Otter Crest Loop Lot | Résidentiel | 14,25 ha | À vendre | 1 121 731 € | Otter Rock, OR 97369

This Otter Rock land assemblage presents a rare opportunity to acquire more than 35 acres of privately held coastal property in one of Oregon’s most supply-constrained development corridors. Located minutes from Devil’s Punchbowl State Natural Area, the site benefits from strong year-round tourism, established visitor amenities, and enduring residential demand driven by the area’s natural beauty and lifestyle appeal. The offering includes two contiguous parcels totaling 35.22 acres, both zoned R-1, allowing single-family residential development outright. Prior developer engagement has yielded concept plans illustrating the feasibility of approximately 110 residential lots, giving buyers a valuable head start when assessing density, feasibility, and entitlement pathways.
The property also supports alternative development strategies, including lower-density subdivision into 5-acre homesites that appeal to lifestyle-oriented and second-home buyers. With coastal development parcels of this size increasingly scarce, this offering represents a compelling investment supported by demographic stability, household growth, and a buyer pool that values proximity to the Pacific Coast. The surrounding trade area, with nearly 20,000 residents within a 10-mile radius, demonstrates solid long-term fundamentals and demand patterns favorable for phased or full-scale residential development.
At an asking price of $1,300,000, the Otter Rock assemblage offers significant long-term value through its scale, zoning conformity, conceptual groundwork, and exceptional location within one of Oregon’s most desirable coastal environments.