4701 Neotsu Dr Neotsu, OR 97364
This exceptional 2,917 sq ft property, built in 2005, sits on a 0.58-acre lot in Neotsu, Oregon (97364), offering breathtaking views of Devils Lake. The home boasts a sophisticated design with an open-concept living area, a chef's kitchen featuring a spacious island and a built-in pizza oven above a wood-burning fireplace. The property includes two buildings, a two-car garage, a separate shop, and an attached RV garage, providing ample storage space. An unfinished area above the garage presents a valuable opportunity to expand living space. The primary suite is a luxurious retreat, complete with a spa-inspired bathroom featuring a dual-head walk-in shower and a soaking tub. The home is situated in a desirable R-1-A Residential zone and includes fruit trees and a fully fenced yard. This unique offering is priced at $1,100,000, representing a price per square foot of $377.10. The property is zoned for residential use and offers a blend of modern luxury and coastal charm, perfect for those seeking a sophisticated coastal lifestyle. The property is an exclusive right to sell and is not subject to a ground lease. Additional features include captivating lake views and proximity to Oregon's stunning coastline and beach. The property is comprised of two buildings and two stories.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.