Remarks

Located on the North end of Devils Lake in Lincoln City, this property features 120+ fee of lake frontage and .24 of an acre of land. Many uses for this property under the Recreation Commercial zone including hotel, condo, boat moorage, boat rental business and outright use as a vacation rental. Subject to submerged land lease for docks of 99 years and the Devils Lake Water Improvement District to lease an office space and mooring for a boat. Home is not habitable and being sold in its as is present condition. Seller will make not make any repairs. Buyer and showing agent must sign entry waiver (See documents). Adjacent lot to the north also available for sale. Any sale must close concurrently with the other parcel. 750/annual fee through Division of Oregon State Lands for dock lease.

Details

MLS#: 24-2498
Price: $600,000

Bedrooms: 3
Baths Full: 2
Baths Half: 0
Year Built: 1932

County: Lincoln
Subdivision: Lakonia
Tax Fee: 0.00