Bring your vision to this unique .18-acre Lincoln City property where much of the groundwork is already in place! Water, sewer and electricity are on the property, along with an existing slab where a single-wide manufactured home once stood, creating an exciting opportunity for a future coastal home or getaway. Unlike a typical vacant lot, this property already offers established outdoor spaces surrounded by mature evergreens and greenery, giving it a wonderfully private, tucked-away feel. Garden areas, a greenhouse, additional storage sheds and outdoor gathering spaces add character and functionality, with plenty of room to imagine gardens, outdoor entertaining or simply enjoying your own peaceful piece of the Oregon Coast. One of the property's standout features is the 720-square-foot garage, fully insulated with sheet rock, water, power and work benches already in place. A 10-foot-wide by 8-foot-tall garage door, with opener provides excellent access and versatility for vehicles, recreational gear, a workshop, hobbies, projects, additional storage, or potentially convert into a small home or apartment. It's a substantial improvement that adds immediate usefulness while you make plans for the rest of the property. Existing concrete areas provide even more usable space, and the property's established improvements give a future owner a great starting point. Whether your vision includes a manufactured home, new construction or a coastal retreat, 550 SE Reef Avenue offers something increasingly hard to find—a beautiful lot with utilities already in place, a substantial finished garage, useful existing improvements, mature surroundings and room to create something uniquely your own. Come walk the property and imagine the possibilities!
Active - bumpable
$225,000
550 SE Reef Ave, Lincoln City, OR 97367
--beds
0baths
7,840Square Feet
Land
Built in ----
7,840 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Wonderfully private tucked-away feelOutdoor gathering spacesPlenty of roomMature surroundingsGarden areas
- 82 days
- 22
- 0
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Shelli R. Neal 541-921-3306,
Realty One Group At the Beach,
Source: OCMLS,MLS#: 26-2275
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Features
- Exterior features: RV Hookup
- Fencing: Partial
Lot
- Size: 7,840 Square Feet
- Features: Level
Details
- Parcel number: 071114CB2000000
- Zoning description: R-R Recreation Residential
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lincoln City
Financial & listing details
- Tax assessed value: $210,390
- Annual tax amount: $1,995
- Date on market: 8/28/2026
- Listing terms: Cash,Other
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Contingent | $225,000 |
Source: | ||
| 8/28/2026 | Listed for sale | $225,000 |
Source: | ||
| 8/28/2026 | Pending sale | $225,000 |
Source: | ||
| 8/15/2026 | Listed for sale | $225,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,966 +1.6% | $119,700 +3% |
| 2024 | $1,936 +2.8% | $116,220 +3% |
| 2023 | $1,882 +2.9% | $112,840 +3% |
| 2022 | $1,830 -4.7% | $109,560 +3% |
| 2021 | $1,919 | $106,370 |
Find assessor info on the county website








