1206 SE 28th Street, Lincoln City, OR 97367 (MLS # 21-1220)


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PRICE $2,950,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 43.49 ac

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.

DAYS ON MARKET 1,271 LAST UPDATED 1/5/2024
TRACT N/A YEAR BUILT 0
COMMUNITY Lincoln City COUNTY Lincoln
STATUS Active PROPERTY TYPE(S) Lot/Land/Acreage


ADDITIONAL DETAILS
AREA Lincoln City
LOT 43.49 acre(s)
SUBDIVISION N/A
TAXES 1663.39
UTILITIES Natural Gas Available
VIEW Yes
VIEW DESCRIPTION Ocean
ZONING R-1 Residential, Single
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Martek Real Estate

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Data Last Updated: 11/21/24 1:44 PM PST

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