501 Carpenter Bypass Rd, Lorane, OR 97451 | MLS #24614292

Listing provided courtesy of Walker Family Development IncMLS# 24614292

Over 9 Acres of Potential Dream Home property on Siuslaw River. Property was approved for Septic System and building permit & Homesite of 50x60 but expired several years ago. County requires $3,800 application fee to reapply the property but most likely will take a land planner/Attorney to help it get re-approved since the property is zoned F1. Buyer to do their due diligence. Property is qualified for Rec loan with 20% down. This Rec loan will also allow the Buyer to come in with only 10% down and the Seller providing the other 10% as a note in 2nd lien position. Seller financing is available with large down.

Source: Regional MLS, MLS#: 24614292

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Property Type

Land
Lot

9.08 acres

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Median Age

63
Population Density

11
College Educated

21%
Estimated Median Income

$118,958
Estimated Total Home Owners

167
Estimated Total Renters
Owner / Renter Divide

100% / 0%
Estimated Average Household Size

3
Total Population

464
Community data courtesy of LiveBy, Inc.

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 501 Carpenter Bypass Rd

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value	Agent
4/3/2026Source: Regional MLS	Price Reduction	$189,000 -17.8%
3/14/2024Source: Regional MLS	Added to Database	March 14, 2024