$399,000

Prime Depoe Bay Development Opportunity — Build 3 Vacation Rental Townhomes A rare opportunity to develop three outright-use vacation rental townhomes in a truly exceptional Depoe Bay location, directly overlooking the iconic Depoe Bay Harbor. These units can be personal residences, long or short term rentals, or great 2nd homes. This unique development opportunity offers tremendous appeal for builders and investors seeking a premier coastal vacation rental project. The planned townhomes will require only a City business license for short-term rental use, offering an attractive path to capitalize on the strong demand for Oregon Coast vacation accommodations. All utilities are in the adjacent paved street. Located less than one block from the city park and harbor, residents and guests will enjoy effortless access to fishing, whale watching, scenic coastal views, and the distinctive charm that makes Depoe Bay such a sought-after destination. The property is also conveniently close to downtown, with its variety of shops, excellent restaurants, galleries, and coastal activities. With its unbeatable harbor-front setting, convenient location, and potential for three short-term rental residences, this is an outstanding opportunity to create a highly desirable coastal investment in one of Oregon's most unique waterfront communities. These must be townhome units which are subject to the HOA's and CC&R's of the planned unit development they are a part of.