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Riverfront Resort Property
New
For Sale
$2,000,000

46725 Goodpasture Rd, Vida, OR 97488

Guest accommodations include cabins, an apartment, studios, and full-hookup RV spaces across a recreational setting.

Property Size5,143 SF
Lot Size10.50 Acres
Price / SF$388.88
Days on Market2

Property Features for 46725 Goodpasture Rd

General Information

Standard status Active
Size 5,143 SF
Lot size 10.50 Acres

Additional Details

Utilities to Site Yes

Amenities

lush lawns
gardens
sport courts
play areas
docks
beaches
swimming spots
wedding/party sites

Building Details

Year Built 1984
Listing Agency: ICON Real Estate Group
Listed By: Jonathan Locke
Source: Evokepropertypartners
Added: Sep 13 Last Checked: Sep 13 at 2:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ICON Real Estate Group

Investment Insights

Based on property information with market context.

Wayfarer Resort is a 10.5-acre hospitality property at 46725 Goodpasture Rd in Vida, Oregon. The accommodations include an 1,800-square-foot, three-bedroom, two-bath octagonal home; a two-bedroom cabin; a one-bedroom river-view apartment; two creek-front studios; and three waterfront RV spaces with full hookups. The property was built in 1984.

The grounds border the McKenzie River to the north and Marten Creek to the east, with a private pond along the west boundary. On-site features include lawns, gardens, sport courts, play areas, docks, beaches, swimming areas, and wedding or party sites. Recent work includes HVAC, bathroom, flooring, paint, and fixture updates, along with ADA bath and shower improvements, a laundry facility, PEX piping, electrical upgrades, septic systems, and irrigation.

Seven additional sites have power, water, and septic connections in place and are graded for construction, while four more approved build sites are available.

Key Highlights

  • 10.5‑acre resort property bordering the McKenzie River and Marten Creek
  • Accommodations include an 1,800sf 3 bed, 2 bath octagon‑shaped home, cabins, apartment, studios, and 3 RV spaces
  • 3 luxury waterfront RV spaces with full hookups

Property Analytics

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Current Use

Resorts

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Arcade & Gaming Center Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 97488, OR

1,026
Population
450
Households
2.3
Avg Household Size
60
Median Age
36%
College-Educated
97%
High-School Grad
148.1 sq mi
ZIP Area
7
Density / Sq Mi
$78,162
Median Household Income
$48,705
Median Earnings
$411,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Resort - Guest accommodations include cabins, an apartment, studios, and full-hookup RV spaces across a recreational setting.
Where is this resort located?
The property is located at 46725 Goodpasture Rd Vida, OR.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 10.5‑acre resort property bordering the McKenzie River and Marten Creek; Accommodations include an 1,800sf 3 bed, 2 bath octagon‑shaped home, cabins, apartment, studios, and 3 RV spaces; 3 luxury waterfront RV spaces with full hookups
More about this property
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