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Listing provided courtesy of Taylor & Taylor Realty Co.- MLS# 17424374MLS ProviderContact Information: 541-994-9111

4000 NW Blk 40th STLincoln City, OR 97367

Vacant Land · 3.89 Acres
$795,000 Active

4000 NW Blk 40th ST Overview

Time on Site:
455 days
Visits:
7

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.

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4000 NW Blk 40th ST Facts & Features

  • Type Vacant Land
  • Lot 3.89 Acres

Details

General

School Information

  • Elementary School: Oceanlake
  • Middle Or Junior School: Taft
  • High School: Taft

Business Information

  • Current Use: RawLand

Location/Region

  • Country: US
  • County Or Parish: Lincoln
  • MLS Area Major: 200 - Lincoln County
  • Subdivision Name: Lincoln Shre Str Rst

Tax Information

  • Tax Annual Amount: 15331.5
  • Tax Year: 2025

General Information

  • Disclosures: Exempt
  • Listing Terms: Cash,Conventional,Owner Will Carry
  • Parcel Number: R503280
  • Property Sub Type: Industrial
  • Property Type: Land
  • Zoning: RC

Interior

Exterior

Lot Information

  • Lot Features: Brush,Ocean Beach 1/4 Mile or Less,Trees
  • Lot Size Acres: 3.89
  • Lot Size Dimensions: Irregular
  • Lot Size Square Feet: 169448.0
  • Road Surface Type: Paved

General Information

  • Other Structures: None
  • Utilities: CableAvailable,ElectricityAvailable,NaturalGasAvailable,PhoneAvailable,PublicSewer,WaterAvailable

4000 NW Blk 40th ST Neighborhood

Community

97367 (Lincoln City) Demographics

55
Median Age
231
Population Density (per sq. mile)
35%
College Educated
$46,563
Estimated Median Income
2,808
Estimated Total Home Owners
1,706
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4000 NW Blk 40th ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4000 NW Blk 40th ST Market Data

Based on the last 30 days in this zip code

$648,541
Average List Price
$372
Average Price per Square Foot
11
Properties Sold
116
Average Days on Market
436
Properties for Sale
Calculations provided by Reliance Network

4000 NW Blk 40th ST History

Date Event Value Agent
5/16/2026Source: Regional MLS Price Reduction
$795,000 -11.2%
4/12/2026Source: Regional MLS Price Reduction
$895,000 -8.6%
2/20/2026Source: Regional MLS Price Reduction
$979,000 -2.1%
5/16/2025Source: Regional MLS Price Reduction
$1,000,000 -9.1%
4/25/2025Source: Regional MLS Price Reduction
$1,100,000 -15.4%
3/31/2025Source: Regional MLS Added to Database
March 31, 2025