$399,000

Bring your vision to this .15-acre homesite perched high above the tsunami zone, offering a remarkable setting overlooking the renowned Nelscott Reef, with views toward the Pacific and waves breaking over the dramatic rock formations below. Located just above the highly sought-after Olivia Beach neighborhood in SW Lincoln City, this pie-shaped lot sits along a quiet circular street and offers an exciting opportunity to create a custom coastal residence, second home, or potential vacation rental investment. The property is zoned R-5, offering potential flexibility for vacation rental use, subject to applicable City of Lincoln City requirements, licensing, and availability. Enjoy the best of the Central Oregon Coast just blocks away, with three nearby beach access points with parking, including one with an ADA-accessible ramp. For a change of scenery, explore the forested trails and natural surroundings of the nearby Agnes Creek Open Space. Whether you're envisioning a striking view home, a coastal getaway, or an investment-oriented development, this property combines elevation, ocean and reef views, recreation, and an exceptional SW Lincoln City location—a compelling opportunity to build something special at the beach.