3231 NW Inlet Avenue, Lincoln City, OR 97367 (MLS# LC-94288)


$1,100,000
3231 NW Inlet Avenue
Lincoln City, OR 97367
MLS# LC-94288
Status: Closed
5 beds  |  6 baths  |  2842 sqft


Purple Moon - exterior
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Purple Moon - exterior Unit 1 photo Unit 1 photo 2 Unit 1 photo 3 Unit 1 photo 4 Unit 1 photo 5 Unit 1 photo 6 Unit 3 photo Unit 3 photo 2 Unit 3 photo 3

Property Description
This popular and one of a kind Northwest Lincoln City Oceanfront Inn known as the ''Purple Moon Inn'', features Direct steps to beach, 2 story building, Low bank beach access. 3 romantic suites with 1 bedroom, 2 baths in each unit. Many amenities featured, each unit has a full kitchen, Relax in your private jacuzzi jetted tub, gas fireplace, private oceanfront decks on each suite, and even a library/study area for quiet time. Great investment opportunity as the total projected for 2021 would be $148,611.00. Located in the R/C zoning, there is just an occupational tax permit required, so there is no waiting period or VRD permit required for this property, since the property is listed with the county and city as a motel/inn.

Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2021-12-21
Purchase Contract Date: 2021-10-08
Close Date: 2021-12-21
Close Price: 1100000
Tax & Legal
CC&R's: No
Interior
Basement YN: No
Fireplace YN: Yes
Bedrooms Total: 5
Bathrooms Total: 6
Living Area: 2842
Lot
View YN: Yes
Lot Size Acres: 0.32
Lot Size Square Feet: 13939.2
Waterfront YN: 1
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
Appliances
Dishwasher: 1
Electric Oven: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Architectural Style
Traditional: 1
Building and Property Details
Exterior Color: Grey
Construction Materials
Cedar: 1
Cooling
Other: 1
Fireplace Features
Gas: 1
Flooring
Carpet: 1
Vinyl: 1
Foundation Details
Slab: 1
Heating
Other: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Other Structures
None: 1
Outdoor Living Spaces Features
Deck: 1
Possession
Negotiable: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Sewer
Public Sewer: 1
Water Body Type
Ocean: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 106766
Unit One
Unit Number: 1
Beds Total: 2
Baths Total: 2
Furnished: Furnished
Unit Three
Unit Number: 3
Beds Total: 1
Baths Total: 2
Furnished: Furnished
Unit Two
Unit Number: 2
Beds Total: 2
Baths Total: 2
Furnished: Furnished
Additional Tax and Location Information
Highway 101: West Side
Neighborhood Code: L24M
Property Tax ID #: R445944
Subdivision Block: 12
Subdivision Parcel/Lot: 5500
Tax District: 402
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Historical Details
Historical MLS Number: 21-1784
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Multi Family
Address
Street Number: 3231
Street Direction Prefix: NW
Street Name: Inlet
Street Suffix: Avenue
County: Lincoln
State: OR
Postal Code: 97367
Directions: Hwy 101, to NW 34th St, to NW Jetty, to NW Inlet, to property.
Parcel Number: 071103DC-5500-00
Contract
Current Price: $1,100,000
Status: Closed
Begin Date: 2021-07-21
Sold Price: $1,100,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Wecoma Beach
Tax Annual Amount: 8279.72
Tax Year: 2020
Zoning: RC - Recreational Commercial
Tax Lot: 5500
Tax Map Number: 071103DC
AssociationCommunity
Number of Units: 3
Parking Information
Parking Total: 5
Building
Year Built: 1938
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Water Available; Electricity Connected; Natural Gas Connected; Water Available
Appliances: Dishwasher; Electric Oven; Electric Range; Microwave; Refrigerator
Architectural Style: Traditional
Construction Materials: Cedar
Cooling: Other
Fireplace Features: Gas
Flooring: Carpet; Vinyl
Foundation Details: Slab
Heating: Other
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional
Other Structures: None
Outdoor Living Spaces Features: Deck
Possession: Negotiable
Road Surface Type: Paved
Roof: Composition
Sewer: Public Sewer
Water Body Type: Ocean
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Office
Supplements
Lincoln City is home to 7 miles of sandy beaches, art galleries, casino, parks, outlet mall, and plenty to see and do within minutes. Shown by appointment only!

Listing Office: Taylor & Taylor Realty Company
Source MLS Verified

Office Email: rebroker.geraldaldrich@gmail.com

Last Updated: December - 13 - 2025

Information deemed reliable but not guaranteed.