Prospect Homes for Sale

Welcome to Prospect, Oregon, a hidden gem nestled in the heart of Jackson County! This picturesque town, surrounded by the breathtaking beauty of the Cascade Mountains and the serene waters of the Rogue River, offers a unique blend of natural splendor and small-town charm. With a population of just over 1,000 residents, Prospect provides a close-knit community atmosphere that is perfect for families, retirees, and anyone seeking a peaceful retreat from the hustle and bustle of city life.

Prospect is not only known for its stunning landscapes but also for its rich history and outdoor recreational opportunities. Explore the nearby Crater Lake National Park, or take a leisurely stroll along the scenic trails that wind through lush forests and offer stunning views of the surrounding mountains. Fishing, hiking, and camping are just a few of the activities that await you in this outdoor paradise.

If you’re considering a move to this enchanting area, you’ll be delighted to know that there are beautiful homes for sale in Prospect. Whether you’re looking for a cozy cabin, a charming cottage, or a spacious family home, the real estate market here has something to suit every taste and budget. Many properties boast breathtaking views, large lots, and easy access to outdoor adventures, making it an ideal place to create lasting memories.

Discover the magic of Prospect, Oregon, where the beauty of nature meets the warmth of community. Explore our listings today and find your dream home in this idyllic setting!

Newest Prospect Homes for Sale

$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

$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

$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

$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

$2,500,000

7 Beds ⋅ 6 Baths ⋅ 220209095 MLS

Nestled on over 95-acres, this exceptional rural estate offers a unique blend of elegance, privacy & versatility. Whether you're seeking a multi-generational estate w/multiple homes, a private retreat or an equestrian haven, this rare property combines natural beauty w/timeless amenities. Thoughtfully renovated the main residence showcases Craftsman design w/rich millwork & custom finishes. Beyond, are additional dwellings & spaces designed to generate income or house guests. A spacious 2nd home provides ideal accommodations for visitors or rental opportunities, while a charming bunkhouse offers lodging for short-term stays. For those drawn to the outdoors, dedicated camping areas & A-frame cabin create an inviting retreat where guests can experience the majestic surroundings. Equestrian enthusiasts will appreciate the horse barn, ideal for riding & training, w/pastures & open meadowland. Enjoy exploring the shining ponds, various walking & riding trails & serene mountain views.

44335 Crater Lake Highway, Prospect

$439,500

3 Beds ⋅ 3 Baths ⋅ 220206964 MLS

Extensively remodeled in a peaceful forest setting! This quality-built 3-bedroom, 2.5-bath home offers 1,615 sq. ft. of higher-end finishes throughout, including SmartCore waterproof laminate flooring, Hardy Plank siding, a heat pump, and an energy-efficient Stiebel Eltron water heater. The spacious primary suite features a private office, perfect for working from home. Relax and enjoy the surroundings from your covered deck, nestled on 2.53 acres across two tax lots, zoned RR5. A good producing well and Nye Ditch irrigation rights add to the property's value. Plus, there's an oversized 18x36 garage/shop, offering plenty of room for storage, hobbies, or parking. A great combination of modern comfort and country living! Just minutes from endless outdoor adventures—Rogue River, Lost Creek Lake, Union Creek Resort, Crater Lake National Park and Diamond Lake!

769 Mather Road, Prospect

$525,000

3 Beds ⋅ 2 Baths ⋅ 220182772 MLS

Escape to your private sanctuary in the Cascade Mountain foothills of Southern Oregon, where hills cradle a breathtaking view of Lost Creek Lake—the Rogue Valley's premier recreation jewel. On 9 manicured acres, this 1994 built split-level gem (1,992 sq ft) blends rustic charm with modern comfort. A new expansive deck frames sunrise lake reflections and sunset mountain glows. Inside, warm oak floors flow through open living spaces, heated by a Lopi woodstove insert. Fresh carpets adorn three bedrooms; the master suite boasts panoramic lake vistas. The island kitchen, with new luxury vinyl tile, opens to the living room—ideal for gatherings. Outside: a 24x30 insulated shop/garage, gated driveway, and covered RV carport with 110-amp service. The lake boat launch is just minutes away; Crater Lake is 30 minutes. This $625,000 lakeside retreat offers peace, play, and endless horizons. Your dream awaits!

1306 Lewis 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: