UPDATE: This is an exciting listing. As of today, the property at 90931 Pigeon Point Loop in Coos Bay, Oregon has been saved 125 times on Zillow, yet it has only had 2,535 views, which means almost 5% of everyone who discovers this listing are keeping it in mind. Also, the listing was re-listed in October of 2023, for $1,275,000, despite its 2022 tax assessment value of a whopping $1,727,270. That’s a significant difference!
FOR IMMEDIATE RELEASE
Paddle in Paradise: Your Gateway to Southern Oregon’s Waterways
Nestled in the heart of Coos Bay, the enchanting property at 90931 Pigeon Point Loop beckons water enthusiasts, recreation investors, and Airbnb entrepreneurs with its unparalleled charm and undeniable potential. With a mesmerizing price of $1,495,000, this stunning 4-bedroom, 6-bathroom residence spanning 4,712 sqft invites you to embrace the ultimate waterfront lifestyle and immerse yourself in the captivating world of kayaking.
Your Private Gateway to Coastal Adventure
Situated in the heart of Coos Bay, this bayfront home is a haven for kayakers seeking a serene escape. With a private kayak launch area on the property, you have direct access to the picturesque waters of Coos Bay. Escape the hustle and bustle of public launches and savor the tranquility of your personal gateway to coastal adventure.
Explore Oregon’s Southern Coastline
The property’s prime location offers easy reach to the newly added kayak launch at John Topits Park, along with three ADA kayak launches in Lakeside, Coos Bay, and Gold Beach, plus two standard launches in Reedsport and Bandon. The sprawling Coos Bay Estuary, stretching nearly 20 square miles, awaits to captivate kayakers and canoeists with its year-round paddling opportunities. Discover the breathtaking beauty of Kayaking the numerous rivers, ample estuaries, and captivating sloughs of Southern Oregon Coast, and indulge in endless aquatic adventures just steps from your back yard.
Invest with Confidence: Thriving Ocean Economy and Sustainable Tourism
Beyond the water’s edge, savvy investors will find an opportunity rooted in the thriving ocean economy of Oregon. With recreation and tourism contributing an astounding $1.1 billion to the state’s gross domestic product annually, the stage is set for an unforgettable investment. The property’s prime location is only a few miles away from the South Slough National Estuarine Research Reserve, which offers unmatched public access to paddle sport activities while preserving the pristine estuaries. The reserve’s investments of $167,000 and extensive staff hours have resulted in a popular water trail system, cutting-edge paddle sports equipment, and a state-of-the-art launch and storage facility.
In 2021, the kayaking community in the U.S. saw remarkable growth, with approximately 11.4 million active kayakers, as reported by Statista. Of these participants, 71% favored flatwater kayaking, solidifying its popularity among enthusiasts. Moreover, kayaking emerged as the preferred activity for 17% of first-time participants in outdoor pursuits, making it a prominent choice for newcomers seeking thrilling experiences.
The flourishing interest in kayaking has sparked a thriving market, with the U.S. kayak industry generating around $646 million in sales revenue in 2021, according to Market Research Future. Flatwater kayaks alone accounted for over 62% of the total sales, underscoring the widespread appeal of this serene and accessible form of paddling.
A recent survey conducted by the American Canoe Association reveals fascinating insights into the spending habits of American kayakers. On average, a kayaker in the United States allocates approximately $1,000 annually on essential equipment, accessories, and travel related to their beloved sport. This remarkable statistic aligns with our own experiences, reaffirming the deep passion and commitment shared by the kayaking community.
Embrace the Bayfront Lifestyle: Your Adventure Awaits
90931 Pigeon Point Loop promises a captivating bayfront lifestyle with unobstructed views of the bay, dunes, and ocean. A haven for recreational kayak professionals and Airbnb entrepreneurs, this unique property offers endless water-based activities, picturesque surroundings, and a flourishing ecotourism market at your doorstep.
Indulge in Luxury and Comfort: Your Adventure Awaits
90931 Pigeon Point Loop showcases the perfect blend of luxury, convenience, and waterfront serenity. The home features exquisite custom oak trim, closets, and soapstone countertops, while radiant heated floors offer an unparalleled sense of comfort. Sliding doors open up to mesmerizing views, and the mahogany doors stand as a testament to the property’s elegance. With ample parking space and meticulously designed features throughout, this residence is sure to capture the heart of the most discerning buyer.
For more information and to experience a virtual tour of this enchanting bayfront property, call the Managing Principal Broker of Coastal Southerby’s International Realty, Juli Whelchel, at 541-217-9485.
