A rare development opportunity on coveted Gearhart Golf Links frontage. Situated on a generous over half-acre lot with potential to divide into two buildable golf course parcels, or remove the existing home and create your own legacy estate. Redevelopment possibilities abound. This classic 1940s cedar-shingled cottage is a fixer, offering 4 bedrooms, 3 baths, a detached double garage, two fireplaces, beautiful vintage woodwork, charming period details, and a newer roof. Tucked back from the street for added privacy and just moments from the beach, this is a truly unique offering in an exceptional location. Home is distressed,has deferred maintenance, and is being sold AS IS, cash only. Buyer to verify development potential with the City.