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.
Size: 0.15 acres
County: Lake, OR
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.
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
Annual Property Taxes: $3.05
Conveyance: Special Warranty Deed
Cash Price: $1699
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
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.