$5,000,000
Rare opportunity to acquire two Ocean View Parcels 201233220000 and 201232110010 totaling approximately 48.44± acres of elevated Pacific Ocean views and Development Opportunity on the Washington Coast. The property's natural setting, scale and elevation create significant inherent value, with additional potential for future residential, recreational, hospitality or investment uses with R3 Resort Residential Zoning. A substantial body of prior planning and due diligence has been completed, including subdivision planning, engineering, geotechnical, critical-areas, wetland, stormwater, utility, sewer and water-resource studies. Historical plans contemplated over 124 proposed residential homesites, providing a valuable foundation for future exploration. Recorded easements provide roadway, driveway and utility access, with provisions related to beach access. Ideally situated near Pacific Beach, Sandpiper Beach Resort and Seabrook. Existing PR-1 well infrastructure and historical water-resource permitting are available for buyer review. The existing plans are one development concept but the R-3 Resort Residential Zoning offers flexibility for varied residential, resort, recreational and other permitted uses. Buyer to verify all current zoning, plat status, development potential, utilities, water availability, easements and permitting requirements. OWNER FINANCING may be considered with 20% or more down, 6.5% interest, 5-year cash out.
2566426
MLS
⋅
ACTIVE
Status
0 XXXO State Route 109, Pacific Beach
Listing Broker: eXp Realty; Catherine Wright; 360-660-7011; catherineonthecoast@hotmail.com
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