Bought with Treewishes Company
$285,000
$329,000
13.4%For more information regarding the value of a property, please contact us for a free consultation.
40.72 Acres Lot
SOLD DATE : 07/13/2023
Key Details
Sold Price $285,000
Property Type Vacant Land
Sub Type Farm Forest
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23010228
Sold Date 07/13/23
HOA Y/N No
Annual Tax Amount $285
Tax Year 2022
Lot Size 40.720 Acres
Property Description
Rare opportunity to own 40+ acres among the seclusion and privacy of Oregon's coastal mountains, completely surrounded by Forest Service on all sides! This timber investment with 12 to 24-year-old Douglas-fir, hemlock, western red cedar and red alder, has the benefit of not only producing future income from timber harvesting, but provides an immediate return of recreational enjoyment. Whether you enjoy this wild land yourself or lease it out for others to enjoy, the value in bare land like this is increasing. Campgrounds are now booked out for years in advance and packed full with no privacy. Nature retreats are in high demand, especially those with a water feature. The year-round stream on this property provides a great place to cool your feet during the summer and listen to the rushing water during the winter. The contiguous Forest Service land is stunning, with mature timber, fern covered floors and easy walking trails. Great wildlife habitat with deer and elk passing through the area regularly. Lots of opportunity for foraging wild edibles including berries and mushrooms. Located only 6 miles from Waldport with shopping and restaurants and beach access to the Pacific Ocean. The ocean views are now blocked by trees, but there's potential to open again with tree removal. Enjoy the gentle sounds of ocean waves in the distance and clear stargazing at night.TC zoning potentially allows residential development if you can get county approval of a Large Tract Non-Contiguous Dwelling. However, some of the conditions of approval may not be feasible because of the remote location. Buyer to do due diligence if interested in residential use of the property. Shown by appointment only.
Location
State OR
County Lincoln
Area _200
Zoning TC
Exterior
Fence None
Utilities Available Spring
Waterfront Description Other
View Y/N true
View Mountain, Trees Woods
Garage No
Building
Lot Description Gated, Private, Reproduced Timber, Secluded, Stream, Trees
Schools
Elementary Schools Crestview Hghts
Middle Schools Crestview Hghts
High Schools Waldport
Others
Acceptable Financing Cash, FarmCreditService
Listing Terms Cash, FarmCreditService
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