Enjoy breathtaking panorama views of the Pacific Ocean from all three levels of this stunning Olivia Beach property. A rare opportunity to invest in a successful Vacation Rental! This turn-key, furnished custom home offers a harmonious blend of comfort and elegance, designed with durability and low maintenance in mind. Built in 2022. This exclusive residence boasts an expansive 2,412 square feet of living space, thoughtfully distributed across three levels. The home features a total of 4 bedrooms, three generously sized each with a king bed, two of which have an ensuite and deck access, and one bedroom with two single beds and a study area. There are 3.5 bathrooms, an office, and a second living area with an additional gas fireplace. Zoned VR,Inquire about rental income!
Closed
$1,295,000
2573 SW Coral Ave, Lincoln City, OR 97367
4beds
4baths
2,412sqft
Single Family Residence
Built in 2022
4,356 Square Feet Lot
$1,250,100 Zestimate®
$537/sqft
$4,330 Estimated rent
Home value
$1,250,100
$1.15M - $1.34M
$4,330/mo
Zestimate® history
Owner options
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$4,330/mo
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$4,330/mo
Rent Zestimate®
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$6,856/mo
Est. payment
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$6,856/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Stella K Schaefer 503-857-2380,
eXp Realty LLC
Bought with:
Stella K Schaefer, 201241476
eXp Realty LLC
Source: OCMLS,MLS#: LC-100455
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Primary bedroom
- Description: King bed with Ensuite, Access to Deck
Bedroom 2
- Description: King bed with Ensuite, Access to Deck
Bedroom 3
- Description: Two Single beds and desk area
Bedroom 4
- Description: King Bed
Bathroom
- Description: Ensuite, Soaking tub and walk in tile shower
Bathroom
- Description: Ensuite, Bath/Shower combo
Bathroom
- Description: Tile walk in shower
Bonus room
- Description: Office
Family room
- Description: Gas Fireplace, Coffee/ Wine bar
Living room
- Description: Access to Deck, Gas Fireplace
Utility room
- Description: Large Storage Space Level 1, use as owners closet
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Dryer, Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Washer, Water Heater
Features
- Vaulted Ceiling(s)
- Flooring: Carpet, Other
- Windows: Window Treatments
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Gas
- Furnished: Yes
Interior area
- Total structure area: 2,412
- Total interior livable area: 2,412 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Garage spaces: 2
Features
- Levels: Multi/Split
- Has view: Yes
- View description: Park/Greenbelt
Lot
- Size: 4,356 Square Feet
Details
- Additional structures: None
- Parcel number: 071122CA1810000
- Zoning description: VR Vacation Rental
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Concrete, Shake Siding, Shingle Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Composition
Condition
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Available
Community & HOA
Community
- Subdivision: Olivia Beach
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Other
- HOA fee: $475 quarterly
Location
- Region: Lincoln City
Financial & listing details
- Price per square foot: $537/sqft
- Annual tax amount: $5,786
- Date on market: 2/20/2024
- Listing terms: 1031 Exchange,Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2024 | Sold | $1,295,000$537/sqft |
Source:  OCMLS #LC-100455 Report a problem | ||
| 2/26/2024 | Pending sale | $1,295,000$537/sqft |
Source:  RMLS (OR) #24391414 Report a problem | ||
| 2/19/2024 | Listed for sale | $1,295,000$537/sqft |
Source: RMLS (OR) #24391414 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 97367
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Nearby schools
GreatSchools rating
- 6/10Taft Elementary SchoolGrades: 3-6Distance: 1 mi
- 6/10Taft Middle SchoolGrades: 7-8Distance: 1 mi
- 3/10Taft High SchoolGrades: 9-12Distance: 0.8 mi
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- Oregon
- Lincoln County
- Lincoln City
- 97367
- 2573 SW Coral Ave
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