- – beds
- – baths
- – sqft
- ~1 acre lot
- – on site
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.
Last checked:
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Last updated Jun 30, 2025
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MLS# 576406118 —
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
Location
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Directions:Hwy 101 to NE 22nd St to NE Oar to NE 15th & 16 St.
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Latitude:44.976091
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Longitude:-124.008802
The Property
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Parcel Number:R309952
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Property Type:Land
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Property Subtype:MultiFamily
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Land Description:GentleSloping
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# of Lots:8
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Lot Features:Brush, Trees
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Lot Size Range:Acres1to3
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Lot Size Acres:1.03
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Lot Size SqFt:44866.0
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Zoning:RM
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Current Use:MultiFamily,RawLand,Residential
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View:true
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View Description:Territorial
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Waterfront:false
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Soil Condition:Native
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Soil Type Classification:Native
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Existing Structures:false
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Property Attached:false
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Additional Parcels:true
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Additional Parcels Description:8 lots
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Road Frontage:false
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Road Surface Type:Paved
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Perc Test Description:None
Listing Agent
- Contact info:
- Agent phone:
- (541) 994-4169
- Office phone:
- (541) 994-9111
Taxes
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Tax Year:2024
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Tax Legal Description:PROPERTY ID R309952 RAYMOND TOWNSITE, BLOCK 14, LOT 3,PTN OF, DOC200319113
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Tax Annual Amount:3934.29
Heating & Cooling
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Heating:false
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Cooling:false
Utilities
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Utilities:CableAvailable,SeeRemarks
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Internet Service Type:Cable
Schools
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Elementary School:Oceanlake
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Elementary School:Taft
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Middle Or Junior School:Taft
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High School:Taft
The Community
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Subdivision Name:RAYMOND TOWNSITE
Parking
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Attached Garage:false
Extra Units
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Other Structures:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/30/25
Jun 30, 2025
|
Listed / Active | RMLS | $499,000 |