705 N Molalla Ave, Molalla, OR 97038

THIS HOME HAS AN ASSUMABLE VA MORTGAGE OF ALMOST $400K AT AN INCREDIBLE 2.25% interest rate available to eligible buyers - YOU DO NOT NEED TO BE A VETERAN TO ASSUME THIS LOAN.. This beautifully maintained custom home sits on a peaceful and private .47-acre lot just blocks from the charm and conveniences of downtown Molalla. Enjoy the serene backyard setting complete with a deck surrounding a picturesque koi pond, creating the perfect space for relaxing or entertaining.In addition to 4 bedrooms, this spacious home features an expansive bar/game room, dedicated office, and bonus room offering flexibility for work, hobbies, or multi-generational living. The spacious primary suite includes its own fireplace, while additional amenities include hardwood floors, central A/C, gas kitchen appliances, and tankless water heater.Car enthusiasts, hobbyists, or business owners will appreciate the impressive 36x60 shop with a half loft providing abundant storage and workspace. Major updates include newer roof and gutters replaced within the last two years.This property truly offers the perfect blend of comfort, functionality, and small-town charm - all in an exceptional location.