Property Description
Build a duplex on this 5,009 sq ft lot in the heart of North Lincoln City at the top of the city’s highest hill, wellout of tsunami or flood zones. Possible ocean views due to a high 35ft height allowance. Might also be used to place 4 tiny homes based upon the City’s ordinance for multifamily zoning that goes into effect September 9, 2020. Per City one side might be rented out as a VRD for up to 30 days per year or live in one and rent the other. Have family and wish to vacation together? A duplex might be a great option. Check with Lincoln City Planning for use and building restrictions and requirements. Close to shops, restaurants, casino and just blocks from the open outdoor enjoyment of Lincoln City beaches. City Sewer is at street within 400 feet but not at lot. Buyer due diligence.
- Status Active
- City Lincoln City
- County Lincoln
- State Oregon
- Major Area Lincoln City
- Subdivision Raymond Townsite
- Parcel Number 071110DA-6700-00
- U.S. Highway 101 East Side
- Property Type Land Residential
- Street Surface Paved
- Lot Acres 0.12
- Topography Level
- Frontage None
- Zoning R-M Residential, Multifamily
- Water At Street
- Sewer City Street
- Electric At Street
- Gas None
- Bank/Lender Owned No
- Seller's Terms 1031, Cash
- Price $45,000
- Taxes $378
- Tax Year 2019
- MLS Number 20-1915
- Phone Number (541) 265-8785
- Directions Highway 101 to NE 17. Right on NE Oar. Property on left after communications tower.
- Cross Street NE 16th
Taylor & Taylor Realty Company is the listing office. Call Martek Real Estate at (541) 265-8785 to see this property or obtain more information.
