www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31109551
29594566

49164 McKenzie Hwy, Vida, OR 97488

JC
201216761
Windermere RE Lane County
Listed by Windermere RE Lane County
$1,995,000
140 days on market
Updated 14 days ago

Luxury McKenzie River Estate

Details
APN 1735030001700
Property Type Mixed Use, Business for Sale
Sub Type Business and Building, owner user
Square Footage 4,328
Net Rentable (SqFt) 4,328
Units 4
Tenancy Vacant
Lease Type Gross
Price per SqFt $553
Class A
Year Built Cabin 2003, Inn 2023
Year Renovated 2021, 2022, 2023
Buildings 2
Stories 2
Acreage 2.650
Zoning Commercial
Parking Spaces 42 spaces
Parking Per SqFt 9.70
Investment Type Owner/User
Ground Lease No
Ownership Owners

Business for Sale | 4,328 SqFt

Marketing description

OPEN HOUSE June 14 _ 10am-6pm ~ This is more than a Luxurious Home—it’s a place to slow down, gather, and truly experience the McKenzie River. Located at the end of the historic John West Bar—named after one of the area’s earliest river pioneers—this section of river is known by longtime anglers as one of the premier fishing locations along the McKenzie. Whether as a full-time residence, a second home, or with the option for guest use, it offers a lifestyle that’s becoming harder to find. “Live here and really live… This property adds to your life.” Turn-key MCKENZIE RIVER RETREAT, rebuilt in 2021, offers a rare opportunity to live ON THE McKENZIE RIVER in a private, scenic setting with the added benefit of optional income. Set along approximately 385’ OF RIVER FRONTAGE, this property is ideal as a FULL-TIME RESIDENCE, MULTI-GENERATIONAL RETREAT, or LUXURY GETAWAY, with the flexibility to host guests when desired.

Designed for comfortable living and elevated entertaining, the home features a light-filled Great Room, CHEF’S KITCHEN, wine cellar, and inviting gathering spaces. THREE RIVER-VIEW SUITES with patio access provide privacy for family and guests, while the spacious upper-level FLEX ROOM easily adapts to an office, studio, or additional living area.

The grounds offer a peaceful, resort-like setting with a JAPANESE GARDEN, Tea House, JACUZZI, and expansive lawn areas along the river’s edge—perfect for relaxing, entertaining, or simply enjoying the natural surroundings.

A separate LOG CABIN with full kitchen, 1 bedroom, and 1.5 baths is ideal for extended family, guest quarters, or supplemental rental income.

Zoning allows for added flexibility should a future owner wish to explore hosting guests or small gatherings (buyer to verify), while primarily enjoying the property as a private residence.

One of the unique advantages of this property is its exceptional sun exposure and microclimate along the McKenzie River. Unlike many riverfront properties farther upriver near Vida, there is no large butte directly across the river blocking daylight, allowing for noticeably more sunshine throughout the year. Owners describe the weather often changing as you round the corner near Silver Creek Boat Launch, where the river narrows and accelerates through a more confined channel, creating a distinct microclimate in this stretch of the valley.

History tells us there has never been flooding on this property, including the former three riverfront cabins originally built here in the 1920s, as the homesite was intentionally positioned on higher ground along this stretch of river. The main deep-water channel flows along the far side of the river, while the near side transitions into a shallow riffle with gravel bars and rocky structure that trout favor heavily for feeding. Drift boats typically navigate the deeper far channel, while fishermen often wade directly from the property’s dock area to access excellent casting positions. During summer months, the water near the dock is generally shallow enough for comfortable wading, with productive fishing opportunities from the gravel bar, riffle, and riverbank pockets.

The owners, both experienced river enthusiasts, describe this as an outstanding location for trout and Spey casting for steelhead. With an accepted offer, they are even willing to share some of their favorite fishing spots, techniques, and select fly patterns that have proven successful over the years.

Located in the HEART OF MCKENZIE RIVER RECREATION—with fishing, golf, trails, and river access nearby—this is a TRUE LEGACY PROPERTY offering an exceptional lifestyle with the advantage of long-term versatility.

Investment highlights

Pro forma projections are based on a blend of local McKenzie River corridor lodging data, nearby short-term rental performance, and comparable boutique inns. Assumptions include seasonal occupancy patterns, premium riverfront positioning, and diversified revenue streams including lodging, cabin rental, RV use, and limited events.

This gives you a realistic framework based on what similar properties are achieving—Designed to illustrate potential—experienced operators may achieve different results

Purchase Price: $1,995,000

Year 1 Revenue: $344,173

Year 1 NOI: $150,371

NOI Margin: 43.7%

Highlights:

• 385' McKenzie River frontage

• 3 luxury suites + flex space + log cabin

• RV hookups and event potential

• Strong DSCR and value-add upside

Disclaimer

All financial projections are estimates for illustrative purposes only and are not guaranteed. Figures are derived from market

data and comparable properties and may not reflect actual performance. Buyer is advised to independently verify all

information and conduct their own due diligence.

Listing Contacts

JC
201216761
Windermere RE Lane County
Listed by Windermere RE Lane County

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
RR2 ResidentialTwo FamilyRural Residential 2 Acre Minimum
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 28 uses
View all 28 uses
Last updated May 14, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591