56483 MCKENZIE HWY #9McKenzieBridge, OR97413

$540,000
2 bedrooms
2 bathrooms
942 sq. ft
Elementary School: McKenzie River
Middle School: McKenzie
High School: McKenzie
93 days on market

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Price per ft²$573.25/ft²
Price per bedroom$270K/bed
Time on market93 days

Property Description

Custom cabin on the banks of the McKenzie River with successful short-term rental history. Staying at this cabin is an absolute delight - a unique, quiet spot with clear view and access to the river. Turn-key ready to enjoy or rent out - 100% furnished with premium furniture, linens, and kitchenware. Amazing community of owners to get to know, and the HOA keeps the property maintained. We use this cabin frequently and make it available for VRBO rental the rest of the time. A management company is in place to fully manage the rentals or manage it yourself for maximum returns. Gross revenue of $32,800 in the last year (and we were shut down for over a month with the fires). Potential for much more - other cabins have grossed $70,000/yr. Lots of updates to the entire property recently, and several updates to this cabin, including ductless heat pump-a/c. Built in 2008, this is one of 22 cabins that share the Historic Log Cabin Inn property. Interior features include custom kitchen, built-in woodwork throughout, master bedroom with king bed, en-suite bathroom and full river views. The second bedroom upstairs has a king bed and separate bath. Large screened in deck, extensive landscaping and 7 acres of community lawns and riverfront. Located within 15 minutes of all the McKenzie River Corridor recreational activities including hot springs, hiking, rafting, mountain biking, golfing and near to local restaurants. This cabin is on the lower meadow - close to the river, and most desirable area of the property. HOA Dues of $2,000/yr pays for water (onsite well with generator backup), sewer, and grounds maintenance

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Financial Data

Date Sold2024-03-21
Sold Price$526,500
Original Price$540,000
Current Price$540,000
Property Taxes$2,960
HOA Fee$2,000 / Annually

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Home Facts

StatusSold
Year Built2008
Stories2
Interior Features
Exterior Features
Garage
MLS ID24349311