*Sellers will be reviewing all offers this Wednesday, May 6th at 5:00pm. Charming 1940's beach cottage located in the heart of Lincoln City's beloved Nelscott disctrict, offering an unbeatable location with ocean views and beach access just across the street. This coastal gem blends vintage character with everyday comfort and has been lovingly held for over 50 years- making its first time on the market in decades. The inviting living room features a cozy gas fireplace, creating the perfect spot to unwind after a day at the beach. Large windows fill the home with natural light, while the spacious deck invites you to sip your morning coffee, watch sunsets and listen to the waves roll in. Offered fully furnished and truly turnkey, this home is ready to enjoy from day one- whether as a personal retreat, full-time residence, or investment property. Currently operating as a short-term vacation rental, the property is located in a zoning area that allows for STR use, offering flexibility and income potential (buyer to verify current vacation rental requirements with Lincoln City). Just moments from Nelscott's shops & restaurants and one of the central coastal premier spots to hunt for agates and surf!
Closed
$540,000
3238 SW Anchor Ave, Lincoln City, OR 97367
3beds
1,260sqft
Single Family Residence
Built in 1940
3,049 Square Feet Lot
$536,100 Zestimate®
$429/sqft
$2,426 Estimated rent
Home value
$536,100
$482,000 - $595,000
$2,426/mo
Zestimate® history
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List your homeWhat's special
Cozy gas fireplace
Zillow last checked:
Listing updated:
Listed by:
Heather Lea Jordan 541-640-0678,
Taylor & Taylor Realty Company
Bought with:
Alishia J Smith, 201241702
MORE Realty
Stacey Clendenin, 201220935
MORE Realty
Source: OCMLS,MLS#: 26-1144
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Electric, Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dryer, Disposal, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Oven, Electric Range, Microwave, Refrigerator, Range Hood, Washer, Water Heater
- Laundry: Main Level, Sink
Features
- Open Floorplan, Storage
- Flooring: Carpet, Laminate
- Windows: Double Pane Windows, Vinyl Frames, Blinds
- Basement: Daylight,Finished
- Number of fireplaces: 1
- Fireplace features: Gas, Insert
- Furnished: Yes
Interior area
- Total structure area: 1,260
- Total interior livable area: 1,260 sqft
- Finished area above ground: 840
- Finished area below ground: 420
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking, Attached Garage, Driveway, Off Street, On Street, Gravel
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Wrap Around Deck
- Exterior features: Private Yard
- Fencing: None
- Has view: Yes
- Has water view: Yes
Lot
- Size: 3,049 Square Feet
- Features: City Lot
Details
- Additional structures: None
- Parcel number: R403575
- Zoning description: NBMU - Nelscott Beach Mixed Use
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- HardiPlank Type, Other, Lap Siding
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1940
- Major remodel year: 1990
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected, Phone Available, Utilities in Garage
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Nelscott Beach
HOA
- Has HOA: No
Location
- Region: Lincoln City
Financial & listing details
- Price per square foot: $429/sqft
- Tax assessed value: $478,120
- Annual tax amount: $3,048
- Date on market: 5/1/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Sold | $540,000+4%$429/sqft |
Source:  OCMLS #26-1144 Report a problem | ||
| 5/7/2026 | Pending sale | $519,000$412/sqft |
Source: OCMLS #26-1144 Report a problem | ||
| 5/1/2026 | Listed for sale | $519,000$412/sqft |
Source: OCMLS #26-1144 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,911 +2.8% | $176,030 +3% |
| 2023 | $2,831 +2.9% | $170,910 +3% |
| 2022 | $2,752 +10.5% | $165,940 +11.8% |
| 2021 | $2,490 +5.5% | $148,420 +3% |
| 2020 | $2,360 | $144,100 +3% |
| 2019 | -- | $139,910 +3% |
| 2018 | $2,297 | $135,840 +3% |
| 2017 | $2,297 +11.4% | $131,890 +3% |
| 2016 | $2,062 | $128,050 +3% |
| 2015 | $2,062 +4.9% | $124,330 +3% |
| 2014 | $1,965 | $120,710 |
Find assessor info on the county website
Neighborhood: 97367
Nearby homes
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Nearby schools
GreatSchools rating
- 6/10Taft Elementary SchoolGrades: 3-6Distance: 0.6 mi
- 6/10Taft Middle SchoolGrades: 7-8Distance: 0.6 mi
- 3/10Taft High SchoolGrades: 9-12Distance: 0.5 mi
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- Oregon
- Lincoln County
- Lincoln City
- 97367
- 3238 SW Anchor Ave
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