$1,295,000
Lincoln City, OR 97367
MLS# LC-100455
Status: Closed
4 beds | 3.5 baths | 2412 sqft
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Property Description
Enjoy breathtaking panorama views of the Pacific Ocean from all three levels of this stunning Olivia Beach property. A rare opportunity to invest in a successful Vacation Rental! This turn-key, furnished custom home offers a harmonious blend of comfort and elegance, designed with durability and low maintenance in mind. Built in 2022. This exclusive residence boasts an expansive 2,412 square feet of living space, thoughtfully distributed across three levels. The home features a total of 4 bedrooms, three generously sized each with a king bed, two of which have an ensuite and deck access, and one bedroom with two single beds and a study area. There are 3.5 bathrooms, an office, and a second living area with an additional gas fireplace. Zoned VR,Inquire about rental income!
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2024-03-19
Purchase Contract Date: 2024-02-24
Close Date: 2024-03-18
Close Price: 1295000
Contract
Permissible for Vacation Rental: Unknown
Current Price: $1,295,000
Status: Closed
Begin Date: 2024-02-20
Sold Price: $1,295,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax & Legal
CC&R's: Yes
Interior
Basement YN: No
Fireplace YN: Yes
Living Area Source: Assessor
Main Floor Living: Yes
Bedrooms Total: 4
Bathrooms Total: 3.5
Living Area: 2412
Currently Not Used
Furnished: Furnished
Lot
View YN: Yes
Lot Size Acres: 0.1
Lot Size Square Feet: 4356
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Association Fee Includes: Other: Pool, Parks, Paths, Frontage/View Remarks: Panorama ocean view from all three levels, Specially Assessed: No
Appliances
Dishwasher: 1
Dryer: 1
Gas Oven: 1
Gas Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Water Heater: 1
Architectural Style
Traditional: 1
Association Fee Includes
Maintenance Grounds: 1
Other: 1
Building and Property Details
Exterior Color: Hale Navy
Washer/Dryer Type: Electric
Construction Materials
Concrete: 1
Shake Siding: 1
Shingle Siding: 1
Fireplace Features
Gas: 1
Flooring
Carpet: 1
Other: 1
Foundation Details
Concrete Perimeter: 1
Slab: 1
Heating
Electric: 1
Wall Furnace: 1
Other: 1
Interior Features
Vaulted Ceiling(s): 1
Levels
Multi/Split: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lock Box Type
Combo: 1
Other Structures
None: 1
Outdoor Living Spaces Features
Covered Patio: 1
Deck: 1
Patio: 1
Parking Features
Attached Garage: 1
Pet Information
Pet Friendly: Yes
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Sewer
Public Sewer: 1
Water Body Type
Ocean: 1
Water Heater
Tankless: 1
Water Source
Public: 1
Window Features
Window Treatments: 1
Additional Tax and Location Information
Highway 101: West Side
Neighborhood Code: LONI
Property Tax ID #: R531328
Subdivision Parcel/Lot: Lot 115
Subdivision Phase/Addition: 3
Tax District: 402
Showing Requirements
Appointment Only: 1
Lockbox: 1
Restricted Hours: 1
Room Types
Bathroom: 1
Bathroom Level: First
Bedroom 2: 1
Bedroom 2 Level: First
Bedroom 3: 1
Bedroom 3 Level: First
Bedroom 4: 1
Bedroom 4 Level: First
Bonus Room: 1
Bonus Room Level: First
Dining Room: 1
Dining Room Level: First
Family Room: 1
Family Room Level: First
Half Bathroom: 1
Half Bathroom Level: First
Kitchen: 1
Kitchen Level: First
Living Room: 1
Living Room Level: First
Primary Bedroom: 1
Primary Bedroom Level: First
Utility Room: 1
Utility Room Level: First
Historical Details
Historical MLS Number: 24-294
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Single Family Residence
Address
Street Number: 2573
Street Direction Prefix: SW
Street Name: Coral
Street Suffix: Avenue
County: Lincoln
State: OR
Postal Code: 97367
Directions: Coast Ave turn onto SW Coral Ave, go up the hill it is the third house from the top, a dark blue house
Parcel Number: 071122CA-18100-00
Tax Legal
Subdivision Name: Olivia Beach
Tax Annual Amount: 5786.51
Tax Year: 2023
Zoning: VR Vacation Rental
Tax Lot: 18100
Tax Map Number: 071122CA
AssociationCommunity
Association YN: 1
Association Fee: 475
Association Fee Frequency: Quarterly
Parking Information
Garage YN: 1
Garage Spaces: 2
Building
Year Built: 2022
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Water Available; Electricity Connected; Natural Gas Connected; Water Available
Appliances: Dishwasher; Dryer; Gas Oven; Gas Range; Microwave; Refrigerator; Washer; Water Heater
Architectural Style: Traditional
Association Fee Includes: Maintenance Grounds; Other
Construction Materials: Concrete; Shake Siding; Shingle Siding
Fireplace Features: Gas
Flooring: Carpet; Other
Foundation Details: Concrete Perimeter; Slab
Heating: Electric; Wall Furnace; Other
Interior Features: Vaulted Ceiling(s)
Levels: Multi/Split
Listing Terms: 1031 Exchange; Cash; Conventional
Lock Box Type: Combo
Other Structures: None
Outdoor Living Spaces Features: Covered Patio; Deck; Patio
Parking Features: Attached Garage
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Composition
Sewer: Public Sewer
Water Body Type: Ocean
Water Heater: Tankless
Water Source: Public
Window Features: Window Treatments
Showing Requirements: Appointment Only; Lockbox; Restricted Hours
Room Types: Bathroom; Bedroom 2; Bedroom 3; Bedroom 4; Bonus Room; Dining Room; Family Room; Half Bathroom; Kitchen; Living Room; Primary Bedroom; Utility Room
Room Information
| Room Name | Level | Remarks |
| Primary Bedroom | Main | King bed with Ensuite, Access to Deck |
| Bathroom | Main | Ensuite, Soaking tub and walk in tile shower |
| Bathroom | Main | Ensuite, Bath/Shower combo |
| Bathroom | Lower | Tile walk in shower |
| Bedroom 2 | Main | King bed with Ensuite, Access to Deck |
| Kitchen | Upper | |
| Dining Room | Upper | |
| Living Room | Upper | Access to Deck, Gas Fireplace |
| Bonus Room | Upper | Office |
| Bedroom 3 | Lower | Two Single beds and desk area |
| Bedroom 4 | Lower | King Bed |
| Family Room | Lower | Gas Fireplace, Coffee/ Wine bar |
| Utility Room | First | Large Storage Space Level 1, use as owners closet |
CCR/ HOA Info Listing Office: eXp Realty LLC
Office Email: or.broker@exprealty.net
Last Updated: December - 12 - 2025
Information deemed reliable but not guaranteed.