Pros:
1. Beautiful Location - Neah Bay is situated on the Olympic Peninsula and it is widely regarded as one of the most stunning locations in the state of Washington. Its natural beauty, such as the rugged coastline, beaches, forests, and mountains, make it a popular destination for nature lovers, photographers, and artists.

2. Fishing and Aquaculture - The area is great for fishing enthusiasts, and the Makah Indian Tribe who inhabit the region are well-known for their traditional fishing methods. Additionally, there is an abundance of marine life, including salmon, cod, halibut, and Dungeness crab, which make it a popular location for aquaculture businesses.

3. Low Cost of Living - The cost of living in Neah Bay is relatively low compared to major cities and other popular tourist towns in Washington State.

Cons:
1. Limited Employment Opportunities - The area's economy is primarily driven by fishing, aquaculture, and tourism. Due to its remote location, there is limited access to employment opportunities that offer higher salaries and job security.

2. Difficult Climate - The region experiences a temperate rainforest climate, which means it is often cloudy, wet, and gets a significant amount of rainfall annually. Winters can be especially harsh, and the climate may not be suitable for everyone.

3. Poor Infrastructure - While the area's natural beauty is breathtaking, the infrastructure is limited. Medical facilities, schools, and public transportation options are lacking, which can be a challenge for those who are not used to rural living.

Overall, buying property in Neah Bay could be an excellent investment for those who crave a quieter lifestyle and appreciate the beauty of nature. However, it is essential to weigh the pros and cons and ensure that the location aligns with your personal and financial goals.