Fabulous opportunity to develop this amazingly versatile property. The development possibilities are there as the property has recently been re-zoned to R-General Residential and annexed into Lincoln County on 6/22. 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 proprties 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/$200,000 down, 6% interest, due in 3 yrs. Convenient location approx. 8 miles from Newport. Buyer to do their own due diligence with Lincoln County Planning Dept. Toledo welcomes more housing development.
Cross Street Hwy 20; from Newport, approx. 8 mi E on Hwy 20.Turn So on Arcadia to the prop on right
Dwelling Type: Land
Subdivision: Yaquina Homestead
Year Built: , County: US
Cross Street Hwy 20; from Newport, approx. 8 mi E on Hwy 20.Turn So on Arcadia to the prop on right
Listing is courtesy of Equity Plus Real Estate