Address
1500-1600 Blk Ne Oar Avenue 8 Lots, Lincoln City, OR
Price
$ 499,000
Property Attributes
- MLS#LC104228
- TypeSingle Family
- Listing Status Active
- CountyLINCOLN
- CityLincoln City
- NeighborhoodRaymond Townsite
- Zip97367
- Style
- Taxes$ 3995
- Price$ 499,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.03 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property 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. Property is located within the "Opportunity Zone" Call City of Lincoln City Economic Development Dept. for additional information.
| Price History | |
|---|---|
| 12/29/2025 | Listed $499,000 |
General Features
| Utilities | Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available |
|---|---|
| Development Status | Proposed |
| Zoning | R-M Residential,Multifamily |
| Property Subtype | Residential |
| Tax Year | 2025 |
| Additional Parcels Description | 8 parcels total. Also includes: 071110DA-8202,071110DA-8400,071110DA-8500,071110DA-8600,071110DA-8601,071110DA-8701,071110DA-8702 |
| County | Lincoln |
| Property Type | Land |
| HOA | No |
| Subdivision Name | Raymond Townsite |
| Status | Active |
| Directions | Hwy 101 to NE 22nd St to NE Oar to NE 15th & 16 St. |
| City | Lincoln City |
| Senior Community Y/N | No |
| Lot Size Units | Acres |
| Lot Size Square Feet | 44866.8 |
| Land Lease Y/N | No |
| Tax Annual Amount | 3995.66 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| New Construction | None |
| Heating@Core.Permissions | None |
| HeatingYN@Core.Permissions | None |
Exterior Features
| Lot Features | Level,Sloped |
|---|---|
| Water Source | Public |
| Lot Size Area | 1.03 |
| Spa | No |
| Lot Size Acres | 1.03 |
| Road Surface Type | Paved |
| Road Frontage Type | City Street |
| Other Equipment | None |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 97367
Price
Taxes
Visits
Southern Oregon Multiple Listing Service All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2017 All rights reserved.
