329 OLALLA RD new Save Request In-Person Tour Request Virtual Tour
Toledo,OR 97391
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 890 sqft
Price per Sqft $977
MLS Listing ID 457115171
Style Traditional
Bedrooms 2
Full Baths 1
Year Built 1950
Annual Tax Amount $1,105
Tax Year 2024
Lot Size 15.750 Acres
Property Sub-Type Single Family Residence
Property Description
Escape to this beautifully updated home on 15.75 acres of serene, park-like land, located just minutes from Newport, Oregon. Zoned RR-5, this rare property offers the potential to divide into 5-acre parcels making it both a smart investment and a peaceful retreat. Surrounded by towering, mature timber, the setting is quiet, private, and truly picturesque like living in your own forest park. The home has been thoughtfully updated with a brand-new deck, a remodeled kitchen and bathroom, all-new flooring, and new windows that fill the space with natural light and offer stunning views of the surrounding forest. Additional modern upgrades include a new hot water heater, a new dishwasher, and a new heat pump for year-round comfort.The home also features all-new rain gutters, a newly constructed well house, a gravity-fed spring, and an above-ground holding tank providing sustainable and reliable water access. The attached garage includes a dedicated workshop area, ideal for projects, hobbies, or additional storage. The gently sloped land offers multiple potential homesites, perfect for building or expansion. With RR-5 zoning, the acreage can be divided, offering valuable flexibility for future development. Best of all, Olalla Lakealso known as Olalla Reservoir is just moments away, offering excellent fishing and outdoor recreation right at your doorstep. This is a rare opportunity to own a move-in-ready home with acreage, privacy, and development potential in a highly desirable location close to the Oregon Coast and the amenities of Newport.
Location
State OR
County Lincoln
Area _200
Zoning RR-5
Interior
Heating Ductless, Heat Pump
Cooling Heat Pump
Exterior
Exterior Feature Deck, R V Parking
Parking Features Detached
Garage Spaces 1.0
View Mountain, Trees Woods
Roof Type Metal
Building
Story 2
Foundation Concrete Perimeter, Pillar Post Pier
Sewer Septic Tank
Water Spring
Schools
Elementary Schools Toledo
Middle Schools Toledo
High Schools Toledo
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional