2303 NE Arcadia Dr #2303, Toledo, OR 97391

Fabulous opportunity to develop this amazingly versatile property. The development possibilities are there as the property has recently been re-zoned to R-General Residential and annexed into Lincoln County on 6/22. The property welcomes a number of different uses: per Lincoln County, can be divided into 6000 sq. ft. lots, multi-residential, or divide into 2-3 acre estate proprties or one estate property. Scenic views to the west and forest views surround.Public water, sewer and electric not far from property. Seller will consider carrying a note w/$200,000 down, 6% interest, due in 3 yrs. Convenient location approx. 8 miles from Newport. Buyer to do their own due diligence with Lincoln County Planning Dept. Toledo welcomes more housing development.