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$979,000 -$21,000 (-2.1%) Price Reduced

  • For Sale
  • Active
  • Industrial
  • 3.89 Acres
  • Updated 9 hours ago
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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.

Full Property Details for 4000 NW Blk 40th St

General

  • Price: $979,000
  • Taxes: $15,331 (2025)
  • Status: Active
  • Type: Industrial
  • Source: RWMLS
  • MLS ID: 17424374
  • Updated: 2/20/2026
  • Added to Site: 2, 985 day(s) ago

Rental Information

  • Availability: Sale

Location

  • County: Lincoln
  • Subdivision: Lincoln Shre Str Rst
  • Driving Directions: Highway 101 to NW 40th Street. See sign. Property begins on the east behind the Shell station west.

School Information

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

Community

  • Community Name: 200 - Lincoln County

Utilities

  • Utility Description: Electricity Available, Natural Gas Available, Public Sewer, Water Available

Structural Information

  • Property Detached: Yes
  • Current Bldg. Use: Raw Land

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 3.89
  • Lot Size (Sq. Ft.): 169,448
  • Lot Size: 3 to 4.99 Acres
  • Lot Dimensions: Irregular
  • Frontage: Paved
  • Lot Features: Brush, Ocean Beach 1/4 Mile or Less, Trees

Financial Considerations

  • Tax Amount: $15,331.5
  • Tax Year: 2025
  • Terms: Cash, Conventional, Owner Will Carry

Disclosures and Reports

  • Legal Description: LINCOLN SHORE STAR RESORT, LOT 61, DOC201606491
  • Disclosures/Reports: Exempt
  • Property ID: R503280

Listed by Taylor & Taylor Realty Co. (541) 994-9111, Dennis Regen (541) 994-4169 and Taylor & Taylor Realty Co. (541) 994-9111, Korey Hazard (541) 961-7519

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Listing agents

— 4000 NW Blk 40th St —

  • Dennis Regen

    Taylor & Taylor Realty Co.

    541-994-9111

  • Korey Hazard

    Taylor & Taylor Realty Co.

    541-994-9111

541-994-9111

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

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NMLS#: 1598647

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Price & Sales History for 4000 NW Blk 40th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/20/2026
Price Reduced
$979,000
-2.1%
MLS
5/16/2025
Price Reduced
$1,000,000
-9.09%
MLS
4/25/2025
Price Reduced
$1,100,000
-15.38%
MLS
12/19/2017
Listed
$1,300,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Taylor & Taylor Realty Co. (541) 994-9111, Dennis Regen (541) 994-4169 and Taylor & Taylor Realty Co. (541) 994-9111, Korey Hazard (541) 961-7519

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Recent Sales near 4000 NW Blk 40th St

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1768 NW Lincoln Loop, Lincoln City, OR 97367 - Photo 1 Sold
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4000 NW Blk 40th St, Lincoln City, OR 97367 (MLS# 17424374) is a Industrial property with a lot size of 3.89 acres. 4000 NW Blk 40th St is currently listed for $979,000 and was received on December 19, 2017. Want to learn more about 4000 NW Blk 40th St? Do you have questions about finding other Industrial real estate for sale in Lincoln City? You can browse all Lincoln City real estate or contact a Coldwell Banker agent to request more information.

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