Lincoln City Vacant Land
For Sale
$499,000
1500-1600 Blk NE Oar Avenue 8 lots, Lincoln City, OR 97367
Land, Lincoln City, OR
Property SizeContact for details
Lot Size1.03 Acres
Days on Market429
Property Features for 1500-1600 Blk NE Oar Avenue 8 lots
General Information
Property type
Land
Property subtype
Other
Zoning
R-M Residential, Multifam
Subdivision
Raymond Townsite
Lot features
Level, Sloped
Directions
Hwy 101 to NE 22nd St to NE Oar to NE 15th & 16 St.
Standard status
Active
APN
071110DA
Lot size
1.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3996
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Taylor & Taylor Realty Company
(800) 462-0197
Listed By:
Dennis M Regen · License #810604051
(541) 994-4169
Added: Jun 29, 2025
Changed: Aug 19
Last Checked: Aug 31 at 7:06AM
MLS# LC-104228
Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is an opportunity to acquire over 1 acre of vacant land, consisting of 8 tax lots, zoned RM (Residential Multi-Family). The property is located in the 1600 block between NE 15th and NE 16th Streets, just east of NE Oar in Lincoln City, Oregon. The site is suitable for developers or investors looking to construct multi-family housing. Preliminary concept drawings suggest the potential for an 18+ unit multi-family development, subject to City approval. Upper levels may offer possible ocean views. Prospective buyers should conduct due diligence with the City of Lincoln City to verify allowable uses, zoning requirements, and potential density. Coordination with Public Works will be necessary for water and sewer service. There is a septic easement on 7-11-10DA TL 8202 that benefits 7-11-10DA TL 8703 until connection to sewer is completed.
Key Highlights
- Over 1 acre of vacant land zoned RM (Residential Multi‑Family).
- Potential for 18+ unit multi‑family development (subject to City approval).
- Priced at $11 per square foot.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
Explore this area
Business Placement
Demographics for 97367, OR
11,095
Population
8,138
Households
1.4
Avg Household Size
53
Median Age
29%
College-Educated
91%
High-School Grad
45.7 sq mi
ZIP Area
243
Density / Sq Mi
$58,845
Median Household Income
$37,370
Median Earnings
$1,333
Median Rent
$388,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Over one acre of vacant land for multi-family development.
Where is this land located?
The property is located at 1500-1600 Blk NE Oar Avenue 8 lots Lincoln City, OR.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Over 1 acre of vacant land zoned RM (Residential Multi‑Family).; Potential for **18+ unit multi‑family development** (subject to City approval).; Priced at $11 per square foot.
