617 SW 27th WAY, Lincoln City, OR 97367
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617 SW 27th WAY, Lincoln City, OR 97367
617 SW 27th WAY, Lincoln City, OR 97367
617 SW 27th WAY, Lincoln City, OR 97367
617 SW 27th WAY, Lincoln City, OR 97367
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Marcel Dolak

Marcel Dolak

+1(425) 466-5870
$ 720,000
Est. payment /mo
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Price Dropped by $29K

617 SW 27th WAY Lincoln City, OR 97367

3 Beds

3 Baths

1,376 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,376 sqft

Price per Sqft $523

Subdivision Olivia Beach

MLS Listing ID 26-936

Style Cottage

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Fees $520

HOA Y/N Yes

Year Built 2007

Annual Tax Amount $6,047

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Single Family Residence

Source Oregon Coast Multiple Listing Service

Property Description

Experience the quintessential Oregon Coast lifestyle at this stunning Nantucket-style cottage located in the premier community of Olivia Beach. This home is perfectly positioned to offer both a private sanctuary and a high-performing investment opportunity, boasting a rare and transferable Short-Term Rental (STR) outright use. In a market where such permits are a "Golden Ticket," this property allows you to generate significant income that can pay for the home while providing you the flexibility to use it whenever you wish. The home's layout is expertly designed for the modern traveler, featuring two spacious en-suite bedrooms upstairs for maximum privacy and a bright, open-concept living space on the main level. Outdoor living is a highlight, with a charming covered front porch that overlooks the vibrant community park—complete with sand volleyball, a playground, and fire pits—and a secluded rear courtyard perfect for BBQs and a hot tub after a day at the beach. Beyond the main house and above the detached garage includes a versatile flex space or 3rd bedroom with it's own bathroom greatly increasing rental income or to be used as an owner's lockout, home office, or guest overflow. Unlike many other homes here, this garage is not shared and this unit has 3 dedicated parking spaces, creating a private feel for the entire property that you'll appreciate when you see in person. Bordering the park and situated just steps from a community trail, you have direct access to one of the prime surf beaches in Lincoln City, making this the ultimate coastal retreat for owners and renters alike.

Location

State OR

County Lincoln

Community Olivia Beach

Zoning VR Vacation Rental

Direction Google Maps

Interior

Interior Features Vaulted Ceilings

Heating Electric, Zoned

Cooling None

Flooring Carpet, Hardwood, Tile

Fireplaces Number 1

Fireplaces Type Gas

Furnishings Negotiable

Fireplace Yes

Appliance Dishwasher, Gas Cooktop, Refrigerator

Laundry Main Level

Exterior

Parking Features Driveway

Garage Spaces 1.0

Fence Partial

Community Features Curbs, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Ocean

Roof Type Composition

Street Surface Gravel,Paved

Porch Covered Deck, Enclosed Porch, Rear Patio

Road Frontage City Street

Total Parking Spaces 1

Garage Yes

Private Pool true

Building

Lot Description Corner Lot

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Cottage

Structure Type Cedar,Lap Siding,Shingle Siding

New Construction false

Others

HOA Name Olivia Beach

HOA Fee Include 520.0

Tax ID 071122CA-8700-00

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Standard

Listed by Cascade Hasson Sotheby's International Realty

NEARBY SCHOOLS & PROPERTIES

Marcel Dolak

Marcel Dolak

Owner | Private Office Advisor | Global Real Estate Advisor License ID: 28065

+1(425) 466-5870

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617 SW 27th WAY