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Listed by AFM Real Estate
$ 865,000
Est. payment /mo
New
0 N Shingle Bolt RD Otis, OR 97368
173.47 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Forest
Listing Status Active
Purchase Type For Sale
MLS Listing ID 713777234
HOA Y/N No
Annual Tax Amount $487
Tax Year 2025
Lot Size 173.470 Acres
Property Sub-Type Forest
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.
Location
State OR
County Lincoln
Area _200
Zoning TC
Exterior
Utilities Available None
Waterfront Description Creek
View Creek Stream, Trees Woods
Garage No
Building
Lot Description Merchantable Timber, Private Road, Reproduced Timber, Stream, Trees
Schools
Elementary Schools Oceanlake
Middle Schools Taft
High Schools Taft
Others
Acceptable Financing CallListingAgent, Cash
Listing Terms CallListingAgent, Cash
Virtual Tour https://www.youtube.com/watch?v=7wqbSbnzTf8
