$1,057,000
Lincoln City, OR 97367
MLS# LC-99814
Status: Closed
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Property Description
The Cove at Lincoln City Phase II and Phase III [Phase II is comprised of lots 9/10, 11/12, 15/16, 17/18, 19/20, 21/22, 23/24, 25/26 & 27/28 equaling 9 buildable lot pairs + a half-acre common area lot. Phase III is R531656 / Lot #6800 approved to develop into 40 lots]. No HOA currently & No CC&Rs yet filed. Inquire for plat map / survey and tour. Create your own neighborhood! The Cove at Lincoln City is a distinctive townhome development in the heart of Lincoln City, close to charming beaches, cozy & exciting eateries, easy drive to Casino, shopping and all that Coastal living offers. Currently there are numerous local employment opportunities given the continued growth in the medical, educational, construction, hospitality and other service industries since the recent boom in full-time
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2024-07-15
Purchase Contract Date: 2024-06-30
Close Date: 2024-07-15
Close Price: 1057000
Contract
List Price/Acre: 292275.57
Sold Price/Acre: 220668.06
Current Price: $1,057,000
Status: Closed
Begin Date: 2023-10-11
Sold Price: $1,057,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax & Legal
CC&R's: No
Utilities
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Grade: Below, Specially Assessed: No
CC&R's
No Manufactured Homes: 1
Land Details
Corner Stakes: No
Survey Completed: Recorded
Listing Terms
1031 Exchange: 1
Cash: 1
Owner Will Carry: 1
Lot Features
Level: 1
Rolling Slope: 1
Road Surface Type
Paved: 1
Additional Tax and Location Information
Highway 101: East Side
Neighborhood Code: LTNB
Property Tax ID #: R531660
Tax District: 402
Historical Details
Historical MLS Number: 23-1987
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Residential
Address
Street Number: Block 1400
Street Direction Prefix: SE
Street Name: Marine
Street Suffix: Avenue
County: Lincoln
State: OR
Postal Code: 97367
Directions: Highway 101 to SE 14th Street. Right (South) on SE Marine to lots.
Parcel Number: 071122AA-7800-00
Tax Legal
Subdivision Name: The Cove at Lincoln City
Tax Annual Amount: 14059.46
Tax Year: 2022
Zoning: R-M Residential, Multifamily
Tax Lot: 7800
Tax Map Number: 071122AA
Lot
Lot Size Acres: 4.79
Lot Size Square Feet: 208652.4
Property Features
Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available
Listing Terms: 1031 Exchange; Cash; Owner Will Carry
Lot Features: Level; Rolling Slope
Road Surface Type: Paved
Supplements
resident population and steady increase in tourism at the Coast. In response to the mass-market affordable housing need, Per News Guard Article 6-2023, more than $36.1MM is currently being invested in new housing developments in Lincoln City - mostly in apartments. The market is calling for more homes for people to buy! Lincoln City is growing. See listing 23-1982 for info on purchasing only Phase II. See listing 23-1976 for info on purchasing only Phase III. Seller could carry note upon accepted offer and review of credit / terms.
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.