, Lincoln City, OR 97367 (MLS# LC-37862)


$560,000
Lincoln City, OR 97367
MLS# LC-37862
Status: Closed
7 beds  |  6 baths  |  4399 sqft


Front exterior
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Front exterior Courtyard between main house & units Across the street from the ocean Living room view from unit #5 Kitchen unit #5 Living room unit #6 View from breakfast nook Kitchen in unit #6 Bedroom unit 6 View one unit 5 View 2 from unit 5 View 3 from unit 5 Living room unit 5 Bedroom 2 unit 6 Bath unit #3 Unit 1

Property Description
A fabulous property that was built with 1940's architecture, featuring art deco design and custom millwork throughout!Located just steps from the beach access, this 6 unit apartment complex has 18yrs of solid rental history. The main house offers 2 large bedrooms on the first floor, built in bureaus in the hall & custom vanity in the bathroom. See Supplemental for additional information.

Details
Status Change Information
Status Change Timestamp: 2005-01-19
Purchase Contract Date: 2004-10-18
Close Date: 2005-01-10
Close Price: 560000
Contingency: Accepting Backup Offers
Interior
Living Area Source: Assessor
Bedrooms Total: 7
Bathrooms Total: 6
Living Area: 4399
Lot
Lot Size Dimensions: 100x100
View YN: Yes
Lot Size Acres: 0.23
Lot Size Square Feet: 10018.8
Utilities
Electricity Available: 1
Natural Gas Available: 1
Remarks
Lincoln Public Historical Details: Alternate Heat: Fireplace, Heating/Cooling: Gas, Sewer: City - Street, Water: City - Property, Possession: Negotiable, Unit 7: Unit Number: 7,Baths: 1,Furnished: Unfurnished
Appliances
Refrigerator: 1
Water Heater: 1
Building and Property Details
Exterior Color: Yellow
Construction Materials
Shake Siding: 1
Flooring
Other: 1
Foundation Details
Combination: 1
Levels
Two: 1
Listing Terms
Cash: 1
Submit: 1
Parking Features
Attached Garage: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Water Body Type
Ocean: 1
Water Heater
Gas: 1
Unit Five
Unit Number: 5
Beds Total: 1
Baths Total: 1
Living Area: 750
Furnished: Unfurnished
Actual Rent: 750
Unit Four
Unit Number: 4
Beds Total: 1
Baths Total: 1
Living Area: 650
Furnished: Unfurnished
Actual Rent: 585
Unit One
Unit Number: 1
Beds Total: 1
Baths Total: 1
Living Area: 650
Furnished: Unfurnished
Actual Rent: 625
Unit Six
Unit Number: 6
Beds Total: 2
Baths Total: 1
Living Area: 2300
Furnished: Unfurnished
Actual Rent: 1100
Unit Three
Unit Number: 3
Beds Total: 1
Baths Total: 1
Living Area: 650
Furnished: Unfurnished
Actual Rent: 575
Unit Two
Unit Number: 2
Beds Total: 1
Baths Total: 1
Living Area: 650
Furnished: Unfurnished
Actual Rent: 650
Additional Tax and Location Information
Highway 101: West Side
Subdivision Block: 1
Subdivision Parcel/Lot: 18 & 19
Tax District: 402
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Historical Details
Historical MLS Number: 04-1524
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Multi Family
Address
County: Lincoln
State: OR
Postal Code: 97367
Postal Code +4: 1566
Directions: Hwy 101 to SW Beach to address.
Contract
Current Price: $560,000
Status: Closed
Begin Date: 2004-05-18
Sold Price: $560,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Taft
Tax Annual Amount: 3857.95
Tax Year: 2005
Zoning: R-5 Residential
Tax Lot: 3700
Tax Map Number: 07-11-27 CA
AssociationCommunity
Number of Units: 6
Parking Information
Garage YN: 1
Garage Spaces: 4
Parking Total: 5
Building
Year Built: 1948
Property Features
Utilities: Electricity Available; Natural Gas Available; Electricity Available; Natural Gas Available
Appliances: Refrigerator; Water Heater
Construction Materials: Shake Siding
Flooring: Other
Foundation Details: Combination
Levels: Two
Listing Terms: Cash; Submit
Parking Features: Attached Garage
Road Surface Type: Paved
Roof: Composition
Water Body Type: Ocean
Water Heater: Gas
Showing Requirements: Appointment Only; Call Listing Office
Supplements
The main house has 40ft of floor-to-ceiling glass overlooking the sea. Huge living room features a marble fireplace, built in bookcases and an adjoining formal dining room complete with custom built china cabinet and bar. The kitchen has 40's tile and a breakfast nook with an ocean view, this is perfect for anyone who loves to cook due to the amazing storage and counter space. The upstairs of the house can be rented as a one bedroom unit or opened up to the central hall and used as part of the main house for additional living. Across the courtyard is another building which house the 4 one bedroom units, two with great ocean view and two with just a peek.

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.