Active
Courtesy of Taylor & Taylor Realty Co.
11.15 Acres
5000 NW Blk Logan Rd, Lincoln City
$880,000
PendingMLS®: 199819500
- Lot size
- 11.15 acres
- Property type
- Land
- Days on market
- 0
Overview
Located in NW Lincoln City, development opportunity! This property is total of 11.15 acres zoned R1-A Residential, with plans proposed for 71 units, with community park, currently located in the Lincoln County boundaries. Buyer to work with the City of Lincoln City on Annexation agreement into the City during due diligence period and verification of any utilities. Close to all of the amenities such as shopping, dining, casino, and miles of sandy beaches making this an excellent location for development opportunities.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 11.15 acres
- Lot features
- Brush, Hilly, Terraced
- View
- Yes
- View description
- Trees / Woods
Schools
- High school
- Taft
- Middle school
- Taft
- Elementary school
- Oceanlake
Location
- City
- Lincoln City
- County
- Lincoln
- Zoning
- R1A
- Subdivision
- N/A
Taxes and dues
- Annual taxes
- $9,114 (2025)
Location
5000 NW Blk Logan Rd, Lincoln City, OR 97367
Monthly payment estimate
$5,443 /mo
20% · $176,000
7.00%
- Principal and interest
- $4,684
- Property tax (2025)
- $759
- Total
- $5,443
Estimate only, and not an offer of credit. Assumes 20% down ($176,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
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