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Commercial Land for Sale in Lincoln City, Oregon
NW 40th St, Lincoln City, OR 97367
$1,000,000
3.89 acres
Active
$100k drop
Est $8,103/moLarge ocean view 3.89 acre property zoned R-C Recreation Commercial property. Priced at 5.90 per sq ft. 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!
Location
- Street address
- NW 40th St
- County
- Lincoln County
- Community
- Lincoln Shore Star Resort
- Elevation
- 59 feet
Directions
Hwy 101 to NW 40th St. to property.
Property details
- Acreage
- 3.89 acres
- Zoning
- RC - Recreational Commerc
- MLS #
- LCMLS 19-1523
- Posted
Property taxes
- 2025
- $15,332
Parcels
- 071103A-1200-00
Details and features
Listing
- Type
- Commercial Sale
Lot
- View
- Ocean
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Water | Public | Available | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 16, 2025 | Price drop | $1,000,000 | $100,000 -9.1% | LCMLS |
| Apr 25, 2025 | Price drop | $1,100,000 | $200,000 -15.4% | LCMLS |
| Apr 1, 2025 | Price drop | $1,300,000 | $50,000 -3.7% | LCMLS |
| Feb 7, 2025 | Price drop | $1,350,000 | $49,000 -3.5% | LCMLS |
| Jan 3, 2025 | Price drop | $1,399,000 | $40,000 -2.8% | LCMLS |
| Sept 25, 2024 | Price drop | $1,439,000 | $10,000 -0.7% | LCMLS |
| Aug 30, 2024 | Price drop | $1,449,000 | $50,000 -3.3% | LCMLS |
| Oct 21, 2023 | Price drop | $1,499,000 | $131,000 -8% | LCMLS |
| Aug 12, 2023 | Price drop | $1,630,000 | $100,000 -5.8% | LCMLS |
| June 30, 2023 | Price drop | $1,730,000 | $20,000 -1.1% | LCMLS |
| Mar 4, 2023 | Price drop | $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 drop | $1,883,000 | $15,000 -0.8% | LCMLS |
| Feb 15, 2022 | Price increase | $1,898,000 | $50,000 2.7% | LCMLS |
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