2539 SW Coral Loop - Residential Income FOR SALE


Lincoln City, OR 97367
$879,000 USD
503-283-1900
2539 SW Coral Loop, Lincoln City, OR for Sale
$879,000 USD
Residential Income - FOR SALE
1/41
null | Request Cap Rate

2539 SW Coral Loop
Lincoln City, OR 97367


OVERVIEW

Welcome to this thoughtfully designed Olivia Beach home, where coastal charm meets modern comfort. Built in 2018, this furnished 3-bedroom, 2.5-bathroom property offers 1,871 square feet across three well-planned levels--perfect as a full-time residence, vacation retreat, or short-term rental investment.(This home has an active STR license -new owners can easily obtain license without being on waitlist, making it a seamless opportunity for investors).The upper level offers flexible use: it can serve as a traditional family room with an adjoining primary suite or be enjoyed as a spacious retreat with a private sitting area, 2nd gas fireplace, and deck with a peekaboo ocean view. From the second and third floor balconies, enjoy a clear view of Siletz Bay fireworks on the 4th of July! On the main level, hardwood floors and a ceiling fan set a warm tone in the living room, which is further cozied by a gas fireplace. Thoughtful touches throughout enhance the home's inviting ambiance. The open-concept kitchen, dining, and living spaces create a perfect environment for entertaining or unwinding. The kitchen boasts granite countertops and stainless-steel appliances, while the living area opens onto a covered deck with ocean glimpses. The lower level includes two comfortable guest bedrooms and a full bathroom, offering privacy and flexibility for family and visitors. Each level features its own covered deck, extending your living space outdoors rain or shine. Outside, you'll find a built-in firepit, perfect for cozy evenings. Three parking spaces provide added convenience. A 10-minute walk takes you to the beach or the local Nelscott restaurants. Plus enjoy a wealth of community amenities including an outdoor pool, exercise room, playground, and sand volleyball courts, perfect for relaxation and recreation year-round. Whether you're after a turnkey investment or personal beach retreat, this well-kept home offers style, comfort, and a prime Oregon Coast location!

FOR SALE DETAILS

PRICE

$879,000 USD

PRICE/SF

$470 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Coastal Comfort In Olivia Beach

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

VR

APN/PARCEL ID

07-11-22-CA-17800-00

ASK ABOUT THIS PROPERTY

Cindy SomsanithFarrell RealtyMore Info
503-283-1900

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Cindy SomsanithFarrell RealtyMore Info
503-283-1900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.