For sale Home

Listed Jun 6, 2026

$779,000 Est. $5,152/mo

545 Southeast Palmer Lane

  • 5

    Beds

  • 3

    Baths

  • 2,822

    Sq ft

The story

  • Waterfront

A 2 bed, 1 bth, 1144sqft Fog & Fern Cottage is the headline here, and for good reason. Completely separate from the main home, this beautifully renovated guest cottage generated more than $24,000 in Airbnb income in just six months, offering a rare opportunity to pair a memorable home with proven income potential. Inside, original wood shiplap has been restored and paired with new vinyl flooring, mini-split heating and cooling, a remodeled bath with walk-in shower, and a showstopping 18-foot insulated glass garage door that floods the space with natural light. A newer private deck and fenced patio create an inviting outdoor escape for guests, extended stays, or multigenerational living. Tucked behind star jasmine, flowering trees, and layers of established landscaping, the main home feels delightfully removed from the everyday. Its dramatic black exterior gives way to a warm, character-filled interior with new vinyl flooring through the living room, kitchen, and bath, refreshed kitchen countertops and backsplash, an updated primary bath, and a custom fireplace surround with built-in shelving that makes the living room feel instantly settled-in. The roof is ~4 years new, adding another meaningful update to the list. Outside, the property earns its Orchard Hideaway name. Wander the flagstone path past apple, pear, Rainier cherry, peach, blueberry, strawberry, rhubarb, and table grape plantings, along with rosemary, oregano, Japanese cherry blossoms, ornamental pears, and seasonal flowers. There’s even a partially completed chicken-coop setup waiting for its future flock. This isn’t simply a home with an ADU tucked out back. It’s a private little compound with two distinct living spaces, established guest appeal, edible gardens, and room to imagine what comes next, all wrapped in the charm of the Willamette Valley. Seller is offering a buyer incentive! Enjoy a lower interest rate for the first year with a buy-down through the preferred lender at no cost to the buyer.

Facts & features

Home type

Home

Year built

1996

Floors

1

Lot size

1 acres

Price per sq ft

$276

Parking

2-car garage

Included features

  • Fireplace

    1 fireplace

  • Cooling

    Heat Pump

  • Heating

    Forced Air, Heat Pump

  • Appliances

    Appliance Garage, Builtin Oven, Builtin Range, Cook Island, Dishwasher, Disposal, Down Draft, Free Standing Refrigerator, Microwave, Stainless Steel Appliance

  • Flooring

    Tile, Carpet

  • Roof

    Composition

  • Lot Information

    Flag Lot, Gated, Private, Trees

  • Exterior

    Accessory Dwelling Unit, Fenced, Garden, Porch, Poultry Coop, RV Parking, Tool Shed, Yard

  • Water Source

    Public Water

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$5,152 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $4,146
  • Property tax $779
  • Insurance $227

Includes principal, interest, taxes & insurance.

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Listing Broker

eXp Realty, LLC

Broker Name

eXp Realty, LLC

Agent

Debbe Crawford