About This Home

This 4-bedroom, 2-bathroom single family at 4173 HIGHWAY 101 N in Gearhart, OR is listed for $510,000 ($232 per sqft). Built in 1953, the home offers 2,200 sqft of living space on a 1.60 acres lot.

Key Features

  • Built in 1953
  • 1.60 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
2 full
2-car garage
1953

Amenities

Waterfront
Listing 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.

Monthly Cost Estimate

$2,728/mo

20% down · 6.5% · 30 years

Principal$369
Interest$2,210
Insurance$149

Estimates only. Actual payments may vary.

Location

4173 HIGHWAY 101 N

Gearhart, OR 97016

Property Details

Heating

Baseboard

Appliances

FreeStandingGasRangeFreeStandingRefrigeratorStainlessSteelAppliance

Questions & Answers

This 4-bedroom, 2-bathroom single family at 4173 HIGHWAY 101 N is listed at $510,000 ($232/sqft). The estimated monthly payment is $2,728 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1953, 1.60 acre lot, 2 stories, Waterfront.

This property is listed by Jeff Nielson.

JN

Jeff Nielson

Agent at Portland Elite Wealthbuilders

Listed by Portland Elite Wealthbuilders · Broker phone: (503) 744-0000 · View on Broker Site

MLS# 309914707· Source: Regional Multiple Listing Services· 202 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4173 HIGHWAY 101 N, Gearhart, OR 97016

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