Investment Property in Lakeview

Discounted Cash Price | Seller Financing Available

This parcel of land would make a great, affordable land investment at the foot of the Warner Mountains. With mountain views in every direction, the lot is situated on the edge of the Oregon Outback near the ranching community of Lakeview, OR.

Property taxes are just $3 a year! This would be a wonderful HANDS-OFF investment for the future: inexpensive to own and little work required with no structures to maintain, utilities to pay, or mortgage companies to manage! This would provide you an easy, profitable long-term asset that won’t depreciate or deteriorate. Plus, the flat lot is zoned for agricultural use so could be leased to a local farmer for additional income.

Lakeview, Oregon, has convenient access to the county’s 2.5 million acres of public land. The area draws an increasing number of tourists for off-roading, skiing, biking, fishing, hunting, or just life off the grid in the South Oregon high desert. As one of the economic hubs for Lake County, the primary industries in Lakeview are agriculture, lumber, livestock, government, and tourism.

Property Details

Size: 0.15 acres

County: Lake, OR

APN: 39S20E21DC00500

Zoning: A-1 Exclusive Farm Use

Rural Residential Building: Not buildable, but would be good for camping or for an investment if the town of Lakeview grows. This property is in the middle of a field and although there is platted roads to the property those roads are not currently developed.

Terrain: Flat

Power: In the area

Water: A well, holding tank, or catch basin may be possible

Access: There is a proposed road on the Eastern and Western portion of the lot but it is not yet built.

Time to build: No limit

HOA/POA:  None

Annual Property Taxes:  $3.05

Conveyance: Special Warranty Deed

Price

Cash Price: $1699

Owner financing:

Down Payment $599

Monthly $99 for 24 months

Monthly processing fee $20

Total financed price $2975

Documentation Fee (for both cash and financed purchase) $299

PLEASE NOTE:

The buyer is responsible for verifying all property details and conducting all due diligence.

Some pictures are from the general area and not of the actual property.

Click here to download a sample contract.