$299,000

Exceptional development opportunity on the beautiful Oregon Coast in the heart of Depoe Bay. This 4.88 acre parcel is zoned R-2 Residential and offers prime Hwy 101 frontage, providing accessibility and visibility for future development. Land is enriched with potential merchantable timber, level & sloping topography with possible ocean views and utilities at the street. Buyers to perform due diligence with Lincoln County Planning regarding specific development possibilities. Adjacent Lot #500 is also available, creating the rare opportunity to acquire nearly 25 acres in this highly desirable coastal location. Depoe Bay is renowned for it's dramatic ocean vistas, world class whale watching and charming small town coastal lifestyle - making this an ideal setting for a standout residential project or investment. Priced below market value - Don't miss this unique chance to secure a large parcel in one of the Oregon Coast's most iconic communities.