$999,000

Rare opportunity to own 492± acres of productive Oregon Coast forestland just 10 minutes east of Waldport & 10 miles from the Pacific Ocean. The property includes 1/2 mile of Mill Creek, 8 perennial & 25 seasonal streams, abundant wildlife & elevations ranging from 30' to 1,300'. Timber includes 166± acres of 16-year-old redcedar, Doug-fir & alder, plus 64± acres of 32 to 34-year Doug-fir, hemlock, alder & maple. Across these 230± acres, estimated logging systems average 30% shovel, 61% tether & 9% cable. The balance of the property includes older mixed conifer & hardwood stands with some conifers exceeding 125 years in age. Average site index is 128 with values ranging from 110 to 138. Approximately 262± acres are within RMA’s &/or high landslide hazard locations, materially limiting timber harvest & road development in those areas. Four access points connect the property to Hwy 34, including 3 gated entrances. More than 3.5 miles of rocked roads & 1.5 miles of dirt roads provide internal access. Most entrances & portions of the road system require brushing & maintenance before becoming fully drivable again. Exceptional recreational ground with elk, deer, bear, cougar, bobcat, grouse & more. Approximately 25 miles to Newport, 53 miles to Corvallis & 1 hour to Philomath. Property is zoned TC. Based on the acreage & taxlot configuration, potential may exist for more than 1 dwelling through Lincoln County’s large-tract-dwelling approval provisions, subject to obtaining County approval. Seller has not verified dwelling eligibility. Property is subject to multiple recorded water, pipeline, access, road & utility easements, including water sources & infrastructure serving surrounding properties. Buyer to conduct independent due diligence regarding zoning, dwelling eligibility, access, easements, water rights, forest practices & all intended uses. Shown by appointment only. Contact a Broker to view the videos, interactive map with panoramic viewer & property records.