2624 Neawanna St Seaside, OR 97138

This exceptional Seaside, Oregon investment opportunity presents a rare chance to acquire a 2.16-acre waterfront property situated on the Necanicum River and Neawanna Creek. The property includes a charming, single-story, 3-bedroom, 2-bathroom home currently operating as a successful Airbnb, providing immediate rental income. The expansive lot, divided into two parcels (APN 9862 and 9829), offers significant development potential. Zoned R2, allowing for medium-density residential development, the property presents numerous possibilities for expansion or redevelopment. Imagine building additional homes, a multi-family dwelling, or expanding the existing structure to capitalize on the stunning ocean views and tranquil river setting. The property's location offers breathtaking scenery and a highly desirable address. This is a unique opportunity for investors seeking a prime piece of land with existing income and substantial future development potential. Prospective buyers are encouraged to conduct thorough due diligence to fully explore the possibilities. The asking price is $3,200,000. The property was built in 1914 and features two parking spaces. Ownership is currently held by MARIA A MITCHELL (TRUSTEE)