5500 BK Hwy 101, Otis, OR 97368 (MLS# LC-81369)


$850,000
5500 BK Hwy 101
Otis, OR 97368
MLS# LC-81369
Status: Closed



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DSC06615 DSC06617 DSC06618 DSC06630 5500 1 5500 2 Lake in the Background Majestic Property Possible Horizon View of Ocean

Property Description
Scenic mountain and horizon views of the ocean, from over 55 acres of dividable property. Bordering the Village of Cascade Head this acreage has a spring, and a small creek. Close to Ocean Beaches, Borders Hwy 101 and just inside the urban growth boundary this picturesque setting would be ideal for country living on the outskirts of the city.

Details
Status Change Information
Status Change Timestamp: 2018-12-05
Purchase Contract Date: 2017-10-02
Close Date: 2018-12-04
Close Price: 850000
Contract
List Price/Acre: 17526.33
Sold Price/Acre: 15437.7
Current Price: $850,000
Status: Closed
Begin Date: 2017-04-05
Sold Price: $850,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax & Legal
CC&R's: No
Lot
Lot Size Dimensions: Lg Irreg
View YN: Yes
Lot Size Acres: 55.06
Lot Size Square Feet: 2398413.6
Utilities
Cable Available: 1
Electricity Not Available: 1
Natural Gas Not Available: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Grade: Above Grade, Frontage/View Remarks: Ocean, Mountain and River Views!
Land Details
Corner Stakes: No
Survey Completed: Yes
Listing Terms
Cash: 1
Owner Will Carry: 1
Lot Features
Rolling Slope: 1
Road Surface Type
Dirt: 1
Sewer
Septic Needed: 1
Water Body Type
Ocean: 1
Permits and Document Statuses
Septic Permit Status: Not Applied For
Additional Tax and Location Information
Highway 101: East Side
Property Tax ID #: R450002
Subdivision Block: NA
Subdivision Parcel/Lot: NA
Tax District: 461
Historical Details
Historical MLS Number: 17-897
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Residential
Address
Street Number: 5500 BK
Street Name: Hwy 101
County: Lincoln
State: OR
Postal Code: 97368
Directions: Property is located above Chinook Golf Course bordering the Villages of Cascade Head. Call for your private tour.
Parcel Number: 06113500-300-00
Tax Legal
Tax Annual Amount: 5189.78
Tax Year: 2016
Zoning: R-1 Residential, Single Family
Tax Lot: 300
Tax Map Number: 06-11-3500
Property Features
Utilities: Cable Available; Electricity Not Available; Natural Gas Not Available; Water Available; Cable Available; Electricity Not Available; Natural Gas Not Available; Water Available
Listing Terms: Cash; Owner Will Carry
Lot Features: Rolling Slope
Road Surface Type: Dirt
Sewer: Septic Needed
Water Body Type: Ocean

Listing Office: Dominion Coast and Valley Real
Source MLS Verified

Office Email: DOMINIONCOASTANDVALLEY@GMAIL.COM

Last Updated: December - 13 - 2025

Information deemed reliable but not guaranteed.