0 N Shingle Bolt Rd, Otis, OR 97368

$865,000
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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.

0 N Shingle Bolt Rd | MLS# 713777234

This land located at 0 N Shingle Bolt Rd, Otis, OR 97368 is currently listed for sale with an asking price of $865,000. The property has approximately 173.47 Acres. Search Otis real estate on drueripp.bendpremierrealestate.com today.

Property Features

Property Type: Land - Farm
Lot Size: 173.47 Acres
Taxes: $488

Feature Descriptions

Body of Water: Salmon Creek
Days on Site: 1
Lot: Merchantable Timber, Private Road, Reproduced Timber, Stream, Trees
Present Use: Recreational, Timber
Special Tax Assessment: $251.00
Special View Info: Creek/Stream, Trees/Woods
Utilities: None
Waterfront: Creek

Local Schools

High School: Taft
Middle School: Taft
Elementary School: Oceanlake

Listed By / Shown By

Listed By

Agency Name: AFM Real Estate
Agency Phone: 541-505-3377

Shown By

Agent Name: Drue Ripp, Broker
Agent Phone: Cell: (541) 668-0339
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 4,666.87 per month $4,373.91 Principal & Interest $40.67 Property Tax $252.29 Homeowner's Insurance

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