$575000
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Bed
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Bath
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SqFt
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192 DOM
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Built:
- Status: Off Market
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Krishna Regupathy
Principal Broker
(503) 893-8874Opportunities like this are rare — and this .48-acre parcel in one of the Oregon Coast’s most desirable destinations will be off the market in just one week. For investors, builders, and developers seeking flexibility, location, and income potential, this is the moment to act.Ideally located within walking distance to historic shops, restaurants, and the beach, this site combines convenience with coastal charm. Zoned RM (Multiple-Unit Residential), the property allows for a wide range of uses: townhomes, duplexes, multi-family dwellings, single-room occupancy units, tiny home communities, or ADU clusters. It’s equally suited for long-term rentals or high-demand vacation housing.The RM zone supports 15 dwelling units per acre, giving this parcel the scale for a mid-sized project. Height allowances of up to 35 feet for primary structures (40 feet for conditional uses) and 25 feet for accessory buildings provide design flexibility. With city water and utilities already available, development can move forward more efficiently.For investors, this parcel checks every box: strong rental demand, limited housing supply, and a thriving tourism market. Builders will value the zoning advantages, density support, and opportunity to create a project that works across multiple strategies — from steady rental cash flow to resale potential.Architectural concepts are available to help bring your vision into focus. Whether you imagine modern townhomes, a boutique vacation rental community, or a creative housing mix, this lot offers the blank canvas to make it real.But time is running out — with just a week left on the market, now is the time to secure one of Lincoln City’s most versatile and promising parcels.Buyer to conduct due diligence with the city regarding specific uses and development standards.
Listing Provided Courtesy of Chad Anderson, Oregon Life Homes
General Information
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664179890
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MultiFamily
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192 DOM
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0.48 acres
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R-M
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Lincoln
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R282970
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Other
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Other
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Other
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Land
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MultiFamily
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PROPERTY ID R282970 RAYMOND TOWNSITE, BLOCK 21, LOT 2,3 & PTN OF
Listing Provided Courtesy of Chad Anderson, Oregon Life Homes
Krishna Realty data last checked: Sep 27, 2025 20:46 | Listing last modified Sep 22, 2025 07:44,
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