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Listed by Keller Williams Realty Portland Elite • 503-957-4905
$510,000
Est. payment /mo
1.6 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID 592932928
HOA Y/N No
Annual Tax Amount $3,356
Lot Size 1.600 Acres
Property Sub-Type Single Family Residence
Property Description
Development Opportunity on R1 Zoned Lot in GearhartThis property presents a prime investment opportunity for builders and developers in a highly sought after Gearhart location. The offering includes an existing four bedroom, two bathroom home situated on an expansive lot zoned R1.The primary value of this property lies in its development potential. According to current zoning regulations, this lot may be eligible for the construction of up to six detached units. The property's location offers convenient access to Highway 101 and is just a short distance from the beach and local amenities, making it an attractive site for new construction.This is a rare opportunity to acquire a versatile property with significant upside. Buyers are advised to perform their own due diligence with the city of Gearhart regarding all zoning and development possibilities. Property will be sold as-is, seller to do no repairs.Contact us for more information.
Location
State OR
County Clatsop
Area _183
Zoning R1
Exterior
Utilities Available NaturalGasConnected, StandardSeptic, WaterConnected
Waterfront Description Creek
Garage No
Schools
Elementary Schools Pacific Ridge
Middle Schools Seaside
High Schools Seaside
Others
Acceptable Financing Cash, Contract, OwnerWillCarry
Listing Terms Cash, Contract, OwnerWillCarry
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NEARBY SCHOOL & BUSINESS