MLS# 24537703 – 7123 Nw Logan Rd, Lincoln City, OR 97367

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$1,450,000 - 5Br/2Ba - for Sale in Roads End, Lincoln City
Price: $1,450,000
Beds: 5
Baths: 2
Living Area SqFt: 2,424
Status: Pending
Property Type: Singlefamilyresidence
Lot Size Acres: 0.29
Lot Size SqFt: 12,632
Year Built: 1952
Neighborhood: Roads End
Days on Website: 124

Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate.

Property Description

RARE INVESTMENT OPPORTUNITY! Ocean front property with private stairs to the sand! Located in the highly sought-after Roads End area of Lincoln City. Entering the home all you see is a 270-degree view of the beautiful Pacific Ocean, sand and surf. Ocean views from 4 of the bedrooms as well. Outdoor enclosed area, deck overlooking the ocean and double carport. Original clear cedar, Doug fir and Pine throughout. Gas fireplace in the living room and in the master bedroom. This is a well-established and successful vacation rental, gross rent in 2022 was $107,733.50, 2023 was $136,138.50. UNTIL NOVEMBER 22ND THE VACATION RENTAL PERMIT TRANSFERS WITH THE SALE OF THE HOME. NO NEED TO REAPPLY AND WAIT IN LINE FOR A NEW VRD PERMIT WITH THE CITY. Property managers are happy to continue renting for new owners for seamless transition and immediate income. Plenty of time for personal use with friends and family while still earning income.

Property Details and Features

  • Lot
  • Size Acres: 0.29
  • Features: Level,OceanBeachOneQuarterMileOrLess,Sloped
  • Size Range: SqFt10000to14999
  • Size Square Feet: 12,632
  • Size: 10,000 to 14,999 SqFt
  • Property Access
  • Road Surface Type: Concrete,Paved
  • Appliances & Equipment
  • Appliances: GasAppliances,Granite
  • Basement
  • Basement: Daylight,Finished
  • Bathrooms
  • 2 total baths
  • 2 full bathrooms
  • 1 total lower level bath
  • 1 lower level full bath
  • 1 total main level bath
  • 1 main level full bath
  • Bedrooms
  • 5 total bedrooms
  • Building
  • Architectural Style: DaylightRanch
  • Building Area Calculated: 1224
  • Building Area Description: per seller
  • Building Area Total: 2424
  • Built in 1952
  • Lower Level Area Total: 1200
  • Main Level Area Total: 1224
  • Stories: 2
  • Disclosures
  • Disclosures: Disclosure
  • Exterior Features
  • Exterior Description: Cedar,ShakeSiding
  • Exterior Features: Deck,Fenced,FreeStandingHotTub,Patio
  • Fireplaces
  • Fireplace Features: Gas
  • Fireplace Included
  • Fireplaces Total: 2
  • Foundation
  • Foundation Details: Slab
  • Garage
  • Garage Spaces: 2
  • Garage Type: Carport
  • Water Features
  • Water Body Name: Pacific Ocean
  • Waterfront Features: OceanFront
  • Waterfront Property
  • Heating
  • Heating Available
  • Heating: ForcedAir
  • Interior Features
  • Features: WasherDryer
  • Listing
  • Contract Status Change Date: 2024-09-11
  • Cumulative Days On Market: 55
  • Days On Market: 55
  • Last Transaction Date: 2024-09-12 09:58:12
  • List Price: $1,450,000
  • Listing Contract Date: 2024-07-18
  • Listing Id: 24537703
  • Mls Status: Pending
  • Modification Timestamp: 2024-09-12 09:58:12
  • Off Market Date: 2024-09-11
  • On Market Date: 2024-07-18
  • Previous List Price: $1,500,000
  • Purchase Contract Date: 2024-09-11
  • Standard Status: Pending
  • Location
  • MLS Area Major: _200
  • Subdivision Name: ROADS END
  • County Or Parish: Lincoln
  • Parking
  • Features: Carport,ParkingPad
  • 2 total parking spots
  • Possession
  • Possession: Negotiable
  • Property
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Property View
  • Roof
  • Roof: Composition
  • Schools
  • High School: Taft
  • Middle Or Junior School: Taft
  • Elementary School: Taft
  • Sewer
  • Sewer: PublicSewer
  • Taxes
  • Annual Amount: $10,728
  • Legal Description
  • Tax Year: 2023
  • Utilities
  • Fuel Description: Gas
  • Hot Water Description: Electricity
  • Water Source: PublicWater

Property Map

$1,450,000 – 7123 Nw Logan Rd, Lincoln City, OR 97367

Street View

Nearby Schools

This content last updated on November 24, 2024 14:44. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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