Rarely will you come across the opportunity to own a stunning resort on the banks of the majestic McKenzie River. Welcome to the Wayfarer Resort, surrounded by world class recreation and endless beauty. Whitewater rafting, fly fishing, hiking, golf and watching the river peacefully float by are all a stones throw away. The resort offers numerous types of accommodations for every guest. They range from an 1,800sf 3 bed, 2 bath octagon shaped home, a 2 bed cabin, 1 bed river view apartment, 2 creek front studios, and 3 luxury waterfront RV spaces with full hookups. The 10.5 acre property borders the McKenzie River to the north, Marten Creek to the east, and a private pond on the West. Throughout the property, you’ll find lush lawns, gardens, sport courts, play areas, docks, beaches, swimming spots and several wedding/party sites. The property has undergone numerous updates over the last few years. A few of the cabin upgrades include- hvac, bathrooms, flooring, paint, and fixtures. Property upgrades include- new ADA bath/shower, laundry facility, PEX pipes, electrical lines and panels, septic systems, and irrigation. Beyond the existing cabins and RV sites, there are 7 sites with power, water, and septic that are graded and ready to build on plus 4 additional approved build sites. This spectacular property is ready for guests and for all you can dream up for it's future.
Unit mix includes one 3-bed unit, one 2-bed unit, one 1-bed unit, and two studio/efficiency units
Bathrooms
Multiple full and 1-bath units across the property (unit-level counts vary)
Kitchen
Ranges and refrigerators included in some units
Dishwasher in at least one unit
Laundry & utility
Washer and dryer included in some units
Heating & cooling
Forced air heating
Mini split heating and cooling
Wall heaters
Heat pump
Wood-burning stove in at least one unit
Exterior features
Creek, river frontage and pond on the property
Private road access
Gentle sloping and level terrain
Trees and pond/stream features
Gravel road surface
Home design
Multi-family property
Updated/remodeled condition
Property offers views of creek/stream, pond and river
Parking
Garage parking and off-street parking
Five garage spaces
Security
Electronic locks on all gates and doors with independent codes
Entry security features, security gate and security lights
Construction
Built in 1984
Board & batten and wood siding exterior
Membrane and metal roofing
Concrete perimeter foundation
Utilities
Water from well and other sources; creek water source listed
Septic tank sewer
Electricity and wood burning fuel options
Cable internet available
HOA & community
Community amenities include commons, recreation facilities and tennis courts
Zoned RC
Financial info
Five total rental units
Unit rents reported individually (example: $4,600; $3,000; $2,800; $2,000; $2,000)
Cap rate and GRM reported for the investment: 5.0% cap rate, 10.0 gross rent multiplier
Rent may include utilities in some leases (cable TV, electricity, heat, sewer, trash collection, water)
Other
Water rights: 5.00 acres irrigated, current and delivered via pump and pipe; one drilled well on the property; pump is 3/4 hp and owned by the property owner; water rights used for irrigation
Electricity and solar
View estimated energy costs and solar savings for this home
Install electrical power for septic circuits and convenience plug circuits.
Electrical
Jan 29, 2024 • Final
Residential electrical
Add a new branch circuit for a pump and electrical fixtures.
Electrical
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
Flood Factor
We're working on getting current and accurate flood risk information for this home.
Fire Factor
We're working on getting current and accurate fire risk information for this home.
4/10 Heat Factor
9 hot days expected this year, 20 days in 30 years
Wind Factor
We're working on getting current and accurate wind risk information for this home.
10/10 Air Factor
21 unhealthy days expected this year, 24 days in 30 years
Provided by First Street
Historical weather
Vida, OR • 97488
Average low and high temperatures (°F)
51
35
51
36
58
40
64
41
69
46
77
51
85
57
84
58
78
54
64
45
53
42
51
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
80/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 46725 Goodpasture Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More