3 Beds

2 Baths

1,818 SqFt

Active

Turnkey short-term rental with coveted outright-use zoning—no licensing waitlist, no red tape, just immediate income potential! Currently operating as a profitable Airbnb, this charming 3-bedroom, 2-bath coastal home is located in the highly desirable OceanLake Plan District/Interior Mixed Use zone, where short-term rentals are fully permitted. Just moments from the beach with convenient drive-on access, this well-maintained property is fully furnished and ready to continue as a successful vacation rental, personal getaway, or full-time residence. The main home features modern updates including a spacious kitchen with wood floors, vaulted ceilings, and generously sized bedrooms and bathrooms that offer both comfort and style. Two detached bonus cabins, each with its own bathroom, provide additional flexibility for creative use, storage, or guest overflow (buyer to verify any potential uses). Buyers are free to self-manage or choose any vacation rental company, offering maximum control and convenience. Situated in a vibrant, walkable coastal district, this is a rare opportunity to own a ready-to-go income property by the beach. (Buyer to verify all permitted uses with the Lincoln City Planning Department.)

Property Details
Price $650,000
Bedrooms 3
Full Baths 2
Total Baths 2
Property Style Cottage
Acres 0.23
Stories 2
Features TileFloor,VaultedCeiling,WalltoWallCarpet
Exterior Features Greenhouse,Porch,ToolShed
Year Built 1926
Subdivision Raymond Townsite
Roof Composition
Heating WallHeater,Zoned
Foundation ConcretePerimeter
Parking Description Driveway,RVAccessParking
Geographic Data
Directions Hwy 101 to NW 15th St., West to address on the left.
County Lincoln
Latitude 44.975629
Longitude -124.013518
Market Area _200
Address Information
Address 1340 NW 15TH ST
Postal Code 97367
City LincolnCity
State OR
Country United States
Listing Information
Listing Office Coldwell Banker Professional
Listing Agent Hannah Katz
Terms Cash,Conventional
Virtual Tour URL https://youtu.be/coAL4uWXk58
School Information
Elementary School Oceanlake
Middle School Taft
High School Taft
MLS® Information
Days on market 203
MLS® Status Active
Listing Date Feb 25, 2025
Listing Last Modified Sep 16, 2025
Tax ID R360703
Tax Year 2024
Tax Annual Amount 5390
MLS® Area _200
MLS® # 540511153

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This information is believed to be accurate, but without any warranty.