$499000
Price cut: $4.4M (07-28-2025)
3 Bed
2 Bath
1648 SqFt
1 DOM
Built: 1950
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 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.
300329160
SingleFamilyResidence
1 DOM
3
3484.8 SqFt
2
1648
1950
OP-MSH
Lincoln
R422041
Oceanlake
Taft
Taft
Residential
SingleFamilyResidence
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: Jul 29, 2025 06:44 | Listing last modified Jul 28, 2025 10:40,
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