Remodel-ready opportunity on approximately 4 acres! This 1-level property offers 1,920 sq. ft. with 3 bedrooms and 2 baths, providing an excellent canvas for your vision. The home has already been demoed and is ready for renovation. Previously configured as a 4-bedroom, 2-bath home, offering potential to rework the existing layout to suit your needs. Recent septic work has been completed and is in great shape, and gas is already connected to the house. The expansive lot offers plenty of room for future possibilities, including a perfect spot for a massive shop just to the left of the existing garage driveway. Whether you choose to remodel and make this property your own or explore a tear-down and new construction, the possibilities are substantial. Seller estimates an after-remodel value of approximately $600,000. Property may also be eligible to enter a lottery for a short-term rental opportunity, with potential terms ranging from 3 months to 3 years, subject to lottery selection and applicable requirements. Bring your vision and unlock the potential of this unique 4-acre property!
Listed By
Agency Name: Matin Real Estate
Agency Phone: 503-447-3599
Shown By
Agent Name: Jaynee Beck, Principal Broker
Agent Phone: (541) 480-0988
Agency Title: Bend Premier Real Estate
Estimated Payment
$ 2,166.04 per month $1,769.79 Principal & Interest $294.17 Property Tax $102.08 Homeowner's InsuranceSend an email with a link to
5315 NE Park Ln, Otis, OR 97368.
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5315 NE Park Ln, Otis, OR 97368.
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5315 NE Park Ln | MLS# 562760201
This single family home located at 5315 NE Park Ln, Otis, OR 97368 is currently listed for sale with an asking price of $350,000. This property was built in 1958 and has 4 bedrooms and 2 full baths with 1920 sq. ft. Search Otis real estate on jayneebeck.bendpremierrealestate.com today.