Note: The photos depict a home that is currently fully rented. An identical neighboring property is being prepared for lease starting in February.

55 and Older Shared Housing Community for Seniors


Nestled on a quiet, residential, dead end street in Oregon City is an exciting new housing concept for seniors 55 and older. A large newly renovated residential home offers a private and independent life style while sharing housing expenses with other like minded, mature individuals.

We are fully able to prepare our own meals, vacuum our own floors, do our own laundry, and look after ourselves, but we don't want to deal with yard work, house and appliance maintenance issues, and other related chores. While there are many retirement homes and communities to choose from, we prefer a smaller, affordable solution that allows us full independence while at the same time providing us a safe haven where we can enjoy the company of other adults.

The Home


The home is a large 3,200 square foot house which has been completely updated to accomodate clean, comfortable living spaces boasting a private landscaped yard in a park-like setting. The main floor has a shared living room, dining room, kitchen, laundry room, and large pantry area. There are six private living spaces on the main floor. There is also an upstairs suite with two bedrooms, a bathroom, and a kitchen.

We are centrally located, close to many grocery and resaurant options. Fred Meyer, Safeway, and WInco are less then 1 mile away. Many parks (one with pickleball courts) and other recreational opportunities are nearby. Bus line 33 is a short 15-minute walk. There is off-street as well as on street parking.

Shared Living Spaces


Common or shared living spaces include a living room, dining room, kitchen, large pantry, and covered patio. Shared areas are newly furnished with a mid-century modern flair. The living room includes a large screen TV and a cozy gas fireplace.

The kitchen is fully applianced with an oven, refrigerator, microwave, and diswasher. A large pantry provides lots of space for separate food storage. The laundry room includes a washer, dryer, and utility sink.

Private Living Spaces


Each private main floor living space is a spacious 11'x19' room with a 6' closet plus a full 6'x9' private bath. Each of them have a separate exterior entrance with a slider and patio. Cable and internet are provided at no extra cost.

Also available is a 2nd floor suite with two bedrooms, a kitchen and full bath.

Testimonial From Current Shared Housing Resident


"As my lease was coming up for renewal, it was amidst the Covid pandemic. This health crisis was a catalyst in my decision, that led me to my choosing communal living. I chose early retirement and the opportunity to downsize my living space. I was able to downsize, without giving up my independence or privacy; the latter being of great importance to me. Prospector Terrace offers an environment of having a beautiful private room with a private bath and access to a beautiful shared landscape, cozy living room and dining area I can take advantage of, should I care to do so. I am free to come and go as I please and free to share in social gatherings and enjoy shared meals, if I choose to do so. This has been such a wonderful experience. I lived alone for 20 years prior to moving in and naturally had some concerns; now I can't see myself living any other way. It simply takes walking thru the house to see it as a home."