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0 Elmer Miller Rd, Siletz, OR 97380 — photograph 1

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0 Elmer Miller Rd, Siletz, OR 97380 — photograph 1
81.43 Acres

0 Elmer Miller Rd, Siletz

$709,000

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ActiveMLS®: 559057356Listing held by another brokerage, marked RMLS
Lot size
81.43 acres
Property type
Land
Days on market
628

Overview

Welcome to this incredible 85+- Acre property located outside of Lincoln City, Oregon. With a quarter-mile stretch of scenic Siletz River frontage, this property offers a truly picturesque and serene setting. The mixed AC/TC Zoning offers multiple potential pathways to build on this land. (Subject to county approval) The land features 55+- acres of 18-year-old western hemlock trees, creating a thriving tree farm with potential for future timber harvesting. Additionally, there are 22+- acres of vibrant Red Alder trees, adding to the diversity and natural beauty of the property. Rec. lease will terminate at close.This growing tree farm offers a smart investment opportunity for those interested in the timber industry. The site index 138 ground highlights the potential for sustainable timber harvests and a long-term, yet smart timberland investment. The natural beauty of river frontage and riparian areas dominated by mature Sitka Spruce cap off the highlights that stretch beyond just an investment for financial purposes. Elmer Miller Rd Tree farm is a dream for fishermen, as it offers world-class Chinook Salmon fishing opportunities right on the Siletz River. To add to its wildness, the property is home to Roosevelt Elk, Blacktail Deer and a variety of other wildlife. Despite its tranquil rural setting, this property is conveniently located just 25 minutes away from Lincoln City, a popular coastal town known for its beautiful beaches and vibrant community. Eugene is only a 1 hour and 45-minute drive away, offering easy access to additional urban amenities.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
81.43 acres
Lot features
Reproduced Timber, Trees
View
Yes
View description
River, Trees / Woods

Schools

High school
Siletz
Middle school
Siletz
Elementary school
Siletz Schl

Location

City
Siletz
County
Lincoln
Zoning
AC/TC

Taxes and dues

Annual taxes
$739 (2024)

Location

0 Elmer Miller Rd, Siletz, OR 97380

Map showing the location of 0 Elmer Miller Rd, Siletz, OR 97380
© Mapbox © OpenStreetMap

Monthly payment estimate

$3,835 /mo

20% · $141,800
7.00%
Principal and interest
$3,774
Property tax (2024)
$62
Total
$3,835

Estimate only, and not an offer of credit. Assumes 20% down ($141,800) 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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