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Meadow by homesite
113
PUBLISHED RESERVE:
$495,000
LAST ASKING:
$595,000
SIZE:
195± Acres
ELEVATION:
400± to 600± Feet
ZONING:
F-1/F-2/E-40
PROPERTY
INSPECTION:
At
Any
Time
FINANCING:
Subject to Seller’s approval of
Purchaser’s credit: A 25% down payment with the
balance secured by a first deed of trust, amortized
over 25 years at 6% interest, calling for monthly
payments of principal and interest; all due and
payable at the end of 3 years.
DESCRIPTION:
This 195± acre timber tract
is located on the-north facing slope of Green
Mountain in the foothills of the Coastal Range, 15
miles west of Eugene, near the community of Noti.
There is over 1/4 mile of frontage along Long Tom
River, and an approved homesite with well and
septic overlooks a field that could accommodate
a barn for horses.
The property is well stocked with 23± year old
Douglas-fir reproduction, providing long-term tree farm investment with an estimated 500± MBF of primarily 50± year-
old Douglas-fir located in the eastern portion of the tract. There is proximity to both domestic and export log markets, with
several mills located near the property in both Noti and west Eugene. The property has a logging road that provides access
through the property and an easement from adjoining timberland along the northwest boundary. The BLM, Oregon Board of
Forestry and private ownership are along the southern boundary. The estimated Douglas-fir site index is II.
Red Oak Lane from Highway 126 provides access to an easement along a gravel drive that crosses Long Tom River and the
railroad tract operated by Coos Bay Rail Link. The 195± acre Red Oak Lane tract provides opportunity to own a tree farm
with both near-term cash flow and long-term asset growth, with river frontage, pasture and homesite, all within commuting
distance of Eugene.
LOCATION:
Township 17 South, Range 6 West, Sections 32 and 33, Tax Lot 1002. From Eugene, proceed west on Highway
126 and ½ mile east of Noti take a left on Red Oak Lane and proceed downhill to gravel road on right. Go over bridge and
railroad crossing. Proceed along roadway to the property and homesite across the meadow.
SEALED BIDS DUE NO LATER THAN 5:00 P.M., NOVEMBER 14, 2012
Red Oak Lane Timber Tract along Long Tom River, with Homesite, near Eugene
Lane County, Oregon
Homesite
Sawmill
Red Oak
Lane
Highway 126
To Eugene
Long Tom
River
Rail
N
Please Note: Sketch plan is conceptual only. Neither the Seller nor its agents have
submitted plan or made any applications to a public agency.