$700000

Bed
Bath
SqFt
679 DOM
Built:
Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

Located in an Oregon OPPORTUNITY ZONE (ask for the information on hand) this 8-acre parcel in North Bend City Limits offers prime potential for residential development. Positioned on the 2nd highest trafficked road off Highway 101, centrally located between Coos Bay and North Bend, near the local Community College, the VA Center, the Coast Guard Station, the Airport, and centrally located shopping. Currently zoned as R-7, the seller is open to a long escrow to accommodate a conditional use permit application with the City for a PUD Planned Unit Development or possible zoning change to higher density residential. The City of North Bend owns the lot to the East and may be willing to surpluss the lot to a developer that will incorporate more housing on that lot. Zoning information, survey maps, opportunity zone info, and harvestability documents are available upon request. See photos and fly-through video for an aerial and interior view inside the lot lines. Merchantable timber on the property was valued at $42,000 by Messerle and Sons several years ago. Investing in an Opportunity Zone can offer tax incentives, capital gains deferral or reductions, etc - ask for the documents available for more information. This investment in an opportunity zone would also contribute to improving the local economy and community, in need of more housing. Our local SCDC South Coast Development Center is available for more Development opportunities, grants, programs, and resources.

Listing Provided Courtesy of Samantha Oswald, National Real Estate

General Information

MLS #23622120
TypeMultiFamily
Days on Market 679 DOM
Beds
Lot Size 8.09 acres
Baths
SqFt
Year built
ZoningR-7
CountyCoos
Tax ID356321
ElemHillcrest 9/10
MiddleNorth Bend 3/10
HighNorth Bend 3/10
PropCategoryLand
PropTypeMultiFamily
Neighborhood (Legal)25S-13W-22BA TL 2100

Listing Provided Courtesy of Samantha Oswald, National Real Estate

Krishna Realty data last checked: Aug 15, 2025 02:55 | Listing last modified Aug 12, 2025 23:34, Source:

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Residence Information

Upper SqFt
Main SqFt
Lower SqFt
Total SqFt
SFSrc
TotUp/Mn
Fireplaces
Bdrms
Full Bath
Partial Bath
Total Bath
Roof
Garage
Style
Parking
Levels
Year Built
Green CertNo
Energy Eff
Exterior
Bsmt/Fnd
RV
URM
Basement
Foundation
Windows
Amenities

Features and Utilities

Living
Kitchen
Interior
Exterior
Accessibility
Cool
Water
Heat
Sewer
Hot Water
Fuel

Financial

PTax/Yr3054.01
HOA0
HOA Incl
HOA Fee
Other Dues
Terms ConsideredCash,Conventional,Other
List Date10-04-2023
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date
DOM 679
CDOM 681
Sold Date
TermsCash,Conventional,Other
Original Price$650,000
List Price$700,000
Sold Price
Last ModifiedAug 12, 2025 23:34

Schools

public Elementary : Hillcrest 9/10 Ratings

public Middle : North Bend 3/10 Ratings

public High : North Bend 3/10 Ratings

Map

Listing courtesy of National Real Estate.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Aug 15, 2025 02:55 | Listing last modified Aug 12, 2025 23:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

0 Newmark

$700,000