Prospect Real Estate

Welcome to Prospect, Oregon – a hidden gem nestled in the heart of Jackson County! This charming town, with its picturesque landscapes and friendly community, offers a unique blend of natural beauty and small-town charm. Surrounded by the majestic Cascade Mountains and the serene waters of the Rogue River, Prospect is a haven for outdoor enthusiasts and nature lovers alike.

With a population of just over 1,000 residents, Prospect boasts a tight-knit community that values connection and camaraderie. The town is steeped in history, with roots that date back to the 1800s, and it continues to maintain its quaint, rustic appeal. Visitors and residents alike can explore the fascinating local heritage at the Prospect Historic Hotel and the nearby Crater Lake National Park, which is just a short drive away.

For those who enjoy the great outdoors, Prospect offers a myriad of recreational activities. Hike through lush forests, fish in crystal-clear rivers, or embark on a thrilling white-water rafting adventure. The stunning natural landscapes provide a perfect backdrop for a variety of activities year-round, from skiing in the winter to hiking and camping in the warmer months.

In addition to its natural allure, Prospect features a selection of local shops and eateries that showcase the town's unique character. Whether you're sipping a cup of coffee at a cozy café or exploring local artisan boutiques, you'll find that Prospect is brimming with charm and warmth.

If you’re seeking a place where community spirit thrives and nature is at your doorstep, Prospect, Oregon, might just be the perfect place to call home. Discover the beauty and tranquility of this enchanting town today!

Newest Listings in Prospect

$299,000

2 Beds ⋅ 1 Baths ⋅ 220225671 MLS

Nearly a half acre nestled into the charming and relaxed Evergreen Meadows Community above Lost Crk Lake. It's a 2 bedroom 1 bath. Brand new mini split for more efficiency and aproximately another 200 sq feet of living space has been added and includes the inclusion of the front and the back porch. Property has been beautifully terraced and landscaped for gardening. The community shares one strong well and the fee is 600.00 a year. RV parking and plenty of room for all the additional toys. A fifth wheel with a deck will be included in the sale. This home has been set up for generator, new double pane white vinyl windows with new trim on the exterior along with updated siding that has been caulked and the paint is going on. Metal roof for practicality and a fun and vibriant outdoor space complete with an outdoor kitchen with plenty of seating for entertaining. So many personal touches inside and out. Great neighbors. Close to fishing and hunting, ideal for anyone who loves the outdoors

449 Flounce Rock Road, Prospect

$338,500

2 Beds ⋅ 1 Baths ⋅ 220221801 MLS

Set on almost 21 acres in the heart of Southern Oregon recreation country, this property is all about the land, location, and lifestyle opportunity. This well-kept manufactured home offers 2-bedrooms, 1-bathroom, and 672-sq. ft. of living space, providing a comfortable basecamp for weekend escapes or full-time living. Newer appliances, newer HVAC and has a great metal roof! A mix of sunny meadows, forested areas and year round pond creates privacy and room to explore, while the WR zoning opens the door to a variety of possibilities. The property also features Nye Ditch water, a 20x48 shop with concrete floor, full bathroom and plenty of room for RV and boat parking. Located just 6-miles from Lost Creek Lake Marina and only 25-miles from Crater Lake National Park, you'll enjoy easy access to fishing, boating, hiking and endless year-round outdoor recreation.

42256 Highway 62, Prospect

$525,000

2 Beds ⋅ 2 Baths ⋅ 220222030 MLS

Escape to your own private mountain retreat. Nestled on 10 peaceful, forested acres, this authentic log home offers the perfect blend of rustic charm, privacy, and natural beauty. Surrounded by towering trees and abundant wildlife, this is the ideal place to unwind and reconnect with nature. The 1,025 sq. ft. home features 2 bedrooms, 1 full bath, a cozy main-level bedroom, and a spacious loft perfect for guests or additional living space. A newly built detached laundry room with a full bath adds extra convenience. The property also includes a large equipment barn, detached two-car carport, woodshed, and plenty of room to garden, explore, or simply relax. Fresh spring water supplies the home and helps keep the landscape green year-round. Whether you're looking for a full-time residence, weekend getaway, or peaceful escape, this special property captures the timeless appeal of authentic log home living.

836 Ulrich Road, Prospect

$315,000

2 Beds ⋅ 3 Baths ⋅ 220218875 MLS

This 2-bedroom, 2.5-bath home offers a fantastic floor plan and breathtaking mountain views from nearly every window and deck. Tucked into a private setting, you'll even catch a peek of the nearby lake--just about half a mile away--making it easy to enjoy boating, fishing, or waterskiing year-round. While the home could use a little TLC, the price reflects the opportunity. Bring your vision and make this property truly shine. With its layout, location, and views, this is the perfect chance to create something special--whether you're looking for a full-time residence, vacation home, or investment.

255 Shipley Terrace, Prospect

$45,000

220218700 MLS

Wonderful piece of property to build on. Nestled in the conifers of Prospect, Oregon, the gateway to all heavenly recreation and wildlife.

Red Blanket Road, Prospect

$195,000

2 Beds ⋅ 1 Baths ⋅ 220218699 MLS

Last used as a church, can now be used for a multitude of things. It is zoned UR-1, Urban Residential. 1,608-Sq. ft. on .40-acres; could easily be transformed into a home! Nestled among the conifers on flat land, this building has a kitchen, half bath, large congregation hall and two other rooms which could be bedrooms. Buyers to check with county on uses you would prefer. Two other lots being sold as well. One lot with a well, septic and electricity. The other lot is totally vacant. Being sold as-is, where-is with contents included. Buyers to perform all their own due diligence as seller does not know anything about this property.

358 M Lane, Prospect

$410,900

2 Beds ⋅ 2 Baths ⋅ 220216200 MLS

2 bed 2 bath 1,853 SQFT home on a large 1.07 Ac lot built in 1982. Inside you will find a two-story layout featuring a spacious main floor and a finished upper level. The kitchen features include two skylights for natural light, along with a drop-in range and hood fan. The living area features a cozy fireplace and. Perfect for entertaining and an attached 462 SQFT garage

48 Mill Creek Drive, Prospect

$45,000

220213450 MLS

Enjoy country living on this lot near the Lost Creek Recreation Area. This lot is a great place to build your new home, cabin, or manufactured home. The land is completely treed and is level to gently sloping. A second lot is for sale adjacent to this lot. (00347 Flounce Rock Rd) Buy both lots for a total of 1 acre. Water is provided to the edge of the lot via the Evergreen Meadows Community Water System. Power is along the edge of the lot, but will need to be installed by Pacific Power. A septic system will need to be installed. Located a few minutes from public access to Lost Creek Lake and BLM land. Lost Creek Lake is a popular place for boatings sports, camping and fishing. Just minutes from the Rogue River National Forest system where you can enjoy a plethora of outdoor activities including camping, hiking, hunting, world class trout fishing on the Upper Rogue, viewing waterfalls, riding OHVs, and much more! Owner carry options available to qualified buyers!

00348 Flounce Rock Road, Prospect

$45,000

220213449 MLS

Enjoy country living on this lot near the Lost Creek Recreation Area. This lot is a great place to build your new home, cabin, or manufactured home. The land is completely treed and is level to gently sloping. A second lot is for sale adjacent to this lot. (00348 Flounce Rock Rd) Buy both lots for a total of 1 acre. Water is provided to the edge of the lot via the Evergreen Meadows Community Water System. Power is along the edge of the lot, but will need to be installed by Pacific Power. A septic system will need to be installed. Located a few minutes from public access to Lost Creek Lake and BLM land. Lost Creek Lake is a popular place for boatings sports, camping and fishing. Just minutes from the Rogue River National Forest system where you can enjoy a plethora of outdoor activities including camping, hiking, hunting, world class trout fishing on the Upper Rogue, viewing waterfalls, riding OHVs, and much more! Owner carry options available to qualified buyers!

00347 Flounce Rock Rd, Prospect

$420,000

2 Beds ⋅ 2 Baths ⋅ 220212626 MLS

Enjoy peaceful country living near Lost Creek Lake on 1.35-acres in the Evergreen Meadows Subdivision. This 2-bedroom + den/office, 2-bath, 1,364-sq. ft. home, built in 1997, features vaulted ceilings, quartz countertops, kitchen pantry, laundry room and a spacious primary suite with walk-in closet, double sinks and walk-in shower. Relax in the sunroom or on the covered 12x30-deck, and stay comfortable year-round with new mini splits (2024). The property includes an attached 2-car garage, a 24x40-shop with workbenches, RV parking and a fenced yard for dogs. Zoned RR-5 with cul-de-sac location, public water through Evergreen Meadows Water Improvement District and septic system. Outdoor enthusiasts will love nearby fishing, rafting, hiking, boating, and skiing, plus Crater Lake National Park and Diamond Lake Resort are just an hour away.

204 Shipley Terrace, Prospect

$249,000

702238624 MLS

Discover a rare opportunity to secure just over 100 acres of timber and recreational land situated less than a mile from southern Oregon's Rogue River and just outside the historic town of Prospect. This property has been historically managed as timberland and is comprised of two tax lots, offering both flexibility and long-term investment potential. Roughly 60 acres are planted in healthy, 19-year-old Douglas-fir, providing a strong foundation for future harvests and ongoing forest management.Accessed by a well-maintained, graveled Forest Service road, the property combines ease of access with the peaceful seclusion that outdoor enthusiasts appreciate. Completely surrounded by National Forest, it offers uninterrupted privacy and direct access to thousands of acres of public land. Lost Creek Lake—one of Southern Oregon’s most popular destinations for boating, fishing, and summer recreation—is just minutes away.Wildlife thrives here. Deer, elk, and bear are frequent visitors, making this an exceptional location for hunting, wildlife viewing, or for use as your own private and secluded campsite. With its blend of natural beauty, timber investment potential, and recreational appeal, this property presents a special chance to own a truly unique piece of Southern Oregon. Ideal for investors, sportsmen, or anyone seeking a private escape in a stunning forested setting. Buyers to conduct all due diligence with regard to intended uses of the property.

RIVER RD, Prospect

$99,900

2 Beds ⋅ 1 Baths ⋅ 220211443 MLS

Rare opportunity on a 2/3-acre lot in Evergreen Meadows! One of only two homes on the very short Horse Ranch Road, this property offers privacy, peace, and abundant wildlife. Just a short distance to HUNDREDS of acres of public land, enjoy endless hiking, trail riding, hunting, and year-round outdoor recreation just steps from your door. The 1977 manufactured home features 2-bedrooms, 1-Bath, and 924-sq. ft., ready for renovations—perfect for a handy buyer, investor, or flipper. Build your dream home or remodel the existing home on this highly desirable lot just above Lost Creek Lake. Community water system and good septic are in place. Owner carry terms available with a large down payment, though cash is preferred. Do not enter the property or home without an agent present. A rare, private retreat with huge potential for outdoor enthusiasts or anyone searching to create their ideal mountain getaway!

121 Horse Ranch Road, Prospect

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is 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. All information subject to change and should be independently verified. Listing content is copyright © 2018 SOMLS, Medford, Oregon. Last updated: