USAORLincoln CityRaymond Townsite1500 Ne Oar Ave
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1500 Ne Oar Ave, Lincoln City, OR

Real Estate

For Sale

Listed price in listed location currency (USD).
$499,000

000

MLS® 576406118

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Land
Size -
Garage No
Taxes $3,996
Days Active 164
Lot Size 1.03 acres
Approx. Age 
MLS® Number 576406118

Property Address: 1500 Ne Oar Ave, Lincoln City, OR, 97367

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number576406118
Laundry Level
Central VacNo
FireplaceNo
Acreage1.03
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 30, 2025List Date
$499,000List Price
  • Commute

Commute

Starting Address
Destination Address
1500 Ne Oar Ave, Lincoln City, OR

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