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Off market
  • $1,444,800

    816 Merlin Sanitarium Rd, Merlin, OR 97532

    5beds
    6,000sqft
    SingleFamily
    Built in 1915
    75 Acres lot
    $1,444,800 Zestimate®
    $241/sqft
    $-- HOA

    What's special

    Sold You would be lucky to find 76.2 acres of land, with wells, power, pasture, driveways, etc for this price. Grand old fixer was built around 1915 for a Chicago merchant, and his family. Exterior has a touch of Swiss Chalet look, corbels, shingles, and hand stacked rock chimneys and foundation. Inside is a major fixer upper, you would want to strip down to the studs. Large room sizes. Fantastic multi family potential, farm, b+b, etc. Fix up a couple of the rentals and they should generate enough cash flow to cover much of your mortgage, and allow you to live quite affordably in a beautiful country setting, or ideal as multi family compound. Grand old craftsman is 3600 sf plus basement and attic. Many other old houses and buildings, with lots of potential. 20 bed 15 bath former nursing home is about 11,000 s.f. and could be repurposed. , mobile home rental space, 5 fixer homes or replace with new homes, small chapel, shabby shop, and disaterous duplex. Fantastic land, with room for horses, hiking, and mountain biking. Pasture, woods, paved driveway, seclusion, views. This property is "devil with a dirty diaper", but so much potential for an ambitious family looking to rescue a forgotten Gem. Priced WAY BELOW tax value of $868,800! I can carry at 675k, with 175k down, balance 9% longer term. This is a HUGE project, so be prepared for that. Scrap metal is being gathered and hauled off, so looks extra messy, right now. I've also hauled off huge amounts of trash, but still plenty of trash for you to get a good work out. Email me at galleryfarm1@yahoo.com Thanks!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 3/4 bathrooms: 1
    Heating
    • Forced air
    Features
    • Basement: Unfinished
    • Has fireplace: Yes
    • Fireplace features: wood stove
    Interior area
    • Total interior livable area: 6,000 sqft

    Property

    Parking
    • Parking features: Garage - Attached, Garage - Detached
    Features
    • Exterior features: Other, Shingle, Stucco, Wood, Cement / Concrete
    Lot
    • Size: 75 Acres
    Details
    • Parcel number: 3506280000040000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1915

    Community & neighborhood

    Location
    • Region: Merlin
    Services availability
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