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Billy Scott

billy@bslhteam.com +1(541) 619-1632

$ 720,000

Est. payment -/mo

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Price Dropped by $29K

617 SW 27th WAY Lincoln City, OR 97367

3 Beds

3 Baths

1,376 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,376 sqft

Price per Sqft $523

Subdivision Olivia Beach

MLS Listing ID 26-936

Style Cottage

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Fees $520/qua

HOA Y/N Yes

Year Built 2007

Annual Tax Amount $6,047

Tax Year 2025

Lot Size 3,920 Sqft

Acres 3920.4

Property Sub-Type Single Family Residence

Source Oregon Coast Multiple Listing Service

Property Description

Experience the quintessential Oregon Coast lifestyle at this stunning Nantucket-style cottage located in the premier community of Olivia Beach. This home is perfectly positioned to offer both a private sanctuary and a high-performing investment opportunity, boasting a rare and transferable Short-Term Rental (STR) outright use. In a market where such permits are a "Golden Ticket," this property allows you to generate significant income that can pay for the home while providing you the flexibility to use it whenever you wish. The home's layout is expertly designed for the modern traveler, featuring two spacious en-suite bedrooms upstairs for maximum privacy and a bright, open-concept living space on the main level. Outdoor living is a highlight, with a charming covered front porch that overlooks the vibrant community park—complete with sand volleyball, a playground, and fire pits—and a secluded rear courtyard perfect for BBQs and a hot tub after a day at the beach. Beyond the main house and above the detached garage includes a versatile flex space or 3rd bedroom with it's own bathroom greatly increasing rental income or to be used as an owner's lockout, home office, or guest overflow. Unlike many other homes here, this garage is not shared and this unit has 3 dedicated parking spaces, creating a private feel for the entire property that you'll appreciate when you see in person. Bordering the park and situated just steps from a community trail, you have direct access to one of the prime surf beaches in Lincoln City, making this the ultimate coastal retreat for owners and renters alike.

Location

State OR

County Lincoln

Zoning VR Vacation Rental

Direction Google Maps

Rooms

Other Rooms Workshop, Garage(s), Guest House

Interior

Interior Features Vaulted Ceilings

Heating Electric, Zoned

Cooling None

Flooring Carpet, Hardwood, Tile

Fireplaces Number 1

Fireplaces Type Gas

Furnishings Negotiable

Fireplace Yes

Window Features Double Pane Windows,Vinyl Frames

Laundry Main Level

Exterior

Garage Spaces 1.0

Fence Partial

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Amenities Available Beach Access, Clubhouse, Park, Picnic Area, Playground, Pool

View Ocean

Roof Type Composition

Porch Covered Deck, Enclosed Porch, Rear Patio

Total Parking Spaces 1

Garage Yes

Private Pool Yes

Building

Lot Description Corner Lot

Story 2

Foundation Concrete Perimeter

Water Public

Architectural Style Cottage

Level or Stories 2

New Construction No

Others

HOA Fee Include Maintenance Grounds,Property Taxes for Common Areas

Senior Community false

Tax ID 071122CA-8700-00

Special Listing Condition Standard

Lincoln County MLS Oregon / OREGON COAST MLS

Listed by Cascade Hasson Sotheby's International Realty

Billy Scott

Land & Residential Specialist | Real Broker LLC

+1(541) 619-1632

Billy Scott

617 SW 27th WAY Lincoln City, OR 97367

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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617 SW 27th WAY