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Jared Hambrook

jaredh@legacyre.com +1(503) 930-2124

Listed by Premiere Property Group, LLC

$ 1,400,000

Est. payment -/mo

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Active

TL 300-500 Hwy 101 Yachats, OR 97498

6.51 Acres Lot

UPDATED:

10/16/2024 12:56 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 23307427

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 R2 & R4

Interior

Heating None

Exterior

Waterfront Yes

Waterfront Description OceanFront

View Ocean, Territorial

Garage No

Building

Sewer Other

Water Other

Others

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Regional Multiple Listing Service (RMLS)

Jared Hambrook

Principal Broker | License ID: 201211534

+1(503) 930-2124

Jared Hambrook

TL 300-500 Hwy 101 Yachats, OR 97498

Key Details

Location

Interior

Exterior

Building

Others

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TL 300-500 Hwy 101