$499000
Price cut: $4.4M (07-28-2025)
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3 Bed
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2 Bath
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1648 SqFt
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0 DOM
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Built: 1950
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Status: Active
Love this home?
Opportunity knocks in the heart of Lincoln City. This partially finished 4-bed, 2-bathroom home offers ocean views from the upper level and is ideally located near shopping, dining, the casino, and miles of sandy beaches. The property is zoned to allow for short-term rentals, making it a rare find for investors or those looking to create a coastal getaway with income potential. Interior improvements are already underway electrical, plumbing, and sheetrock have been completed—allowing you to step in and finish the home to your design preferences. The structure sits on a level lot with convenient access, and its central location offers both residential comfort and commercial potential.The property is being sold as-is. Whether you're looking for a full-time residence, a vacation rental, or a long-term investment, this is a promising canvas in a high-demand location.The sale is subject to a lot line adjustment or the recording of an ingress/egress easement with the adjacent property to the south to be completed prior to the close of escrow to ensure access and parking.The adjacent property is also available for purchase. Check with your agent for details.
Listing Provided Courtesy of Dennis Regen, Taylor & Taylor Realty Co.
General Information
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300329160
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SingleFamilyResidence
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0 DOM
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3
-
3484.8 SqFt
-
2
-
1648
-
1950
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OP-MSH
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Lincoln
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R422041
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Oceanlake
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Taft
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Taft
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Residential
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SingleFamilyResidence
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PROPERTY ID R422041 RAYMOND TOWNSITE, BLOCK 20, LOT 2,PTN OF,EXC
Listing Provided Courtesy of Dennis Regen, Taylor & Taylor Realty Co.
PDXA1 Realty Group data last checked: Jul 28, 2025 19:25 | Listing last modified Jul 28, 2025 10:40,
Source:
Residence Information
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320
-
664
-
664
-
1648
-
County
-
984
-
-
3
-
2
-
0
-
2
-
Composition
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1, Attached
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Craftsman
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Driveway
-
3
-
1950
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No
-
-
CementSiding
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Finished
-
-
-
Finished
-
ConcretePerimeter
-
DoublePaneWindows
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Features and Utilities
-
-
-
Floor3rd
-
-
Parking
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None
-
Electricity
-
Other
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PublicSewer
-
Electricity
-
Electricity, Gas
Financial
-
3588.91
-
0
-
-
-
-
Cash,Conventional
-
07-28-2025
-
-
No
-
No
Comparable Information
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-
0
-
0
-
-
Cash,Conventional
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$4,990,001
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$499,000
-
-
Jul 28, 2025 10:40
Schools
Map
Listing courtesy of Taylor & Taylor Realty Co..
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Jul 28, 2025 19:25 | Listing last modified Jul 28, 2025 10:40.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
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