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Highway 101
Rockaway Beach, OR 97136
Oceanfront Development Site · Land For Sale
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0.42 AC
PROPERTY FACTS
DESCRIPTION
This 18,295± square foot oceanfront development site is located at the north end of Rockaway Beach at NW 23rd and Highway 101 by the 12-unit Nedonna View Oceanfront Condominiums. Rockaway Beach is located along Oregon’s north coast, and is less than a two-hour drive from Portland or Salem. Rockaway Beach is known for its seven miles of beach, and hosts a variety of festivals throughout the year. The development site has an estimated 75 feet of beach frontage, and 100 feet of Highway 101 frontage. There is a trail at the end of NW 23rd that provides access to Manhattan Beach which is at the north end of the city. The Residential/Resort zone will allow up to 8 to 10 condominium or townhome units, with two parking spaces required for each unit. Height limit along the beach front is 20 feet, and 24 feet along Highway 101 frontage. A motel is allowed under a conditional use. All utilities are available to the property. Seller financing available: A 30% down payment with the balance secured by a first deed of trust, amortized over 20 years at 6% interest, calling for monthly payments of principal and interest; all due and payable at the end of 2 years.
