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1540 Nw 20th St, Lincoln City, OR 97367

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For Sale

$415,000

2 beds • 1 baths • 728 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $570.05
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This charming beach cottage is ideally situated between Highway 101 and the stunning coastline, offering the perfect blend of convenience and coastal living. Nestled in the highly desirable Lincoln City, this property is more than just a picturesque retreat it's also a valuable investment opportunity. Thanks to the extremely rare OPMSH zoning, this cottage comes with guaranteed short-term rental (STR) use, making it a lucrative income-producing asset from day one. Step inside this turnkey home, and you'll find a thoughtfully designed space that combines comfort with functionality. The practical kitchen is well-equipped for all your culinary needs, while the generous living area invites you to relax and unwind after a day at the beach. With two cozy bedrooms and a well-appointed bathroom, this cottage offers the perfect setting for an intimate escape. Whether you're planning to use it as a weekend getaway or rent it out to visitors, this property has all the elements needed to create memorable experiences. The cottage also boasts modern upgrades, including a newer mini-split HVAC system that ensures year-round comfort. Additionally, the detached single-car garage provides plenty of storage space for all your beach gear and more. With its prime location, income-generating potential, and undeniable charm, this beach cottage is ready to be your home away from home or a profitable addition to your real estate portfolio.
MLS# 24610331

Courtesy Of EXP REALTY LLC

(888) 814-9613

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Cottage
  • Exterior Type
    Vinyl Siding
  • Lot Size
    0.11 Acres

Map and Directions

Directions to 1540 Nw 20th St, Lincoln City, OR 97367

Home seller CENTURY 21 North Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North Homes Realty

(503) 429-4300
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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