Opportunity 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.
General Information
300329160
SingleFamilyResidence
1
DOM
3
3484.8 SqFt
2
1648
1950
OP-MSH
Lincoln
R422041
Oceanlake
Taft 3/10
Taft 3/10
Residential
SingleFamilyResidence
PROPERTY ID R422041 RAYMOND TOWNSITE, BLOCK 20, LOT 2,PTN OF,EXC
Listing Provided Courtesy of Dennis Regen, Taylor & Taylor Realty Co.
Krishna Realty data last checked: Jul 29, 2025 00:59 | Listing last modified Jul 28, 2025 10:40,
Source:
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Residence Information
320
664
664
1648
County
984
3
2
0
2
Composition
1, Attached
Craftsman
Driveway
3
1950
No
CementSiding
Finished
Finished
ConcretePerimeter
DoublePaneWindows
Features and Utilities
Floor3rd
Parking
None
Electricity
Other
PublicSewer
Electricity
Electricity, Gas
Financial
3588.91
0
Cash,Conventional
07-28-2025
No
No
Comparable Information
1
1
Cash,Conventional
$4,990,001
$499,000
Jul 28, 2025 10:40
Schools
public Elementary : OceanlakeN/ARatingspublic Middle : Taft
3/10Ratingspublic High : Taft
3/10Ratings
Opportunity 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.
