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Lincoln City Vacant Land Opportunity

1500-1600 Blk NE Oar Avenue 8 lots Lincoln City, OR 97367

1500-1600 Blk NE Oar Avenue 8 lots, Lincoln City, OR, 97367
$499,000
For Sale
$499,000

LAND - Lincoln City, OR

Lot Size1.03 Acres
Days on Market384

Property Features for 1500-1600 Blk NE Oar Avenue 8 lots

General Information

Property type
Land
Property subtype
Other
Zoning
R-M Residential, Multifam
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
3891 NW Hwy 101, Lincoln City, OR
Listed by Dennis M Regen · License #810604051
Added: Jun 29, 2025 Checked: Jul 17 at 6:06 am
MLS# LC-104228 Listing URL

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

Location Intelligence

Current Use by Public Records

Residential land & home ...

FAQs

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.
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