43.5 Acres of Mixed-Use Land for Sale in Lincoln City, Oregon

1206 SE 28th St, Lincoln City, OR 97367

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$2,950,000
43.49 acres
Active sale$550k dropEst $27,789/mo

This 44 acres of prime development property in Lincoln City is located within the Nelscott Gap Neighborhood Plan and within UGB. City has indicated interest in mix of multi-family and single-family dwellings with possibility of higher density. Retail also has been a possibility city has considered. Sewer line was stubbed in during recent Hwy 101 expansion. Property will need to be annexed into city. Sellers have completed a lot of engineering and design work. Last entitlement steps just need to be taken to make this an amazing residential development in southeast Lincoln City. Nelscott Plan under Documents, consult plan and city for zoning options. Sellers will consider joint venture.

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

2020
$1,439

This 43.49-acre property is located at 1206 SE 28th St 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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