# 475 Penny Lane, Grants Pass, OR 97527

> **TL;DR:** 3bd/2ba condo, $519,000 ($291/sqft), built 1976, 1,786 sqft.
> Fireplace, Waterfront, View, Hardwood. Est. $2,775/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $519,000 |
| Price/sqft | $291 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,786 |
| Year Built | 1976 |
| Lot Size | 145,490 sqft (3.34 acres) |
| Stories | 2 |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 1 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Views** - Territorial
- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,624 |
| Estimated Insurance | $151 |
| **Total** | **$2,775** |

## Nearby Schools

- **Elementary:** Madrona Elem
- **Middle:** Lincoln Savage Middle
- **High:** Hidden Valley High

## Key Amenities

- Fireplace
- Waterfront
- View
- Hardwood
- A/C
- RV Parking

## Property Highlights

- Built in 1976
- 3.34 acre lot
- 2 stories
- Fireplace
- Waterfront

## Description

### Agent Description
Peaceful Grants Pass country property on 3.34 acres with a warm chalet-inspired 1,786 sq ft home, seasonal creek frontage, expansive decking, and inviting outdoor entertaining space. The home offers rich wood accents, vaulted ceilings, exposed beams, large windows, a wood stove, and a distinctive country feel. The property is easy to use, with multiple driveways, gravel access, RV access/parking, and an additional staging area for parking, projects, equipment, or hobby use. A 20'x24' workshop and 36'x24' upper shop add excellent storage, workspace, and utility, with the upper shop featuring a finished living space and full bathroom. Outdoor amenities include a hot tub, chicken coop, multiple wood storage sheds, and a small deer-fenced Syrah vineyard with drip irrigation, offering excellent garden potential. With wooded surroundings, strong shop infrastructure, and practical country improvements, this property offers privacy, functionality, and rural lifestyle close to Grants Pass.

## Location

- **Address:** 475 Penny Lane, Grants Pass, OR 97527
- **County:** Josephine
- **Coordinates:** 42.366243, -123.356192
- **Google Maps:** https://www.google.com/maps?q=42.366243,-123.356192

## Listing Agent

- **Name:** Martin Outdoor Property Group
- **Brokerage:** John L. Scott Medford
- **Phone:** 5416605111

## Primary Photo

![475 Penny Lane - Primary Photo](http://lh.rdcpix.com/69fc7ad092c9ade5f0e3011a99a50a5el-f3010161072r.jpg)

*46 total photos available on [listing page](https://www.propertysimple.ai/listing/475-penny-lane-grants-pass-or-97527-20224464)*

---

**MLS#:** 220224464 | **Updated:** 2026-08-02
**Source:** listhub

*Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/475-penny-lane-grants-pass-or-97527-20224464)

---

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