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  • $1,395,000

    2528 SW Coral Ave, Lincoln City, OR 97367

    5beds
    3,247sqft
    : 
    $9,189/mo
    Get pre-qualified
    Single Family Residence
    Built in 2026
    5,662 Square Feet Lot
    $1,366,400 Zestimate®
    $430/sqft
    $173/mo HOA

    What's special

    Expansive islandProfessionally landscaped lotDedicated beach accessSeparate bunk roomFour full en-suite bedroomsTwo laundry rooms
    Peak of Perfection Overlooking all that Coastal-Living has to offer. Newly Constructed by the Original Builder of Olivia Beach, A master-planned community on the Oregon Coast known for its craftsman cottages, community amenities, and consistent rental demand given its Vacation-Rental Zoning, that sits in the Nelscott district of Lincoln City, just above the shoreline with dedicated beach access. This Home not Only offers captivating 180-degree Ocean Views and beyond! It offers the peace of mind knowing you will be the first to occupy this home with No Wear or Dings! Recently Completed on a Professionally Landscaped Lot is this Stunning 5 Bedroom home plus "Wellness" Room, Yes Wellness room with your own Cold-Plunge Tub and Sauna for added Health Enhancement. Four full en-suite bedrooms plus a separate bunk room, Two Laundry rooms for effortless turn-over, Two Family Rooms with their own Covered Ocean-View Decks, The chef's kitchen offers upgraded appliances, an expansive island, and a butler's pantry with wine fridge, Side Deck off the Kitchen for BBQ's and a designated area for a Hot-Tub add to the Strong Rental Potential this Property and Location Offer! Premium materials, upgraded systems, and thoughtful efficiency enhancements ensure long-term comfort and durability. STR-friendly zoning makes it one of the most stable nightly-rental micro-markets on the Coast. Call Today to Schedule your own personal Tour!
    7 days
    |
    323
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    27
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael M Howe 503-348-7701,

    Knipe Realty ERA Powered

    Source: OCMLS,MLS#: 26-2150MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Primary bedroom
      • Description: Double Closet, Double Sinks, High Ceilings, Solid Surface Countertop, Suite, Walk-in Shower
      Bedroom 2
      • Description: Double Closet, Solid Surface Countertop, Suite, Vaulted Ceiling(s), Walk-in Shower
      Bedroom 3
      • Description: Closet, Suite, Vaulted Ceiling(s), Walk-in Shower
      Bedroom 4
      • Description: Bathtub, Closet, Suite, Vaulted Ceiling(s)
      Family room
      • Description: Deck, Fireplace, Sliding Doors, Vaulted Ceiling(s)
      Great room
      • Description: Butler's Pantry, Deck, Fireplace, Family Room/Kitchen Combo, High Ceilings, Kitchen/Dining Room Combo, Sliding Doors
      Kitchen
      • Description: Butler's Pantry, Deck, Built-in Dishwasher, Disposal, Eat Bar, Free-Standing Range, Free-Standing Refrigerator, Gas Appliances, High Ceilings, Island, Plumbed for Ice Maker, Quartz
      Sauna
      • Description: Bathtub, Deck, Exterior Entry, High Ceilings, Sauna, Tile Floor
      Heating
      • Electric, Other, Zoned, Radiant Floor
      Cooling
      • None
      Appliances
      • Included: Disposal, Dishwasher, Gas Oven, Gas Range, Ice Maker, Refrigerator, Range Hood, Wine Refrigerator
      • Laundry: Main Level, Upper Level
      Features
      • Double Vanity, Entrance Foyer, Kitchen Island, Open Floorplan, Other, Pantry, Sauna, Vaulted Ceiling(s)
      • Flooring: Carpet
      • Windows: Double Pane Windows, Vinyl Frames
      • Has basement: No
      • Number of fireplaces: 2
      • Fireplace features: Blower Fan, Gas, Gas Log
      Interior area
      • Total structure area: 3,247
      • Total interior livable area: 3,247 sqft
      • Finished area above ground: 3,247
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Additional Parking, Attached Garage, Driveway, On Street, Shared Driveway
      • Garage spaces: 2
      Features
      • Patio & porch: Front Patio, Side Patio, Covered Deck
      • Has view: Yes
      • View description: Panoramic, Ocean
      • Has water view: Yes
      • Water view: Ocean
      Lot
      • Size: 5,662 Square Feet
      • Features: Landscaped
      Details
      • Parcel number: 071122CA1680000
      • Zoning description: R-M Residential, Multifamily
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence
      Materials
      • Board & Batten Siding, Fiber Cement, HardiPlank Type, Shake Siding
      • Foundation: Concrete Perimeter, Slab
      • Roof: Composition
      Condition
      • New construction: Yes
      • Year built: 2026

      Utilities & green energy

      • Electric: 110 Volts
      • Sewer: Public Sewer
      • Water: Public, Shared Well
      • Utilities for property: Cable Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Features: Curbs, Street Lights, Sidewalks
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Olivia Beach
      HOA
      • Has HOA: Yes
      • Amenities included: Fitness Center, Park, Picnic Area, Pool, Beach Access
      • Services included: Insurance, Maintenance Grounds, Maintenance Structure
      • HOA fee: $520 quarterly
      • HOA name: Olivia Beach Homeowners
      • HOA phone: 503-445-1211
      Location
      • Region: Lincoln City

      Financial & listing details

      • Price per square foot: $430/sqft
      • Tax assessed value: $990,900
      • Annual tax amount: $6,934
      • Date on market: 8/4/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        $1,366,400

        $1.30M - $1.43M

        Not available

        Price history

        DateEventPrice
        8/4/2026Listed for sale$1,395,000+228.2%$430/sqft
        Source: OCMLS #26-2150 Report a problem
        8/15/2023Sold$425,000+88.9%$131/sqft
        Source: Public Record Report a problem
        9/29/2017Sold$225,000$69/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,726 +1108.7%$412,460 +1125.7%
        2024$556 +2.8%$33,650 +3%
        2023$541 +2.9%$32,670 +3%
        2022$526 +1.8%$31,720 +3%
        2021$517 +5.5%$30,800 +3%
        2020$490 $29,910 +3%
        2019-- $29,040 +3%
        2018$477 $28,200 +3%
        2017$477 $27,380
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 97367

        Getting around

        34 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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