Hwy 38, Reedsport, OR
Large inexpensive acreage! Steep slope with panoramic views of the Umpqua River. Size is 21+ acres. Zoning is TR Timberland Resource. Seller has already recorded an easement off of Hwy 38. He had planned to develop property into a rock quarry and had permits but decided to move out of state. The conditional use permit for quarry has expired but buyer can investigate pursuing it again. Look around and you will not find a parcel this large at this price point anywhere in Douglas County. The savvy buyer who snaps it up at this low price will have instant equity. Perfect for long-term investment!
Price: $51,500
Terms: Cash or seller may carry the loan with 20% down at 5% interest for 5 years. Payments would be $783.16 per month. Seller may also consider other terms.
Size: 21.96 acres
Zoning: TR Timberland Resource
Street: Hwy 38
Cross Street: Deans Creek Rd
Parcel Number (APN): R4...
Parcel Number (APN): R45890
Driving Directions: From Reedsport, drive 8+ miles east. Pass the Brandy Bar Landing condos on the left. Parcel is on the right, across Hwy 38 from the Umpqua Wayside. Take the maps.
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