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Tl 300-500 Highway 101Yachats, OR 97498Price: $1,400,000

  • Price: $1,400,000
  • 213 Days on Market
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Federal 30-year interest rate: 6.77% last updated on Feb 15, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,400,000List Price
  • 6.51Acreage
Listed by Tonya LM Osborn of Premiere Property Group,LLC
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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

Property Details of Tl 300-500 Highway 101

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Community, Market, Schools, Walkability statistics and info below provided by third party Faraday:

Yachats, OR Demographics

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Based on information submitted to OR_RMLS_WEB_API as of February 23, 2024 12:18 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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