Prime North Lincoln City Development Opportunity! Recent changes to the City's conditions for master plan approval may make development of this 14.21-acre site significantly more feasible. This undisturbed, wooded property previously had an approved plat for 30 townhomes, although that approval has since expired. A buyer may explore reapplying for multi-family zoning and development approvals or consider the possibilities available under the property's current zoning. With 14.8 acres and a prior development concept already established, this property offers exciting potential for a builder, developer, or investor. Seller may consider Owner Will Carry (OWC) financing with a substantial down payment. Conveniently located near North Lincoln City amenities, including Chinook Winds Golf Course, Lighthouse Square, shopping, restaurants, entertainment, and the Pacific Ocean. A rare opportunity to acquire a sizable development parcel in one of the Oregon Coast's most desirable communities. Buyer to perform all due diligence regarding zoning, development potential, utilities, approvals, and permitted uses.
Listing courtesy of Taylor & Taylor Realty Company.