SE 31st Street SE 31st Street - Lincoln City - SE 31st Street 30.3 Acres of Residential Land Offered at $2,204,000 CAD in Lincoln City, OR 97367

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.