NOT LISTED FOR SALE

Block 1400 SE Marine Ave Lincoln City, OR 97367

4.79 Acres
-- Price per Acre
208,652 Sq Ft Lot

Last Sold July 15, 2024

Last sale price $1,057,000

259 Days on Market

About This Lot

As of July 2024

The Cove at Lincoln City Phase II and Phase III [Phase II is comprised of lots 9/10, 11/12, 15/16, 17/18, 19/20, 21/22, 23/24, 25/26 & 27/28 equaling 9 buildable lot pairs + a half-acre common area lot. Phase III is R531656 / Lot #6800 approved to develop into 40 lots]. No HOA currently & No CC&Rs yet filed. Inquire for plat map / survey and tour. Create your own neighborhood! The Cove at Lincoln City is a distinctive townhome development in the heart of Lincoln City, close to charming beaches, cozy & exciting eateries, easy drive to Casino, shopping and all that Coastal living offers. Currently there are numerous local employment opportunities given the continued growth in the medical, educational, construction, hospitality and other service industries since the recent boom in full-time resident population and steady increase in tourism at the Coast. In response to the mass-market affordable housing need, Per News Guard Article 6-2023, more than $36.1MM is currently being invested in new housing developments in Lincoln City - mostly in apartments. The market is calling for more homes for people to buy! Lincoln City is growing. See listing 23-1982 for info on purchasing only Phase II. See listing 23-1976 for info on purchasing only Phase III. Seller could carry note upon accepted offer and review of credit / terms.

Last Agent to Sell the Property

Sarah Johnson

Taylor & Taylor Realty Company License #201212037 Listed on: 10/14/2023

Last Buyer's Agent

Dennis Regen

Taylor & Taylor Realty Company License #810604051

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,059

Lot Details

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

Utilities

  • Gas Available at Street

Listing and Financial Details

  • Tax Lot 7800
  • Assessor Parcel Number 071122AA-7800-00

Community Details

Overview

  • No Home Owners Association
  • The Cove At Lincoln City Subdivision

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$14,059

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 4.79
  • Lot Size Sq Ft: 208652.4
  • Road Surface Type: Paved
  • Subdivision Name: The Cove at Lincoln City
  • Directions: Highway 101 to SE 14th Street. Right (South) on SE Marine to lots.
  • 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:_pound_ of Acres: 4.79
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 7800
  • Miscellaneous Survey: Recorded
  • Miscellaneous:Manufactured Allowed: No
  • Topography:Level: Yes
  • Water:At Street: Yes
  • Electric:At Street2: Yes
  • Gas:At Street3: Yes
  • Sewer:City3: Yes
  • Topography:Rolling: Yes
  • Special Features: None

Exterior Features

  • View: None

Utilities

  • Utilities: Natural Gas Available
  • Water Source: At Street

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071122AA-7800-00
  • Zoning: R-M Residential, Multifamily

Tax Info

  • Tax Annual Amount: 14059.46
  • Tax Year: 2022

Range of Values:

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Average Value
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List Price
Sold Price
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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
07/15/2024 07/15/24 Sold $1,057,000 -24.5% --
06/30/2024 06/30/24 Pending -- -- --
10/14/2023 10/14/23 For Sale $1,400,000 -- --
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sarah Johnson

    Seller's Agent in 2024

    Sarah Johnson

    Taylor & Taylor Realty Company

    (541) 921-9236

    160 Total Sales

    Section Image
  • Dennis Regen

    Buyer's Agent in 2024

    Dennis Regen

    Taylor & Taylor Realty Company

    (541) 994-4169

    663 Total Sales

    Section Image
  • Korey Hazard

    Buyer Co-Listing Agent in 2024

    Korey Hazard

    Taylor & Taylor Realty Company

    (541) 961-7519

    323 Total Sales

    Section Image
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Map

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

MLS Number: 23-1987

Oregon Lincoln County Lincoln City 97367

Block 1400 SE Marine Ave, Lincoln City, OR

This home is located at Block 1400 SE Marine Ave, Lincoln City, OR 97367 since 14 October 2023. Block 1400 SE Marine Ave is a home located in Lincoln County with nearby schools including Taft Elementary School, Oceanlake Elementary School, and Taft High School.

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