329 Olalla Rd

Toledo, OR 97391
  • $870,000

    Price
  • 2

    Bed
  • 1

    Bath
  • 890

    SqFt

About the Listing CBPG10 - KATZHANN

Escape to this beautifully updated home on 15.75 acres of serene, park-like land, located just minutes from Newport, Oregon. Zoned RR-5, this rare property offers the potential to divide into 5-acre parcels making it both a smart investment and a peaceful retreat. Surrounded by towering, mature timber, the setting is quiet, private, and truly picturesque like living in your own forest park. The home has been thoughtfully updated with a brand-new deck, a remodeled kitchen and bathroom, all-new flooring, and new windows that fill the space with natural light and offer stunning views of the surrounding forest. Additional modern upgrades include a new hot water heater, a new dishwasher, and a new heat pump for year-round comfort.The home also features all-new rain gutters, a newly constructed well house, a gravity-fed spring, and an above-ground holding tank providing sustainable and reliable water access. The attached garage includes a dedicated workshop area, ideal for projects, hobbies, or additional storage. The gently sloped land offers multiple potential homesites, perfect for building or expansion. With RR-5 zoning, the acreage can be divided, offering valuable flexibility for future development. Best of all, Olalla Lakealso known as Olalla Reservoir is just moments away, offering excellent fishing and outdoor recreation right at your doorstep. This is a rare opportunity to own a move-in-ready home with acreage, privacy, and development potential in a highly desirable location close to the Oregon Coast and the amenities of Newport.

Listing Highlights for 329 Olalla Rd

Status Active
Days on Site 21
Property Type Residential
MLS ® 457115171
Year Built 1950
Total Square Footage 890
Lot/Acreage 15.75
County Lincoln
Elementary School Toledo
Middle School Toledo
High School Toledo

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Appliances: Dishwasher, Free-Standing Refrigerator
  • Air Cond: Heat Pump
  • Heating: Ductless,Heat Pump
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Vaulted Ceiling(s),Wall to Wall Carpet,Washer/Dryer,Master on Main
  • Water: Spring

Exterior Details

  • Garage Capacity: 1 car
  • Parking Spaces: 1
  • Zoning: RR-5
  • Roof: Metal
  • Others: Deck,RV Parking,Resale
  • Sewer: Septic Tank
  • Parking Features: Detached,RV Access/Parking

Financial Details

  • Tax Amount: $1,106
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R237611
  • Tax Year: N/A

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329 Olalla Rd Toledo, OR 97391

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Originating MLS: Regional Multiple Listing Service, Inc.

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