Riverfront acreage o 4,000 SF commercial-grade shop o 2 min to Port of Toledo boat launchSet on ~11.4 acres along S Bay Road, this 4,450 SF residence offers direct river frontage, panoramic water and territorial views, and exceptional versatility for live-work or hobby use. Expansive windows capture Yaquina River vistas throughout the open-concept main level. The primary suite on main includes a walk-in closet, soaking tub, dual vanities, and French doors to the deck. Lower level features two bedrooms, full bath, and built-in safe - ideal for extended living or storage. Recent updates include new carpet, select LVP flooring, and interior paint.The approximately 4,000 SF detached shop offers concrete floors, bathroom, laundry, office, and 3-phase power - currently rented for $3,000 per month with option to retain or occupy personally. Two-car attached garage plus ample outdoor parking for boats and equipment. Metal roof and wood siding enhance durability in the coastal climate. Rural zoning within the Urban Growth Boundary adds long-term flexibility for use or expansion (buyer to verify).Enjoy boating and fishing right out your door - just a 2-minute drive to the Port of Toledo Launch Ramp and Day Use Area with free boat launch and direct access to the Pacific via Yaquina Bay. Close proximity to local grocery store and Downtown Toledo shops for everyday convenience. Includes floor plan and Zillow 3D tour for a complete view of this unique riverfront property.