$3,250,000

ONCE IN A LIFETIME may an opportunity arise to purchase a legacy property such as this -- a beautiful property in a prime location with so many amenities and so much potential. It has been in the same family for over 150 years and is one of the last large parcels along the north Oregon Coast. Located just 2.5 miles north of Gearhart and 10 miles south of Astoria, it has easy access to shopping, dining and all the amenities the charming coastal communities have to offer. The 4 bedroom /3 bath home nestled next to Neacoxie Creek enjoys a peaceful, private setting from which to enjoy elk, deer, eagles, herons and migrating birds that abound. With the RA-5 Zoning, this 30+ acre property is suitable for many kinds of ranching, farming, agricultural endeavors, horse boarding or an equine vacation rental. Currently the property is a horse boarding facility, with 8 pastures, 4 horse barns and a 3-bay (32' X 60') shop, with plenty of room to expand. MOST importantly for the horse lover, this property has the VERY unique amenity of a deeded equestrian easement to the beach, giving you convenient, safe & easy riding access directly to Oregon's beautiful beach! If having a Family Compound is your dream, this property can be divided -- providing 4 or 5 additional 5-acre home sites. If developing a subdivision sparks your interest, this property is located in a unique area that allows density transfers, giving it potential to develop a cluster of 1-acre homesites. Bring your imagination and this property provides not only peaceful privacy & beauty, but a multitude of opportunities!