NW 40th St Unit #1100, Lincoln City, OR 97367

$1,289,000

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List Price
$1,289,000
Days on Market
197
MLS#
616172613
Property Type
Land
Lot Size
3 to 4.99 Acres
Region
Lincoln County
Status
ACTIVE

Property Description

3.06-acre ocean view parcel located in northwest Lincoln City, one block off the beach and adjacent to Chinook Winds Casino, conveniently next to shopping, dining, and public beach access. The Seller has completed a professional wetlands delineation, which identified less wetland area than previously assumed, providing improved clarity for future planning and development. Potential development constrains remain and any development will be subject to applicable regulations and local government approvals. Interested parties are encouraged to review the delineation and conduct their own due diligence. The property is zoned RC (Recreational Commercial), allowing for a variety of potential uses including, but not limited to, motel or hotel accommodations, bed and breakfast uses, multi-family development, and other compatible commercial or residential concepts, subject to City of Lincoln City review. Buyers should verify all permitted uses, density, and development feasibility with the City of Lincoln City and their professional consultants.

Additional Information

Tax Amount
$27
High School
Taft
Elementary School
Oceanlake
Middle School
Taft
Acres
3.06
Property Type
Residential/Recreational
Terms
Cash, Conventional, Trade
Waterfront Description
Ocean Front
View
Ocean, Trees/Woods
Utilities Included
Cable Available, Electricity Available, Public Sewer, See Remarks, Water Available
Number Of Lots Total
1
Present Use
Raw Land
Road Surface
Paved

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Calculator source: Real Geeks

Listing courtesy of Good Moves Oregon LLC.

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