, ToolShed, Workshop, Yard
Window Features:

DoublePaneWindows, VinylFrames
Accessibility:

true
Accessibility Features:

MainFloorBedroomBath
Building Area Description:

seller
Building Area Total:

1105.0
Building Area Calculated:

1105

Interior

Interior Features:

CeilingFan, LuxuryVinylPlank, VaultedCeiling, WalltoWallCarpet, WasherDryer
Fireplace Features:

Stove

Room Dimensions

Main Level Area Total:

310
Upper Level Area Total:

795

Financial & Terms

Bank Owned:

false
Land Lease:

false
Short Sale:

false
Home Warranty:

false

Location

Directions:

99E S, S Mulino Rd, L 213 N, S Graves Rd to Wave Rd
Latitude:

45.216268
Longitude:

-122.542818

The Property

Parcel Number:

01799851
Property Type:

Residential
Property Subtype:

SingleFamilyResidence
Property Condition:

Resale
Lot Features:

Level, Sloped, Solar, Wooded
Lot Size Range:

Acres20to50
Lot Size Acres:

40.0
Lot Size SqFt:

1742400.0
Zoning:

TBR
View:

true
View Description:

Territorial, TreesWoods, Valley
Waterfront:

true
Waterfront Features:

Creek
Farm:

true
Property Attached:

false
Road Surface Type:

Gravel

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Legal Description:

SECTION 15 TOWNSHIP 4S RANGE 2E TAX LOT 00801
Tax Annual Amount:

3007.29

Beds

Bedrooms Total:

3

Baths

Total Baths:

2
Full Baths:

2
Total Baths:

2.0
Total Baths Main Level:

1.0
Total Baths Upper Level:

1.0
Full Baths Main Level:

1
Full Baths Upper Level:

1

The Listing

Virtual Tour URL Unbranded:

https://www.viewshoot.com/tour/MLS/15816SouthWaveRoad_Mulino_OR_97042_639_414850.html

Heating & Cooling

Heating:

WallHeater, WoodStove
Heating:

true
Cooling:

false

Utilities

Sewer:

SepticTank
Hot Water Description:

Electricity
Water Source:

Well
Fuel Description:

Electricity

Appliances

Appliances:

Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Microwave, Pantry

Schools

Elementary School:

Mulino
Middle Or Junior School:

Molalla River
High School:

Molalla

The Community

Senior Community:

false

Parking

Attached Garage:

true
Garage Type:

Attached
Garage Spaces:

3.0
Parking Total:

3.0
Parking Features:

Driveway, RVAccessParking
RV Parking:

RVParking,RVBoatStorage

Monthly cost estimate

Asking price

$895,000

Expense	Monthly cost
Mortgage	$4,792
Taxes	$250
Insurance	$246
Utilities	$98 See report
Total	$5,386/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
5/9/25 May 9, 2025	Listed / Active	RMLS	$895,000

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This house located in Mulino, OR 97042 is currently for sale for $895,000. 15816 S Wave Rd is a 1,105 square foot house with 3 beds and 2 baths that has been on Estately for 0 days.

Listing Courtesy of: RMLS and Keller Williams Sunset Corridor.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Estately are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content © 2025 RMLS™, Portland, Oregon.

This content last updated on 05/09/2025 20:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.