1500 1600 Blk Ne Oar Ave Lincolncity, OR 97367
Estimated payment $3,047/month
Highlights
- Territorial View
- Landscaped with Trees
- Brush Vegetation
- No HOA
- High Speed Internet
- Gentle Sloping Lot
About This Lot
Over 1 acre of vacant land comprised of 8 tax lots zoned RM (Residential Multi-Family), located in the 1600 block between NE 15th and NE 16th Streets, just east of NE Oar. Priced at 11 per square foot, this is a great opportunity for developers or investors looking to build multi-family housing. Preliminary concept drawings suggest the potential for an 18+ unit multi-family development with City approval. Possible ocean views from upper levels. Buyer to perform due diligence with the City of Lincoln City regarding allowable uses, zoning requirements, and potential density. Coordination with Public Works will be necessary for water and sewer service. Note: Septic easement on 7-11-10DA TL 8202 benefits 7-11-10DA TL 8703 until connection to sewer is completed.
Listing Agent
Taylor & Taylor Realty Co. Brokerage Phone: 541-994-9111 License #810604051 Listed on: 06/29/2025
Co-Listing Agent
Taylor & Taylor Realty Co. Brokerage Phone: 541-994-9111 License #201219450
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,934
Lot Details
- 1.03 Acre Lot
- Brush Vegetation
- Gentle Sloping Lot
- Landscaped with Trees
- 8 Lots in the community
- 8 lots
- Property is zoned RM
Property Views
- Territorial Views
Schools
- Taft Elementary And Middle School
- Taft High School
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Raymond Townsite Subdivision
Listing and Financial Details
- Assessor Parcel Number R309952
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2025 06/29/25 | For Sale | $499,000 | -- | -- |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 576406118
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