# 550 SE REEF AVE, Lincoln City, OR 97367 > **TL;DR:** land, $225,000. Est. $1,204/mo. Listed 79 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $225,000 | | Lot Size | 7,841 sqft (0.18 acres) | | Property Type | Land (Other) | | Status | Active Under Contract | | Days on Market | 79 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,138 | | Estimated Insurance | $66 | | **Total** | **$1,204** | ## Property Highlights - 0.18 acre lot ## Description ### Agent 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 - **Address:** 550 SE REEF AVE, Lincoln City, OR 97367 - **County:** Lincoln - **Coordinates:** 44.96256, -124.006077 - **Google Maps:** https://www.google.com/maps?q=44.96256,-124.006077 ## Virtual Tour & Media - **Video Tour:** https://www.zillow.com/view-3d-home/bfebc7fb-debb-4330-af01-0fbca0f8c964?setAttribution=mls&wl=true&utm_source=dashboard ## Listing Agent - **Name:** Shelli R. Neal · **License:** 201220482 - **Brokerage:** Realty One Group At the Beach, - **Broker Phone:** 5416141102 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/550-SE-Reef-Ave_Lincoln-City_OR_97367_M12241-75652?f=listhub&s=LCMLSOR-26&m=2275&c=propsimple) ## Photos ![550 SE REEF AVE - Photo 1](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f1053303103r.jpg) ![550 SE REEF AVE - Photo 2](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f3499214788r.jpg) ![550 SE REEF AVE - Photo 3](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f3961904806r.jpg) ![550 SE REEF AVE - Photo 4](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f417913020r.jpg) ![550 SE REEF AVE - Photo 5](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f3569960652r.jpg) ![550 SE REEF AVE - Photo 6](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f586618490r.jpg) ![550 SE REEF AVE - Photo 7](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f410052165r.jpg) ![550 SE REEF AVE - Photo 8](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f2080475647r.jpg) ![550 SE REEF AVE - Photo 9](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f2370929477r.jpg) ![550 SE REEF AVE - Photo 10](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f1003483692r.jpg) ![550 SE REEF AVE - Photo 11](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f3919219155r.jpg) ![550 SE REEF AVE - Photo 12](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f1737245173r.jpg) ![550 SE REEF AVE - Photo 13](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f3636717260r.jpg) ![550 SE REEF AVE - Photo 14](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f1252687056r.jpg) ![550 SE REEF AVE - Photo 15](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f3259657979r.jpg) ![550 SE REEF AVE - Photo 16](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f1010531409r.jpg) ![550 SE REEF AVE - Photo 17](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f3639201844r.jpg) ![550 SE REEF AVE - Photo 18](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f3860347908r.jpg) ![550 SE REEF AVE - Photo 19](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f3518683753r.jpg) ![550 SE REEF AVE - Photo 20](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f1500218432r.jpg) ![550 SE REEF AVE - Photo 21](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f2883941017r.jpg) ![550 SE REEF AVE - Photo 22](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f1022172898r.jpg) ![550 SE REEF AVE - Photo 23](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f4622275r.jpg) ![550 SE REEF AVE - Photo 24](http://lh.rdcpix.com/91ca88c41e0897f53c73bbce56bedd46l-f582108r.jpg) --- **MLS#:** 26-2275 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/550-se-reef-ave-lincoln-city-or-97367-40318f1cc0b446edbb8d96a15d8b5f2f) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/550-se-reef-ave-lincoln-city-or-97367-40318f1cc0b446edbb8d96a15d8b5f2f#listing", "url": "https://www.propertysimple.ai/listing/550-se-reef-ave-lincoln-city-or-97367-40318f1cc0b446edbb8d96a15d8b5f2f", "name": "550 SE REEF AVE, Lincoln City, OR 97367", "description": "Bring your vision to this unique .18-acre Lincoln City property where much of the groundwork is already in place! 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