$510,000
 $2,738 est/mo Sourced by Back At You

4173 Highway 101 N,Gearhart, OR 97016

Gearhart, OR 97016

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Description

Development Opportunity on R1 Zoned Lot in Gearhart.This property presents a prime investment opportunity for builders and developers in a highly sought after Gearhart location. The offering includes an existing four bedroom, two bathroom home situated on an expansive lot zoned R1.The primary value of this property lies in its development potential. According to current zoning regulations, this lot may be eligible for the construction of up to six detached units. The property's location offers convenient access to Highway 101 and is just a short distance from the beach and local amenities, making it an attractive site for new construction. This is a rare opportunity to acquire a versatile property with significant upside. Buyers are advised to perform their own due diligence with the city of Gearhart regarding all zoning and development possibilities. Property will be sold as-is, seller to do no repairs.Contact us for more information.

Details

MLS #309914707
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1953
Days On Site200
Listing Provided ByKeller Williams Realty Portland Elite | Jeff Nielson

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet2,200
Garage2
Story(s)2
ZoningR1
Acreage1.60
Water FrontYes

Interior

HeatingBaseboard
Heating YnYes
Cooling YnNo
Window FeaturesDouble Pane Windows, Vinyl Frames
AppliancesFree Standing Gas Range, Free Standing Refrigerator, Stainless Steel Appliance

Exterior

RoofComposition
Foundation DetailsConcrete Perimeter
Lot FeaturesLevel

Parking

Attached Garage YnYes
Parking FeaturesDriveway

Taxes

Property3356

Area Information

StateOR
CountyClatsop
CityGearhart
Zip Code97016
School DistrictSeaside
Elementary SchoolPacific Ridge
High SchoolSeaside
Listing VS Median (in 97016)
Price:
$510,000
low | high
Med:
$449,000
61.960784313725% of Average
sqft:
2,200
low | high
Med:
1,848
66% of Average
$ / sqft:
$232
low | high
Med:
$243
45.191409897292% of Average
On site:
200
low | high
Med:
26
100% of Average
Sourced by Back At You

Market Activity 97016

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Learn More About This Property

StateOR
CountyClatsop
CityGearhart
Zip Code97016
School DistrictSeaside
Elementary SchoolPacific Ridge
High SchoolSeaside
Listing VS Median (in 97016)
Price:
$510,000
low | high
Med:
$449,000
61.960784313725% of Average
sqft:
2,200
low | high
Med:
1,848
66% of Average
$ / sqft:
$232
low | high
Med:
$243
45.191409897292% of Average
On site:
200
low | high
Med:
26
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $382K - $637K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
1327 SEA RIDGE LN Property Photo 1
$549,000
1327 Sea Ridge Ln
Gearhart, OR 97138
Listing Updated: October 25, 2026 at 12:08:24 AM PDT