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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.