Beautiful log estate situated on five lots in Shady Cove, OR. 3900 sq. ft. with 1250 sq. ft. of decking. 1.5 acres. Main house - 4+ bedrooms, 4 bathrooms en suite with bedside soaking tubs. Guest apartment - 1 bedroom, 1 bathroom en suite with bedside soaking tub. Property is currently utilized as a successful VRBO rental commanding $600 a night, 5 nights minimum, booked through September 2014.
Home on property is built on two lots. The adjacent three lots: One lot on the west side of home and two lots on the east side of home have a complete infrastructure, with underground provisions for electricity, natural gas, water, sewer, and telephone. Ready for additional building, if desired.
Opportunity abounds with the surrounding Southern Oregon burgeoning wine industry. This property is poised for greatness as a: winery; luxury B&B; event venue; wedding lodging/venue including private bridal suite; demonstration vine lots/kitchen connected to any larger winery(kitchen built by chef trained at Le Cordon Bleu, Paris) - and so much more.
Many VRBO clients utilize this property to: visit Crater Lake (60 miles away), ski Mt. Ashland (35 miles away), attend the world renowned Oregon Shakespeare Festival (25 miles away), attend a show at the Britt Fest or simply visit Jacksonville, OR (20 miles away), or get together for a golf retreat at Eagle Point Golf Club (10 miles away).
This is a ground floor opportunity. Property is offered at $1,595,000. Appraises over $1.6M.
Please refer to website logestate.com or contact Erin Buda @ 619-886-3151.