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Otter Crest Loop 35.22 Acres of Residential Land Offered at $1,764,100 CAD in Otter Rock, OR 97369
Investment Highlights
- Rare large-acreage coastal land holding in a severely supply-constrained stretch of Oregon’s central coast
- Alternative lower-density division allows for scenic 5-acre rural homesites for diversified sell-off strategies
- Adjacent to established hospitality and recreational amenities within a mature visitor corridor
- Concept plans support approximately 110 single-family lots, providing a scalable development pathway
- Minutes from Devil’s Punchbowl, one of Oregon’s most visited coastal attractions with strong tourism demand
- R-1 zoning permits single-family dwellings outright, providing a clear entitlement foundation
Executive Summary
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.
Property Facts
| Price | $1,764,100 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 35.22 AC |
| Property Type | Land | ||
| Zoning | R-1,RC | ||
| Price | $1,764,100 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 35.22 AC |
| Zoning | R-1,RC |
1 Lot Available
Lot
| Price | $1,764,100 CAD | Lot Size | 35.22 AC |
| Price Per AC | $50,088.02 CAD |
| Price | $1,764,100 CAD |
| Price Per AC | $50,088.02 CAD |
| Lot Size | 35.22 AC |
Description
Set along Oregon’s iconic central coastline, this 35.22-acre property in Otter Rock blends natural beauty with promising development potential. Consisting of two parcels measuring 15.56 acres and 19.66 acres, the site is positioned near the Otter Crest Inn and just a short distance from the renowned Devil’s Punchbowl, a major coastal landmark and recreational destination. The surrounding environment includes dramatic landscapes, ocean-view corridors, and a well-established tourism base that strengthens the long-term appeal of residential development in the area. Both parcels are zoned R-1, allowing single-family residential uses without a discretionary approval process. Previous planning efforts have produced conceptual layouts supporting approximately 110 homes, highlighting the site’s suitability for a traditional residential subdivision. In addition, the land’s varied topography and layout support larger rural homesite divisions for developers seeking lower-density strategies. The broader trade area of nearly 20,000 residents features steady household formation, an aging demographic profile, and strong lifestyle-driven demand, all of which support future absorption. With its combination of scale, zoning, natural setting, and adjacency to tourism and recreation amenities, the Otter Rock property stands out as a unique development opportunity in a coastal market where large, developable tracts are increasingly limited.
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Otter Crest Loop
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