Bought with Taylor & Taylor Realty Co.
$1,057,000
$1,400,000
24.5%For more information regarding the value of a property, please contact us for a free consultation.
4.79 Acres Lot
SOLD DATE : 07/15/2024
Key Details
Sold Price $1,057,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Thecoveatlincolncity
MLS Listing ID 24277544
Sold Date 07/15/24
Annual Tax Amount $10,703
Tax Year 2022
Lot Size 4.790 Acres
Property Description
Create your own neighborhood! The Cove at Lincoln City distinctive townhome development in the heart of Lincoln City, close to charming beaches, cozy & exciting eateries, easy drive to Casino, shopping &all that Coastal living offers. Currently there are numerous local employment opportunities given the continued growth in the medical, educational, construction, hospitality and other service industries since the recent boom in full-time resident population and steady increase in tourism at the Coast. In response to the mass-market affordable housing need, Per News Guard Article 6-2023, more than $36.1MM is currently being invested in new housing developments in Lincoln City - mostly in apartments. The market is calling for more homes for people to buy! Lincoln City is growing. The Cove at Lincoln City Phase II is comprised of lots 9/10, 11/12, 15/16, 17/18, 19/20, 21/22, 23/24, 25/26 & 27/28 equaling 9 buildable lot pairs + a half-acre common area lot. No HOA currently & No CC&Rs yet filed. Inquire for plat map / survey and tour. Seller could carry note upon accepted offer and review of credit / terms. See listing 24073921 for info on how to purchase Lot 6800 (Phase III Permited)
Location
State OR
County Lincoln
Area _200
Zoning R-M
Exterior
Utilities Available ElectricityAvailable, NaturalGasAvailable, PublicSewer, WaterAvailable
Waterfront No
View Territorial
Garage No
Building
Lot Description Cleared
Schools
Elementary Schools Taft
Middle Schools Taft
High Schools Taft
Others
Acceptable Financing Cash, Conventional, OwnerWillCarry
Listing Terms Cash, Conventional, OwnerWillCarry
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Principal Broker | Lic# 910900068