40887 Highway 62, Prospect, OR 97536
Property image
Property image
OFF MARKET

40887 Highway 62
Prospect, OR 97536

  • 2 Beds
  • 3 Baths
  • 2,523 sqft (on 7.43 acres)

$636,500

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $3,745/mo*
Refinance Your Home

$636,500

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $3,745/mo*
Refinance Your Home
2 Beds
3 Baths
2,523 sqft
(on 7.43 acres)

Local Information

  • Map ViewExplore the area around 40887 Highway 62.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1997
Lot Size
7.43 acres
Living Area
2,523 sqft
Price/Sqft
$252
Parking
Garage

About this House

This property is the Southern Oregon dream. It is a log home built in 1997 with over 2500 square feet, a 2000 sq foot barn, and a 500 square foot fully finished detached garage/ shop with 110 and 220 power. The home is light and bright with a gorgeous, vaulted master suite on the second floor. The kitchen and living room are open with all appliances included. The living room opens out to the wrap around redwood deck with new, beautiful railings and posts. The second bedroom and office are on the bottom floor. The bottom level rooms have their own outdoor access. There are views of the mountains and pasture, perfect for raising animals and room for all your toys, boats and RV. The property is zoned WR (woodland resource ) and has irrigation from Nye Ditch Irrigation District for 7 acres. With an abundance of wildlife and minutes to Lost Creek Lake this Log Home is the perfect getaway with privacy and seclusion. Showings are by appointment only.
40887 Highway 62, Prospect, OR 97536 is a 2 bedroom, 3 bathroom, 2,523 sqft single-family home built in 1997. It last sold for $542,500 on Mar 10, 2021. It is currently off market. The Trulia Estimate is $636,500, with a rent estimate of $2,917/month.

Home Details for 40887 Highway 62

Interior Features

Interior Details
BasementAttic
Heating & Cooling
Heating: WallCooling System: WallHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: MetalDeckExterior: Cement Concrete, Metal
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1997Year Updated: 1997
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 7.43 acres

Price History for 40887 Highway 62

DatePriceEventSource
03/10/2021$542,500Sold
Oregon Datashare #220114842
01/18/2021$529,000PendingOregon Datashare #220114842
01/13/2021$529,000Listed For SaleOregon Datashare #220114842
01/15/2004$275,000Sold
N/A

Market trends in Prospect

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
12
1MoM
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Property Tax and Assessment

Year2024
Tax$2,916
Assessment$547,440
Home facts updated by county records

Comparable Sales for 40887 Highway 62

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
826 Ulrich Rd, Prospect, OR
1.11
Single-Family Home
$199,000
05/19/26
2
1
1,196
756 Skookum Ln, Prospect, OR
2.09
Single-Family Home
$200,000
02/09/26
2
1
1,442
1500 Mill Creek Dr, Prospect, OR
2.04
Single-Family Home
$200,000
11/18/25
2
1
961
115 Manzanita Dr, Prospect, OR
1.77
Single-Family Home
$211,500
09/18/25
-
960
217 Mill Creek Dr, Prospect, OR
5.47
Single-Family Home
$325,000
09/15/25
3
2
1,232
306 Red Blanket Rd, Prospect, OR
5.39
Single-Family Home
$252,000
10/28/25
4
1
1,360
348 Red Blanket Rd, Prospect, OR
5.56
Single-Family Home
$136,000
08/15/25
2
1
912
346 Red Blanket Rd, Prospect, OR
5.56
Single-Family Home
$85,000
02/04/26
2
1
838
45875 Highway 62, Prospect, OR
6.25
Single-Family Home
$270,000
04/30/26
1
1
1,200

Nearby homes

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Assigned Schools

These are the assigned schools for 40887 Highway 62.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Prospect

At least 1 Trulia users voted on each feature.

  • 100 % Say it's quiet

  • 100 % Say neighbors are friendly

  • 100 % Say people would walk alone at night

  • 100 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 40887 Highway 62

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Off Market Homes Near 40887 Highway 62

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Frequently asked questions about 40887 Highway 62

  • What is 40887 Highway 62 estimated to be worth?
    Trulia's estimated value for 40887 Highway 62 in Prospect, OR is $636,500.
  • What is the price history for 40887 Highway 62?
    40887 Highway 62 in Prospect, OR last sold for $542,500 in March 2021.
  • Is Prospect a buyer's or seller's market?
    Prospect is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 40887 Highway 62?
    The closest schools to 40887 Highway 62 in Prospect, OR are Prospect Charter School (Elementary/Middle/High, rated 2/10).
  • Does 40887 Highway 62 have air conditioning?
    Yes, 40887 Highway 62 in Prospect, OR has air conditioning.
  • How big is the lot at 40887 Highway 62?
    The lot at 40887 Highway 62 in Prospect, OR is about 7.4 acres.