T/L 2303 NE Arcadia Drive #T/L 2300 NE ARCADIA, Toledo, OR 97391 (MLS # 24-1529)
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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 the County in 06/22. 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 properties 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/ $100k down, 5% interest, amortized over 30 years, due in 3 years. Convenient location, approximately 8 miles from Newport. Buyer to do their own due diligence with Lincoln County Planning Department. Toledo welcomes more housing development!
| DAYS ON MARKET | 140 | LAST UPDATED | 7/9/2024 |
|---|---|---|---|
| TRACT | Yaquina Homestead | YEAR BUILT | 0 |
| COMMUNITY | Toledo | COUNTY | Lincoln |
| STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
| ADDITIONAL DETAILS | |
| AREA | Toledo |
|---|---|
| LOT | 14.92 acre(s) |
| LOT DIMENSIONS | Irregular |
| SUBDIVISION | Yaquina Homestead |
| TAXES | 57.07 |
| UTILITIES | Natural Gas Not Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Forest |
| WATER | None |
| ZONING | R-G Residential, General |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Data Last Updated: 11/23/24 1:31 AM PST
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