$415,000
2 Beds
1 Bath
728 SqFt
0.11 Acre Lot
4,791 Sqft Lot
Status Active
Property Type Singlefamilyresidence
Price Type
Year Built 1930
Neighborhood
Days on Website 30

Property Map

$415,000 – 1540 Nw 20th St, Lincoln City, OR 97367

Street View

Listing courtesy of eXp Realty, LLC.

Description

This charming beach cottage is ideally situated between Highway 101 and the stunning coastline, offering the perfect blend of convenience and coastal living. Nestled in the highly desirable Lincoln City, this property is more than just a picturesque retreat—it’s also a valuable investment opportunity. Thanks to the extremely rare OPMSH zoning, this cottage comes with guaranteed short-term rental (STR) use, making it a lucrative income-producing asset from day one. Step inside this turnkey home, and you’ll find a thoughtfully designed space that combines comfort with functionality. The practical kitchen is well-equipped for all your culinary needs, while the generous living area invites you to relax and unwind after a day at the beach. With two cozy bedrooms and a well-appointed bathroom, this cottage offers the perfect setting for an intimate escape. Whether you’re planning to use it as a weekend getaway or rent it out to visitors, this property has all the elements needed to create memorable experiences. The cottage also boasts modern upgrades, including a newer mini-split HVAC system that ensures year-round comfort. Additionally, the detached single-car garage provides plenty of storage space for all your beach gear and more. With its prime location, income-generating potential, and undeniable charm, this beach cottage is ready to be your home away from home—or a profitable addition to your real estate portfolio.

Property Details and Features

Property Access

  • Road Surface Type: Paved

Basement

  • Basement: CrawlSpace

Bathrooms

  • 1 total bath
  • 1 full bathroom
  • 1 total main level bath
  • 1 main level full bath

Bedrooms

  • 2 total bedrooms

Building

  • Architectural Style: Stories2,Cottage
  • Building Area Calculated: 728
  • Building Area Description: Old MLS
  • Building Area Total: 728
  • Built in 1930
  • Main Level Area Total: 584
  • Stories: 2
  • Upper Level Area Total: 144

Cooling

  • Cooling Equipped
  • Cooling: MiniSplit

Disclosures

  • Disclosures: Disclosure

Exterior Features

  • Exterior Description: VinylSiding

Foundation

  • Foundation Details: ConcretePerimeter

Garage

  • Garage Spaces: 1
  • Garage Type: Detached

Heating

  • Heating Available
  • Heating: MiniSplit

Listing

  • Contract Status Change Date: 2024-08-29
  • Days On Market: 31
  • Last Transaction Date: 2024-09-27 13:59:09
  • List Price: $415,000
  • Listing Contract Date: 2024-08-29
  • Listing Id: 24610331
  • Mls Status: Active
  • Modification Timestamp: 2024-09-29 01:17:14
  • On Market Date: 2024-08-29
  • Standard Status: Active

Location

  • MLS Area Major: _200
  • County Or Parish: Lincoln

Lot

  • Features: GentleSloping,Level
  • Size Acres: 0.11
  • Size Range: SqFt3000to4999
  • Size Square Feet: 4,791
  • Size: 3,000 to 4,999 SqFt

Parking

  • Features: Driveway,OffStreet
  • 1 total parking spot

Possession

  • Possession: CloseOfEscrow

Property

  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Zoning: OPMSH

Roof

  • Roof: Composition

Schools

  • High School: Taft
  • Middle Or Junior School: Taft
  • Elementary School: Oceanlake

Sewer

  • Sewer: PublicSewer

Taxes

  • Annual Amount: $1,886
  • Legal Description
  • Tax Year: 2023

Utilities

  • Fuel Description: Electricity
  • Hot Water Description: Electricity
  • Water Source: PublicWater

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This content last updated on September 29, 2024 20:47. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.