Carlon Loop Road , Longview, WA 98632 (Cowlitz County)

Size: 100 Acres

Type: Land

Carlon Loop Rd Residential Dev Tract

100 acre residential development tract being offered in July 10, 2024 Sealed Bid Auction.

RESERVE PRICE: $750,000 / $7,500 per acre

ELEVATION: 280 to 680 feet

ZONING: Unzoned - Designated Smallholding Land in Cowlitz County Comprehensive Plan

INSPECTION: Locked Gate - Contact Listing Office for Combination

The 100 acre Carlon Loop Road Tract, located a 10-minute drive from City of Longview, is one of the largest unzoned residential development tracts available for sale in the Longview/Kelso market. It has excellent access from Coal Creek Road south to Ocean Highway east to Longview and I-5 or west to the coast. The Smallholding designation with Cowlitz County Comprehensive Plan allows a new owner to create ten 10-acre lots by segregation and exempt from Cowlitz County Land Use approval . The only requirement is to survey each tract so it can be recorded.

The 100 acres was har...

The 100 acres was harvested over 20 years ago. It has a mix of hardwoods and some Douglas-fir. There is a good logging road, over 7,000 feet in length and partially rocked, from Carlon Loop Road that provides access from the northeast to the southern end, providing a number of good homesites some with views after clearing.

Development of the homesites will require extension of power and cable from Carlon Loop Road and improvements to the former logging road. On site septic and well will be required.

A new nine-lot development by Lower Columbia Properties, LLC is located adjacent to the auction property and is being marketed with two to three acre lots with prices starting at $189,000. The lot price includes power, cable, and water provided by City of Longview. This increased density of 16 of the 80 acre property was obtained in 2023 by reclassification in the Comprehensive Plan from Smallholding to Rural. A similar amendment for a portion or the entire Auction Property could significantly increase the allowable number of homesites.

The Carlon Loop/Coal Creek Road area is served by Longview School District, with Robert Gray Elementary School, Mt. Solo Middle School, and Mark Morris High School being the designated schools.

The Seller has established a Published Reserve Price for the auction of $750,000, or $7,500 per acre, with the added benefit of short-term Seller financing with a 40% down payment to accelerate a sale by the end of August. The sale is AS IS.

The combination of the 100 acre Carlon Loop Road propertys size, proximity to Longview, adjacent new homesite development, and option to increase density provides a rare acquisition opportunity at $7,500 per acre with Seller financing.

Sketch Plan

The sketch plan for Carlon Loop Road Estates outlines ten 10-acre homesites with access from the existing logging road, which would be improved to completely rocked or paved, with gated entry at Carlon Loop Road. Each of the ten homesites would have a shared easement with a road maintenance agreement.

Power and cable would be extended, and each home would have on site septic and well.

The configuration of the 10-acre homesites are conceptual only and a new owner will want to evaluate to maximize building location to take advantage of views. Clearing of trees around each homesite will be needed. Some of the homesites can accommodate a shop or studio near a home and 10 acres near the entry may be able to accommodate a barn for horses due to topography. The Smallholding designation would also allow individual owners of each 10-acre site to divide into two 5-acre homesites, providing the option to generate additional value (see Supplemental Information Package for details.)

Assessment

The property is currently classified as forestland, with 2024 taxes of $256. A withdrawal of a portion of the property for a homesite will be required, with a compensating tax due Cowlitz County (see Supplemental Information Package for details.)