Attention Builders and Developers! In town infill development opportunity in Depoe Bay. Zoned R-5 Residential and sitting between existing multifamily housing and single-family homes, this cleared parcel offers outstanding potential. Trees have already been removed and property corners staked. The water meter is already on the lot, with remaining utilities available at the street. The gentle downslope topography is ideal for daylight basement construction while maximizing site usability. Whether your vision is a coastal home, duplex, cottage development, townhomes, or a higher density residential project, this property offers an opportunity in one of the Oregon Coast's most desirable communities. Located just blocks from downtown Depoe Bay, residents can enjoy easy access to the world's smallest navigable harbor, whale watching, fishing charters, restaurants, shopping, parks, and beach access. Depoe Bay City Park, Depoe Bay State Scenic Viewpoint, and the vibrant waterfront district are all within walking distance. Bring your plans and capitalize on this exceptional opportunity in the heart of Depoe Bay.