Two tax lots, R2 zoning and an existing income-producing duplex in a prime Cannon Beach location. Situated in the highly desirable Presidential Streets, this property offers a compelling opportunity for investors, builders or buyers looking to explore future redevelopment. Continue to operate the existing duplex while considering a new residential project or other possibilities allowed under R2 zoning, including potential ADU options. Just blocks from the beach and downtown, this is a true walk-everywhere location with easy access to restaurants, shops, galleries and everything that makes Cannon Beach one of Oregon's most sought-after coastal destinations. The property is priced with its current condition in mind and is being offered AS-IS. Both units are currently tenant occupied. Please do not disturb tenants or enter the property without an appointment. A minimum of 48 hours' notice is required for showings. Buyer to perform due diligence with the City of Cannon Beach regarding zoning, lot configuration, ADU eligibility, redevelopment potential and permitted uses.
Experience the magic of Cannon Beach from this perfectly situated coastal retreat, featuring a 3-bedroom, 2-bath main home and a fully furnished 2-bedroom, 1-bath guest house that offers exceptional flexibility for hosting family and friends, multi-generational living, or rental opportunities. Recent improvements include a new roof, refrigerator, range, and water heater in the main home. The newer guest house features stainless steel appliances and cozy gas fireplaces. Together, the two homes provide comfortable, move-in-ready coastal living with thoughtful upgrades throughout.Step outside and enjoy a mature garden that creates a peaceful sanctuary, where colorful blooms attract hummingbirds throughout the season. Spend your evenings around the fire pit, listening to the waves rolling onto shore as vibrant sunsets paint the sky. Just moments from the ocean, this unique property creates an ideal setting for making lasting memories while enjoying the comfort and charm of Oregon Coast living.Leave the car parked and embrace the walkable lifestyle that makes Cannon Beach so special. From your doorstep, take a leisurely stroll to Cannon Beach and the iconic Haystack Rock, where you can explore tide pools, search for treasures in the sand, or wade into the Pacific Ocean. Downtown restaurants, galleries, and boutiques are just a short walk away, allowing you to easily enjoy this vibrant coastal community. Enjoy easy access to Cannon Beach's nationally recognized Sandcastle Contest in June, when remarkable works of art transform the shore. On the 4th of July, take your place along Hemlock to enjoy the local parade, one of the town's annual traditions.Whether you're looking for a full-time residence, a coastal getaway, or a gathering place for family & friends, this property offers the rare combination of beach-town convenience and natural beauty that defines the Cannon Beach lifestyle. It's a place where the ocean, the village, and unforgettable moments come together!

Cannon Beach is located in Oregon. Cannon Beach, Oregon has a population of 1,311. Cannon Beach is more family-centric than the surrounding county with 26.1% of the households containing married families with children. The county average for households married with children is 25.99%.
The median household income in Cannon Beach, Oregon is $61,042. The median household income for the surrounding county is $61,846 compared to the national median of $69,021. The median age of people living in Cannon Beach is 54 years.
The average high temperature in July is 66.9 degrees, with an average low temperature in January of 37.9 degrees. The average rainfall is approximately 92.3 inches per year, with 1.1 inches of snow per year.