The Oregon Coast has long been a desirable destination for those seeking a
beautiful and tranquil environment, with its stunning beaches, rocky cliffs, and lush forests. Over the years, this area has attracted many real estate investors who have sought to capitalize on its natural beauty and potential for development. We'll touch on a bit that investor history, here.
Samuel H. Boardman played a pivotal role in shaping the Oregon Coast we know today. Boardman served as the first superintendent of the Oregon State Parks system and was instrumental in the acquisition of many parks and natural areas along the coast. He recognized the importance of preserving the natural beauty of the coast for future generations, and his work continues to benefit the region today.
Another influential figure in the Oregon Coast real estate market was Craig McCaw, a technology entrepreneur and billionaire who invested in a 3,000-acre parcel of land in the Siuslaw National Forest. McCaw's vision was to create a luxury development that would blend in with the surrounding environment and offer a unique experience for residents and visitors alike. Although the project ultimately fell through due to various challenges and controversies, McCaw's investment in the region helped to raise awareness of the Oregon Coast's potential for high-end real estate development.
In addition to individual investors like Boardman and McCaw, there have also been notable real estate companies and organizations involved in the Oregon Coast market. One such company was Oregon Beach Vacations, which was founded in 2004 and has since become one of the largest vacation rental management companies in the region. Oregon Beach Vacations has helped to promote tourism and generate revenue for local businesses, while also providing a range of rental options for visitors to the coast.
However, not all real estate investors on the Oregon Coast have been successful. Bill Stoller, a successful businessman and owner of Stoller Family Estate, invested heavily in a luxury development called Salishan in the 1990s. The project faced numerous challenges, including a lack of demand for high-end properties and an economic recession, and ultimately ended in bankruptcy. Stoller's experience serves as a cautionary tale for investors considering high-risk projects in the region.
Overall, the history of real estate investment on the Oregon Coast is complex and multifaceted, with both success stories and cautionary tales. While investors like Samuel Boardman and Craig McCaw have helped to shape the region in positive ways, others like Bill Stoller have faced significant challenges and setbacks. We hope reporting on these experiences help current and future investors make informed decisions when investing on the Oregon Coast.
Use the app below to search for potential investment opportunities in our area. Here are the zip codes you'll need to simply copy and paste for a successful foreclosure search on the Oregon Coast: 97406 (Agness), 97411 (Bandon), 97414 (Broadbent), 97415 (Brookings), 97416 (Camas Valley), 97423 (Coquille), 97424 (Cottage Grove), 97423 (Coquille), 97423 (Coquille), 97429 (Days Creek), 97430 (Deadwood), 97431 (Dillard), 97439 (Florence), 97443 (Glide), 97444 (Gold Beach), 97447 (Grand Ronde), 97449 (Lakeside), 97450 (Langlois), 97456 (Mapleton), 97457 (Myrtle Creek), 97458 (Myrtle Point), 97459 (North Bend), 97463 (Port Orford), 97465 (Port Orford), 97469 (Riddle), 97470 (Roseburg), 97476 (Sixes), 97480 (Swisshome), 97481 (Tenmile), 97484 (Tiller), 97486 (Umpqua), 97488 (Westfir), 97490 (Winston), 97493 (Yachats).