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4239 SW Highway 101 APT 7, Lincoln City, OR, 97367

4beds
2baths
1,565sqft
$599,000
$383price/sqft
$3,714/moest. monthly cost
$148,560/yrincome needed

About This Home

Outstanding FT residence, 2nd home, or fully furnished turnkey STR opportunity in this oversized ocean view condo! 4 BRs, 2 full BTH, galley kitchen, 2 bonus rooms for offices/dens (master den w/ kitchenette/wet bar), in-unit full-sized washer/dryer, and exclusive use of the only garage in the complex! Enjoy the ocean breeze, sunsets, whale watching on the private deck, warm up after the beach by the gas fireplace or in the included sauna! HOA fee of $574 includes water, sewer, garbage, basic cable, high-speed Internet, interior plumbing, all common area maintenance/utilities/landscaping/insurance, and even provides short term rental insurance! Property grossed $46K in rental revenues in 2022. Commercial zoning allows STR Licensing. Buyer Due Diligence required w/ the City of L.C.

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

6/10
Taft Elementary SchoolGrades 3-60.3 mi
6/10
Taft Middle SchoolGrades 7-80.3 mi
3/10
Taft High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1952

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition,Shingle
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Microwave,Refrigerator,Washer,Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Sauna,Wet Bar
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,565

Heating & Cooling

  • Heating features: Electric,Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 1,565
  • Total interior livable area: 1,565 sqft

Property

Details

  • Parcel number: R368300
  • Zoning description: C-2 General Commercial
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1

Parking

  • Total spaces: 1
  • Parking features: Additional Parking,Detached Garage,Off Street,Paved
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1