Pacific Highlands

1206 SE 28th Street, Lincoln City, OR 97814

  • For Sale $2,850,000
  • Property Type VacantLand
  • Lot Size 43.49 Acre
  • Date Updated Mar 5, 2025
Located in Lincoln City, OregonPacific Highlands offers two adjacent parcels totaling roughly 44 acres. The site is located in the Lincoln City Urban Growth Boundary and within the newly created Nelscott Urban Renewal Area. The Area will have future funding available for expansion of infrastructure, and likely funding to support housing. With annexation, the Urban Renewal Agency will consider an “equitable share” of the transportation network provided on the property to Area- and community-wide systems. Pre-development costs can also be considered in partnership with experienced developers seeking to deliver a compelling project with shared vision. SDC fees may be deferred to Certificate of Occupancy for both market rate and Affordable multi-unit housing development. Recent Affordable Housing Developments now completed, lends a greater need for [AR1] housing types to serving 80%-120% AMI and workforce home ownership opportunities in mixed-income communities, when feasible. Boasting a consistent annual population growth of 1.31%, limited of suitable building land makes this site attractive. Off of Highway 101, close to schools, and commercial and tourists areas, Pacific Highlands is in the heart of Lincoln City. Only 30 minutes from Newport, 1 hour from Salem, and 2 hours from Portland, Lincoln City continues to deepen its economic base beyond tourism and is becoming an ever more popular retirement destination.
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Highlights

  • Within the Urban Growth Boundary (no ODOT hurdles) and part of the 240 acre Nelscott Gap Neighborhood plan
  • SDC deferral until CO
  • Accommodates multifamily development density up to 10 units per acre
  • City ready and willing to partner with the right developer
  • City will allows mixed use, apartments, SFRs, or a combination thereof
  • No affordability restrictions
  • Undeveloped portions of property may stay in forest deferral
  • Wetlands have been addressed; not in inundation zone
  • Ocean views from the higher portion
  • Appraisal supports valuation of $4.0 million
  • Seller carry for experienced developers

Contacts

broker

SVN | Imbrie Realty

Location

Getting Around

  • Walk Score ®

    38/100 Car-Dependent
  • Bike Score ®

    20/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lincoln City, OR
  • Zip Code 97814

Points of Interest

  • Tesla Supercharger

    0.84 miles

  • Rivian Adventure Network

    0.85 miles

  • Chevron

    1.03 miles

  • Space Age

    1.14 miles

  • ChargePoint

    1.22 miles

  • Tritium

    1.71 miles

  • EVCS

    1.71 miles

  • Circle K

    3.40 miles

  • Otis Fuel And Market

    5.97 miles

  • Spyglass Ridge Trailhead

    0.48 miles

  • Inn at Spanish Head parking

    0.81 miles

  • Extra Vehicle Parking

    1.67 miles

  • Boat Trailer parking

    1.68 miles

  • Friends of Wildwoods Trailhead

    2.74 miles

  • General Hospital Parking

    2.91 miles

  • Cascade Head South Trailhead

    6.53 miles

  • Cascade Head Trailhead

    6.72 miles

  • Drift Creek Falls Trailhead

    7.80 miles

  • WestShore OceanFront Suites

    0.45 miles

  • Sandcastle Motel

    0.54 miles

  • Overlook Motel

    0.57 miles

  • Sandstone Point Hotel

    0.62 miles

  • Ester Lee Motel

    0.68 miles

  • The Inn at Spanish Head

    0.85 miles

  • Ocean Terrace Condominiums

    0.92 miles

  • Best Western Plus Landmark Inn

    0.95 miles

  • Palace Inn & Suites

    1.16 miles

  • Looking Glass Inn

    1.26 miles

  • Dory Cove

    0.23 miles

  • New Foon Hing Yuen

    0.31 miles

  • Nelscott Breakfast House

    0.41 miles

  • La Roca

    0.41 miles

  • Hilltop Inn Family Dining

    0.59 miles

  • J's Fish & Chips

    0.62 miles

  • M&P Thai Noodle

    0.67 miles

  • Autobahn 101

    0.75 miles

  • Fathoms

    0.85 miles

  • Snack City

    0.89 miles

  • Oregon Coast Community College: North County Center

    0.56 miles

  • Taft High School

    0.59 miles

  • Taft Elementary School

    0.77 miles

  • Lincoln City Career Tech High School

    1.03 miles

  • Lincoln City Seventh Day Adventist Junior Academy

    2.44 miles

  • Oceanlake Elementary School

    2.45 miles

  • Neskowin Valley School

    9.86 miles

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broker

SVN | Imbrie Realty

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