N Shingle Bolt RD, Otis, OR 97368

$865,000

Overview

Forest, Land
Property Type

713777234
MLS#

173.47 Acres
Land Area

AFM Real Estate
Office Name

Bill Marre
Agent Name

Description

Located just 15 minutes from Lincoln City, this property offers a strong combination of timber investment potential and recreation value due to the proximity to Lincoln City along with the abundant wildlife on site. Two year-round streams run through the land, complementing more than 1,000 MBF of merchantable timber – mainly Douglas fir. Local log markets are strong and there are four age classes of timber which will support periodic income from the property if so desired. The timber types include an estimated 74.1 acres of age 40+, 10 acres of 12-year-old, 25 acres of 22-year-old and 20 acres of 28-year-old. Additionally, there are 40 acres of riparian area. The existing roads provide access throughout the property, and the U.S. Forest Service surrounds it on three sides.