$2,950,000

Ocean-view development property in Lincoln City located in the Nelscott Gap Neighborhood and within UGB. City has indicated interest in a mix of multi-family and single-family dwellings with possibility of higher density. Light retail component also may be a possibility. Sewer line was stubbed in during recently Hwy 101 expansion. TIF has been set up for future commuter road. Property will need to be annexed into the city. Sellers have completed a lot of engineering and design work. Last entitlement steps need to be taken to make this an amazing development. Two tax parcels total 44 acres and can be sold as a whole or separately with possibility of further subdivision. Seller will consider joint venture and is flexible. See MLS #24-1066 & 24-1067.

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Land
• Architectural Style: Other
• Home size: 0 ft² / 0.00 m²
• MLS: 21-1220
• Status: Active

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