Lot 6 SE Marine Avenue, Lincoln City, OR 97367 | MLS #LC-104347 | Cascade Hasson Sotheby’s International Realty

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Listing provided courtesy of Berkshire Hathaway Homeservices NWMLS# LC-104347MLS ProviderSource MLS Verified
  • 188 days on site
  • 1 views

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.

Source: Tillamook MLS, MLS#: LC-104347

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  • Property Type
    Land
  • Lot
    3.70 acres

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  • Median Age
    55
  • Population Density
    231
  • College Educated
    35%
  • Estimated Median Income
    $46,563
  • Estimated Total Home Owners
    2,808
  • Estimated Total Renters
    1,706
  • Owner / Renter Divide
    62% / 38%
  • Estimated Average Household Size
    2
  • Total Population
    10,023
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
2/20/2026Source: Tillamook MLS Status Change
Pending
1/5/2026Source: Tillamook MLS Added to Database
July 10, 2025
1/5/2026Source: Tillamook MLS Price Reduction
$500,000 -13.3%