1206 SE 28th St, Lincoln City, OR 97367 (MLS:21-1220)

Land Residential

Updated by Doretta Smith,

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 Highway 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. .

1206 SE 28th St, Lincoln City, OR 97367 - Aerial - west view1206 SE 28th St, Lincoln City, OR 97367 - Aerial - west view
1206 SE 28th St, Lincoln City, OR 97367 - Aerial w/ boundaries1206 SE 28th St, Lincoln City, OR 97367 - Aerial - east view1206 SE 28th St, Lincoln City, OR 97367 - Nelscott Gap Plan - map1206 SE 28th St, Lincoln City, OR 97367 - 44 acre aerial
1206 SE 28th St, Lincoln City, OR 97367 - Aerial w/ boundaries1206 SE 28th St, Lincoln City, OR 97367 - Aerial - east view1206 SE 28th St, Lincoln City, OR 97367 - Nelscott Gap Plan - map1206 SE 28th St, Lincoln City, OR 97367 - 44 acre aerial
  • Status Active 
  • City Lincoln City 
  • County Lincoln 
  • State Oregon 
  • Major Area Lincoln City 
  • Subdivision NA 
  • Parcel Number 071122DD-100-00 
  • U.S. Highway 101 East Side 
  • Property Type Land Residential 
  • Street Surface Dirt, Paved 
  • Lot Acres 43.49 
  • Topography Sloped,Steep 
  • Frontage None 
  • Zoning R-1 Residential, Single Family 
  • Water At Street 
  • Sewer City Street 
  • Electric At Street 
  • Gas At Street 
  • Bank/Lender Owned No 
  • Seller's Terms Cash, Conventional Financing, Owner Will Carry 
  • Price $3,500,000 
  • Tax Year 2020 
  • MLS Number 21-1220 
  • Phone Number (541) 961-6688 
  • Directions No drive-bys please. No signs. Shown by appointment only. 

LISTING PRESENTED BY
Doretta Smith, Martek Real Estate Broker
Doretta Smith
Principal Broker/Owner
Martek Real Estate

Call: (541) 961-6688

More Info