Multi-Family
Otter Rock
N Coast Hwy, Otter Rock, OR 97369
Listing Price: $1,300,000
Investment Overview
Situated along Oregon's coveted central coast, this 35.22± acre unincorporated Lincoln County holding in Otter Rock represents one of the few remaining opportunities to acquire meaningful coastal acreage in the area. Comprising two R-1 zoned parcels totaling 15.56 and 19.66 acres, the property sits five minutes from Devil's Punchbowl State Natural Area, adjacent to the Otter Crest Inn, and within a well-established tourism corridor defined by coastal views, year-round visitor traffic, and a severe shortage of developable land.
The residential development thesis is well-supported. Prior developer engagement has produced concept plans indicating the potential for a single-family subdivision of approximately 110 lots, positioning this site as a rare large-scale homebuilder opportunity on the Oregon Coast. A lower-density alternative of approximately 5-acre rural homesites offers a parallel path for investors seeking a more straightforward land division strategy. R-1 zoning permits single-family dwellings outright, and the prior planning work provides a buyer with meaningful groundwork toward entitlement.
Investment Highlights
- 35 Contiguous Acres on Oregon's Central Coast - A Vanishing Opportunity. Coast acreage of this scale rarely comes to market; most available in this corridor are fractional lots.
- Minutes from Devil's Punchbowl State Natural Area, one of Oregon's most visited coastal landmarks and a built-in lifestyle draw for end buyers.
- Concept plans support up to 110 single family lots or a 5-acre homesite division
Exclusively Listed By
Listing Price: $1,300,000
Investment Highlights
- 35 Contiguous Acres on Oregon's Central Coast - A Vanishing Opportunity. Coast acreage of this scale rarely comes to market; most available in this corridor are fractional lots.
- Minutes from Devil's Punchbowl State Natural Area, one of Oregon's most visited coastal landmarks and a built-in lifestyle draw for end buyers.
- Concept plans support up to 110 single family lots or a 5-acre homesite division
Investment Overview
Situated along Oregon's coveted central coast, this 35.22± acre unincorporated Lincoln County holding in Otter Rock represents one of the few remaining opportunities to acquire meaningful coastal acreage in the area. Comprising two R-1 zoned parcels totaling 15.56 and 19.66 acres, the property sits five minutes from Devil's Punchbowl State Natural Area, adjacent to the Otter Crest Inn, and within a well-established tourism corridor defined by coastal views, year-round visitor traffic, and a severe shortage of developable land. The residential development thesis is well-supported. Prior developer engagement has produced concept plans indicating the potential for a single-family subdivision of approximately 110 lots, positioning this site as a rare large-scale homebuilder opportunity on the Oregon Coast. A lower-density alternative of approximately 5-acre rural homesites offers a parallel path for investors seeking a more straightforward land division strategy. R-1 zoning permits single-family dwellings outright, and the prior planning work provides a buyer with meaningful groundwork toward entitlement.
Exclusively Listed By