TL 5000 SE Inlet Avenue, Lincoln City, OR 97367

$75,000
Property Type: Land Lot Size (sq. ft.): 4,792 Status: Closed
Current Price: $75,000 List Date: 11/06/2024 Last Modified: 3/12/2026

Overview

Description

This lovely lot offers opportunities not found on the average residential lot - Because of its' R-M zoning, you can have more than one residence on it !! In addition to building your dream house, you could potentially have a free-standing guest house or duplex, triplex, etc.. . You could use them all for your own purposes from the start or let them set idle. BUT if at any time your finances need back-up funds, you can rent them out for residential purposes, bringing in extra rent money. Conveniently located next to the amenities such as; restaurants, mall, parks, schools, gift shops, and of course Oregon's stunning beaches. Utilities are at the street. All plans are subject to city approval. Seller is an inactive real estate broker in the state of Oregon.

Listing Details MLS# LC-102524

Listing Information

Listing Association Name
Lincoln County BOR
Property Sub Type
Residential

Status Change Information

Price Change Timestamp
2024-12-22T05:57:41Z
Status Change Timestamp
2025-05-16
Purchase Contract Date
2025-05-01
Close Date
2025-05-16
Close Price
75000

Address

Street Number
TL 5000
Street Direction Prefix
SE
Street Name
Inlet
Street Suffix
Avenue
County
Lincoln
State
OR
Postal Code
97367
Directions
Heading north on hwy 101 take a right onto se 9th st, left onto se inlet ave, lot will be on the right hand side. Next to 526 SE Inlet Ave.
Parcel Number
071115DA-5000-00

Contract

Begin Date
2024-11-01
Listing Agreement
Exclusive Right To Sell
Listing Service
Full Service
List Price/Acre
772727.27
Sold Price/Acre
681818.18

Tax Legal

Subdivision Name
Lake Wood
Tax Annual Amount
505.27
Tax Year
2023
Zoning
R-M Residential, Multifamily
Tax Lot
5000
Tax Map Number
071115DA

Lot

Lot Size Acres
0.11
Lot Size Square Feet
4791.6

More Information

Remarks

Lincoln Public Historical Details
Manufacturing Allowed: Unknown, Grade: Above Grade, Specially Assessed: No

Land Details

Corner Stakes
No
Survey Completed
No

Additional Tax and Location Information

Highway 101
East Side
Neighborhood Code
LENB
Property Tax ID #
R233703
Tax District
402

Historical Details

Historical MLS Number
24-2380

Tax & Legal

CC&R's
No

Association/Community

Senior Community YN
No

Utilities

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes

Lot Features

Sloped
Yes

Road Surface Type

Paved
Yes

Water Source

Public
Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available Listing Terms: 1031 Exchange; Cash Lot Features: Sloped Road Surface Type: Paved Water Source: Public
Listing Office: Kelly Right Real Estate of Portland
Source MLS Verified
Last Updated: March - 12 - 2026
Information deemed reliable but not guaranteed.