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SE 31st Street SE 31st Street
Lincoln City, OR 97367
Lincoln City - SE 31st Street · Land For Sale
·
30.30 AC


Investment Highlights
- New Medium-Density R-M Zoning
- Master-Planned Community Potential
- Signalized Highway 101 Access
- Seller-Carried Financing Available
Executive Summary
This offering consists of ±30.3 acres of undeveloped, medium-density residential land, positioned in a private wooded setting at the eastern end of SE 31st Street.
The property has recently secured the following entitlements:
A Comprehensive Plan Map Amendment from R-7.5 to R-M (Multiple-Unit Residential)
A Zoning Change from R-1-7.5 to R-M
These approvals expand development capacity and allow for a diverse mix of housing types, including multi-unit buildings, townhomes, cottage clusters, duplexes, and tiny-home communities.
The site benefits from an existing easement to SE 32nd Street, providing direct access to a signalized Highway 101 intersection—an uncommon competitive advantage for a land parcel of this size.
The property comprises two contiguous tax lots and is adjacent to significant community amenities, including Taft High School, Taft Elementary School, and the 20-acre Spyglass Ridge Trailhead Park.
A concept plan utilized during the rezone amendment process illustrates opportunities for ocean-view positioning, walkable greenspace integration, and trail connections, laying the groundwork for a cohesive, master-planned residential community.
The seller is open to seller-carried financing for qualified developers. Inquire with the broker regarding an additional 44 acres available for sale immediately north of these parcels.
The property has recently secured the following entitlements:
A Comprehensive Plan Map Amendment from R-7.5 to R-M (Multiple-Unit Residential)
A Zoning Change from R-1-7.5 to R-M
These approvals expand development capacity and allow for a diverse mix of housing types, including multi-unit buildings, townhomes, cottage clusters, duplexes, and tiny-home communities.
The site benefits from an existing easement to SE 32nd Street, providing direct access to a signalized Highway 101 intersection—an uncommon competitive advantage for a land parcel of this size.
The property comprises two contiguous tax lots and is adjacent to significant community amenities, including Taft High School, Taft Elementary School, and the 20-acre Spyglass Ridge Trailhead Park.
A concept plan utilized during the rezone amendment process illustrates opportunities for ocean-view positioning, walkable greenspace integration, and trail connections, laying the groundwork for a cohesive, master-planned residential community.
The seller is open to seller-carried financing for qualified developers. Inquire with the broker regarding an additional 44 acres available for sale immediately north of these parcels.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 30.30 AC |
| Zoning | R-M - R-M (Multiple-Unit Residential) | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Commercial |
| Total Lot Size | 30.30 AC |
| Zoning | R-M - R-M (Multiple-Unit Residential) |
1 Lot Available
Lot
| Price | $2,187,568 CAD | Lot Size | 30.30 AC |
| Price Per AC | $72,196.97 CAD |
| Price | $2,187,568 CAD |
| Price Per AC | $72,196.97 CAD |
| Lot Size | 30.30 AC |
This offering consists of ±30.3 acres of undeveloped, medium-density residential land, positioned in a private wooded setting at the eastern end of SE 31st Street. The property has recently secured the following entitlements: A Comprehensive Plan M
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