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Listed by Taylor & Taylor Realty Co. • 541-994-9111
Bought with Non Rmls Broker
Bought with Non Rmls Broker
$ 699,000
$ 699,000
Est. payment | /mo
7.13 Acres Lot
$ 699,000
$ 699,000
Est. payment | /mo
7.13 Acres Lot
Key Details
Sold Price $699,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23488225
Sold Date 08/13/25
Annual Tax Amount $102
Tax Year 2024
Lot Size 7.130 Acres
Property Sub-Type Multi Family
Property Description
Great development opportunity! Priced REDUCED at $2.25 per sq ft. Property is zoned R-M Residential Multi and was previously conditionally approved with the City of Lincoln City for 52 units. Buyer to check with Lincoln City Planning for conditions for re-approval. Seller has site plans which show building location, grading, etc. This site is centrally located in the Nelscott area of town featuring possible ocean view and is close to shopping, and dining. Motivated Seller. Submit all offers. Seller will consider owner financing for qualified Buyers.
Location
State OR
County Lincoln
Area _200
Zoning RM
Exterior
Utilities Available CableAvailable, ElectricityAvailable, NaturalGasAvailable, PublicSewer, WaterAvailable
View Ocean
Garage No
Building
Lot Description Public Road, Trees
Schools
Elementary Schools Taft
Middle Schools Taft
High Schools Taft
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Mitch Foteff
Partner | Lic# LIC# 201106062