Commercial Land for Sale in Lincoln City, Oregon
NW 40th St, Lincoln City, OR 97367
Prime 3.89 acre ocean view property, offering an exceptional opportunity for hotel, motel, or resort development. With ocean views, close proximity to the casino, and just moments from beach access, shopping, and dining, this location is ideally positioned to serve visitors and capitalize on strong coastal tourism demand. Zoned R-C Recreation Commercial and priced at $5.78 per square foot, this site allows for a wide range of approved uses as verified with the City of Lincoln City, including apartments, condominiums, hotels, motels, timeshares, and senior retirement housing. The property offers excellent visibility and convenient access from Highway 101, making it well suited for both destination and long-term residential or hospitality projects. All utilities are available at the street. Seller is open to seller financing. Submit all offers and explore the potential this premier coastal development site has to offer.
Location
- Street address
- NW 40th St
- County
- Lincoln County
- Community
- Lincoln Shore Star Resort
- School district
- Lincoln County School District
- Elevation
- 59 feet
Directions
Hwy 101 to NW 40th St. to property.
Property details
- Acreage
- 3.89 acres
- Zoning
- RC - Recreational Commerc
- MLS #
- LCMLS LC-88398
- Posted
Property taxes
- 2025
- $15,332
Parcels
- 071103A
Details and features
Listing
- Type
- Commercial Sale
Lot
- Features
- Sloped, Wooded
Structure
- Water
- Public
- Sewer
- Public Sewer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 20, 2026 | Price drop | $979,000 | $21,000 -2.1% | LCMLS |
| 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 |