TL 300-500 Hwy 101 Active

Yachats,OR 97498

$ 1400000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID 23279767

Annual Tax Amount $7,716

Tax Year 2023

Lot Size 6.510 Acres

Property Description

An Investor's Dream Property! This extraordinary acreage offers a unique combination of Ocean frontage and Highway 101 frontage, making it a rare find. Encompassing 6.7 acres with zoning designations RC and R4, this parcel presents a myriad of opportunities for multiple uses. For specific usage possibilities, it's recommended to consult with Lincoln County for further details. The breathtaking location features a stunning rocky shoreline, situated North of The Overleaf, providing a picturesque coastal backdrop. Gazing towards the West, you'll be captivated by the expansive ocean views that stretch as far as the eye can see.With an impressive 417 feet of Highway 101 frontage, this property holds great potential for commercial ventures, making it an ideal location for businesses seeking prominence on the North edge of Yachats city limits.Moreover, this versatile property also offers the option to include residential zoning, giving you the chance to enjoy both commercial and residential uses. Imagine creating your very own Dream Home right on the Beach, embracing the ultimate coastal lifestyle.Whether you're an astute investor looking for a promising opportunity 3 separate parcels, one has Appx 200 feet of Ocean frontage. The property consists of three tax lots, individually ranging in size from 0.78 ac., 1.21 ac. and 4.51 ac. and totallin appx. 6.51 ac. (usable). Each parcel has an irregular shape, with TL 300 bisected by the 804 Trail and three noncontiguous segments. Per the appraisal "Based on-site observations, available maps, and views of the immediate area, the parcel has a mix of level to gently sloping topography with dense vegetation, typical for raw land in the immediate area. No issues with transportation linkages, wetlands, soils, or other existing site conditions appeared to adversely impact the physical utility of the site given its range of permissible uses."*****Property is part of a trust and is exempt. Buyer is to do their own due diligence.

Location

State OR

County Lincoln

Area _200

Zoning R4 & R2

Exterior

Utilities Available None

Waterfront Yes

Waterfront Description OceanFront

View Ocean, Territorial, Trees Woods

Garage No

Building

Lot Description Brush, Ocean Beach One Quarter Mile Or Less, Stream, Trees

Schools

Elementary Schools Crestview Hghts

Middle Schools Waldport

High Schools Waldport

Others

Acceptable Financing Cash,Other

Listing Terms Cash,Other

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