470 Hwy 101 N, Yachats, OR 97498

Property Description

Discover an exceptional investment opportunity in the heart of charming Yachats! This beautifully crafted new-construction five-unit condominium building offers an exciting opportunity to purchase the entire property or individual residences. Thoughtfully designed with quality finishes, spacious floor plans, and spectacular coastal views, this property combines modern coastal living with outstanding flexibility. The building features two ground-floor residences, each offering one bedroom, two full bathrooms, soaring 14-foot ceilings, and bright, open living spaces. The three upper-level residences include two spacious two-bedroom, two-bathroom units with private garages and stunning ocean views, plus an impressive five-bedroom, three-bathroom residence with a two-car garage and expansive Pacific Ocean views. Throughout the building, you'll find beautifully appointed kitchens with white quartz countertops featuring elegant gold veining, stainless steel Samsung appliances, thoughtfully finished bathrooms, and Schluter waterproofing systems behind tiled showers. A full fire-sprinkler system provides an additional level of protection. The two ground-floor residences share eight dedicated parking spaces, while the upper residences enjoy garage parking. A condominium association is in process with the county and is expected to be formed imminently, providing a framework for individual ownership. The property is located in zoning that allows short-term rentals, offering exciting potential for investment or vacation use. However, the City of Yachats short-term rental permit requirements and waitlist still apply. Buyers should independently verify eligibility, current wait times, permit availability, and all requirements with the City. Short-term rental approval is not guaranteed. Enjoy the best of the Oregon Coast, just moments from Yachats' wonderful restaurants, charming shops, art galleries, and the spectacular 804 Trail along the rugged Pacific shoreline. Purchase the entire five-unit building or select an individual condominium! Whether you're seeking an investment opportunity, a coastal getaway, or a combination of personal enjoyment and rental potential, this remarkable new-construction property offers exceptional possibilities. These units are listed as individual units under residential 26-2583,26-2584,26-2585,26-2586,26-2588.