Auction Information
96 Acres in Seal Rock, OR
Property 1202-119
Seal Rock Timber Tract with Conditional Use Permit for Homesite
Published Reserve
$435,000
Last Asking
First Time Offered
Size
96 Acres
Elevation
10 Feet to 100 Feet
Zoning
TC (Timber Conservation Zone)
Property Inspection
At Anytime Park at Entry and WalkIn only
Financing
None All Cash
Description
This 96 acre Oregon coastal timber tract is located 3 miles north of Seal Rock and 7 miles south of Newport home to the Oregon Coast Aquarium and has a combination of a wellstocked tree farm offering nearterm income, and an approved homesite. The property is near the Ona Beach State Park, located at the mouth of Beaver Creek, an important estuary wetland. The Oregon Parks and Recreation Department recently acquired 349 acres along Beaver Creek to create the Beaver Creek State Natural Area, with hiking trails and access for canoeing and kayaking.
This tim...
This timber tract has an estimated 1,335 MBF of primarily 45 yearold Douglasfir and white woods, located on 69 acres. (Please see Supplemental Information Package for inventory detail.) The Douglasfir site class is III. There are 13 acres of wellstocked 20 year old Douglasfir reproduction. The property is projected to have an estimated 2,248 MBF within the next 10 years, or an increase in volume of 60%. The balance of the tract, 10 acres, is a riparian, or wetland, area along Tracey Creek, which may provide some conservation values to a new owner through enhancement of wetlands. Tracey Creek is tributary to Beaver Creek, an important estuary wetland.
There is access from S.E. 143rd Street to the northwest corner of the tract. A logging road provides access to the lands located on both sides of Tracey Creek. The conditional use permit for a homesite to be located in thenorthwest corner of the property (Case File 34ADMC04) will expire December 27, 2012. The Seller has requested an extension from Lincoln County Department of Planning and Development. A reciprocal easement over the logging road from S.E. 143rd Street has been granted to Forest Capital Partners, the adjoining owner to the east. (Please see Supplemental Information Package.)
Water to the site is provided by Seal Rock Water District
Location
Township 12 South, Range 11 West, Sections 7 and 18, Tax Lot 304 (Section 7) and Tax Lot 100 (Section 18). From Highway 101, take S.E. 143rd Street east 1/8 mile to the property.
SEALED BIDS DUE NO LATER THAN 5:00P.M., May 16, 2012
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