Water Views - Seller Financing
Address
4000 Blk Nw 40th Street, Lincoln City, OR
Price
$ 795,000
Property Attributes
- MLS#LC88398
- TypeSingle Family
- Listing Status Active
- CountyLINCOLN
- CityLincoln City
- NeighborhoodLincoln Shore Star Resort
- Zip97367
- Style
- Taxes$ 15331
- Price$ 795,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size3.89 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property Description
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 $5.28 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.
| Price History | |
|---|---|
| 12/29/2025 | Listed $1,000,000 |
| 2/20/2026 | 3$979,000 |
| 4/12/2026 | 9$895,000 |
| 5/16/2026 | 12$795,000 |
General Features
| Utilities | Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available |
|---|---|
| Possession | Close Of Escrow |
| Development Status | Raw Land |
| Zoning | RC - Recreational Commercial |
| View | Ocean,Other |
| Property Subtype | Commercial |
| Tax Year | 2025 |
| Community Features | Curbs,Sidewalks |
| County | Lincoln |
| Property Type | Land |
| HOA | No |
| Subdivision Name | Lincoln Shore Star Resort |
| Status | Active |
| Directions | Hwy 101 to NW 40th St. to property. |
| City | Lincoln City |
| Senior Community Y/N | No |
| High School District | Lincoln County School District |
| Lot Size Units | Acres |
| Lot Size Square Feet | 169448.4 |
| Land Lease Y/N | No |
| Tax Annual Amount | 15331.5 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| New Construction | None |
| Heating@Core.Permissions | None |
| HeatingYN@Core.Permissions | None |
Exterior Features
| Lot Features | Sloped,Wooded |
|---|---|
| Water Source | Public |
| Lot Size Area | 3.89 |
| Spa | No |
| Lot Dimensions | 271 x 590 x 280 x 590 |
| Lot Size Acres | 3.89 |
| Road Surface Type | Asphalt,Paved |
| Road Frontage Type | City Street |
| Other Equipment | None |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 97367
Price
Taxes
Visits
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLSTM.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than NextHome Realty Connection are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 12, 2026 2:37 PM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Copyright © 2026 WVMLS. All Rights Reserved. Information last updated on September 12, 2026 6:57 PM UTC
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
