Otter Crest Loop - Residential LAND FOR SALE


Otter Rock, OR 97369 1,534,183 SF
$1,300,000 USD
503-200-2025
Otter Crest Loop, Otter Rock, OR for Sale
$1,300,000 USD
Residential LAND - FOR SALE
1/4
1,534,183 SF

Otter Crest Loop
Otter Rock, OR 97369


HIGHLIGHTS

  • Rare large-acreage coastal land holding in a severely supply-constrained stretch of Oregon’s central coast
  • Concept plans support approximately 110 single-family lots, providing a scalable development pathway
  • Alternative lower-density division allows for scenic 5-acre rural homesites for diversified sell-off strategies
  • Minutes from Devil’s Punchbowl, one of Oregon’s most visited coastal attractions with strong tourism demand
  • Adjacent to established hospitality and recreational amenities within a mature visitor corridor
  • R-1 zoning permits single-family dwellings outright, providing a clear entitlement foundation

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/ACRE

$36,911/AC

PRICE/SF

$0.85 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Hold for Development, Single Family Development

LAND ACRES

35.22 AC

LAND SF

1,534,183 SF

OFFSITE IMPROVEMENTS

-

ZONING

R-1,RC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

William StoneMarcus & MillichapMore Info
503-200-2025

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

William StoneMarcus & MillichapMore Info
503-200-2025

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.