Active

$510,000

4173 Highway 101 N, Gearhart, OR 97138

4beds

2,200sqft

$3,375/mo

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Residential, Single Family Residence

Built in 1953

1.6 Acres Lot

$-- Zestimate^®

$232/sqft

$-- HOA

What's special

Expansive lot

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.

143 days
420
16

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1

Rooms

Room types: Bedroom 4, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom

Primary bedroom

Features: Walkin Closet
Level: Upper
Area: 304
Dimensions: 16 x 19

Bedroom 2

Level: Upper
Area: 247
Dimensions: 13 x 19

Bedroom 3

Level: Main
Area: 156
Dimensions: 13 x 12

Bedroom 4

Level: Main
Area: 156
Dimensions: 13 x 12

Kitchen

Level: Main
Area: 210
Width: 15

Living room

Level: Main
Area: 368
Dimensions: 23 x 16

Heating

Baseboard

Appliances

Included: Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s)

Features

Walk-In Closet(s)
Windows: Double Pane Windows, Vinyl Frames
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total structure area: 2,200
Total interior livable area: 2,200 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway, Attached
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
On waterfront: Yes
Waterfront features: Creek

Lot

Size: 1.6 Acres
Features: Level, Acres 1 to 3

Details

Parcel number: 8054
Zoning: R1

Construction

Type & style

Home type: SingleFamily
Property subtype: Residential, Single Family Residence

Materials

Cedar
Foundation: Concrete Perimeter
Roof: Composition

Condition

Fixer
New construction: No
Year built: 1953

Utilities & green energy

Gas: Gas
Sewer: Septic Tank
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Gearhart

Financial & listing details

Price per square foot: $232/sqft
Tax assessed value: $458,663
Annual tax amount: $3,356
Date on market: 4/9/2026
Listing terms: Cash,Contract,Owner Will Carry
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/10/2026	Listed for sale	$510,000+88.9%$232/sqft
Source: RMLS (OR) #309914707 Report a problem
11/15/2017	Sold	$270,000$123/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,356 -1.6%	$307,283 +3%
2024	$3,412 +2.9%	$298,334 +3%
2023	$3,317 +3.1%	$289,646 +3%
2022	$3,217 -2%	$281,210 +3%
2021	$3,284 +6%	$273,020 +3%
2020	$3,098	$265,069 +3%
2019	$3,098 +4.8%	$257,349 +3%
2018	$2,957 +4.4%	$249,854 +3%
2017	$2,834 +1.1%	$242,578 +3%
2016	$2,804 +20.4%	$235,514 +3%
2015	$2,328 +4.3%	$228,656 +3%
2014	$2,232 +5.9%	$221,997 +4.3%
2013	$2,108	$212,944 -3.4%
2012	--	$220,351 +3%
2011	--	$213,934 +3%
2010	--	$207,704 +3%
2009	--	$201,655 +3%
2008	--	$195,783 +3%
2007	--	$190,081 +3%
2006	--	$184,546