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Waterfront Residential Development Lot
For Sale
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TL 503 NE High Street, Waldport, OR 97394

A 5.90-acre R-1 waterfront lot with elevated Alsea Bay views and utilities available at the street for future homesites.

Property SizeContact for details
Lot Size5.90 Acres
Days on Market74

Property Features for TL 503 NE High Street

General Information

Standard status Active
Lot size 5.90 Acres
Property subtype Land, Multifamily
Zoning R-1 Residential, Single Family

Site & Location

Highway Access Yes
Utilities to Site Yes
Listing Agency: Advantage Real Estate
Listed By: Henry Weiss · License #201258864
Source: Crexi
Added: May 31 Changed: Aug 8 Last Checked: Aug 8 at 7:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Advantage Real Estate

Investment Insights

Based on property information with market context.

This offering is a 5.90-acre residential R-1 lot positioned on a hillside above Alsea Bay. The parcel is described as having an elevated bay view and space to create a private homesite or consider a larger residential development concept. The property is intended for use under R-1 zoning, which allows for site-built or manufactured homes, and it notes that septic is needed.

The lot is located along Hwy 34 in Waldport, and it sits within the broader context of strong residential development. Public water and electric are available at the street. It is also listed as adjacent to a 1.18-acre R-2 parcel that is offered for sale separately, creating the option for a combined development approach subject to City and County approval.

For buyers evaluating residential use, the combination of R-1 zoning and waterfront hillside setting provides a straightforward path for a single-family residence or manufactured home. For more extensive plans, the listing indicates the possibility of partition and even a potential subdivision when considered together with the adjacent R-2 parcel, subject to required approvals. The buyer is advised to verify all development options with the City of Waldport and Lincoln County.

Key Highlights

  • 5.90‑acre R‑1 lot on Hwy 34 in Waldport with elevated Alsea Bay views
  • Zoning (R‑1) allows site‑built or manufactured homes
  • Public water and electric available at the street

Property Analytics

Current Use

Residential land & home ...

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 97394, OR

5,361
Population
3,686
Households
1.5
Avg Household Size
59
Median Age
28%
College-Educated
95%
High-School Grad
51.7 sq mi
ZIP Area
104
Density / Sq Mi
$57,708
Median Household Income
$31,690
Median Earnings
$1,104
Median Rent
$354,400
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - A 5.90-acre R-1 waterfront lot with elevated Alsea Bay views and utilities available at the street for future homesites.
Where is this residential land & home lot located?
The property is located at TL 503 NE High Street Waldport, OR.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 5.90‑acre R‑1 lot on Hwy 34 in Waldport with elevated Alsea Bay views; Zoning (R‑1) allows site‑built or manufactured homes; Public water and electric available at the street
More about this property
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