$189,000
15 Black Oak
Shady Cove, OR 97539 · Shady Cove Heights Subdivision
Down $36,000 from original list price $225,000.
Active82 days on market$140/sqft
Facts
Property details
Overview
Listing courtesy of John L Scott Real Estate Grants Pass, agent Terah Wharregard
Data last updated June 22, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
Welcome to The Cove--one of the Rogue River's best-kept secrets and a dream location for fishing enthusiasts and nature lovers alike. Nestled among towering mature trees, this 2-bedroom, 2-bath home offers a tranquil setting just steps from the river. Spend your mornings casting a line in one of the most desirable fishing holes on the Rogue, and your evenings surrounded by the sounds of nature. With irrigation rights and filtered water sourced directly from the Rogue River, the property is as functional as it is scenic. The home is the perfect opportunity for a DIY buyer or investor to transform this hidden gem into something truly special. All information deemed reliable, but not verified. Buyer to investigate any and all intended uses of the property and approve of their findings.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $151,000 · $38,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $950 ($800–$1,100) · starting estimate. Edit to your own number.
At $189,000 with 25% down, this property runs $492 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
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