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$ 500,000
Est. payment /mo
Pending
Lot 6 SE Marine AVE Lincoln City, OR 97367
161,172 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Pending
Purchase Type For Sale
Square Footage 161,172 sqft
Price per Sqft $3
MLS Listing ID LC-104347
HOA Y/N No
Annual Tax Amount $3,550
Tax Year 2024
Lot Size 3.700 Acres
Acres 161172.0
Property Sub-Type Residential
Source Oregon Coast Multiple Listing Service
Property Description
Prime Development Opportunity - SE Marine Ave, Lincoln City, OR 97367 Bring your vision to life on this exceptional residential multifamily-zoned property in the heart of Lincoln City. Located just minutes from the beach, popular restaurants, shopping, and the casino, this land offers endless potential and is the perfect canvas for a lucrative housing development. The property comes with approved development plans and engineering for a mix of 5 fourplexes, 3 triplexes, and 5 duplexes—offering a rare opportunity to create an entire neighborhood or a phased investment project. Whether you're looking to build townhomes, multifamily rentals, or entry-level housing for buyers, this property is ready to deliver. Topography, site engineering, and architectural plans are included, helping you accelerate the path to groundbreaking. Previously envisioned as The Cove at Lincoln City, the concept was designed to meet the growing need for quality housing along the Oregon Coast.
Location
State OR
County Lincoln
Zoning R-M Residential, Multifamily
Direction From HWY 101, turn east onto SE 14th St., then turn right onto SE Marine Ave.
Exterior
Utilities Available Electricity Available, Natural Gas Not Available, Water Not Available
Building
Lot Description Rolling Slope
Others
Senior Community false
Tax ID R531656
Listed by Berkshire Hathaway Homeservices NW