Property profile

520 Oceanview Ln Lincoln City, OR 97367

OFF-MARKET
Land
1.03 ac lot
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Property summary

AI-generated overview

This 1.03-acre lot in the exclusive Salishan Hills community of Gleneden Beach, Oregon (Lincoln County, zip code 97367) offers an exceptional opportunity to build a custom home. Located at 520 Oceanview Ln, the property boasts unobstructed views and is zoned R-1-A Residential. The lot features a view-protection timber buffer and a community lot providing privacy from neighbors. Underground utilities are available, simplifying construction. The Salishan Hills HOA maintains high design standards, ensuring a prestigious and well-maintained community. Residents enjoy access to amenities including a golf course, tennis courts, nature trails, and beach access. Nearby Lincoln City offers a variety of attractions, including restaurants, shops, and recreational activities such as kayaking, biking, and ziplining. The property's location provides easy access to beaches, whale watching opportunities, and sport fishing. The high point on the east side of the lot offers potential for even greater views. The asking price is $215,000. The APN is 081115AB-400-00. Prospective buyers are responsible for conducting due diligence regarding development options and the community's covenants, conditions, and restrictions (CC&Rs) and architectural guidelines.

Property profile

Verified
Property type Land
Lot 1.03 ac (44,867 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

520 Oceanview Ln Lincoln City, OR 97367
Lincoln City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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