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4000 NW Blk 40th St, Lincoln City
$795,000
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- Lot size
- 3.89 acres
- Property type
- Land
- Days on market
- 3,230
Overview
Prime 3.89 acre ocean view property, offering an exceptional opportunity for hotel, motel, or resort development. With ocean views, close proximity to the casino, and just moments from beach access, shopping, and dining, this location is ideally positioned to serve visitors and capitalize on strong coastal tourism demand. Zoned R-C Recreation Commercial and priced at $5.78 per square foot, this site allows for a wide range of approved uses as verified with the City of Lincoln City, including apartments, condominiums, hotels, motels, timeshares, and senior retirement housing. The property offers excellent visibility and convenient access from Highway 101, making it well suited for both destination and long-term residential or hospitality projects. All utilities are available at the street. Seller is open to seller financing. Submit all offers and explore the potential this premier coastal development site has to offer.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 3.89 acres
- Lot features
- Brush, Ocean Beach ¼ Mile or Less, Trees
- View
- Yes
- View description
- Ocean, Trees / Woods
Schools
- High school
- Taft
- Middle school
- Taft
- Elementary school
- Oceanlake
Location
- City
- Lincoln City
- County
- Lincoln
- Zoning
- RC
- Subdivision
- Lincoln Shre Str Rst
Taxes and dues
- Annual taxes
- $11,328 (2026)
Location
4000 NW Blk 40th St, Lincoln City, OR 97367
Monthly payment estimate
$5,175 /mo
- Principal and interest
- $4,231
- Property tax (2026)
- $944
- Total
- $5,175
Estimate only, and not an offer of credit. Assumes 20% down ($159,000) 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.
