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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

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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.

Property Facts

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
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

  • Listing ID: 39109917

  • Date on Market: 2026-01-16

  • Last Updated:

  • Address: SE 31st Street SE 31st Street, Lincoln City, OR 97367

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