Address
617 Sw 27th Way, Lincoln City, OR
Price
$ 720,000
Property Attributes
  • MLS#26936
  • TypeSingle Family
  • Listing Status Active
  • CountyLINCOLN
  • CityLincoln City
  • NeighborhoodOlivia Beach
  • Zip97367
  • StyleCottage
  • Year Built2007
  • Taxes$ 6047
  • Price$ 720,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1376
  • Lot Size0.09 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property Description

Experience the quintessential Oregon Coast lifestyle at this stunning Nantucket-style cottage located in the premier community of Olivia Beach. This home is perfectly positioned to offer both a private sanctuary and a high-performing investment opportunity, boasting a rare and transferable Short-Term Rental (STR) outright use. In a market where such permits are a "Golden Ticket," this property allows you to generate significant income that can pay for the home while providing you the flexibility to use it whenever you wish. The home's layout is expertly designed for the modern traveler, featuring two spacious en-suite bedrooms upstairs for maximum privacy and a bright, open-concept living space on the main level. Outdoor living is a highlight, with a charming covered front porch that overlooks the vibrant community park—complete with sand volleyball, a playground, and fire pits—and a secluded rear courtyard perfect for BBQs and a hot tub after a day at the beach. Beyond the main house and above the detached garage includes a versatile flex space or 3rd bedroom with it's own bathroom greatly increasing rental income or to be used as an owner's lockout, home office, or guest overflow. Unlike many other homes here, this garage is not shared and this unit has 3 dedicated parking spaces, creating a private feel for the entire property that you'll appreciate when you see in person. Bordering the park and situated just steps from a community trail, you have direct access to one of the prime surf beaches in Lincoln City, making this the ultimate coastal retreat for owners and renters alike.

Price History
4/11/2026 Listed $749,000
7/18/2026 4$720,000

General Features

Heating Electric,Zoned
Cooling None
Utilities Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Dishwasher,Gas Cooktop,Refrigerator
Zoning VR Vacation Rental
HOA Fee 520.0
Garage Spaces 1.0
Association Fee Includes Maintenance Grounds,Property Taxes for Common Areas
Patio/Porch Features Covered Deck,Enclosed Porch,Rear Patio
Architectural Style Cottage
Year Built 2007
Electric 200+ Amp Service
View Ocean
Property Subtype Single Family Residence
Tax Year 2025
Community Features Curbs,Sidewalks
Assoc Fee Paid Per Quarterly
County Lincoln
Property Type Residential
HOA Yes
Attached Garage No
Subdivision Name Olivia Beach
Garage Y/N Yes
Other Structures Workshop,Garage(s),Guest House
Total Rooms 1
Status Active
Directions Google Maps
City Lincoln City
Senior Community Y/N No
Lot Size Units Acres
Lot Size Square Feet 3920.4
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 6047.52
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
Year Built Source Public Records

Interior Features

Interior Amenities Vaulted Ceilings
Flooring Carpet,Hardwood,Tile
Furnished Y/N Negotiable
Fireplace Features Gas
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Window Features Double Pane Windows,Vinyl Frames
Fireplace Y/N Yes
Above Grade Finished Area 1376.0
Total Bedrooms 3
Below Grade Finished Area 0.0
Total Baths 3

Exterior Features

Parking Features Driveway
Lot Features Corner Lot
Water Source Public
Lot Size Area 0.09
Foundation Details Concrete Perimeter
Spa No
Building Area Total 1376.0
Lot Size Acres 0.09
Road Surface Type Gravel,Paved
Road Frontage Type City Street
Crops Included Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97367

Price
AVG $620K
$720K
Taxes
AVG $6,411
$6,047
Year Built
AVG 1989
2007
Visits
AVG 61
60
Data Provided by Inside Real Estate®

Areas We Cover