Seller Financing
Address
1206 SE 28th St Lincoln City, OR
Price
$ 3,500,000
Property Attributes
  • MLS#211220
  • TypeLot-Land
  • CountyLINCOLN
  • CityLincoln City
  • AreaLincoln City SE
  • Zip97367
  • StyleLand
  • Taxes$ 1439
  • Price$ 3,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size43.49 Acres
Listing Provided Courtesy Of:
Martek Real Estate
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property Description

This 44 acres of prime development property in Lincoln City is located within the Nelscott Gap Neighborhood Plan and within UGB. City has indicated interest in mix of multi-family and single-family dwellings with possibility of higher density. Retail also has been a possibility city has considered. Sewer line was stubbed in during recent Hwy 101 expansion. Property will need to be annexed into city. Sellers have completed a lot of engineering and design work. Last entitlement steps just need to be taken to make this an amazing residential development in southeast Lincoln City. Nelscott Plan under Documents, consult plan and city for zoning options. Sellers will consider joint venture.

Price History
5/31/2021 Listed $3,500,000

General Features

Electric At Street
View None
Water At Street
Zoning R-1 Residential, Single Family

Exterior Features

Latitude 44.945953
Longitude -124.014983
Frontage None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Lot-Land Average in 97367

Price
AVG $220K
$3.5M
Taxes
AVG $1,136
$1,439
Visits
AVG 31
3

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