tomo logo

$1,100,000

Beds
3
Baths
3.5
sq ft
2,285

3545 Ridge Rd, Otis, OR 97368

3545 Ridge Rd

Otis, OR 97368

  • 44 days on market
Welcome to Cascade Head RanchExperience unparalleled tranquility in this stunning custom-built home, nestled within one of the world's most esteemed biosphere reserves. Cascade Head Ranch offers a unique opportunity to own a piece of paradise in this protected natural haven.This exquisite residence features expansive cathedral windows that frame breathtaking views of the surrounding forest and the Pacific Ocean. Designed with both comfort and luxury in mind, the home seamlessly blends with its serene environment, providing a perfect retreat from the everyday hustle.Community Features:Riverhouse Access: Enjoy use of the Riverhouse, which includes an outdoor pool situated on the picturesque Salmon River. The property is nestled on the south side of Cascade Head, with the charming community of Neskowin just over the headland.Cascade Head is a designated nature conservancy site, encompassing 102,110 acres and recognized as part of the world network of biosphere reserves.Additional Features:Short-Term Rental Potential: This home is eligible for short-term rental, offering an exceptional opportunity for generating rental income while allowing others to experience the magic of this sacred land. Rental projections are available upon request.This is more than just a home; it's an invitation to immerse yourself in nature's splendor and contribute to its preservation. Don’t miss this rare opportunity to live in harmony with one of the planet's most extraordinary ecosystems and share its beauty with others.

Details

Property type

Single Family Residence

Est. home value

$1,067,107

Lot size

9,583 sq ft

Price per sq ft

$482

Year built

2019

Annual property taxes

$5,835.32

Monthly HOA fee

$122.5

Price History

08/03/2024
PortlandOR

PortlandOR #24367668

Listed
$1,100,000
+10.55%
03/23/2024
PortlandOR

PortlandOR #23370780

Removed
$995,000
02/02/2024
PortlandOR

PortlandOR #23370780

Price change
$995,000
-5.15%

Schools & Community

Elementary school: 

Nestucca Valley

Middle school: 

Nestucca Valley

High school: 

Nestucca

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Fibre Fcu

Loan start date

September 2022

Original loan amount

$145,000

Est. remaining balance

Not provided

Interest rate

4.31%

Loan type

Credit Line (Revolving), 30 year

Seller

Kevin Victor Howard and Lara N Fischer

Lender

Loandepot.Com Llc

Loan start date

March 2021

Original loan amount

$517,500

Est. remaining balance

$476,940

Interest rate

2.79%

Loan type

New Conventional, 30 year

Seller

Kevin Victor Howard and Lara N Fischer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/16/2024 at 1:00 PM

Listing updated: 09/04/2024 at 11:43 AM

Listed by: Michelle Carlon, Berkshire Hathaway HomeServices NW Real Estate Phone #: (503) 292-9393

MLS: PortlandOR #24367668

PortlandOR logo

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