550 SE REEF AVE SE # 20000 Lincoln City, OR $ 225,000
550 SE REEF AVE SE # 20000
$ 225,000
New Construction
Share Save

550 SE REEF AVE SE # 20000

Lincoln City, OR, 97367
$ 225,000
Baths0.0

Monthly Estimate*

$ 1,421

550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 1
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 2
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 3
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 4
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 5
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 6
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 7
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 8
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 9
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 10
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 11
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 12
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 13
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 14
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 15
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 16
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 17
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 18
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 19
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 20
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 21
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 22
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 23
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 24
550 SE REEF AVE SE # 20000, Lincoln City, OR 97367 - Image 25
View a Virtual Tour
Studio

Lots and Land for sale in Lincoln City, OR

for $225,000. The lot size is 0.18.

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!

See more

Lots and Land Contingent

Price

$ 225,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,026

Style

ResidentialRecreational

Lot Size

0.18

Town/City

Lincoln City

County/Region

Lincoln

MLS | Web ID

629294112

Features
General
Utilities CableAvailable ElectricityConnected SewerConnected WaterConnected
Zoning R-R
Unit Number 20000
Property Subtype ResidentialRecreational
Tax Year 2025
Current Use Residential
Parcel Number R295910
County Lincoln
Property Type Land
HOA N
Other Structures Driveway Greenhouse Shed Slab Storage Workshop
Status BumpableBuyer
Directions Hwy 101 turn East on East Devil's Lake Rd left on SE Port Ave Right on SE 8th St Left on SE Reef
High School Taft
City LincolnCity
Disclosures Disclosure
MLS Area _200
Lot Size Square Feet 7840.0
Listing Terms Cash Other
Elementary School Taft
Tax Annual Amount 2026.94
Middle/Junior High School Taft
Virtual Tour https://www.zillow.com/view-3d-home/bfebc7fb-debb-4330-af01-0fbca0f8c964?setAttribution=mls&wl=true&utm_source=dashboard
Standard Status ActiveUnderContract
Accessory Dwelling Unit Y/N N
Legal Description PROPERTY ID R295910 TWNSHP 07 RNG 11 ACRES 0.18 MS X# 186976 HOME ID 245745 MF320-1603
ADU False
See more
Exterior
Lot Features Cleared Wooded
Lot Size Acres 0.18
Road Surface Type Paved
See more
Internal Only
Street Number 1 550
See more
* Excluded Features
List By
Realty One Group At The Beach

Broker

shellionthebeach@gmail.com

Email

Affordability Calculator

$1,590
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,421
Monthly Property Taxes
$169
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1950871 Elementary School
1948964 Middle School
Taft High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2026$225,000 Listed Price

Map


See all

550 SE REEF AVE SE # 20000, Lincoln City, OR, 97367 is a Lots and Land for sale at $225,000 with a lot size of 0.18. 550 SE REEF AVE SE # 20000 is a studio with 0.0 baths. The property's zip code is 97367 which is in Lincoln City, OR