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0 Baths

$795,000

4000 Blk NW 40th Street, Lincoln City OR, 97367

Price per sqft$4.69
Lot size3.89 Acres
Property typeLand

Overview

Active

Listed Nov 22, 2022

Updated 2 weeks ago

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 $5.28 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.

Additional information

MLS® ID
LC-88398

Exterior Features

Lot Size
3.89 Acres

Other Property Details

Taxes
$15,332
Tax Frequency
Annually
View
Yes
55+/Senior Community
No

 

Courtesy of Taylor & Taylor Realty Company

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sand + Cedar Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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