3063 Sw Anchor Ave, Lincoln City, OR 97367

$869,000
5
BD
4
BA
2,776
SqFt

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List Price
$869,000
MLS#
26-874
Status
ACTIVE
Days on Market
156
View
Ocean
Year Built
1940
Square Ft.
2,776
Acres
0.30
Bedrooms
5
Bathrooms
4
Property Type
Residential
Tax Amount
$7,549
Basement
Yes
Furnished
Negotiable
Water
Public

Property Description

Rare oceanfront compound in sought-after Nelscott Beach, priced below market to reflect a parking conversion opportunity. The property includes a two-unit duplex — each with 1BR/1BA and a wood-burning fireplace and kitchenette — plus a 4BR/2.5BA main home, all with direct beach access via private stairs to miles of sand and surf. A large oceanfront deck, protective concrete seawall, and classic Oregon Coast details throughout — knotty pine, wainscoting, and wood-burning fireplaces. Mixed Use zoning allows vacation rentals. The lower level is well-suited for conversion to on-site parking, which would significantly enhance rental income potential and overall value. A compelling buy for the investor or buyer willing to do the work.

Additional Information

Roof
Composition
Foundation
Block, Concrete Perimeter
Furnished
Negotiable
Interior Features
Eat-In Kitchen, Storage
Zoning
NBMU - Nelscott Beach Mixed Use
Terms
1031 Exchange, Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of eXp Realty LLC.