Discover the ultimate coastal retreat with this charming cottage located in prime Commercial/Recreational zoning. Situated just steps from picturesque Siletz Bay, where clamming, crabbing, and fishing adventures await, this property offers a unique opportunity for a Bed and Breakfast or a versatile Vacation Rental. The main level features a cozy living room, updated kitchen, and a beautifully renovated bathroom, ideal for comfortable living. A spacious primary bedroom and a large utility room complete the main floor. Upstairs, find two additional bedrooms, a sitting area, and a remodeled guest bathroom, perfect for hosting guests or creating a private retreat. Outside, the fenced backyard is a haven with a sun-soaked deck, patio, greenhouse, garden shed, raised garden beds, and a fish cleaning station, providing ample space for outdoor living and storage. A detached garage and plenty of RV/boat parking add to the convenience. Offering separate entrances and potential for dual living, this property allows flexibility to live on one level and rent out the other as a Vacation Rental, maximizing income potential. Enjoy the convenience of walking to Pelican Brewing for dining with bay views, sunsets, and gatherings with friends. Plus, nearby Depoe Bay offers excellent ocean fishing adventures just a short drive away. Whether you're seeking a profitable investment, a tranquil coastal escape, or both, this property combines charm, location, and versatility for the ultimate coastal lifestyle experience. Buyer to do due diligence with Planning Department to verify uses.