Tl 1100 Ne West Devils Lake Boulevard, Lincoln City, OR 97367

Listing Courtesy of Taylor & Taylor Realty Company.

$499,000

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List Price
$499,000
Status
ACTIVE
Days on Market
1
MLS#
26-2489
Subtype
Land
Lot Size
644,688
Acres
14.80
Subdivision
N/A

Property Description

Prime North Lincoln City Development Opportunity! Recent changes to the City's conditions for master plan approval may make development of this 14.21-acre site significantly more feasible. This undisturbed, wooded property previously had an approved plat for 30 townhomes, although that approval has since expired. A buyer may explore reapplying for multi-family zoning and development approvals or consider the possibilities available under the property's current zoning. With 14.8 acres and a prior development concept already established, this property offers exciting potential for a builder, developer, or investor. Seller may consider Owner Will Carry (OWC) financing with a substantial down payment. Conveniently located near North Lincoln City amenities, including Chinook Winds Golf Course, Lighthouse Square, shopping, restaurants, entertainment, and the Pacific Ocean. A rare opportunity to acquire a sizable development parcel in one of the Oregon Coast's most desirable communities. Buyer to perform all due diligence regarding zoning, development potential, utilities, approvals, and permitted uses.

Additional Information

Taxes
$2,282
Zoning
R1-7.5
School District
Lincoln County School District

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