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    395 Hwy Lakeview, OR 97630

    Sponsored
    For Sale
    $85,000

    Build your dream home in scenic Oregon.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 6-acre property, located at 395 Highway N, Lakeview, Oregon 97630, presents a unique opportunity for those seeking a tranquil escape or a permanent residence. Situated in Lake County, Oregon, this land boasts a desirable R-r Rural Residential zoning, allowing for the construction of a single-family home. The property's expansive 6-acre lot offers ample space for building, gardening, and enjoying the stunning natural surroundings. At an elevation of 4,961 feet, breathtaking views are guaranteed. The property includes a high-yielding well, producing 24 gallons per minute (gpm), ensuring a reliable water source for your future home. Conveniently located just 150 miles from Bend, this location offers easy access to outdoor adventures, including hiking and skiing. The asking price is $85,000, and owner financing with a 50% down payment may be considered. This is an exceptional opportunity to own a piece of Oregon's beauty at an affordable price. Don't miss this chance to create your ideal home in this picturesque setting. The property is zoned for residential use and offers a unique blend of privacy and accessibility.

    Property Features for 395 Hwy

    General Information

    Property type
    Land
    Lot Size
    261,360 SF

    HighLights

    • High‑altitude location: 4,961 feet elevation.
    • Asking price: $161,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lakeview
    County
    Lake
    State
    Oregon
    Longitude
    -120.1815924
    Latitude
    42.5845431

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    FAQs

    What type of property is this?
    Land - Build your dream home in scenic Oregon.
    Where is this land located?
    The property is located at 395 Hwy Lakeview, OR.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: High-altitude location: 4,961 feet elevation.; Asking price: $161,000.;
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    395 Hwy Lakeview, OR 97630
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