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.
Room Features
2nd BedroomLower
3rd BedroomLower
4th BedroomLower
5th BedroomLower
Bathrooms Full Lower Room1
Bathrooms Full Main Room1
Bathrooms Total Lower Room1.0
Bathrooms Total Main Room1.0
Bathrooms Total Upper Room0.0
Family RoomMain
Family Room FeaturesBeamed Ceilings, Fireplace
KitchenMain
Kitchen FeaturesDishwasher, Gas Appliances
Living RoomLower
Media RoomMain
Media Room FeaturesSliding Doors
Primary BedroomLower
Primary Bedroom FeaturesFireplace, Sliding Doors
Basement DescriptionDaylight, Finished
Lot & Building Features
AppliancesGas Appliances, Granite
HeatingForced Air
Parking DescriptionCarport, Parking Pad
SewerPublic Sewer
WaterPublic Water
Water HeaterElectricity
WaterfrontOcean Front
Fireplaces2
Community and Schools
Elementary SchoolTaft
Junior High SchoolTaft
Senior High SchoolTaft
Price History of 7123 LOGAN RD, Lincoln City, OR
Date
Name
Price
Difference
09/03/2024
Price Adjustment
$1,450,000
3.33%
07/18/2024
Listing Price
$1,500,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
7123 LOGAN RD (MLS #24537703) is a daylight ranch single family home located in Lincoln City, OR.
This single family home is 2,424 sqft and on a lot of 12,632 sqft (or 0.29 acres) with 5 bedrooms, 2 baths and is 72 years old. This property was listed on 07/23/2024 and has been priced for sale at $1,450,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: Berkshire Hathaway HomeServices NW Real Estate
