OR > Lincoln City
Lincoln City, OR 97367,1540 NW 20TH ST
Lincoln City, OR 97367,1540 NW 20TH ST
Lincoln City, OR 97367,1540 NW 20TH ST
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Cassandra Marks

Cassandra Marks

+1(503) 884-2387
Listed by eXp Realty, LLC • 310-422-6044
$415,000
Est. payment /mo
2 Beds
1 Bath
728 SqFt
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UPDATED:

10/29/2024 01:29 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 728 sqft

Price per Sqft $570

MLS Listing ID 24610331

Style Stories2, Cottage

Bedrooms 2

Full Baths 1

Year Built 1930

Annual Tax Amount $1,886

Tax Year 2023

Lot Size 4,791 Sqft

Property 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.

Location

State OR

County Lincoln

Area _200

Zoning OPMSH

Rooms

Basement Crawl Space

Interior

Heating Mini Split

Cooling Mini Split

Exterior

Garage Detached

Garage Spaces 1.0

Roof Type Composition

Parking Type Driveway, Off Street

Garage Yes

Building

Lot Description Gentle Sloping, Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Oceanlake

Middle Schools Taft

High Schools Taft

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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Cassandra Marks

+1(503) 884-2387

Realtor, Licensed in OR & WA | License ID: 201225764

Realtor, Licensed in OR & WA License ID: 201225764

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1540 NW 20TH ST