A unique opportunity in the Nehalem River Valley, this exceptional property offers an approved dwelling permit, making it an ideal location for your dream home or investment project. The land is timbered, providing not only a serene and natural environment but also a valuable resource with approximately 428 Mbf of merchantable timber. The property boasts views of the Nehalem River valley, offering a backdrop of farmlands and timbered hills. In addition to the approved building site, the property is equipped with a well and a barn. The well provides a reliable water source, essential for both residential and agricultural uses. The barn adds further versatility to the property, offering storage space for equipment, livestock, or potential conversion into a workshop. The property is recognized as an excellent site for growing trees, ensuring a sustainable and profitable timber operation. With approximately 428 Mbf of merchantable timber already on the land, the potential for continued growth and harvest is significant. This aspect not only provides immediate value but also promises long-term returns for the discerning investor. Strategically located, the property offers good access to nearby population centers and timber markets. This accessibility ensures that any timber harvested can be efficiently transported to market, maximizing profitability. Additionally, the proximity to population centers enhances the convenience for residents, with essential services and amenities within easy reach. Beyond its investment potential, the property offers a wealth of recreational opportunities. The scenic landscape, coupled with the proximity to the Nehalem River, provides ample opportunities for outdoor activities such as hiking, fishing, and wildlife observation as well as trail riding with bikes or ATVs. The tranquil setting makes it an ideal location for those seeking a peaceful escape from the hustle and bustle of urban life.