$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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10 DOM
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Built: 1950
- Status: Active
Love this home?
Mohanraj Rajendran
Real Estate Agent
(503) 336-1515Opportunity 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 an ingress/egress easement with the adjacent property to the south for shared parking 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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10 DOM
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3
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3484.8 SqFt
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2
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1648
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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.
Mohan Realty Group data last checked: Sep 13, 2025 08:22 | Listing last modified Aug 07, 2025 14:04,
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