$895,000

15816 S Wave Rd Mulino, OR 97042

$10,000
Closing credit¹
3 beds
2 full
1,105 sqft
40.0 acres
$810 / sqft
House

Property details

About 15816 S Wave Rd

Secluded 40-Acre Forested Retreat with Versatile Work/Live Setup. Tucked away at the private end of a road, this expansive 40-acre forested property offers a rare blend of privacy, functionality, and natural beauty. Sunroom could be used as a third bedroom, two bedrooms have ensuite baths. home is uniquely built inside a large, insulated, and heated 40' x 60' shop, creating the ideal live/work environment. Inside the shop, you'll find a bright sunroom/office, which connects via the utility room to a spacious main-level bedroom/office with en-suite full bath. The sunroom features custom knotty pine cabinetry, abundant natural light, and its own wraparound private deck. Upstairs, the main living area boasts vaulted ceilings with exposed beams, a ceiling fan, woodstove, and a second deck for enjoying the peaceful surroundings. The kitchen is equipped with knotty pine cabinets, a range, refrigerator, dishwasher, microwave, pantry, and a breakfast bar. A second primary suite includes a private entrance to the bathroom and a ceiling fan. The property features numerous outbuildings and amenities including a chicken coop with power, large pole barn, formerly used as a small lumber mill, covered wood storage near the shop, lean-to adjacent to a storage container. The shop is a standout feature with 3-phase power, paid-in-full solar panels on the roof, an overhead beam crane hoist, three 14' roll-up doors (front and back), heavy-duty shelving, and rebar-reinforced concrete floors. Located just 8 minutes from Mulino and Hwy 213, this property offers the perfect balance of a secluded setting and accessibility. Follow the signs on the property to walk to the year round creek

Highlights

Home typeSingle Family Residence
HeatingWood Stove
StatusActive
Size1,105 sqft
Lot size40 Acres
Year built2007
ParkingDriveway, R.V. Parking
MLS #640301537
Attached garage3 spaces
WaterfrontCreek
FireplaceStove
ViewTerritorial, Trees/Woods, Valley

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Refrigerator, Microwave
  • Basement: No
  • Interior: Ceiling Fan(s), Vaulted Ceiling(s), Wall to Wall Carpet, Washer/Dryer
  • Fireplace: Stove
  • Total Bedroom Count: 3
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Driveway, R.V. Parking
  • Waterfront: Creek
  • View: Territorial, Trees/Woods, Valley
  • Exterior: Deck, Garden, Private Road, RV Parking, RV/Boat Storage, Tool Shed, Workshop, Yard
  • Architectural Style: 2 Story, Other
  • Heating: Wood Stove
  • List Price: $895,000
  • Price/SqFt: $809
  • Annual Tax Amount: $2,578
  • Tax Year: 2023
  • Lot: Level, Sloped, Wooded
  • Directions: 99E S, S Mulino Rd, L 213 N, S Graves Rd to Wave Rd
  • Year Built: 2007
  • Stories: 2
  • Living Area: 1,105 SqFt
  • Lot Size: 40 Acres
  • MLS Number: 640301537
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Keller Williams Sunset Corridor
  • Office Phone: (503) 341-0267
  • Listing Agent: Kevin Mapes

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/17/2025, 12:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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aerial view of property and surrounding area with a forest

$895,000

15816 S Wave Rd

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 01, 2011
Home Sold
$325,000
Dec 12, 2005
Home Sold
$243,000
Feb 02, 2005
Home Sold
$391,408

Tax history

YearAssessmentProperty Tax
2023$207,576$2,578
2022$201,636$2,485
2021$195,851$2,383
2020$190,256$2,308
2018$159,563$1,948
2017$132,073$1,590

History based on county public records data.

Nearby schools

6

Mulino Elementary School

Public District KG-5

2.0 mi

26660 S Highway 213

5

Clarkes Elementary School

Public District KG-5

3.3 mi

19100 S Windy City Rd

6

Carus School

Public District KG-6

4.0 mi

14412 S Carus Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $80,417. Typical income of Mulino, OR residents is between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

18%
<35k
48%
35k-100k
30%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

30%
Single, No Kids
6%
Single, with Kids
44%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
50%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 15816 S Wave Rd

The listing price of 15816 S Wave Rd property is $895,000.

The property 15816 S Wave Rd is a house located in Mulino, Oregon, 97042.

Active Listing: 15816 S Wave Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 15816 S Wave Rd are: Mulino Elementary School (GreatSchools Rating 6/10), Clarkes Elementary School (GreatSchools Rating 5/10), Carus School (GreatSchools Rating 6/10), Molalla River Middle School (GreatSchools Rating 5/10), Molalla River Academy (GreatSchools Rating 5/10), Colton Middle School (GreatSchools Rating 6/10), Molalla High School (GreatSchools Rating 7/10), Colton High School (GreatSchools Rating 10/10), Oregon City High School (GreatSchools Rating 10/10).

According to the records, the last property tax for 2023 is $2,578 (source: MLS/based on county public records data).

The last sale was on December 1, 2011 for $325,000 (source: MLS/tax record).

The property at 15816 S Wave Rd has 3 bedrooms and 2 bathrooms.

The property 15816 S Wave Rd is 1,105 SqFt (source: MLS/tax record).

The year of construction for 15816 S Wave Rd is 2007.

This home is located at 15816 S Wave Rd in Mulino, OR and zip code 97042. This 1,105 square foot home, which was built in 2007, sits on a 40.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $895,000.

In April 2025, from all listings sold in Mulino, OR there were more than 0 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price. In April 2025 in Mulino, OR there were 50% more homes for sale than in March. In April 2025 median list price was $735,000 and the average listing age was 104 days.

From Rocket Homes Real Estate and based on county public records data.

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