Pacific Highlands

For Sale

1206 SE 28th Street, Lincoln City, OR 97814

This Lincoln City property for sale is located at 1206 SE 28th Street. The current listed sale price for Pacific Highlands is $2,850,000. Pacific Highlands is situated on a lot that is 43.49 acre in size.

Contacts

broker
Bjorn Beer

SVN | Imbrie Realty

Property Details

  • Property Type VacantLand
  • Lot Size 43.49 Acre
  • Date Updated Mar 18, 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

Getting around

  • 38/100

    Walk Score ®

  • 20/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Trillium Natural Foods

    0.95 miles

  • Lincoln City Outlets

    0.96 miles

  • Bi-Mart

    1.00 miles

  • McKay's Market

    1.03 miles

  • Kenny's IGA Village Market

    1.17 miles

  • Tienda La Guadalupana

    2.42 miles

  • Grocery Outlet

    2.58 miles

  • Safeway

    3.58 miles

  • Chester's Markets

    6.80 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Bjorn Beer

SVN | Imbrie Realty

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