Land for Sale in Lincoln City, Oregon

1206 SE 28th Lincoln City, OR 97367

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$2,950,000
43.49 acres
Active sale$550k dropEst $27,808/mo

Ocean-view development property in Lincoln City located in the Nelscott Gap Neighborhood and within UGB. City has indicated interest in a mix of multi-family and single-family dwellings with possibility of higher density. Light retail component also may be a possibility. Sewer line was stubbed in during recently Hwy 101 expansion. TIF has been set up for future commuter road. Property will need to be annexed into the city. Sellers have completed a lot of engineering and design work. Last entitlement steps need to be taken to make this an amazing development. Two tax parcels total 44 acres and can be sold as a whole or separately with possibility of further subdivision. Seller will consider joint venture and is flexible. See MLS #24-1066 & 24-1067.

Directions

Hwy 101 to SE 27th Street. Head east past Dinosaur Electronics.

Property details

Coordinates
44.9462, -124.012
Zoning
R-1 Residential, Single Family
Elevation
108 feet
MLS Number
LCMLS 21-1220
Date Listed

Parcels

  • 071122DD-100-00

Property taxes

2023
$1,663

This 43.49-acre property is located at 1206 SE 28th in Lincoln City, OR 97367 with latitude 44.9462 and longitude -124.012. The property is currently available for sale for $2,950,000 with a price per acre of $67,832. Listing data is sourced from Lincoln County Board of Realtors # 21-1220.

Verify sale details at the property source or contact Martek Real Estate at (541) 961-6688.

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Copyright (C) 2024 Lincoln County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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