$1,995,000
Lincoln City, OR 97367
MLS# LC-95868
Status: Closed
6 baths | 3701 sqft
1 / 36
Property Description
Beach front boutique 5 unit hotel, overlooking the Pacific Ocean. Each unit includes a jacuzzi with ocean views. Direct beach access built by the owners in 2002. All units face the ocean, allowing you to enjoy the stunning views from every unit! Located in SW Lincoln City, Nelscott neighborhood. Conveniently close to popular local restaurants and shopping. Gross income of $367,056 in 2021. Shown by appointment only.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2022-06-07
Purchase Contract Date: 2022-03-24
Close Date: 2022-06-07
Close Price: 1995000
Tax & Legal
CC&R's: Yes
Currently Not Used
Association YN: No
Interior
Furnished: Furnished
Living Area: 3701
Bathrooms Total: 6
Lot
Accessory Dwelling Unit YN: Yes
View YN: Yes
Lot Size Acres: 0.33
Lot Size Square Feet: 14374.8
Waterfront YN: 1
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Building Type: Motels & Hotels, Possession: Negotiable, Range/Oven: Electric, Garage Spaces: 0, Garage Remarks: Parking Stalls, Sq Ft Remarks: 5 units, Alternate Heat:
Accessory Dwelling Unit Information
ADU Bedrooms: 4
Appliances
Dishwasher: 1
Microwave: 1
Refrigerator: 1
Water Heater: 1
Building and Property Details
Building and Property Condition: Good
Exterior Color: Natural
Construction Materials
Stucco: 1
T1-11 Type: 1
Flooring
Carpet: 1
Tile: 1
Vinyl: 1
Foundation Details
Concrete Perimeter: 1
Heating
Forced Air: 1
Levels
Multi/Split: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Other Structures
None: 1
Possession
Negotiable: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Sewer
Public Sewer: 1
Water Body Type
Ocean: 1
Water Heater
Electric: 1
Income and Expenses
Gross Income: 367056
Business Details
Equip/FF Incl Y/N: No
List Available Y/N: No
Inventory Included Y/N: No
MDSE/Supp Included Y/N: No
Business Type
Hotel/Motel: 1
Additional Tax and Location Information
Highway 101: West Side
Neighborhood Code: L444
Property Tax ID #: R136676
Subdivision Block: 9
Subdivision Parcel/Lot: 1
Tax District: 402
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Historical Details
Historical MLS Number: 22-510
Listing Information
Listing Association Name: Lincoln County BOR
Address
Street Number: 3037
Street Direction Prefix: SW
Street Name: Anchor
Street Suffix: Avenue
County: Lincoln
State: OR
Postal Code: 97367
Directions: From Highway 101, turn west onto SW 32nd Street turn right onto SW Anchor Ave. Property located on the left hand side.
Cross Street: SW 32nd Street
Parcel Number: 071122CD-4200-00
Contract
Current Price: $1,995,000
Status: Closed
Begin Date: 2022-03-19
Sold Price: $1,995,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Nelscott Beach
Tax Annual Amount: 12384.03
Tax Year: 2021
Zoning: NP - Nelscott Plan District
Tax Lot: 4200
Tax Map Number: 071122CD
Parking Information
Parking Total: 5
Building
Year Built: 2002
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Water Available; Electricity Connected; Natural Gas Connected; Water Available
Appliances: Dishwasher; Microwave; Refrigerator; Water Heater
Business Type: Hotel/Motel
Construction Materials: Stucco; T1-11 Type
Flooring: Carpet; Tile; Vinyl
Foundation Details: Concrete Perimeter
Heating: Forced Air
Levels: Multi/Split
Listing Terms: 1031 Exchange; Cash; Conventional
Other Structures: None
Possession: Negotiable
Road Surface Type: Paved
Roof: Composition
Sewer: Public Sewer
Water Body Type: Ocean
Water Heater: Electric
Showing Requirements: Appointment Only; Call Listing Office
Plat Map - Public Listing Office: Taylor & Taylor Realty Company
Office Email: rebroker.geraldaldrich@gmail.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.