# 4990 Waldo Road, Cave Junction, OR 97523 > **TL;DR:** land, $949,000. > Waterfront, View. Est. $5,076/mo. Listed 21 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $949,000 | | Lot Size | 20,037,600 sqft (460.00 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 21 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed - **Views** - Lake, Territorial ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,799 | | Estimated Insurance | $277 | | **Total** | **$5,076** | ## Nearby Schools - **Elementary:** Evergreen Elem - **Middle:** Lorna Byrne Middle - **High:** Illinois Valley High ## Key Amenities - Waterfront - View ## Property Highlights - 460.00 acre lot - Waterfront ## Description ### Agent Description Esterly Lakes offers a beautiful 460 acres of private recreational land centered around an impressive 20-acre lake outside Cave Junction. Once part of a historic mining operation, the land today features generally gentle, rolling terrain with excellent accessibility and tremendous potential. The lake is tucked well within the property, creating a private waterfront setting with little visibility from neighboring lands. With three tax lots, substantial acreage, and forest zoning, the property offers potential for residential development, a private homestead, recreational retreat, or other outdoor-oriented uses subject to land-use approval. Enjoy room for livestock, gardens, trails, hunting, riding, and more, with direct access to extensive adjoining public lands. An existing shop structure provides useful storage while you bring your equipment, tools, and ideas to shape Esterly Lakes into your own Southern Oregon retreat. ## Location - **Address:** 4990 Waldo Road, Cave Junction, OR 97523 - **County:** Josephine - **Coordinates:** 42.065241, -123.632597 - **Google Maps:** https://www.google.com/maps?q=42.065241,-123.632597 ## Listing Agent - **Name:** Martin Outdoor Property Group - **Brokerage:** John L Scott - **Broker Phone:** (541) 779-3611 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/4990-Waldo-Rd_Cave-Junction_OR_97523_M93226-43404?f=listhub&s=ODOR&m=220229788&c=propsimple) ## Photos ![4990 Waldo Road - Photo 1](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f2908286316r.jpg) ![4990 Waldo Road - Photo 2](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f2057611823r.jpg) ![4990 Waldo Road - Photo 3](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f942666000r.jpg) ![4990 Waldo Road - Photo 4](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f2366899632r.jpg) ![4990 Waldo Road - Photo 5](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f1803790675r.jpg) ![4990 Waldo Road - Photo 6](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f1043433793r.jpg) ![4990 Waldo Road - Photo 7](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f543251775r.jpg) ![4990 Waldo Road - Photo 8](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f1163539796r.jpg) ![4990 Waldo Road - Photo 9](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f3297988939r.jpg) ![4990 Waldo Road - Photo 10](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f2956513165r.jpg) ![4990 Waldo Road - Photo 11](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f958376440r.jpg) ![4990 Waldo Road - Photo 12](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f2359298801r.jpg) ![4990 Waldo Road - Photo 13](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f2863972503r.jpg) ![4990 Waldo Road - Photo 14](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f2567491787r.jpg) ![4990 Waldo Road - Photo 15](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f1300082242r.jpg) ![4990 Waldo Road - Photo 16](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f68705731r.jpg) ![4990 Waldo Road - Photo 17](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f913401624r.jpg) ![4990 Waldo Road - Photo 18](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f1237824105r.jpg) ![4990 Waldo Road - Photo 19](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f3854707860r.jpg) ![4990 Waldo Road - Photo 20](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f2251130694r.jpg) ![4990 Waldo Road - Photo 21](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f3512388048r.jpg) ![4990 Waldo Road - Photo 22](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f2094458964r.jpg) ![4990 Waldo Road - Photo 23](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f111917329r.jpg) ![4990 Waldo Road - Photo 24](http://lh.rdcpix.com/e1a92fabdf201e297975d11d13b49efcl-f2462713205r.jpg) --- **MLS#:** 220229788 | **Updated:** 2026-10-27 **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/4990-waldo-road-cave-junction-or-97523-aaa758f1b6514b28ba13e1712e9665a9) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/4990-waldo-road-cave-junction-or-97523-aaa758f1b6514b28ba13e1712e9665a9#listing", "url": "https://www.propertysimple.ai/listing/4990-waldo-road-cave-junction-or-97523-aaa758f1b6514b28ba13e1712e9665a9", "name": "4990 Waldo Road, Cave Junction, OR 97523", "description": "Esterly Lakes offers a beautiful 460 acres of private recreational land centered around an impressive 20-acre lake outside Cave Junction. Once part of a historic mining operation, the land today features generally gentle, rolling terrain with excellent accessibility and tremendous potential. 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