7123 NW LOGAN RD, Lincoln City, OR 97367 – 24537703

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Kathy Quick

kathy@kathyquick.com +1(503) 730-0702

Listed by Berkshire Hathaway HomeServices NW Real Estate

$ 1,450,000

Est. payment | -/mo

5 Beds

2 Baths

2,424 SqFt

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$ 1,450,000

Est. payment | -/mo

Save

5 Beds

2 Baths

2,424 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 2,424 sqft

Price per Sqft $598

Subdivision Roads End

MLS Listing ID 24537703

Style Daylight Ranch

Bedrooms 5

Full Baths 2

Year Built 1952

Annual Tax Amount $10,727

Tax Year 2023

Lot Size 0.290 Acres

Property Description

RARE INVESTMENT OPPORTUNITY! Ocean front property with private stairs to the sand! Located in the highly sought-after Roads End area of Lincoln City. Entering the home all you see is a 270-degree view of the beautiful Pacific Ocean, sand and surf. Ocean views from 4 of the bedrooms as well. Outdoor enclosed area, deck overlooking the ocean and double carport. Original clear cedar, Doug fir and Pine throughout. Gas fireplace in the living room and in the master bedroom. This is a well-established and successful vacation rental, gross rent in 2022 was $107,733.50, 2023 was $136,138.50. UNTIL NOVEMBER 22ND THE VACATION RENTAL PERMIT TRANSFERS WITH THE SALE OF THE HOME. NO NEED TO REAPPLY AND WAIT IN LINE FOR A NEW VRD PERMIT WITH THE CITY. Property managers are happy to continue renting for new owners for seamless transition and immediate income. Plenty of time for personal use with friends and family while still earning income.

Location

State OR

County Lincoln

Area _200

Rooms

Basement Daylight, Finished

Interior

Interior Features Washer Dryer

Heating Forced Air

Fireplaces Number 2

Fireplaces Type Gas

Appliance Gas Appliances, Granite

Exterior

Exterior Feature Deck, Fenced, Free Standing Hot Tub, Patio

Garage Carport

Garage Spaces 2.0

Waterfront Yes

Waterfront Description OceanFront

View Mountain, Ocean

Roof Type Composition

Parking Type Carport, Parking Pad

Garage Yes

Building

Lot Description Level, Ocean Beach One Quarter Mile Or Less, Sloped

Story 2

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Taft

Middle Schools Taft

High Schools Taft

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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