Open Mon, Sep 1st, 1AM to 5PM

$665000

Price cut: $13K (08-05-2025)

3 Bed
2 Bath
1818 SqFt
185 DOM
Built: 1926
Status: Active
Open House

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Krishna Regupathy

Principal Broker

(503) 893-8874

Currently operating as a profitable Airbnb, this charming 3-bedroom, 2-bath coastal home is located in the highly desirable OceanLake Plan District/Interior Mixed Use zone, where short-term rentals are allowed with no waitlist for licensing. Just moments from the beach with convenient drive-on access, this well-maintained property is fully furnished and ready to continue as a successful vacation rental, personal getaway, or full-time residence. The main home features modern updates including a spacious kitchen with wood floors, vaulted ceilings, and generously sized bedrooms and bathrooms that offer both comfort and style. Two detached bonus cabins—each with its own bathroom—provide additional flexibility for creative use, storage, or guest overflow (buyer to verify any potential uses). Buyers are free to self-manage or choose any vacation rental company, offering maximum control and convenience. Situated in a vibrant, walkable coastal district, this is a rare opportunity to own a ready-to-go income property by the beach. (Buyer to verify all permitted uses with the Lincoln City Planning Department.)

Listing Provided Courtesy of Hannah Katz, Coldwell Banker Professional

General Information

MLS #540511153
TypeSingleFamilyResidence
Days on Market 185 DOM
Beds3
Lot Size 10018.8 SqFt
Baths2
SqFt1818
Year built1926
ZoningOP-IM
CountyLincoln
Tax IDR360703
ElemOceanlake
MiddleTaft 3/10
HighTaft 3/10
PropCategoryResidential
PropTypeSingleFamilyResidence
Neighborhood (Legal)PROPERTY ID R360703 RAYMOND TOWNSITE, BLOCK 18, LOT 4, DOC2023024

Listing Provided Courtesy of Hannah Katz, Coldwell Banker Professional

Krishna Realty data last checked: Sep 01, 2025 02:05 | Listing last modified Aug 28, 2025 19:51, Source:

Open House

Open DateMon, Sep 1st, 1AM to 5PM

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Residence Information

Upper SqFt528
Main SqFt1290
Lower SqFt0
Total SqFt1818
SFSrcTrio
TotUp/Mn1818
Fireplaces
Bdrms3
Full Bath2
Partial Bath0
Total Bath2
RoofComposition
Garage
StyleCottage
ParkingDriveway,RVAccessPar
Levels2
Year Built1926
Green CertNo
Energy Eff
ExteriorShakeSiding, ShingleSiding
Bsmt/Fnd
RVRVParking
URM
Basement
FoundationConcretePerimeter
Windows
Amenities

Features and Utilities

Living
KitchenDishwasher, FreeStandingRange, FreeStandingRefrigerator, Microwave, StainlessSteelAppliance
InteriorTileFloor, VaultedCeiling, WalltoWallCarpet
ExteriorGreenhouse, Porch, ToolShed
Accessibility
Cool
WaterElectricity
HeatWallHeater, Zoned
SewerPublicSewer
Hot WaterElectricity
FuelElectricity

Financial

PTax/Yr5390.62
HOA0
HOA Incl
HOA Fee
Other Dues
Terms ConsideredCash,Conventional
List Date02-25-2025
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date
DOM 185
CDOM 188
Sold Date
TermsCash,Conventional
Original Price$698,000
List Price$665,000
Sold Price
Last ModifiedAug 28, 2025 19:51

Schools

public Elementary : Oceanlake N/A Ratings

public Middle : Taft 3/10 Ratings

public High : Taft 3/10 Ratings

Map

Listing courtesy of Coldwell Banker Professional.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Sep 01, 2025 02:05 | Listing last modified Aug 28, 2025 19:51. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

1340 NW 15TH ST