2 Peppermint Grove, West Beach WA 6450

Large beachside block | Rare 1185m² lot | 350m to ocean | No recent sales data | 3-bed character house This property presents a rare opportunity to secure a substantial beachside landholding, a diminishing commodity in any coastal market. The approximately 1185m² lot is its defining competitive strength, offering significant future potential and setting it apart from typical suburban offerings. It serves a buyer seeking a long-term hold, prioritizing land value appreciation and the possibility of future improvement over immediate modern finishes. The proximity to West Beach positions it for lifestyle appeal and enduring demand. The primary risk is the absence of recent, precise comparable sales to anchor its market value, making the listed offer range difficult to challenge with data. The older 3-bed, 1-bath configuration may constrain its immediate rental appeal and cash flow relative to modern homes. Proceed with a value-add strategy, acquiring for land value and planning for eventual capital improvement to realize the lot’s potential. This is a strategic land purchase with a house included, not a turnkey home.