550 SE REEF SE AVE Unit #20000, Lincoln City, OR 97367

$225,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$225,000
Days on Market
23
MLS#
629294112
Property Type
Land
Lot Size
7, 000 to 9, 999 SqFt
Region
Lincoln County
Status
BUMPABLE BUYER

Property Description

Bring your vision to this unique .18-acre Lincoln City property where much of the groundwork is already in place! Water, sewer and electricity are on the property, along with an existing slab where a single-wide manufactured home once stood, creating an exciting opportunity for a future coastal home or getaway.Unlike a typical vacant lot, this property already offers established outdoor spaces surrounded by mature evergreens and greenery, giving it a wonderfully private, tucked-away feel. Garden areas, a greenhouse, additional storage sheds and outdoor gathering spaces add character and functionality, with plenty of room to imagine gardens, outdoor entertaining or simply enjoying your own peaceful piece of the Oregon Coast.One of the property's standout features is the 720-square-foot garage, fully insulated with sheet rock, water, power and work benches already in place. A 10-foot-wide by 8-foot-tall garage door, with opener provides excellent access and versatility for vehicles, recreational gear, a workshop, hobbies, projects, additional storage, or potentially convert into a small home or apartment. It's a substantial improvement that adds immediate usefulness while you make plans for the rest of the property.Existing concrete areas provide even more usable space, and the property's established improvements give a future owner a great starting point.Whether your vision includes a manufactured home, new construction or a coastal retreat, 550 SE Reef Avenue offers something increasingly hard to find—a beautiful lot with utilities already in place, a substantial finished garage, useful existing improvements, mature surroundings and room to create something uniquely your own.Come walk the property and imagine the possibilities!

Additional Information

Tax Amount
$2,026
High School
Taft
Elementary School
Taft
Middle School
Taft
Acres
0.18
Property Type
Residential/Recreational
Terms
Cash, Other
View
Trees/Woods
Utilities Included
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Present Use
Residential
Road Surface
Paved

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Realty One Group At The Beach.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.