4000 NW Blk 40th St Lincolncity, OR 97367
Estimated payment $6,845/month
Total Views
847
3.89
Acres
$257,069
Price per Acre
169,448
Sq Ft Lot
Highlights
- Ocean View
- Landscaped with Trees
- No Heating
- No HOA
- Brush Vegetation
About This Lot
Large ocean view 3.89 acre property zoned R-C Recreation Commercial property. Priced at $5.90 per sq ft. Site is in a prime NW Lincoln City location. Bring your imagination - This property has a large variety of uses that have been verified with the city of Lincoln City which includes apartments, condominiums, hotels, motels, timeshares, and senior retirement center. Excellent visibility and access from Highway 101, just 2 blocks to the beach, shopping and much more. Property is adjacent to the Chinook Winds Casino Hotel & Resort. All utilities are at the street. Owner is open to seller financing- submit all offers!
Listing Agent
Taylor & Taylor Realty Co. Brokerage Phone: 541-994-9111 License #810604051 Listed on: 12/19/2017
Co-Listing Agent
Taylor & Taylor Realty Co. Brokerage Phone: 541-994-9111 License #201219450
Property Details
Property Type
- Land
Est. Annual Taxes
- $15,095
Lot Details
- 3.89 Acre Lot
- Brush Vegetation
- Landscaped with Trees
- Property is zoned RC
Property Views
- Ocean
- Woods
Schools
- Oceanlake Elementary School
- Taft Middle School
- Taft High School
Community Details
- No Home Owners Association
- Lincoln Shre Str Rst Subdivision
Listing and Financial Details
- Assessor Parcel Number R503280
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $15,095 | $885,400 | $885,400 | -- |
| 2023 | $14,679 | $859,620 | $0 | $0 |
| 2022 | $14,269 | $834,590 | $0 | $0 |
| 2021 | $13,593 | $810,290 | $0 | $0 |
| 2020 | $13,280 | $786,690 | $0 | $0 |
| 2019 | $12,828 | $763,780 | $0 | $0 |
| 2018 | $12,539 | $741,540 | $0 | $0 |
| 2017 | $12,000 | $719,950 | $0 | $0 |
| 2016 | $11,255 | $698,990 | $0 | $0 |
| 2015 | $11,004 | $678,640 | $0 | $0 |
| 2014 | $10,724 | $658,880 | $0 | $0 |
| 2013 | -- | $639,690 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Price Changed | $1,000,000 | -9.1% | -- |
| 04/25/2025 04/25/25 | Price Changed | $1,100,000 | -15.4% | -- |
| 03/31/2025 03/31/25 | Price Changed | $1,300,000 | -3.7% | -- |
| 02/07/2025 02/07/25 | Price Changed | $1,350,000 | -3.5% | -- |
| 01/03/2025 01/03/25 | Price Changed | $1,399,000 | -2.8% | -- |
| 09/25/2024 09/25/24 | Price Changed | $1,439,000 | -0.7% | -- |
| 08/30/2024 08/30/24 | Price Changed | $1,449,000 | -3.3% | -- |
| 10/20/2023 10/20/23 | Price Changed | $1,499,000 | -8.0% | -- |
| 08/16/2023 08/16/23 | Price Changed | $1,630,000 | -5.8% | -- |
| 06/30/2023 06/30/23 | Price Changed | $1,730,000 | -1.1% | -- |
| 03/04/2023 03/04/23 | Price Changed | $1,750,000 | -7.1% | -- |
| 11/22/2022 11/22/22 | For Sale | $1,883,000 | 0.0% | -- |
| 11/09/2022 11/09/22 | Pending | -- | -- | -- |
| 10/14/2022 10/14/22 | Price Changed | $1,883,000 | -0.8% | -- |
| 02/15/2022 02/15/22 | Price Changed | $1,898,000 | +2.7% | -- |
| 10/29/2021 10/29/21 | Price Changed | $1,848,000 | +27.4% | -- |
| 06/16/2021 06/16/21 | Price Changed | $1,450,000 | +7.4% | -- |
| 06/02/2021 06/02/21 | For Sale | $1,350,000 | 0.0% | -- |
| 05/27/2021 05/27/21 | Price Changed | $1,350,000 | -3.2% | -- |
| 05/26/2021 05/26/21 | Pending | -- | -- | -- |
| 10/13/2020 10/13/20 | Off Market | $1,395,000 | -- | -- |
| 10/13/2020 10/13/20 | For Sale | $1,395,000 | 0.0% | -- |
| 02/19/2020 02/19/20 | Off Market | $1,395,000 | -- | -- |
| 02/19/2020 02/19/20 | For Sale | $1,395,000 | 0.0% | -- |
| 07/25/2018 07/25/18 | Off Market | $1,395,000 | -- | -- |
| 12/19/2017 12/19/17 | For Sale | $1,295,000 | -- | -- |
Source: Regional Multiple Listing Service (RMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $795,000 | Wte |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $601,032 | Commercial |
Source: Public Records
Similar Property in the area
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 17424374
APN: R503280
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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