Closed

$770,000

2797 SW Beach Ave, Lincoln City, OR 97367

3beds

3baths

2,076sqft

Single Family Residence

Built in 2006

3,920 Square Feet Lot

$751,500 Zestimate^®

$371/sqft

$3,148 Estimated rent

Home value

$751,500

$706,000 - $804,000

$3,148/mo

Zestimate^® history

Owner options

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$3,148/mo

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$3,148/mo

Rent Zestimate^®

Refinance and save

$5,184/mo

Est. payment

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$5,184/mo

Est. payment

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What's special

This beautifully crafted custom home was the original model for the highly sought-after Olivia Beach Development, zoned VR for outright use Vacation Rentals. Inside, you'll find warm hardwood floors, high ceilings, elegant white wainscoting, and woodwork throughout. The spacious kitchen includes a large pantry, and the home boasts fresh paint both inside and out. A cozy gas fireplace with custom built-in shelving offers the perfect space to showcase coastal décor, while the exterior rock chimney adds to the charming Cottage House style. The wrap-around covered porch expands your living space, allowing you to enjoy the outdoors even in rainy weather. The detached Carriage House, featuring hardwood floors, provides an ideal space for a getaway, office, or game room. Comes turn-key.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Primary bedroom

Description: Suite, High Ceilings

Bedroom 2

Description: Carpet, Queen Bed

Bedroom 3

Description: Bunk Room, closet

Bathroom

Description: Tile Floors, Pedestal Sink, Shower

Bathroom

Description: Tile floors & counters, tub/shower

Bonus room

Description: Carriage House, hardwoods, vaulted ceilings

Dining room

Description: Hardwoods, French Doors, Wainscoting

Kitchen

Description: White Woodwork, White Appliances, Gas Range, Pantry, Granite

Living room

Description: Hardwoods, Gas Fireplace, Wainscoting, High Ceilings

Utility room

Description: Tile floors, Washer/Dryer, Back entrance

Heating

Has Heating (Unspecified Type)

Appliances

Included: Dryer, Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Washer, Water Heater

Features

Vaulted Ceiling(s)
Flooring: Carpet, Tile, Wood
Windows: Window Treatments
Has basement: No
Has fireplace: Yes
Fireplace features: Gas
Furnished: Yes

Interior area

Total structure area: 2,076
Total interior livable area: 2,076 sqft

Property

Parking

Total spaces: 1
Parking features: Detached Garage
Garage spaces: 1

Features

Levels: Two
Stories: 2
Has view: Yes
View description: Park/Greenbelt

Lot

Size: 3,920 Square Feet

Details

Additional parcels included: Corner lot, original model home for the Olivia Beach Development with many extras.
Parcel number: 071122CA720000
Zoning description: VR Vacation Rental

Construction

Type & style

Home type: SingleFamily
Architectural style: Cottage
Property subtype: Single Family Residence

Materials

Cedar, Lap Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 2006

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: Insurance, Maintenance Grounds, Property Taxes for Common Areas, Utilities, Other
HOA fee: $520 quarterly
HOA phone: 503-445-1225

Location

Region: Lincoln City

Financial & listing details

Price per square foot: $371/sqft
Tax assessed value: $818,310
Annual tax amount: $7,000
Date on market: 10/22/2024
Listing terms: 1031 Exchange,Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
12/2/2024	Sold	$770,000-1.3%$371/sqft
Source: OCMLS #LC-101998 Report a problem
10/28/2024	Contingent	$779,900$376/sqft
Source: OCMLS #24-2297 Report a problem
10/22/2024	Listed for sale	$779,900+100%$376/sqft
Source: OCMLS #24-2297 Report a problem
6/17/2016	Sold	$390,000-2.5%$188/sqft
Source: OCMLS #LC-76502 Report a problem
4/19/2016	Pending sale	$399,900$193/sqft
Source: Cascade Sotheby's International Realty #15443106 Report a problem
2/2/2016	Price change	$399,900-2.4%$193/sqft
Source: Cascade Sotheby's International Realty #15443106 Report a problem
1/20/2016	Price change	$409,900-2.4%$197/sqft
Source: Cascade Sotheby's International Realty #15443106 Report a problem
8/25/2015	Price change	$419,900-6.5%$202/sqft
Source: Emerald Coast Realty , Inc Depoe Bay #15-1264 Report a problem
5/5/2015	Listed for sale	$449,000+15.4%$216/sqft
Source: Emerald Coast Realty Inc Report a problem
4/22/2013	Sold	$389,000-4%$187/sqft
Source: Public Record Report a problem
4/23/2007	Sold	$405,000$195/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,983 +2.8%	$422,230 +3%
2023	$6,790 +2.9%	$409,940 +3%
2022	$6,601 +1.8%	$398,000 +3%
2021	$6,482 +5.5%	$386,410 +3%
2020	$6,143	$375,160 +3%
2019	--	$364,240 +3%
2018	$5,980	$353,640 +3%
2017	$5,980 +11.4%	$343,340 +3%
2016	$5,368	$333,340 +3%
2015	$5,368 +5%	$323,640 +3%
2014	$5,114	$314,220