Unique opportunity for this extra large Commercially Zoned property. The large back area is rented and the front has been used for midterm corporate, and hospital rentals for the last nine years. Commercial zoning opens many opportunities to partition and build. The 3 bedroom/1 bath beach cottage is being offered turn-key with newer furnishings, and full kitchen set-up, this home is move-in ready! Located on the beautiful central Oregon Coast in Lincoln City, this property sits within 1/2 mile of Canyon Beach access, home of the Nelscott Reef Big Wave Contests in one direction, the Lincoln City Outlets 1/2 mile the other, 1/3 mile to Agnes Creek Trail, and many amenities within a block!
Closed
$452,500
1218 SW 16th St, Lincoln City, OR 97367
3beds
888sqft
Single Family Residence
Built in 1959
0.35 Acres Lot
$444,200 Zestimate®
$510/sqft
$2,255 Estimated rent
Home value
$444,200
$378,000 - $524,000
$2,255/mo
Zestimate® history
Owner options
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$2,230/mo
Est. payment
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Newer furnishingsFull kitchen set-up
Zillow last checked:
Listing updated:
Listed by:
Linda L Roy linda@lincolncityrealty.net,
Lincoln City Realty, LLC
Bought with:
Outside of MLS
Outside of MLS
Source: OCMLS,MLS#: LC-105058
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Utility room
- Description: A few steps from Dining into garage
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater
Features
- Flooring: Carpet, Other
- Windows: Window Treatments
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Wood Burning
- Furnished: Yes
Interior area
- Total structure area: 888
- Total interior livable area: 888 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.35 Acres
- Features: Irregular Lot
Details
- Additional structures: None
- Parcel number: 071122AA250100
- Zoning description: GC - General Commercial
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Cedar
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Available
Community & neighborhood
Location
- Region: Lincoln City
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Sold | $452,500-7.6%$510/sqft |
Source:  OCMLS #LC-105058 Report a problem | ||
| 2/4/2026 | Pending sale | $489,500$551/sqft |
Source: OCMLS #LC-105058 Report a problem | ||
| 10/19/2025 | Listed for sale | $489,500+82%$551/sqft |
Source: OCMLS #25-2309 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/6/2017 | Listing removed | $1,850$2/sqft |
Source: Owner Report a problem | ||
| 6/6/2017 | Listed for rent | $1,850$2/sqft |
Source: Owner Report a problem | ||
| 6/30/2016 | Sold | $269,000+115.2%$303/sqft |
Source:  RMLS (OR) #14449706 Report a problem | ||
| 10/29/2003 | Sold | $125,000$141/sqft |
Source:  OCMLS #99-11425 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,420 +2.8% | $206,790 +3% |
| 2023 | $3,325 +2.9% | $200,770 +3% |
| 2022 | $3,233 +1.8% | $194,930 +3% |
| 2021 | $3,175 +5.5% | $189,260 +3% |
| 2020 | $3,009 | $183,750 +3% |
| 2019 | -- | $178,400 +3% |
| 2018 | $2,929 | $173,210 +3% |
| 2017 | $2,929 +11.4% | $168,170 +3% |
| 2016 | $2,629 | $163,280 +3% |
| 2015 | $2,629 +4.9% | $158,530 +3% |
| 2014 | $2,505 | $153,920 +3% |
| 2013 | $2,505 +4.3% | $149,440 +3% |
| 2012 | $2,402 +4.1% | $145,090 +3% |
| 2011 | $2,306 +4.1% | $140,870 |
| 2010 | $2,215 +3.1% | $140,870 +6.1% |
| 2009 | $2,148 +2.6% | $132,790 |
| 2008 | $2,092 +2.3% | $132,790 +6.1% |
| 2007 | $2,046 | $125,180 |
Find assessor info on the county website
Neighborhood: 97367
Nearby schools
GreatSchools rating
- 6/10Taft Elementary SchoolGrades: 3-6Distance: 1.5 mi
- 6/10Taft Middle SchoolGrades: 7-8Distance: 1.5 mi
- 3/10Taft High SchoolGrades: 9-12Distance: 1.3 mi
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- Oregon
- Lincoln County
- Lincoln City
- 97367
- 1218 SW 16th St
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