T/L 2303 NE Arcadia Drive Unit T/L 2300 NE ARCADIA DR, Toledo, OR 97391

$595,000
List Price
$595,000
MLS#
24-1529
Region
Toledo
Subdivision
Yaquina Homestead

Property Description

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!

Additional Information

Tax Year
2023
Lot Dimensions
Irregular
Water
100+ Away, At Street, None

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Equity Plus Real Estate.