4000 NW Blk 40th ST, Lincoln City, OR 97367

$795,000

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List Price
$795,000
Price Change
▼ $100,000 1778986487
Days on Market
3189
MLS#
17424374
Property Type
Land
Lot Size
3 to 4.99 Acres
Region
Lincoln County
Status
ACTIVE

Property Description

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.

Additional Information

Tax Amount
$15,331
High School
Taft
Elementary School
Oceanlake
Middle School
Taft
Acres
3.89
Subdivision
Lincoln Shre Str Rst
Property Type
Industrial
Lot Size Dimension
Irregular
Terms
Cash, Conventional, Owner Will Carry
View
Ocean, Trees/Woods
Utilities Included
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public Sewer, Water Available
Covenants/Conditions/Restrictions
Yes
Road Frontage Yn
Yes
Perc Test Description
None
Present Use
Raw Land
Road Surface
Paved

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Calculator source: Real Geeks

Listing courtesy of Taylor & Taylor Realty Co..

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