Property Description
Development Opportunity on R1 Zoned Lot in Gearhart.This property presents a prime investment opportunity for builders and developers in a highly sought after Gearhart location. The offering includes an existing four bedroom, two bathroom home situated on an expansive lot zoned R1.The primary value of this property lies in its development potential. According to current zoning regulations, this lot may be eligible for the construction of up to six detached units. The property's location offers convenient access to Highway 101 and is just a short distance from the beach and local amenities, making it an attractive site for new construction. This is a rare opportunity to acquire a versatile property with significant upside. Buyers are advised to perform their own due diligence with the city of Gearhart regarding all zoning and development possibilities. Property will be sold as-is, seller to do no repairs.Contact us for more information.
Property Features
Feature Descriptions
Room Sizes
Local Schools
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Portland Elite
Agency Contact: 503-957-4905
Shown By
Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate
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Estimated Payment
$ 3,007.25 per month $2,578.84 Principal & Interest $279.67 Property Tax $148.75 Homeowner's InsuranceChange Payment Information
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4173 Highway 101 N | MLS# 309914707
This single family home located at 4173 Highway 101 N, Gearhart, OR 97016 is currently listed for sale with an asking price of $510,000. This property was built in 1953 and has 4 bedrooms and 2 full baths with 2200 sq. ft. Search Gearhart real estate on daniellegates.bendpremierrealestate.com today.