550 SE REEF AVE Avenue, Lincoln City, OR 97367 (MLS# 26-2275)


$225,000
550 SE REEF AVE Avenue
Lincoln City, OR 97367
MLS# 26-2275


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Property Description
Bring your vision to this unique .18-acre Lincoln City property where much of the groundwork is already in place! Water, sewer and electricity are on the property, along with an existing slab where a single-wide manufactured home once stood, creating an exciting opportunity for a future coastal home or getaway. Unlike a typical vacant lot, this property already offers established outdoor spaces surrounded by mature evergreens and greenery, giving it a wonderfully private, tucked-away feel. Garden areas, a greenhouse, additional storage sheds and outdoor gathering spaces add character and functionality, with plenty of room to imagine gardens, outdoor entertaining or simply enjoying your own peaceful piece of the Oregon Coast. A 288-square-foot garage with water and power is an especially valuable feature, offering excellent space for storage, hobbies, projects, recreational gear or a workshop while you make plans for the property. The existing concrete areas provide additional usable space, and the property's established improvements give a future owner a great starting point. Whether your vision includes a manufactured home, a new build or a coastal retreat, 550 SE Reef Avenue offers something increasingly hard to find — a beautiful lot with utilities already in place, useful existing improvements, mature surroundings and room to create something uniquely your own. Come walk the property and imagine the possibilities!

Details
Maps
Status Change Information
Status Change Timestamp: 2026-08-15
Address
Within City Limits?: Yes
Street Number: 550
Street Direction Prefix: SE
Street Name: REEF AVE
Street Suffix: Avenue
County: Lincoln
State: OR
Postal Code: 97367
Directions: Hwy 101 to SE East Devil's Lake Rd (toward post office), left on SE Port Ave, Right on SE 8th, left on SE Reef to the property on the right.
Cross Street: SE 8th St
Parcel Number: 071114CB-20000-00
Contract
List Price/Acre: 1250000
Current Price: $225,000
Status: Active
Begin Date: 2026-08-15
List Price: $225,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax & Legal
CC&R's: No
Association/Community
Senior Community YN: No
Lot
View YN: No
Water Body Access YN: No
Lot Size Acres: 0.18
Lot Size Square Feet: 7840.8
Utilities
Cable Available: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Exterior Features
RV Hookup: 1
Fencing
Partial: 1
Land Details
Corner Stakes: No
Survey Completed: No
Irrigated: No
Listing Terms
Cash: 1
Other: 1
Lock Box Type
LCBR Lock Box: 1
Lot Features
Level: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Water Source
Public: 1
Additional Tax and Location Information
Account #: R295910
Highway 101: East Side
Neighborhood Code: LENR
Property Tax ID #: R295910
Tax District: 407
Showing Requirements
Lockbox: 1
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Residential
Tax Legal
Subdivision Name: N/A
Tax Annual Amount: 1995.58
Tax Year: 2025
Zoning: R-R Recreation Residential
Tax Lot: 20000
Tax Map Number: 071114CB
Property Features
Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected; Cable Available; Electricity Connected; Sewer Connected; Water Connected
Exterior Features: RV Hookup
Fencing: Partial
Listing Terms: Cash; Other
Lock Box Type: LCBR Lock Box
Lot Features: Level
Possession: Close Of Escrow
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Sewer: Public Sewer
Special Listing Conditions: Standard
Water Source: Public
Showing Requirements: Lockbox

Listing Office: Realty One Group At the Beach,
Source MLS Verified

Office Email: ty@rogwv.com

Last Updated: August - 15 - 2026

Information deemed reliable but not guaranteed.