Auction Information
1.68 Acres in Florence, OR
ZONING: R-1 (Residential - One Acre Minimum)
PROPERTY INSPECTION: At Any Time
FINANCING: Subject to Seller's approval of Purchaser's credit: A 25% down payment with the balance secured by a first deed of trust, amortized over 20 years at 6.5% interest, calling for monthly payments of principal and interest; all due and payable at the end of three years.
DESCRIPTION: These Woahink Lake Estate homesites are located along the Summerbell Arm area of this central Oregon coast lake, 3± miles south of the beach resort community of Florence, and provide opportunity for development of a lakefront home with private dock.
J.M. Honeyman Memorial State Park is located along the western shore of the lake with a boat ramp and overnight camping facility. Woahink Lake is one of the most popular Oregon coastal lakes for wind sailing, boating, waterskiing, and fishing.
These three auction propert...
These three auction properties are part of the Laurel Crossing development in an area that has experienced construction of upper-end vacation and retirement homes. Two sites (A and B) have lake frontage. Other nearby lakefront lots have sold in the range of $370,000 to $400,000 during the last 3 to 4 years.
The homesites are ready for construction, with water and power already available and septic to each homesite approved. (See Supplemental Information Package for site map of each home.) Deed restrictions will not allow manufactured homes. Road access is from Meadow Lake Way.
Parcel A is 1.75± acres and has an estimated 200 feet of lake frontage. Parcel B is 1.68± acres and has an estimated 175 feet of lake frontage. Parcel C is 2.19± acres and is an interior lot that adjoins parcel A, and will have views of Woahink Lake.
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Meadow Lake Way - Florence, Oregon. Tax Map # 19-12-23-10, Tax Lot #914 (Parcel A), Tax Lot 913 (Parcel B), and Tax Lot 910 (Parcel C)