NOT LISTED FOR SALE

T/L 7900 Pacific Ave Pacific City, OR 97112

6 Acres
-- Price per Acre
250,470 Sq Ft Lot

Last Sold April 30, 2021

Last sale price $2,875,000

Highlights

  • Ocean Front
  • Level Lot
  • 1-minute walk to Bob Straub State Park

About This Lot

As of April 2021

UNTAPPED POTENTIAL in ''The Happening Place'' on the OR Coast! Pacific City Oceanfront Development Opportunity! Buy all or individually. 1.77 acres is pristine ocean frontage with rare 360 degree views of river & mountains too. Approx. a total of 5.75 acres zoned C-1 & R-2. Includes an income producing 4-plex & commercial zoned house currently occupied as a kite shop. Terrific investment with many usage possibilities This is the last large piece in Pacific City currently available for development now or landbank for future use. One of the listing agents is a licensed realtor in the state of Oregon.

Last Agent to Sell the Property

John Iwamura

JKI Realty Brokerage Email: john@loveoceanfront.com License #200504515 Listed on: 10/31/2020

Co-Listed By

Avette Gaiser

JKI Realty Brokerage Email: john@loveoceanfront.com License #780301662

Last Buyer's Agent

Out of Area

OUT OF AREA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,575

Lot Details

  • 5.75 Acre Lot
  • Ocean Front
  • Level Lot
  • Property is zoned PCW-R2 Pacific City Residential

Property Views

  • Ocean
  • Mountain

Additional Features

  • Electricity Available at Street
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 07900
  • Assessor Parcel Number 4S1124DD-7900 et al

Property Details

Property Type

Land

Est. Annual Taxes

$10,575

Lot Details

0

Listing Details

  • Property Sub Type: Land - Commercial
  • Prop. Type: Land-Commercial
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 5.75
  • Lot Size Sq Ft: 250470.0
  • Road Surface Type: Paved
  • Directions: Pacific City to Brooten Rd. at the 4 way stop take a left on Pacific Ave. over the bridge to the corner of Cape Kiwanda Dr. and Pacific Ave.
  • Attribution Contact: john@loveoceanfront.com
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Mountain
  • General Property Description:_pound_ of Acres: 5.75
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 07900
  • Miscellaneous Survey: No
  • Topography:Level: Yes
  • Topography:Sloped: Yes
  • Water:At Street: Yes
  • Electric:At Street2: Yes
  • Sewer:City Street2: Yes
  • Topography:Rolling: Yes
  • Gas:None6: Yes
  • Special Features: VirtualTour

Exterior Features

  • View: Ocean

Utilities

  • Utilities: Natural Gas Not Available
  • Water Source: At Street

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 4S1124DD-7900 et al
  • Zoning: PCW-R2 Pacific City Residential

Tax Info

  • Tax Annual Amount: 10574.8
  • Tax Year: 2019

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
04/30/2021 04/30/21 Sold $2,875,000 -24.1% --
10/31/2020 10/31/20 Pending -- -- --
10/31/2020 10/31/20 For Sale $3,789,000 -- --
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 20-2363