431 W 2nd Street, Yachats, OR 97498 (MLS# LC-87810)

$1,050,000

431 W 2nd Street
Yachats, OR 97498
MLS# LC-87810
Status: Closed
11 baths | 6055 sqft

1 / 88

Property Description
Spectacular ocean view property. Three homes, six cottages, 3 tax lots (5 city lots). First time on the market in over 50 years. Rock Park Cottages offers a unique opportunity in the heart of Yachats. Adjoining Yachats State Park to the West. Two blocks off Hwy 101 and the heart of downtown. Beautiful grounds with common areas, patio, BBQ, outdoor benches and grassy lawn for gatherings. The hospitality complex has an established clientele base, onsite maintenance shop and storage building. Great investment opportunity in one of Oregon's premier Coastal destinations.

Details

Maps

Documents

Status Change Information

Status Change Timestamp: 2020-11-13

Price Change Timestamp: 2019-12-23T19:39:25Z

Purchase Contract Date: 2020-09-19

Close Date: 2020-11-13

Close Price: 1050000

Tax & Legal

Business Name: Rock Park Cottages

CC&R's: No

Currently Not Used

Association YN: No

Interior

Furnished: Unfurnished

Living Area: 6055

Bathrooms Total: 11

Building

Year Built Details: 1940, 1942

Year Built: 1940

Lot

Lot Size Dimensions: 100x100, 50x100, 100x100

Accessory Dwelling Unit YN: Yes

View YN: Yes

Lot Size Acres: 0.57

Lot Size Square Feet: 24829.2

Utilities

Electricity Available: 1

Electricity Connected: 1

Natural Gas Not Available: 1

Water Available: 1

Remarks

Lincoln Public Historical Details: Heating/Cooling: Electric, Expense: Financials Available, Building Type: wood frame, Possession: negotiable, Sewer: City, Range/Oven: Electric, Secondary View: Mountain, Garage Spaces: 4, Garage Remarks: 2 garage, 2 carport, Frontage/View Remarks: complex adjacent Yachats State Park, Water: City Property, Alternate Heat:

Accessory Dwelling Unit Information

ADU Bedrooms: 11

Appliances

Dishwasher: 1

Refrigerator: 1

Water Heater: 1

Building and Property Details

Building and Property Condition: good

Exterior Color: grey

Washer/Dryer Type: Electric

Construction Materials

Cedar: 1

Shingle Siding: 1

Other: 1

Flooring

Carpet: 1

Vinyl: 1

Other: 1

Foundation Details

Concrete Perimeter: 1

Pillar/Post/Pier: 1

Slab: 1

Heating

Electric: 1

Levels

One: 1

Listing Terms

1031 Exchange: 1

Cash: 1

Conventional: 1

Submit: 1

Other Structures

Shed(s): 1

Workshop: 1

Parking Features

Attached Garage: 1

Road Surface Type

Paved: 1

Roof

Composition: 1

Sewer

Public Sewer: 1

Water Body Type

Ocean: 1

Water Heater

Electric: 1

Business Details

ABN Included: 1

Equip/FF Incl Y/N: Yes

List Available Y/N: No

Inventory Included Y/N: Yes

MDSE/Supp Included Y/N: Yes

Business Type

Hotel/Motel: 1

Residential: 1

Additional Tax and Location Information

Additional Subdivision Info: Yachats - First Addi

Highway 101: West Side

Property Tax ID #: R221949

Subdivision Block: 1

Subdivision Parcel/Lot: 35,36

Tax District: 302

Tax Remarks: 3 tax lots, combined taxes $8200.

Showing Requirements

24 Hour Notice: 1

Appointment Only: 1

Call Listing Office: 1

Historical Details

Historical MLS Number: 19-1166

Listing Information

Listing Association Name: Lincoln County BOR

Address

Street Number: 431

Street Direction Prefix: W

Street Name: 2nd

Street Suffix: Street

County: Lincoln

State: OR

Postal Code: 97498

Directions: west on 2nd street off HWY 101

Cross Street: 3rd street

Parcel Number: 141227DA-9500-00

Contract

Current Price: $1,050,000

Status: Closed

Begin Date: 2019-05-13

Sold Price: $1,050,000

Listing Agreement: Exclusive Right To Sell

Listing Service: Full Service

Tax Legal

Subdivision Name: Yachats

Tax Annual Amount: 4164.29

Tax Year: 2018

Zoning: C-1 Commercial

Tax Lot: 9500

Tax Map Number: 14s12w27

Parking Information

Garage YN: 1

Parking Total: 16

Property Features

Utilities: Electricity Available; Electricity Connected; Natural Gas Not Available; Water Available; Electricity Available; Electricity Connected; Natural Gas Not Available; Water Available

Appliances: Dishwasher; Refrigerator; Water Heater

Business Details: ABN Included

Business Type: Hotel/Motel; Residential

Construction Materials: Cedar; Shingle Siding; Other

Flooring: Carpet; Vinyl; Other

Foundation Details: Concrete Perimeter; Pillar/Post/Pier; Slab

Heating: Electric

Levels: One

Listing Terms: 1031 Exchange; Cash; Conventional; Submit

Other Structures: Shed(s); Workshop

Parking Features: Attached Garage

Road Surface Type: Paved