Description
1206 SE 28th,
Lincoln City,
OR
97367
Ocean-view development property in Lincoln City located in the Nelscott Gap Neighborhood and within UGB. City has indicated interest in a mix of multi-family and single-family dwellings with possibility of higher density. Light retail component also may be a possibility. Sewer line was stubbed in during recently Hwy 101 expansion. TIF has been set up for future commuter road. Property will need to be annexed into the city. Sellers have completed a lot of engineering and design work. Last entitlement steps need to be taken to make this an amazing development. Two tax parcels total 44 acres and can be sold as a whole or separately with possibility of further subdivision. Seller will consider joint venture and is flexible. See MLS #21-1220 & MLS #24-1067
This is an Active listing.
Broker Office Phone Number: 541-265-8785
Copyright © 2024Lincoln County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Martek Real Estate via Data Source: Lincoln County Board of Realtors
Price History
date | price | variance | type |
---|
6/13/2024 | $1,800,000 | - | Listed |
listing agent: Doretta L Smith