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Listed by Taylor & Taylor Realty Co. • 541-994-9111
$979,000
Est. payment /mo
3.89 Acres Lot
Price Dropped by $21K
4000 NW Blk 40th ST Lincoln City, OR 97367
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Key Details
Property Type Vacant Land
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Lincoln Shre Str Rst
MLS Listing ID 17424374
HOA Y/N No
Annual Tax Amount $15,331
Tax Year 2025
Lot Size 3.890 Acres
Property Sub-Type Industrial
Property Description
Prime 3.89 acre ocean view property, offering an exceptional opportunity for hotel, motel, or resort development. With ocean views, close proximity to the casino, and just moments from beach access, shopping, and dining, this location is ideally positioned to serve visitors and capitalize on strong coastal tourism demand. Zoned R-C Recreation Commercial and priced at $5.78 per square foot, this site allows for a wide range of approved uses as verified with the City of Lincoln City, including apartments, condominiums, hotels, motels, timeshares, and senior retirement housing. The property offers excellent visibility and convenient access from Highway 101, making it well suited for both destination and long-term residential or hospitality projects. All utilities are available at the street. Seller is open to seller financing. Submit all offers and explore the potential this premier coastal development site has to offer.
Location
State OR
County Lincoln
Area _200
Zoning RC
Exterior
Utilities Available ElectricityAvailable, NaturalGasAvailable, PublicSewer, WaterAvailable
View Ocean, Trees Woods
Garage No
Building
Lot Description Brush, Ocean Beach One Quarter Mile Or Less, Trees
Schools
Elementary Schools Oceanlake
Middle Schools Taft
High Schools Taft
Others
Acceptable Financing Cash, Conventional, OwnerWillCarry
Listing Terms Cash, Conventional, OwnerWillCarry
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