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Coastal Residential Development Lot
For Sale
$35,000

Tl5300 Northeast 27th Drive, Lincoln City, OR 97367

Vacant lot in the Oceanlake district of Lincoln City, zoned RM and suited for residential or vacation use.

Property Size5,227 SF
Price / SF$6.70
Days on Market302

Property Features for Tl5300 Northeast 27th Drive

General Information

Standard status Active
Size 5,227 SF
Property subtype Land
Zoning R-M Residential, Multifam

Taxes and HOA fees

Annual Taxes $150

Amenities

No
Listing Agency: Sams Realty
Listed By: Richard Barry Sams · License #201223190
Source: Compass
Added: Oct 23, 2025 Changed: Aug 8 Last Checked: Jul 20 at 11:56AM

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 Sams Realty

Investment Insights

Based on property information with market context.

This is a vacant residential lot available for sale in the Oceanlake district of Lincoln City. The property is zoned RM and offers an opportunity to build a new home or coastal retreat.

The location provides convenient access to beach entrances and to local shops, restaurants, and entertainment along Hwy 101.

With its RM zoning and vacant status, the lot supports residential development plans on the Oregon Coast. Buyers should confirm any intended use and development requirements with the appropriate local authorities.

Key Highlights

  • Vacant lot in the Oceanlake district of Lincoln City, Oregon
  • RM zoned lot suited for residential or vacation use
  • Close to beach entrances, local shops, restaurants, and entertainment along Hwy 101

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom HVAC Service Home Appliance Store Big Box & Wholesale Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

623
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant lot in the Oceanlake district of Lincoln City, zoned RM and suited for residential or vacation use.
Where is this residential land & home lot located?
The property is located at Tl5300 Northeast 27th Drive Lincoln City, OR.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Vacant lot in the Oceanlake district of Lincoln City, Oregon; RM zoned lot suited for residential or vacation use; Close to beach entrances, local shops, restaurants, and entertainment along Hwy 101
More about this property
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