1540 NW 20TH ST Active Save Request In-Person Tour Request Virtual Tour
Lincoln City,OR 97367
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 728 sqft
Price per Sqft $570
MLS Listing ID 24610331
Style Stories2, Cottage
Bedrooms 2
Full Baths 1
Year Built 1930
Annual Tax Amount $1,886
Tax Year 2023
Lot Size 4,791 Sqft
Property Description
This charming beach cottage is ideally situated between Highway 101 and the stunning coastline, offering the perfect blend of convenience and coastal living. Nestled in the highly desirable Lincoln City, this property is more than just a picturesque retreat?it's also a valuable investment opportunity. Thanks to the extremely rare OPMSH zoning, this cottage comes with guaranteed short-term rental (STR) use, making it a lucrative income-producing asset from day one. Step inside this turnkey home, and you'll find a thoughtfully designed space that combines comfort with functionality. The practical kitchen is well-equipped for all your culinary needs, while the generous living area invites you to relax and unwind after a day at the beach. With two cozy bedrooms and a well-appointed bathroom, this cottage offers the perfect setting for an intimate escape. Whether you're planning to use it as a weekend getaway or rent it out to visitors, this property has all the elements needed to create memorable experiences. The cottage also boasts modern upgrades, including a newer mini-split HVAC system that ensures year-round comfort. Additionally, the detached single-car garage provides plenty of storage space for all your beach gear and more. With its prime location, income-generating potential, and undeniable charm, this beach cottage is ready to be your home away from home?or a profitable addition to your real estate portfolio.
Location
State OR
County Lincoln
Area _200
Zoning OPMSH
Interior
Heating Mini Split
Cooling Mini Split
Exterior
Garage Detached
Garage Spaces 1.0
Roof Type Composition
Building
Lot Description Gentle Sloping, Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Oceanlake
Middle Schools Taft
High Schools Taft
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA