Elk City RdToledo, OR97391

$56,000
2 acres
Acres1to3
Elementary School: Toledo
Middle School: Toledo
High School: Toledo
Zoning: A-C
304 days on market

VestorFilter™

Recent price drop$43,000
Price per acre$28K/ac
Time on market304 days

Property Description

2 acres of year-round salmon fishing paradise on the world-famous Yaquina River headwaters with direct access to the ocean downstream. Next to the Abbey Creek natural salmon stream, this Kayak'ers dream has a natural beach for swimming and playing in the summer. Potential for parking a tiny home/rv/houseboat or floating house on a once-in-a-lifetime property with a 1000 ft of Yaquina river front Bounded on the west side by the railroad (and mountain) and hundreds of acres of uninhabited timberland with 800ft mountain views galore! Possibly ready for your dock and boat ramp. Old dock pilings are still in place, the new owner must check on the current dock rules. Original ~30ft tall metal wigwam burning barn structure (needs repair) standing from the original Elk City lumber mill last used in the 1970s. Fully forested with birch trees that are +20 yrs old. Very private, with only boat and train access to the property. Opportunity for the train to deliver material/lumber to the property. Elk city county dock is only 2000ft away.

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Financial Data

Date Sold2024-02-14
Sold Price$26,500
Price ChangeDropped $43,000 on 02/14/2024
Total $69,000 drop
Original Price$125,000
Current Price$56,000
Property Taxes$37

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Home Facts

StatusClosed
MLS ID23527415