OR > Toledo
Toledo, OR 97391,329 OLALLA RD
Toledo, OR 97391,329 OLALLA RD
Toledo, OR 97391,329 OLALLA RD
Toledo, OR 97391,329 OLALLA RD
Toledo, OR 97391,329 OLALLA RD
Toledo, OR 97391,329 OLALLA RD
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Renee Espinosa

Renee Espinosa

MORE Realty

+1(503) 886-9969
Listed by Coldwell Banker Professional
$ 870,000
Est. payment | /mo

2 Beds

1 Bath

890 SqFt

Save
$ 870,000
Est. payment | /mo
Save

2 Beds

1 Bath

890 SqFt

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

Interior Features Vaulted Ceiling, Wallto Wall Carpet, Washer Dryer

Heating Ductless, Heat Pump

Cooling Heat Pump

Appliance Dishwasher, Free Standing Refrigerator

Exterior

Exterior Feature Deck, R V Parking

Parking Features Detached

Garage Spaces 1.0

View Mountain, Trees Woods

Roof Type Metal

Garage Yes

Building

Story 2

Foundation Concrete Perimeter, Pillar Post Pier

Sewer Septic Tank

Water Spring

Level or Stories 2

Schools

Elementary Schools Toledo

Middle Schools Toledo

High Schools Toledo

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)
agent
Renee Espinosa

Broker | License ID: 201214052

+1(503) 886-9969 | reneeinpdx@gmail.com

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329 OLALLA RD