Lincoln City - SE 31st Street — Sale in Lincoln City, OR

  • Price: $1.6M
  • Listing type: For sale
  • Asset type: Business
  • Location: Lincoln City, OR 97367

Description

This offering consists of ±30.3 acres of undeveloped, medium-density residential land, positioned in a private wooded setting at the eastern end of SE 31st Street. The property has recently secured the following entitlements: A Comprehensive Plan Map Amendment from R-7.5 to R-M (Multiple-Unit Residential) A Zoning Change from R-1-7.5 to R-M These approvals expand development capacity and allow for a diverse mix of housing types, including multi-unit buildings, townhomes, cottage clusters, duplexes, and tiny-home communities. The site benefits from an existing easement to SE 32nd Street, providing direct access to a signalized Highway 101 intersection—an uncommon competitive advantage for a land parcel of this size. The property comprises two contiguous tax lots and is adjacent to significant community amenities, including Taft High School, Taft Elementary School, and the 20-acre Spyglass Ridge Trailhead Park. A concept plan utilized during the rezone amendment process illustrates opportunities for ocean-view positioning, walkable greenspace integration, and trail connections, laying the groundwork for a cohesive, master-planned residential community. The seller is open to seller-carried financing for qualified developers. Inquire with the broker regarding an additional 44 acres available for sale immediately north of these parcels. Land Size: 30.3 Ac | Listing Type: FOR SALE

Market Context

This commercial property in Lincoln City, OR is listed for sale at $1,600,000. It has been on the market for 70 days. Compare it against other commercial property listings for sale in Lincoln City, OR — view the full market.

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