Prospect is situated along Oregon Route 62 on the Rogue River, in the Rogue River National Forest, home of some great bed and breakfast locations. Prospect hosts the bluegrass music festivel which displays local talent.The Jamboree and Timber Carnival is held in August which includes lumberjack contests such as log rolling. Prospect State Scenic Viewpoint is located near the airport of the city, it is formerly known as Mill Creek Falls Scenic Area, it is a good place for trecking. Baar creek fall is near mill creek fall, it is a good place for site seeing. Why not stay at a local Prospect B&B or Prospect Inn to enjoy all the area has to offer. Abbys Legendary Pizza is a famous place to eat pizza. Adam's Deli and Catering is a good place to eat and relax, they also offer home delivery. Less