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Lisa Edwardsen

team@edwardsengroup.com +1(503) 575-5455

Listed by Cascade Hasson Sotheby's International Realty

$ 749,000

Est. payment -/mo

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617 SW 27TH WAY Lincoln City, OR 97367

3 Beds

2.1 Baths

1,376 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,376 sqft

Price per Sqft $544

MLS Listing ID 141249700

Style Cottage, Craftsman

Bedrooms 3

Full Baths 2

HOA Fees $450/qua

HOA Y/N Yes

Year Built 2007

Annual Tax Amount $6,142

Tax Year 2025

Lot Size 3,920 Sqft

Property Sub-Type Single Family Residence

Property Description

Experience the quintessential Oregon Coast lifestyle at this stunning Nantucket-style cottage located in the premier community of Olivia Beach. This home is perfectly positioned to offer both a private sanctuary and a high-performing investment opportunity, boasting a rare and transferable Short-Term Rental (STR) permit. In a market where such permits are a "Golden Ticket," this property allows you to generate significant income that can pay for the home while providing you the flexibility to use it whenever you wish. With the prime coastal rental season just beginning, a savvy buyer can secure the upcoming peak-season revenue immediately, gaining a massive financial head start that would be lost by waiting until later in the year. The home's layout is expertly designed for the modern traveler, featuring two spacious en-suite bedrooms upstairs for maximum privacy and a bright, open-concept living space on the main level. Outdoor living is a highlight, with a charming covered front porch that overlooks the vibrant community park—complete with sand volleyball, a playground, and fire pits—and a secluded rear courtyard perfect for BBQs after a day in the sun. Beyond the main house, the detached garage includes a versatile flex space, offering an ideal solution for an owner's lockout, home office, or guest overflow. Unlike many other homes here, this garage is not shared, creating a private feel for the entire property that you'll appreciate when you see in person. Situated just steps from a community trail, you have direct access to one of the prime surf beaches in Lincoln City, making this the ultimate coastal retreat for owners and renters alike.

Location

State OR

County Lincoln

Area _200

Rooms

Basement Crawl Space

Interior

Interior Features Furnished, Washer Dryer, Wood Floors

Heating Zoned

Cooling None

Fireplaces Number 1

Fireplaces Type Gas

Appliance Dishwasher, Gas Appliances, Granite

Exterior

Exterior Feature Fire Pit, Porch

Parking Features Detached

Garage Spaces 1.0

View Park Greenbelt, Trees Woods

Roof Type Composition

Garage Yes

Building

Lot Description Corner Lot, Ocean Beach One Quarter Mile Or Less

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Oceanlake

Middle Schools Taft

High Schools Taft

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://youtu.be/yL9C9mIhDGA

Regional Multiple Listing Service (RMLS)

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CONTACT US

+1(503) 575-5455

team@edwardsengroup.com