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$415,000

Beds
2
Baths
1.0
sq ft
728

1540 NW 20th St, Lincoln City, OR 97367

1540 NW 20th St

Lincoln City, OR 97367

  • 86 days on market
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.

Details

Property type

Single Family Residence

Lot size

4,791 sq ft

Price per sq ft

$571

Year built

1930

Annual property taxes

$1,886.18

Price History

10/05/2024
PortlandOR

PortlandOR #24610331

Listed
$415,000
10/05/2024
PortlandOR

PortlandOR #24610331

Removed
$415,000
09/16/2024
PortlandOR

PortlandOR #24610331

Listed
$415,000

Schools & Community

Elementary school: 

Oceanlake

Middle school: 

Taft

High school: 

Taft

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2132 NW Inlet Ave, Lincoln City, OR 97367

Status: Active

Tomo last checked: 11/22/2024 at 5:00 PM

Listing updated: 11/19/2024 at 2:04 AM

Listed by: Evan Nelson, eXp Realty, LLC Phone #: (888) 814-9613

MLS: PortlandOR #24610331

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