tomo logo

$1,249,000

Beds
4
Baths
2.0
sq ft
2,250

87641 E Beach Loop Ln, Bandon, OR 97411

87641 E Beach Loop Ln

Bandon, OR 97411

  • 456 days on market
    • Price drop $25,000↓
Come see Beach Loop Cranberry Farm: The Farm is located just 3 short miles south of the beautiful and charming city of Bandon in Coos County Oregon. With easy access to Hwy 101 less than ¼ of a mile away, Beach Loop Farm is +/-146 deeded acres. With +/-39 acres of cranberries found in 21 bogs and an additional 80 acres of middle-aged timber and bare ground. The Farm has 3 homes and there may be an opportunity to divide this property into several beautiful hobby farms. Beach Loop Cranberry Farm has +/- 39 acres of Water Rights from Crooked Creek and China Creek, plus an additional 62 acres of year-round cranberry water rights on extension, pending development on the 80 acres. The beaches at Bandon are some of the top beaches on the Oregon Coast with big beautiful rock formations. These include the Coquille Point portion of the Oregon Islands National Wildlife Refuge, home to many types of seabirds. The lands around Bandon are well known for wildlife. Here you will find Blacktail Deer, Roosevelt Elk, North American Wild Turkeys and even Black Bear. Cranberry farming on the Oregon Coast is very unique. The warm air currents that come off of the Pacific Ocean give this part of Oregon a very mild climate. The long growing season allows cranberry farmers to harvest into late November and even December, thereby allowing the berries to reach full maturity. All this beautiful land has so many opportunities. Ideas could reach to several small cranberry farms with homes, perhaps the addition of blueberries or follow your own ideas for all this land and water. Shown by appointment only. Please call the listing broker.

Details

Property type

Single Family Residence

Est. home value

$1,370,992

Lot size

146.0 acres

Price per sq ft

$556

Year built

Unknown

Annual property taxes

$1,783

Price History

05/24/2024
PortlandOR

PortlandOR #23119750

Price change
$1,249,000
-1.96%
04/30/2024
PortlandOR

PortlandOR #23119750

Price change
$1,274,000
-8.21%
08/24/2023
PortlandOR

PortlandOR #23119750

Listed
$1,388,000

Schools & Community

Elementary school: 

Ocean Crest

Middle school: 

Harbor Lights

High school: 

Bandon

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

Banner Bank

Loan start date

March 2021

Original loan amount

$1,500,000

Est. remaining balance

Not provided

Interest rate

2.19%

Loan type

Commercial, 10 year

Seller

Ronald D Puhl and Mary Anne Puhl

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: 11/22/2024 at 11:25 AM

Listing updated: 09/04/2024 at 11:39 AM

Listed by: Timothy O'Neil, Land and Wildlife LLC Phone #: (866) 559-3478

MLS: PortlandOR #23119750

PortlandOR logo

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