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4173 Highway 101 N, Gearhart
$510,000
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- Price per sqft
- $231.82
- Built in
- 1953
- Property size
- 2,200 sqft
- Lot size
- 1.6 acres
- Property type
- Residential
- Days on market
- 201
Overview
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.
Details
Interior
- Appliances
- Free Standing Gas Range, Free Standing Refrigerator, Stainless Steel Appliance
- Fireplace
- Yes
- Fireplaces
- 1
- Fireplace description
- Wood Burning
- Cooling
- No
- Heating
- Yes
- Heating description
- Baseboard
- Windows
- Double Pane Windows, Vinyl Frames
Exterior and lot
- Lot size
- 1.6 acres
- Lot features
- Level
- Architectural style
- Two Stories
- Roof
- Composition
- View
- No
Utilities
- Sewer
- Septic Tank
- Water source
- Public Water
Parking
- Garage spaces
- 2
- Parking
- Driveway
- Total parking
- 2
Schools
- High school
- Seaside
- Middle school
- Seaside
- Elementary school
- Pacific Ridge
Location
- City
- Gearhart
- County
- Clatsop
- Zoning
- R1
Taxes and dues
- Annual taxes
- $3,356 (2025)
Location
4173 Highway 101 N, Gearhart, OR 97016
Monthly payment estimate
$2,994 /mo
- Principal and interest
- $2,714
- Property tax (2025)
- $280
- Total
- $2,994
Estimate only, and not an offer of credit. Assumes 20% down ($102,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
