Truly one-of-a-kind, this Munsel Lake waterfront retreat features two southern facing homes nestled on a secluded 2.98-acre oasis surrounded by forest and sheltered from coastal winds. With no HOA, this property offers excellent potential as a short-term rental investment or an incredible full-time residence.The custom-built main home spans 3,132 square feet and was thoughtfully designed with two primary suites—one on the main level and another upstairs with sweeping views of untouched natural surroundings. Blending privacy, comfort, and space, the home features 3 bedrooms, 3.5 bathrooms, an oversized attached garage, a spacious bonus room or den with a double-sided fireplace, formal living and dining rooms, a walk-in pantry, laundry room, and a bright breakfast nook.Expansive wraparound multi-level decking and walls of windows fill the home with natural light while showcasing breathtaking views of Munsel Lake and the surrounding forest.A second private driveway leads directly to the docks, beach area, and guest house, offering the possibility of stair-free water access.The charming waterfront cottage, approximately 900 square feet, includes 1 bedroom, 1 bathroom, a loft, kitchen, living room, and a detached drive-through garage/workshop—ideal for guests, multigenerational living, or rental income.Both homes enjoy lakefront positioning with private access to serene forest views, a private dock, and a sandy beach area. The nearly 3-acre property also offers RV and boat parking, along with leveled areas that may accommodate a future ADU or additional parking.Recent improvements include fresh exterior paint on both homes, a rebuilt dock, new deck railings throughout, and more, making this remarkable property move-in ready for it's next owners.Occupied. Shown by appointment only.
Active
Price cut: $50K (3/19)
$1,499,000
5816 Martin Rd, Florence, OR 97439
4beds
3,132sqft
Est.:
Residential, Single Family Residence
Built in 2005
2.98 Acres Lot
$-- Zestimate®
$479/sqft
$-- HOA
What's special
Two southern facing homesRebuilt dockExpansive wraparound multi-level deckingTwo primary suitesMunsel lake waterfront retreatLaundry roomNew deck railings throughout
- 58 days |
- 1,634 |
- 71 |
Zillow last checked: 7 hours ago
Listing updated: 22 hours ago
Listed by:
Shanna McCord 541-991-8818,
Fathom Realty Oregon, LLC
Source: RMLS (OR),MLS#: 384035262
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- Partial bathrooms: 1
- Main level bathrooms: 3
Rooms
- Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Dining room
- Level: Main
Family room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Zoned
Cooling
- None
Appliances
- Included: Built-In Range, Built-In Refrigerator, Dishwasher, Range Hood, Electric Water Heater
- Laundry: Laundry Room
Features
- Ceiling Fan(s), High Ceilings, Soaking Tub, Pantry
- Flooring: Laminate
- Windows: Double Pane Windows
- Basement: Crawl Space,Dirt Floor
- Number of fireplaces: 1
- Fireplace features: Gas, Outside
Interior area
- Total structure area: 3,132
- Total interior livable area: 3,132 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street, RV Access/Parking, RV Boat Storage, Garage Door Opener, Attached, Oversized
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Approachwith Ramp, Accessible Entrance, Garage On Main, Main Floor Bedroom Bath, Natural Lighting, Parking, Walkin Shower, Accessibility
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio, Porch
- Exterior features: Dock, Fire Pit, Gas Hookup, Water Feature, Yard
- Has view: Yes
- View description: Lake, Mountain(s), Trees/Woods
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
- Body of water: Munsel Lake
Lot
- Size: 2.98 Acres
- Features: Cleared, Gentle Sloping, Terraced, Trees, Wooded, Acres 1 to 3
Details
- Additional structures: Other Structures Bedrooms Total (1), Other Structures Bathrooms Total (1), Dock, GasHookup, RVParking, RVBoatStorage, SecondResidence, ToolShed, Workshop, AccessoryDwellingUnitGarage
- Parcel number: 0781599
- Zoning: RR5
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom Style
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition,Membrane
Condition
- Resale
- New construction: No
- Year built: 2005
Utilities & green energy
- Gas: Gas Hookup, Gas
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Security: Security Lights
HOA
- Has HOA: No
Location
- Region: Florence
Financial & listing details
- Price per square foot: $479/sqft
- Tax assessed value: $1,202,137
- Annual tax amount: $7,060
- Date on market: 2/11/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Price change | $1,499,000-3.2%$479/sqft |
Source:  RMLS (OR) #384035262 Report a problem | ||
| 2/11/2026 | Listed for sale | $1,549,000+1006.4%$495/sqft |
Source: RMLS (OR) #384035262 Report a problem | ||
| 5/20/2004 | Sold | $140,000$45/sqft |
Source: Public Record Report a problem | ||
| 8/27/2003 | Sold | $140,000$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,061 +3.1% | $647,521 +3% |
| 2024 | $6,847 +2.8% | $628,662 +3% |
| 2023 | $6,662 +4.5% | $610,352 +3% |
| 2022 | $6,375 +2.9% | $592,575 +3% |
| 2021 | $6,196 +3% | $575,316 +3% |
| 2020 | $6,014 +4.1% | $558,560 +3% |
| 2019 | $5,775 -1.1% | $542,292 +3% |
| 2018 | $5,837 | $526,498 +3% |
| 2017 | $5,837 +3.9% | $511,163 +3% |
| 2016 | $5,618 +2.9% | $496,275 +3% |
| 2015 | $5,457 +0% | $481,820 +3% |
| 2014 | $5,456 +6.4% | $467,786 +3% |
| 2013 | $5,127 +8.3% | $454,161 +3% |
| 2012 | $4,733 | $440,933 +3% |
| 2011 | -- | $428,090 +3% |
| 2010 | -- | $415,621 +5.8% |
| 2009 | -- | $392,675 +3% |
| 2008 | -- | $381,238 -2.4% |
| 2007 | -- | $390,741 +66.1% |
| 2006 | -- | $235,307 +592.9% |
| 2005 | -- | $33,961 +3% |
| 2004 | -- | $32,972 +3% |
| 2003 | -- | $32,012 +3% |
| 2002 | -- | $31,080 +3% |
| 2001 | -- | $30,175 +3% |
| 2000 | -- | $29,296 |
Find assessor info on the county website
Monthly payment
Est. payment
$8,419/mo
Principal & interest
$7432
Property taxes
$987
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Climate risks
Neighborhood: 97439
Nearby schools
GreatSchools rating
- 6/10Siuslaw Elementary SchoolGrades: K-5Distance: 2 mi
- 7/10Siuslaw Middle SchoolGrades: 6-8Distance: 1.9 mi
- 2/10Siuslaw High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Siuslaw
- Middle: Siuslaw
- High: Siuslaw
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 97439
- Oregon
- Lane County
- Florence
- 97439
- 5816 Martin Rd
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