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47975 87 McKenzie Hwy, Vida, OR 97488 — photograph 1

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47975 87 McKenzie Hwy, Vida, OR 97488 — photograph 1
41.73 Acres

47975 87 McKenzie Hwy, Vida

$595,000

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ActiveMLS®: 524513329Listing held by another brokerage, marked RMLS
Lot size
41.73 acres
Property type
Land
Days on market
191

Overview

Multiply Investment opportunities exist on these THREE properties and FOUR tax lots with over 41.73 acres with Bear Creek frontage and wonderful views of the beautiful McKenzie River. Three have APPROVED Lane County applications to submit building plans until 2030. Three sunny building sites, #00101 zoned RR5 is 1.44 acres approved for a 908 sq ft home and has a septic and well on the property. #04200 zoned F2, 5 acres with approved 1,440 sq ft home, #00103 zoned RR5 .88 acres, with approved 780 sq ft home, has septic tank no well. All have power available at the road. A second level could be added to all three of these home sites for more sq footage. Investors Alert or Multi Family opportunity awaits. Merchantable timber on the F2 # 4200, 39.41 acres. Buyer to own due diligence. All in the heart of the McKenzie River Recreational Valley with fishing, hiking, biking trails, rafting, paddle boarding and boating all close by, with an easy commuting distance to town. Close to gas station, cafes, 2 pizza parlors, small grocery stores, fire station and post office. School and library are just 10 miles east. Great properties for animals and kids to roam the hillside and wade in the creek and for families to enjoy as a year-round home or live in one and rent the other two as an investment opportunity that you can supervise. All one owner which makes this package deal an easy sale.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
41.73 acres
Lot features
Brush, Cleared, Terraced, Trees
View
Yes
View description
Creek / Stream, River, Trees / Woods

Schools

High school
McKenzie
Middle school
McKenzie
Elementary school
McKenzie River

Location

City
Vida
County
Lane
Zoning
RR5 F2

Taxes and dues

Annual taxes
$1,540 (2025)

Location

47975 87 McKenzie Hwy, Vida, OR 97488

Map showing the location of 47975 87 McKenzie Hwy, Vida, OR 97488
© Mapbox © OpenStreetMap

Monthly payment estimate

$3,295 /mo

20% · $119,000
7.00%
Principal and interest
$3,167
Property tax (2025)
$128
Total
$3,295

Estimate only, and not an offer of credit. Assumes 20% down ($119,000) 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.

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