tomo logo

$715,000

Beds
3
Baths
2.5
sq ft
Unknown

2696 SW Barnacle Ave, Lincoln City, OR 97367

2696 SW Barnacle Ave

Lincoln City, OR 97367

  • 2 days on market
Sparkling Clean & Ready for Guests! This charming Olivia Beach vacation rental, offered fully furnished, is exceptionally well-maintained and priced to sell quickly. Start generating rental income immediately with this turnkey gem. This 2007 craftsman style home exudes warmth and tranquility in a picturesque setting. Savor your favorite beverage while kicking back in the rocking chairs on the spacious covered front porch while soaking in the serene beauty of nature. The community park with sand volleyball court, green grass, fire pit, and playground are right out your front door. Unwind and soothe yourself in the private hot tub on the back deck after a fun day exploring and playing on the beach.A few recent updates include new carpet and tankless hot water heater in 2022 and new roof of home in 2023. The lower level features hardwood floors, a cozy gas fireplace, leather furniture, and rarely found two bedrooms and a full bathroom. The kitchen offers granite, stainless steel appliances, and a breakfast bar adjoining the dining area for many friends and family to gather. The owner's suite features a sitting area, a tiled bath, and an extra-large walk-in closet, which completes the upper level. Need a little extra space? Head up to the Game room above the garage for foosball or relax in an easy chair. Zoned VR, means nightly rentals are allowed with no waitlist. Buyer to do due diligence with the City of Lincoln City for nightly rental licensing. Easy to show, call for your appointment to own this TURNKEY opportunity.

Details

Property type

Single Family Residence

Est. home value

$812,774

Lot size

4,356 sq ft

Price per sq ft

Unknown

Year built

2007

Annual property taxes

$6,250.89

Monthly HOA fee

$173.33

Price History

04/02/2025
PortlandOR

PortlandOR #279408620

Removed
$715,000
04/01/2025
PortlandOR

PortlandOR #279408620

Listed
$715,000
03/31/2025
PortlandOR

PortlandOR #279408620

Listed
$715,000
-4.01%

Schools & Community

Elementary school: 

Oceanlake

Middle school: 

Taft

High school: 

Taft

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$326,864
Asking price
$715,000
Closing costs (~8% of asking)
-$57,200
Est. remaining loan balance
-$330,936
Cash to seller
$326,864

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Key Bank Na

Loan start date

July 2021

Original loan amount

$359,600

Est. remaining balance

$330,936

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Johnathan L Brammeier and Vicki Jo Brammeier

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 5:45 PM

Listing updated: 04/02/2025 at 2:07 PM

Listed by: Judy Vial, Taylor & Taylor Realty Co. Phone #: (541) 994-9111

MLS: PortlandOR #279408620

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