$595,000 Price Analysis    ♡   Toledo, OR 97391 Unknown bed 0 bath unknown SqFt ($0/SqFt) 14.92 acre lot. Listed 2024-03-25 | Ⓧ USDA Ineligible due to property near Toledo |
Fabulous opportunity to develop this amazingly versatile property.
The development possibilities are there, as the prperty has recently been re-zoned to R-General Residential and annexed into the County in 06/22. The property welcomes a number of different uses: per Lincoln County, can be divided into 6000 sq. ft. lots, multi-residential or divide into 2-3 acre estate properties or one Estate property.
Scenic views to the west and forest views surround. Public water, sewer and electric not far from property. Seller will consider carrying a note w/ $100k down, 5% interest, amortized over 30 years, due in 3 years. Convenient location, approximately 8 miles from Newport. Buyer to do their own due diligence with Lincoln County Planning Department. Toledo welcomes more housing developmen
Presented by CeCe Kelly at
Realty One Group At the Beach.
Property MLS #24-562 from OCMLS
Lot Size Dimensions: Irregular
Topography: Level, Rolling, Sloped
Lot Size Square Feet: 649915
Calculated Total Monthly Association Fees: 0
Source Listing Status: Active
County: Lincoln
Cross Street: Hwy 20
Directions: From Newport, approximately 8 miles East on Hwy 20. Turn South on Arcadia Drive to property.
Tax Year: 2023
Source Property Type: C
Area: Toledo
Source Neighborhood: Yaquina Homestead
Subdivision: Yaquina Homestead
Zoning: GR - General Residential
Source System Name: C2C
$595,000
OCMLS
Water Source: 100+ Away
Year Built Details: Land
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.