$699,000
Lincoln City, OR 97367
MLS# LC-100065
Status: Closed
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Property Description
Great development opportunity! Priced REDUCED at 2.25 per sq ft. Property is zoned R-M Residential Multi and was previously conditionally approved with the City of Lincoln City for 52 units. Buyer to check with Lincoln City Planning for conditions for re-approval. Seller has site plans which show building location, grading, etc. This site is centrally located in the Nelscott area of town featuring possible ocean view and is close to shopping, and dining. Motivated Seller. Submit all offers. Seller will consider owner financing for qualified Buyers.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2025-08-13
Price Change Timestamp: 2024-09-24T18:24:04Z
Purchase Contract Date: 2025-06-28
Close Date: 2025-08-13
Close Price: 699000
Contract
List Price/Acre: 98036.47
Sold Price/Acre: 98036.47
Current Price: $699,000
Status: Closed
Begin Date: 2023-12-08
Sold Price: $699,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax & Legal
CC&R's: No
Association/Community
Senior Community YN: No
Lot
Lot Size Dimensions: Irregular
View YN: Yes
Lot Size Acres: 7.13
Lot Size Square Feet: 310582.8
Utilities
Electricity Available: 1
Natural Gas Available: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Manufacturing Allowed: Unknown, Grade: Above Grade, Specially Assessed: No, Additional Parcels Description: TM 7-11-22AD TL 2100, 2101, 2002
R195990, R508634, R508633
Land Details
Corner Stakes: No
Survey Completed: Recorded
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lot Features
Sloped: 1
Road Surface Type
Paved: 1
Water Body Type
Ocean: 1
Additional Tax and Location Information
Highway 101: East Side
Neighborhood Code: LTNB
Property Tax ID #: R508634
Tax District: 414
Historical Details
Historical MLS Number: 23-2232
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Residential
Address
Street Number: 1400 Blk
Street Direction Prefix: SE
Street Name: 23rd St
County: Lincoln
State: OR
Postal Code: 97367
Directions: Hwy 101 to SE 23rd St to property. See sign.
Parcel Number: 071122AD-2101-00
Tax Legal
Subdivision Name: N/A
Tax Annual Amount: 102.99
Tax Year: 2024
Additional Parcels Description: TM 7-11-22AD TL 2100, 2101, 2002
R195990, R508634, R508633
Zoning: R-M Residential, Multifamily
Tax Lot: 2101
Tax Map Number: 071122AD
Property Features
Utilities: Electricity Available; Natural Gas Available; Water Available; Electricity Available; Natural Gas Available; Water Available
Listing Terms: 1031 Exchange; Cash; Conventional
Lot Features: Sloped
Road Surface Type: Paved
Water Body Type: Ocean
Plat Map - Public Listing Office: Taylor & Taylor Realty Company
Office Email: rebroker.geraldaldrich@gmail.com
Last Updated: December - 12 - 2025
Information deemed reliable but not guaranteed.