N Shingle Bolt RD, Otis, OR 97368

$865,000

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List Price
$865,000
Days on Market
18
MLS#
713777234
Property Type
Land
Lot Size
100 to 199.99 Acres
Region
Lincoln County
Status
ACTIVE

Property Description

Located just 15 minutes from Lincoln City, this property offers a strong combination of timber investment potential and recreation value due to the proximity to Lincoln City along with the abundant wildlife on site. Two year-round streams run through the land, complementing more than 1,000 MBF of merchantable timber – mainly Douglas fir. Local log markets are strong and there are four age classes of timber which will support periodic income from the property if so desired. The timber types include an estimated 74.1 acres of age 40+, 10 acres of 12-year-old, 25 acres of 22-year-old and 20 acres of 28-year-old. Additionally, there are 40 acres of riparian area. The existing roads provide access throughout the property, and the U.S. Forest Service surrounds it on three sides.

Additional Information

Tax Amount
$487
High School
Taft
Elementary School
Oceanlake
Middle School
Taft
Acres
173.47
Property Type
Forest
Terms
Call Listing Agent, Cash
Waterfront Description
Creek
View
Creek/Stream, Trees/Woods
Waterfront
Yes
Utilities Included
None
Present Use
Recreational, Timber

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Calculator source: Real Geeks

Listing courtesy of AFM Real Estate.

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