186.25 Acres in Merlin, OR - $1,800,000
Slam dunk development opportunity! This 186 acre property is zoned for 5 acre parcels (CR5) and has a county paved road and electricity going right up the middle. Rolling terrain with woods and meadows. There will be lots of view parcels once the woods are thinned. Plenty of marketable timber, so it may be possible to fund at least some of the development costs. Could have as many as 39 parcels as well as 90+/- acres of common area for trails and solitude. Check with County Planning. Tentative layout for 37 lots here in our office. 3 new wells, good producers.
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