Opportunity Knocks For The Savvy Investor Looking For A Project On The Oregon Coast! This Property Is Priced Below Market Value Due To A Known Issue Of Man-made Erosion In The Front Yard Caused By An Un-terminated Water Pipe Underground That Has Not Been Addressed By The City Of Gearhart. Located West Of Hwy 101 And Less Than One Mile To The Beach, The Home Sits On A Corner Lot With A Private Backyard. This Property Is Being Sold As-is, And Buyers And Their Agents Must Conduct All Due Diligence Directly With The City Of Gearhart And Any Other Relevant Agencies. Do Not Trespass, Appointment Needed. Please Stay Out Of The Fenced-off Area In The Front Yard Where Erosion Is Occurring.come Enjoy The Best Of Coastal Life In The Charming Village Of Gearhart By The Sea In This Affordable Option At The Beach. Sunsets Are Free.. Offer Deadline Of Tuesday, September 23 At 5 Pm With Seller Response Time Of No Sooner Than Wednesday, September 24 At 8pm.