$1,000,000
MLS# LC-26527
Status: Closed
14 baths | 8000 sqft
1 / 3
Property Description
Well-maintained ocean view motel with great repeat business. Comfortable accomodations, stairs to beach, tranquil.
Details
Status Change Information
Status Change Timestamp: 2002-05-22
Purchase Contract Date: 2002-04-05
Close Date: 2002-05-20
Close Price: 1000000
Contingency: Accepting Backup Offers
Tax & Legal
Business Name: Castaway
Interior
Basement YN: Yes
Furnished: Furnished
Living Area: 8000
Bathrooms Total: 14
Building
Year Built Details: 1972, 1992
Year Built: 1958
Lot
Lot Size Dimensions: 300' x 133' * 337' x 366'
View YN: Yes
Lot Size Acres: 1.49
Lot Size Square Feet: 64904.4
Waterfront YN: 1
Utilities
Electricity Available: 1
Remarks
Lincoln Public Historical Details: Expense: Financials Available, Building Type: motel, Possession: nego., Sewer: City, Walls: Paint, Garage Spaces: 20, Garage Remarks: 16 prkg spc+4 carpor, Business Description: Motel, Estimated Value: 885070.00, Inclusions: see inventory list, Alternate Heat:
Appliances
Microwave: 1
Refrigerator: 1
Water Heater: 1
Building and Property Details
Building and Property Condition: Good
Exterior Color: beige w/blue trim
Construction Materials
Lap Siding: 1
Flooring
Carpet: 1
Foundation Details
Combination: 1
Heating
Baseboard: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Submit: 1
Other Structures
Shed(s): 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Water Body Type
Ocean: 1
Water Heater
Electric: 1
Business Details
ABN Included: 1
Non-Comp Agreement: 1
UCC Filing Required: No
Equip/FF Incl Y/N: Yes
List Available Y/N: Yes
Inventory Included Y/N: No
MDSE/Supp Included Y/N: Yes
Additional Tax and Location Information
Tax District: R19517
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Historical Details
Historical MLS Number: 01-1481
Listing Information
Listing Association Name: Lincoln County BOR
Address
County: Curry
State: OR
Postal Code: 97465
Directions: Hwy 101 to top of hill; turn right on Fifth St.
Cross Street: Hwy 101
Contract
Current Price: $1,000,000
Status: Closed
Begin Date: 2001-05-10
Sold Price: $1,000,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: None
Tax Annual Amount: 9013.52
Tax Year: 2000
Zoning: C-2 General Commercial
Tax Lot: 100
Tax Map Number: 331505DC
Parking Information
Parking Total: 164
Income and Expenses
Net Operating Income: 122110
Property Features
Utilities: Electricity Available; Electricity Available
Appliances: Microwave; Refrigerator; Water Heater
Business Details: ABN Included; Non-Comp Agreement
Construction Materials: Lap Siding
Flooring: Carpet
Foundation Details: Combination
Heating: Baseboard
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional; Submit
Other Structures: Shed(s)
Road Surface Type: Paved
Roof: Composition
Water Body Type: Ocean
Water Heater: Electric
Showing Requirements: Appointment Only; Call Listing Office
Listing Office: Coldwell Banker - Miller's Real Estate-Yachats
Office Phone: 541-547-3171
Office Email: rainbow@casco.net
Last Updated: December - 12 - 2025
Information deemed reliable but not guaranteed.