$499,000

1500-1600 Lincoln City, OR 97367

Estimated payment $3,047/month

Total Views 577
1.03 Acres
$484,466 Price per Acre
44,867 Sq Ft 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

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 06/29/2025

Co-Listing Agent

Korey Hazard

Taylor & Taylor Realty Company License #201219450

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,934

Lot Details

  • 1.03 Acre Lot
  • Level Lot
  • Property is zoned R-M Residential, Multifamily

Mobile Home

  • Mobile Home Allowed

Listing and Financial Details

  • Tax Lot 8200
  • Assessor Parcel Number 071110DA-8200-00

Community Details

Overview

  • No Home Owners Association
  • Raymond Townsite Subdivision

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$3,934

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 1.03
  • Lot Size Sq Ft: 44866.8
  • Road Surface Type: Paved
  • Subdivision Name: Raymond Townsite
  • Directions: Hwy 101 to NE 22nd St to NE Oar to NE 15th & 16 St.
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 44,886
  • General Property Description:_pound_ of Acres: 1.03
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 8200
  • Miscellaneous Survey: Recorded
  • Miscellaneous:Manufactured Allowed: Yes
  • Topography:Level: Yes
  • Topography:Sloped: Yes
  • Water:At Street: Yes
  • Electric:At Street2: Yes
  • Sewer:City - 100 Away: Yes
  • General Property Description Senior Community YN: No
  • Special Features: None

Exterior Features

  • View: None

Utilities

  • Water Source: At Street

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Additional Parcels Description: 8 parcels total. Also includes: 071110DA-8202, 071110DA-8400, 071110DA-8500, 071110DA-8600, 071110DA-8601, 071110DA-8701, 071110DA-8702
  • Parcel #: 071110DA-8200-00
  • Zoning: R-M Residential, Multifamily

Tax Info

  • Tax Annual Amount: 3934.29
  • Tax Year: 2025

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2025 06/29/25 For Sale $499,000 -- --
Source: Lincoln County Board of REALTORS® MLS (OR)

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 25-1481

Oregon Lincoln County Lincoln City 97367

1500-1600, Lincoln City, OR

This home is located at 1500-1600, Lincoln City, OR 97367 and is currently priced at $499,000. 1500-1600 is a home located in Lincoln County with nearby schools including Oceanlake Elementary School, Taft Elementary School, and Taft High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Dennis Regen
Listing Agent
Dennis Regen
Section Image
Taylor & Taylor Realty Company
(541) 287-4970