Otter Rock RoadOtter Rock, OR97369
$465,000
82.00 acres
Elementary School: Sam Case Elem
Middle School: Newport Middle
High School: Newport High
Zoning: TC
200 days on market
VestorFilter™
Recent price drop$70,000
Price per acre$5.7K/ac
Time on market200 days
Property Description
Great timber and recreation site with potential for panoramic views of the ocean. Mostly replanted in Sitka Spruce and some Hemlock coming up through the underbrush. Great site for fast growing Hemlock. Could use some help releasing the last (natural) replant or start over fresh. A D8 and land machines would do wonders on this property. Gated access on the north of Rocky Creek and access to the top through about 3 miles of limited use access agreements exclude residential access.
Financial Data
Date Sold2024-04-05
Sold Price$450,000
Price ChangeDropped $70,000 on 04/05/2024
Total $70,000 drop
Total $70,000 drop
Original Price$535,000
Current Price$465,000
Property Taxes$368
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Home Facts
StatusClosed
MLS ID220172706
