3.9 Acres of Commercial Land for Sale in Lincoln City, Oregon
NW 40th, Lincoln City, OR 97367
Price Slashed! Original price was $1,898,000 and has been reduced by $399,000. Now priced at $1,499,000. Priced at $8.84 per sq ft. Ocean view large 3.89 acre property zoned R-C Recreation Commercial property. Site is in a prime NW Lincoln City location. Bring your imagination - This property has a large variety of uses that have been verified with the city of Lincoln City which includes apartments, condominiums, hotels, motels, timeshares, and senior retirement center. Excellent visibility and access from Highway 101, just 2 blocks to the beach, shopping and much more. Property is adjacent to the Chinook Winds Casino Hotel & Resort. All utilities are at the street. Owner is open to seller financing- submit all offers!
Directions
Hwy 101 to NW 40th St. to property.
Property details
- County
- Lincoln County
- Zoning
- RC - Recreational Commercial
- Elevation
- 59 feet
- MLS Number
- LCMLS 19-1523
- Date Listed
Parcels
- 071103A-1200-00
Property taxes
- 2023
- $14,679
Detailed attributes
Listing
- Type
- Commercial
Lot
- Views
- Ocean
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 21, 2023 | Price decrease | $1,499,000 | $131,000 -8% | LCMLS |
| Aug 12, 2023 | Price decrease | $1,630,000 | $100,000 -5.8% | LCMLS |
| June 30, 2023 | Price decrease | $1,730,000 | $20,000 -1.1% | LCMLS |
| Mar 4, 2023 | Price decrease | $1,750,000 | $133,000 -7.1% | LCMLS |
| Nov 22, 2022 | Back on market | $1,883,000 | — | LCMLS |
| Nov 10, 2022 | Under contract | $1,883,000 | — | LCMLS |
| Oct 14, 2022 | Price decrease | $1,883,000 | $15,000 -0.8% | LCMLS |
| Feb 15, 2022 | Price increase | $1,898,000 | $50,000 2.7% | LCMLS |
| Oct 30, 2021 | Price increase | $1,848,000 | $398,000 27.4% | LCMLS |
| June 17, 2021 | Price increase | $1,450,000 | $100,000 7.4% | LCMLS |
| June 3, 2021 | Back on market | $1,350,000 | — | LCMLS |
| May 27, 2021 | Under contract | $1,350,000 | — | LCMLS |
| Nov 21, 2020 | Price decrease | $1,350,000 | $445,000 -24.8% | LCMLS |
| Oct 15, 2020 | Price increase | $1,795,000 | $100,000 5.9% | LCMLS |
| Oct 12, 2020 | Price decrease | $1,695,000 | $100,000 -5.6% | LCMLS |