1. Oregon
2. Lincoln City
3. 1500 1600 Blk NE Oar Ave

1500 1600 Blk NE Oar Ave, Lincoln City, OR 97367

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.

Listing Status:

Active

Date Added:

June 29, 2025 at 05:00AM

Listing Office:

Taylor & Taylor Realty Co. : 541-994-9111

Listing Agent:

Dennis Regen : 541-994-4169

MLS ID:

576406118

Exterior

• General: None

Location

Lot

Utilities

Financial

This listing courtesy of Dennis Regen, Taylor & Taylor Realty Co.