Prime Development Opportunity - SE Marine Ave, Lincoln City, OR 97367 Bring your vision to life on this exceptional residential multifamily-zoned property in the heart of Lincoln City. Located just minutes from the beach, popular restaurants, shopping, and the casino, this land offers endless potential and is the perfect canvas for a lucrative housing development. The property comes with approved development plans and engineering for a mix of 5 fourplexes, 3 triplexes, and 5 duplexes—offering a rare opportunity to create an entire neighborhood or a phased investment project. Whether you're looking to build townhomes, multifamily rentals, or entry-level housing for buyers, this property is ready to deliver. Topography, site engineering, and architectural plans are included, helping you accelerate the path to groundbreaking. Previously envisioned as The Cove at Lincoln City, the concept was designed to meet the growing need for quality housing along the Oregon Coast.
Pending
$500,000
LOT 6 SE Marine Ave, Lincoln City, OR 97367
--beds
0baths
3.7Acres
:
Get pre-qualified$3,394/mo
Land
Built in ----
3.7 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 195 days |
- 6 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
David Stribling 541-537-2377,
Berkshire Hathaway Homeservices NW,
Kaitlin J O'Kane 541-921-4828,
Coastal Luxury Real Estate
Source: OCMLS,MLS#: LC-104347
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 3.7 Acres
- Features: Rolling Slope
Details
- Parcel number: R531656
- Zoning description: R-M Residential, Multifamily
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Not Available, Water Not Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lincoln City
Financial & listing details
- Annual tax amount: $3,550
- Date on market: 1/27/2026
- Listing terms: Cash,Contract
- 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 |
|---|---|---|
| 2/21/2026 | Pending sale | $500,000 |
Source:  OCMLS #LC-104347 Report a problem | ||
| 11/2/2025 | Price change | $500,000-13.3% |
Source: OCMLS #25-1587 Report a problem | ||
| 7/11/2025 | Listed for sale | $577,000 |
Source: OCMLS #25-1587 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97367
Nearby schools
GreatSchools rating
- 6/10Taft Elementary SchoolGrades: 3-6Distance: 1.5 mi
- 6/10Taft Middle SchoolGrades: 7-8Distance: 1.5 mi
- 3/10Taft High SchoolGrades: 9-12Distance: 1.3 mi
- $439,0003 bd3 ba1.7k sqft1502 SE Marine Ave, Lincoln City, OR 97367Sold
- $439,0003 bd3 ba1.7k sqft1496 SE Marine Ave, Lincoln City, OR 97367New Construction
- $57,5003,049 sqftTl 24 Se Marine Ave, Lincoln City, OR 97367Lot/Land
- $57,5002,178 sqftTl 26 Se Marine Ave, Lincoln City, OR 97367Lot/Land
- $115,0004,791 sqftTl 27 28 Se Marine Ave, Lincoln City, OR 97367Lot/Land
- $57,5002,178 sqftTl 25 Se Marine Ave, Lincoln City, OR 97367Lot/Land
- $57,5002,178 sqftTl 23 Se Marine Ave, Lincoln City, OR 97367Lot/Land
- $335,4003 bd1 ba1.2k sqft1533 SE 16th St, Lincoln City, OR 97367Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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