Lot 6 Marine, Lincoln City, OR 97367

Listing Courtesy of Berkshire Hathaway Homeservices NW.

$500,000

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List Price
$500,000
Status
PENDING
Days on Market
25
MLS#
LC-104347
Subtype
Land
Lot Size
161,172
Acres
3.70
Subdivision
N/A

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.

Additional Information

Taxes
$3,550
Zoning
R-M Residential, Multifamily

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