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2573 SW Coral AVE Lincoln City, OR 97367
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Key Details
Sold Price $1,295,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,412 sqft
Price per Sqft $536
MLS Listing ID 24391414
Sold Date 03/18/24
Style Custom Style, Traditional
Bedrooms 4
Full Baths 3
Condo Fees $520
HOA Fees $173/qua
Year Built 2022
Annual Tax Amount $5,786
Property Description
Enjoy breathtaking panorama views of the Pacific Ocean from all three levels of this stunning Olivia Beach property. A rare opportunity to invest in a successful Vacation Rental! This turn-key, furnished custom home offers a harmonious blend of comfort and elegance, designed with durability and low maintenance in mind. Built in 2022. This exclusive residence boasts an expansive 2,412 square feet of living space, thoughtfully distributed across three levels. The home features a total of 4 bedrooms, three generously sized each with a king bed, two of which have an ensuite and deck access, and one bedroom with two single beds and a study area. There are 3.5 bathrooms, an office, and a second living area with an additional gas fireplace. The home offers ample space for both relaxation and entertainment. A two-car garage with an EV charger is located on the first level of the home, ensuring plenty of parking and storage space. The open-plan living and dining areas provide a perfect setting for gathering with loved ones or enjoying a quiet evening at home with a view. Outside, you will find a hot tub on the deck for relaxation. Additionally, the property allows access to a community pool, fitness room, parks, a sand volleyball court, and firepit as well as serene walking trails that lead to the woods or the beach. Located in the highly sought-after neighborhood of Olivia Beach in the coveted Nelscott District, this home is just moments away from local amenities. The area also provides easy access to the ocean, beautiful natural landscapes, and outdoor recreational opportunities. 2573 SW Coral Ave represents an exceptional opportunity to own a piece of Olivia Beach. Whether you're looking for a family home or a VR investment opportunity, this property promises to be a place where lasting memories are made. With Vacation Rental zoning there is no waitlist or limit on annual rental capacity, inquire about rental income!
Location
State OR
County Lincoln
Area _200
Zoning VR
Rooms
Basement None
Interior
Interior Features Floor4th, Furnished, Garage Door Opener, High Ceilings, Laundry, Luxury Vinyl Plank, Tile Floor, Washer Dryer
Heating Gas Stove, Wall Heater
Fireplaces Number 2
Fireplaces Type Gas
Appliance Dishwasher, Disposal, Free Standing Gas Range, Gas Appliances, Instant Hot Water, Island, Microwave, Pantry, Plumbed For Ice Maker, Quartz, Range Hood, Tile
Exterior
Exterior Feature Covered Deck, Free Standing Hot Tub, Gas Hookup, Security Lights
Garage Attached
Garage Spaces 2.0
Waterfront Yes
Waterfront Description OceanFront
View Ocean
Roof Type Composition
Parking Type Driveway, Off Street
Garage Yes
Building
Lot Description Ocean Beach One Quarter Mile Or Less
Story 4
Foundation Slab, Stem Wall
Sewer Public Sewer
Water Public Water
Level or Stories 4
Schools
Elementary Schools Oceanlake
Middle Schools Taft
High Schools Taft
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
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