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$870,000

Beds
4
Baths
2.5
sq ft
Unknown

737 S Schooner Creek Rd, Lincoln City, OR 97367

737 S Schooner Creek Rd

Lincoln City, OR 97367

  • 9 days on market
Enjoy private, small acreage with beautiful greenery just minutes from the downtown Taft District. This 2.15-acre parcel is surrounded by traditional Oregon Coast greenery, creating a park-like environment with room to accommodate many different hobbies and lifestyles. The home boasts a large open-concept living area comprised of the dining room, kitchen, and living room with a gas-burning fireplace. Natural light floods the main level, and you'll enjoy the view of the coastal forest in each direction. The kitchen has soft-closing drawers, an appliance garage, and a stainless steel appliance package. There is no shortage of storage space throughout the home, particularly in the kitchen and dining areas. On this level, the wood deck wraps around most of the home, allowing you to soak in incredible views with an ocean background sound. The front deck/porch is private and great for entertaining the family. The primary suite is exceptionally spacious, with room for a sitting area, ample closet space, a stackable washer/dryer, and a small private balcony. The primary bathroom has heated tile floors and a large tile shower. One guest bedroom and a half bathroom complete the main level. Downstairs, you'll have another large family room with a gas-burning fireplace, an office area, and two more well-sized bedrooms with a full bathroom. Another washer/dryer is in the utility area for convenient housekeeping. The two levels provide an excellent opportunity for dual living due to separate entrances. Outside, your kids and pets will enjoy half an acre of fenced yard, a separate gardening area with raised beds, and more entertaining space. For hobbyists, the shop provides great storage and workspace with room to park a boat or RV indoors. The garage also offers a small workspace in a separate room. With the property surrounded by greenery, you will be less concerned with the high-maintenance costs of coastal living (beachfront upkeep) and will be able to enjoy enhanced privacy!

Details

Property type

Single Family Residence

Est. home value

$790,372

Lot size

2.15 acres

Price per sq ft

Unknown

Year built

1979

Annual property taxes

$5,014.23

HOA

No

Price History

02/14/2025
PortlandOR

PortlandOR #582370496

Listed
$870,000
+32.82%
04/16/2021
PortlandOR

PortlandOR #21679988

Sold
$655,000

Schools & Community

Elementary school: 

Taft

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

$470,266
Asking price
$870,000
Closing costs (~8% of asking)
-$69,600
Est. remaining loan balance
-$330,134
Cash to seller
$470,266

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

Seller’s Loan History

Lender

Directors Mortgage Inc

Loan start date

April 2021

Original loan amount

$425,000

Est. remaining balance

$330,134

Interest rate

2.34%

Loan type

New Conventional, 15 year

Seller

Bryan Chadwick

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?

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Status: Active

Tomo last checked: 02/24/2025 at 7:05 AM

Listing updated: 02/14/2025 at 3:25 PM

Listed by: Zach Bernards, Willcuts Company Real Estate Phone #: (503) 538-8311

MLS: PortlandOR #582370496

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