Tl 300-500 Hwy 101, Yachats, OR

$1,400,000

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6.51

Acres

About Tl 300-500 Hwy 101

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.

Features of Tl 300-500 Hwy 101

MLS® # 23279767
Price $1,400,000
Bathrooms 0.00
Acres 6.51
Type Land
Sub-Type Single Family Residence
Status Active

Community Information

Address Tl 300-500 Hwy 101
Area 200 - Lincoln County
City Yachats
County Lincoln
State OR
Zip Code 97498

Amenities

Utilities None
View Ocean, Territorial, Trees/Woods
Is Waterfront No
Waterfront Ocean Front
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Brush, Ocean Beach 1/4 Mile or Less, Stream, Trees

School Information

Elementary Crestview Hghts
Middle Waldport
High Waldport

Additional Information

Date Listed July 26th, 2023
Days on Market 499
Zoning R4 & R2
Short Sale No
RE / Bank Owned No

Listing Details

OfficePremiere Property Group, LLC

Listing Map

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