25
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Listed by Realty One Group At The Beach
$225,000
Est. payment /mo
7,840 Sqft Lot
New
550 SE REEF AVE SE #20000 Lincoln City, OR 97367
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Key Details
Property Type Vacant Land
Sub Type Residential Recreational
Listing Status Active
Purchase Type For Sale
MLS Listing ID 629294112
HOA Y/N No
Annual Tax Amount $2,026
Tax Year 2025
Lot Size 7,840 Sqft
Property Sub-Type Residential Recreational
Property Description
Bring your vision to this unique .18-acre Lincoln City property where much of the groundwork is already in place! Water, sewer and electricity are on the property, along with an existing slab where a single-wide manufactured home once stood, creating an exciting opportunity for a future coastal home or getaway.Unlike a typical vacant lot, this property already offers established outdoor spaces surrounded by mature evergreens and greenery, giving it a wonderfully private, tucked-away feel. Garden areas, a greenhouse, additional storage sheds and outdoor gathering spaces add character and functionality, with plenty of room to imagine gardens, outdoor entertaining or simply enjoying your own peaceful piece of the Oregon Coast.One of the property's standout features is the 720-square-foot garage, fully insulated with sheet rock, water, power and work benches already in place. A 10-foot-wide by 8-foot-tall garage door, with opener provides excellent access and versatility for vehicles, recreational gear, a workshop, hobbies, projects, additional storage, or potentially convert into a small home or apartment. It's a substantial improvement that adds immediate usefulness while you make plans for the rest of the property.Existing concrete areas provide even more usable space, and the property's established improvements give a future owner a great starting point.Whether your vision includes a manufactured home, new construction or a coastal retreat, 550 SE Reef Avenue offers something increasingly hard to find—a beautiful lot with utilities already in place, a substantial finished garage, useful existing improvements, mature surroundings and room to create something uniquely your own.Come walk the property and imagine the possibilities!
Location
State OR
County Lincoln
Area _200
Zoning R-R
Exterior
Utilities Available CableAvailable, ElectricityConnected, SewerConnected, WaterConnected
View Trees Woods
Garage No
Building
Lot Description Cleared, Wooded
Schools
Elementary Schools Taft
Middle Schools Taft
High Schools Taft
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Virtual Tour https://www.zillow.com/view-3d-home/bfebc7fb-debb-4330-af01-0fbca0f8c964?setAttribution=mls&wl=true&utm_source=dashboard
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