Property Overview

Address: 1820 E 28th Avenue, Eugene, OR 97403
Price: $1,199,000
Bedrooms: 4
Bathrooms: 3
Living Space: 2,552 sq ft
Lot Size: 0.32 acres
Year Built: 1975
Property Type: Single Family Residence
Price per Sq Ft: $470
HOA: Not listed
Zestimate®: $1,163,100

Listed By

Rachel Ball (541-556-8027)
Triple Oaks Realty LLC

Property Listing

View Listing on Zillow

Photo Credit

Listing photos provided by MLS via Zillow

Storybook Castle in Eugene with Guest House and Proven Rental Income

Hidden within Eugene’s desirable South Hills neighborhood, just behind Laurelwood Golf Course, this extraordinary castle-inspired residence offers a rare combination of fantasy architecture, modern comfort, and impressive income potential. Built in 1975 yet designed to evoke the charm of a centuries-old European castle, the property stands apart as one of Oregon’s most distinctive homes.

Currently operating as a successful short-term rental generating more than $100,000 annually, the property includes multiple rentable living spaces, making it equally appealing to investors and buyers seeking a one-of-a-kind personal residence. Stone walls, tower rooms, soaring ceilings, and glowing fireplaces create an unforgettable atmosphere rarely found in today’s market.

Castle Interior Features and Architectural Details

• Four-bedroom layout
• Three bathrooms
• 2,552 sq ft of living space
• Castle-inspired architecture
• Stone walls and stone accents throughout
• Vaulted beamed ceilings
• Floor-length windows
• Three fireplaces
• Saltillo tile flooring
• Gourmet kitchen with oversized island
• Granite countertops
• Open-concept living areas
• Tower wing bedroom
• Unique tower rooms with storybook character
• Mini-split heating and cooling systems

Finished Basement Studio and Flexible Living Space

• Finished basement studio with private entrance
• Private bathroom
• Kitchenette
• Separate guest accommodations
• Potential rental income opportunity
• Flexible use for guests, family, or home office space

Detached Guest House (ADU)

• Approximately 532 sq ft detached guest house
• Full kitchen
• Bathroom
• Loft-style bedroom
• Ideal for short-term rentals
• Suitable for extended family accommodations
• Additional income-producing potential

Exterior Features and Property Highlights

• Built in 1975
• Private 0.32-acre lot
• Located in Eugene’s desirable South Hills neighborhood
• Near Laurelwood Golf Course
• Hot tub or EV charging potential
• Workshop space with water and sewer connections
• Detached structure could be converted back to garage use
• Secluded setting with mature surroundings

Investment and Income Potential

• Successful short-term rental property
• Reported annual rental income exceeding $100,000
• Three rentable living spaces
• Unique destination property with strong guest appeal
• Excellent opportunity for investors seeking distinctive accommodations
• Rare combination of lifestyle and income potential

Fairytale Oregon Home with Exceptional Character

This remarkable Eugene castle offers an opportunity unlike anything else currently available on the market. Whether you’re searching for a memorable investment property, an income-producing retreat, or a personal fairytale residence, this one-of-a-kind Oregon home delivers architectural charm, modern comfort, and proven earning potential in a highly desirable location.