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Listed by Taylor & Taylor Realty Co. • 541-994-9111

$795,000

Est. payment - /mo

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3.89 Acres Lot

Price Dropped by $100K

4000 NW Blk 40th ST Lincoln City, OR 97367

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Lincoln Shre Str Rst

MLS Listing ID 17424374

HOA Y/N No

Annual Tax Amount $15,331

Tax Year 2025

Lot Size 3.890 Acres

Property Sub-Type Industrial

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.

Location

State OR

County Lincoln

Area _200

Zoning RC

Exterior

Utilities Available CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, PublicSewer, WaterAvailable

View Ocean, Trees Woods

Garage No

Building

Lot Description Brush, Ocean Beach One Quarter Mile Or Less, Trees

Schools

Elementary Schools Oceanlake

Middle Schools Taft

High Schools Taft

Others

Acceptable Financing Cash, Conventional, OwnerWillCarry

Listing Terms Cash, Conventional, OwnerWillCarry

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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