Bought with Non Rmls Broker
$504,000
$499,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
120 Acres Lot
SOLD DATE : 02/09/2024
Key Details
Sold Price $504,000
Property Type Vacant Land
Sub Type Farm
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23310939
Sold Date 02/09/24
Annual Tax Amount $1,025
Tax Year 2023
Lot Size 120.000 Acres
Property Description
The sound of ocean waves roars across the gentle slopes of this 120+- acres, located only 5 miles from the beach. Situated 13 miles south of Newport and 12 miles north of Waldport. A mixture of hemlock, spruce, Douglas-fir, red alder, shore pine, and cedar is growing on site index 132 soils with approximately 78 acres in 18-year-old timber, 17 acres of 61-year-old, 17 acres of 70-year-old and 5 acres of 80-year-old. The topography varies between wide gentle slopes to the rugged steep hillsides of the coast range. Plenty of nice flats with filtered views of the ocean through the forest. There are two tax lots, TL802 and TL1000. TL802 is located within the city limits of Newport and zoned R4. However, topography and the legal access route potentially limit the ability to build the maximum number of allowable residences within that zone. TL1000 is zoned TC with potential to build a single-family dwelling if you can pass the Lincoln County requirements. Buyer to do their own due diligence on both lots if interested in residential development of the property. Evidence of regular elk, deer and bear activity is found throughout the property. Extensive road system provides good access and a great recreational opportunity for those who love to ride ATVs. This is a private and secluded large acreage parcel difficult to find on the coast. So much potential! So much to enjoy! Don't miss out! No seller financing available. Possibly financeable through Farm Credit Services. Shown by appointment only with Listing Broker present.
Location
State OR
County Lincoln
Area _200
Zoning TC & R4
Exterior
Utilities Available None
Waterfront Description Other
View Mountain, Ocean, Trees Woods
Garage No
Building
Lot Description Merchantable Timber, Private, Private Road, Reproduced Timber, Secluded, Stream
Schools
Elementary Schools Sam Case
Middle Schools Newport
High Schools Newport
Others
Acceptable Financing Cash, FarmCreditService
Listing Terms Cash, FarmCreditService
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