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$ 500,000
Est. payment /mo
Pending
Lot 6 SE Marine AVE Lincoln City, OR 97367
3.7 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Pending
Purchase Type For Sale
MLS Listing ID LC-104347
HOA Y/N No
Annual Tax Amount $3,550
Lot Size 3.700 Acres
Acres 3.7
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
Street Surface Paved
Building
Lot Description Rolling Slope
Others
Tax ID R531656
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
Listed by Berkshire Hathaway Homeservices NW
NEARBY SCHOOLS & PROPERTIES
Marcel Dolak
Owner | Private Office Advisor | Global Real Estate Advisor | License ID: 28065