3918 Three Lakes Rd SE, Albany, OR 97322
FOR SALE
16.78 ACRES
Listed by QUINTON HAMEL, Northbridge Realty, (541) 979-9190

3918 Three Lakes Rd SE
Albany, OR 97322

  • 3 Beds
  • 3 Baths
  • 2,754 sqft (on 16.78 acres)

$1,350,000

Original price: $1,750,000
Est. Mortgage $7,720/mo*

$1,350,000

Original price: $1,750,000
Est. Mortgage $7,720/mo*
3 Beds
3 Baths
2,754 sqft
(on 16.78 acres)

Local Information

map showing home location
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-- mins to
Commute Destination
Last check for updates: about 16 hours ago
Listing courtesy of QUINTON HAMEL, (541) 979-9190
Northbridge Realty
Source: WVMLS, MLS#829946
Also Listed on RMLS (OR).

Description

***Price Improvement***. Versatile 16+ acre property near Albany. 3BD/3BA home features dual primary suites—ideal for multi-gen living—plus sep. office w/ext. entry. Large kitchen with two pantries. Includes large shop, barn & mostly level land for ag, animals, or farm. Room to grow, live, or invest! The thoughtful layout includes a dedicated home office with its own outside entrance, ideal for remote work or a private client-facing business.

Home Highlights

Parking
3 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$490
Listed
63 days ago

Home Details for 3918 Three Lakes Rd SE

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Master Bedroom, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2754 Square Feet
Appliances & Utilities
Appliances: DishwasherDishwasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: Gas, Living RoomHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Vinyl
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Vinyl
View
Has a ViewView: Territorial

Exterior Features

Exterior Home Features
Roof: CompositionOther Structures: Barn(s), WorkshopFoundation: Continuous
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageHas an Attached GarageParking Spaces: 3Parking: Attached
Frontage
Not on Waterfront
Water & Sewer
Sewer: Septic Tank

Days on Market

Days on Market: 63

Property Information

Year Built
Year Built: 2002
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New Construction

Price & Status

Price
List Price: $1,350,000Price Per Sqft: $490
Status Change & Dates
Possession Timing: COE

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Albany
School Information
Elementary School: Meadow RidgeJr High / Middle School: Timber RidgeHigh School: South Albany

Agent Information

Listing Agent
Listing ID: 829946

Building

Building Area
Building Area: 2754 Square Feet

HOA

No HOA

Lot Information

Lot Area: 16.78 Acres

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, VA Loan, FHA, USDA Loan

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 829946

Price History for 3918 Three Lakes Rd SE

DatePriceEventSource
07/24/2025$1,350,000PriceChange
WVMLS #829946
06/23/2025$1,750,000Listed For SaleWVMLS #829946
12/03/2015$57,500Sold
N/A

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Property Taxes and Assessment

Year2024
Tax$7,018
Assessment$1,010,750
Home facts updated by county records

Comparable Sales for 3918 Three Lakes Rd SE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.17
Single-Family Home
$484,900
06/10/25
3
2
1,628
0.30
Single-Family Home
$640,000
10/11/24
5
2.5
2,442
0.38
Single-Family Home
$589,900
06/30/25
4
3
2,487
0.41
Single-Family Home
$379,500
04/30/25
3
2.5
1,292
0.42
Single-Family Home
$525,000
03/04/25
3
2
2,022
0.29
Single-Family Home
$417,000
10/04/24
3
1.5
1,008
0.49
Single-Family Home
$645,000
11/13/24
3
2
2,275
0.52
Single-Family Home
$650,000
05/30/25
4
2.5
2,115

Assigned Schools

These are the assigned schools for 3918 Three Lakes Rd SE.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

What Locals Say about Albany

At least 302 Trulia users voted on each feature.
  • 85%
    It's dog friendly
  • 83%
    Car is needed
  • 81%
    Parking is easy
  • 77%
    Yards are well-kept
  • 77%
    There are sidewalks
  • 76%
    There's holiday spirit
  • 68%
    Kids play outside
  • 57%
    People would walk alone at night
  • 56%
    It's quiet
  • 54%
    Neighbors are friendly
  • 52%
    Streets are well-lit
  • 46%
    It's walkable to restaurants
  • 44%
    They plan to stay for at least 5 years
  • 43%
    It's walkable to grocery stores
  • 37%
    There's wildlife
  • 23%
    There are community events
Learn more about our methodology.
  • Trulia User
    "I-5 is just a short distance away and has easy access to north and south bound. Hey 99 is also easily accessible. and hwy 34 is an approx. 10 min. drive to access."
  • Trulia User
    "great family neighborhood community periwinkle elementary school is one of the best for kids .love living here "
  • Tami w.
    "I hate living in albany it smells in the historic district and the train is horrible at night when your sleeping. We had to move after 5 months. "
  • Trulia User
    "there are a lot of dogs in this area. main roads have lights and sidewalks but they are lacking on the side streets. close parks "
  • Trulia User
    "there are nice parks less than 1 mile away. people drive way too fast through the neighborhoods so we've always been worried about our kids playing out front our riding their bikes - especially without sidewalks in our neighborhood. transients and people being released from jail walk our street daily. we've had several items stolen from our vehicles. neighbors are friendly, mostly families. "
  • Trulia User
    "there aren't enough streetlights in this area to walk your dog at night. sidewalks are hit or miss and not well maintained. I see several people walking their dogs daily though and there are nearby parks."
  • Trulia User
    "Nice mix of young, old, conservative, liberal, independent, et. There’ll be at least one person to get along with."
  • Trulia User
    "I haven’t seen any dogs loose or running around. The school fields are close by. There are sidewalks. "
  • Julene T.
    "Great place to raise kids. Schools are good and community really supports everyone. I believe it is a safe place to ride bikes and visit the local parks. Love the river and the downtown shopping area. We also have a carousel that the kids love to ride. The train depot offers tickets north and south to visit Seattle to Los Angeles . It is the best place to live."
  • Tunneljak
    "My neighborhood is fairly new and quite large and is surrounded by other neighborhoods of various ages which adds character and variety. A neighborhood grocery just went in and is surrounded by other new and well kept stores and restaurants. "
  • Mgrace4
    "I have lived in in the area for 3years, most people are friendly. The town has ample shopping. We also have our own carousel."
  • Kkhdickens
    "Safety conscious people live in this nighborhood. These people are family minded people. The individuals that live in this neighborhood, remain in this neighborhood for an average of 20+ years."
  • Kkhdickens
    "Easy on ramp to I5 and the appropriate time to downtown Albany! We are close to anything we need!!! If I ever move I would miss my “family on the hill)😢"
  • Dkclassen
    "Great for families! If you own a dog it’s great for walking. Traffic does drive by way too fast at times. "
  • Kisstycarrillo.1
    "the area of which I live has great access to malls, stores, and restaurants. I enjoy being 15 min away from most things. "
  • Denniswilhelm57
    "Our neighborhood is a quiet, family-friendly area. Crime is low, and the school district is one of the best in Albany. "
  • Swyssschoenborn
    "There are sidewalks and paths to walk your dog. Plus there’s doggie bags and garbage receptacles readily available."
  • Jenn
    "Small town, but with big town amenities. Up and coming. Near enough to the Capitol and universities. Good schools."
  • Happyfeetleft
    "Beautiful and historic homes, great community resources, libraries, pools, parks. Convenient shopping, hospitals, schools,"
  • Gary H
    "Few busy streets, friendly neighbors, responsible pet owners. , parks and school grounds to walk, veterinarian in neighborhood."
  • Michael L. H.
    "I commute 30 minutes each way in the morning and evening to and from my place of work. It’s not a horrible commute."
  • David97322
    "Park and river just 2 minutes away! Great park for running your puppy or just walking them down to the river to view nature"
  • Kathy T.
    "I love my neighborhood. it's quiet and the people are really friendly and great place to raise kids. pet friendly parks and easy to get to trails."
  • jennifer s.
    "Albany has a lot of parks, some great schools and a fantastic library. There are many things for families to do outdoors and plenty of kid friendly places to go within an hour of Albany. The beach is just over an hour West of us. As with most of the PNW homelessness is a problem and it's more noticeable because this is a small town. Violent crime is low, property crime is higher and that's directly correlated to the drug problems some Albany residents face. This is a great place for involved parents to raise their kids. Just like everywhere else, as long as you're aware of everything your kids are doing, and who their friends are, and there's open communication, this is a wonderful place to put down roots."
  • Lori K. W.
    "nothing. it's like most middle class neighborhoods. I do enjoy being close to downtown and the river."
  • Tonya J.
    "Good neighbors they are friendly and keep to themselves the schools are good and plenty of parks close by for my little ones"

LGBTQ Local Legal Protections

QUINTON HAMEL, Northbridge Realty
Agent Phone: (541) 979-9190
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
3918 Three Lakes Rd SE, Albany, OR 97322 is a 3 bedroom, 3 bathroom, 2,754 sqft single-family home built in 2002. This property is currently available for sale and was listed by WVMLS on Jun 23, 2025. The MLS # for this home is MLS# 829946.