701 Acres in Merlin, OR - $3,950,000
A one of a kind spot for residential/retreat/resort development. 186+ acres zoned for 5 acre home sites (CR5) with a county paved road right up the middle. This makes for a slam dunk to put together a development of quality homes. Plus there are 515+ acres with forest zoning, to develop vineyards or a recreational resort like a horse facility with trails around the ponds through the wooded hills to adjoining BLM land. Several old buildings/trailers with little to no value. The old 'mansion' has appeal, so may be worth restoring. The motel-like old Sanitarium building may have potential as well. Irrigation lines are in place from ponds but unused. Priced below assessor's values! Check with county planning about zone changes or developing the WR properties.
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