2303 Ne Arcadia Dr, Toledo, OR 97391

Property Description

Fabulous opportunity to develop this amazingly versatile property. The development possibilities are there, as the property has recently been re-zoned to R-General Residential and annexed into the County in 06/22. The property welcomes a number of different uses: per Lincoln County, can be divided into 6000 sq. ft. lots, multi-residential, or divide into 2-3 acre estate properties or one Estate property. Scenic views to the west and forest views surround. Public water, sewer and electric not far from property. Seller will consider carrying a note w/ two Hundred thousand down, 6 percent interest, due in 3 years. Convenient location, approximately 8 miles from Newport. Buyer to do their own due diligence with Lincoln County Planning Department. Toledo welcomes more housing development