1540 Northwest 20th Street

Lincoln City, OR 97367

$415,000
Price
2
Beds
1
Bath
728 Sq. Ft.
$570 / Sq. Ft.
728
Sq. Ft.
$570
per Sq. Ft.

Description

This charming beach cottage is ideally situated between Highway 101 and the stunning coastline, offering the perfect blend of convenience and coastal living. Nestled in the highly desirable Lincoln City, this property is more than just a picturesque retreat—it's also a valuable investment opportunity. Thanks to the extremely rare OPMSH zoning, this cottage comes with guaranteed short-term rental (STR) use, making it a lucrative income-producing asset from day one. Step inside this turnkey home, and...This charming beach cottage is ideally situated between Highway 101 and the stunning coastline, offering the perfect blend of convenience and coastal living. Nestled in the highly desirable Lincoln City, this property is more than just a picturesque retreat—it's also a valuable investment opportunity. Thanks to the extremely rare OPMSH zoning, this cottage comes with guaranteed short-term rental (STR) use, making it a lucrative income-producing asset from day one. Step inside this turnkey home, and you'll find a thoughtfully designed space that combines comfort with functionality. The practical kitchen is well-equipped for all your culinary needs, while the generous living area invites you to relax and unwind after a day at the beach. With two cozy bedrooms and a well-appointed bathroom, this cottage offers the perfect setting for an intimate escape. Whether you're planning to use it as a weekend getaway or rent it out to visitors, this property has all the elements needed to create memorable experiences. The cottage also boasts modern upgrades, including a newer mini-split HVAC system that ensures year-round comfort. Additionally, the detached single-car garage provides plenty of storage space for all your beach gear and more. With its prime location, income-generating potential, and undeniable charm, this beach cottage is ready to be your home away from home—or a profitable addition to your real estate portfolio.
  1. Listed by Evan Nelson • eXp Realty, LLC • 310-422-6044

Property Details for 1540 Northwest 20th Street

Style
Stories2, Cottage
Parking Features
Driveway, Off Street
Zoning
OPMSH
Garage Spaces
1.00
Parking Total
1.00
LISTING UPDATED: 12/21/2024 01:50 AM

Property Details for 1540 Northwest 20th Street

StatusActive
MLS #24610331
Days on Market115
Taxes$1,886 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1930
Lot Size0.11 AC / 4,791 SF
CountyLincoln County

Building Information for 1540 Northwest 20th Street

Stories2Year Built1930Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 1540 Northwest 20th Street

Summary
Location and General Information
  • Country: US
  • Directions: Hwy 101
  • Road Surface: Paved
School Information
  • Elementary School: Oceanlake
  • High School: Taft
  • Middle Or Junior School: Taft
Parking
  • Garage Type: Detached
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $1,886.18
  • Parcel Number: R384246
  • Tax Legal Description: PROPERTY ID R384246 DEVILS LAKE PARK, BLOCK 5, LOT 12, DOC2018076
Property
Lot Information
  • Acres: 0.11
  • Lot Description: Gentle Sloping, Level
  • Lot Size Square Feet: 4791.0
  • Lot Size Range: Sq Ft3000to4999
  • Lot Size: 3,000 to 4,999 Sq Ft
  • SqFt Source: Old MLS
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Public Water
  • Property Condition: Resale
  • Year Built: 1930
Utilities
  • Cooling Description: Mini Split
  • Fuel Description: Electricity
  • Heating Description: Mini Split
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Fireplaces Total: 0
  • SqFt Calculated: 728
  • SqFt Lower Level Total: 0
  • SqFt Main Level Total: 584
  • SqFt Upper Level Total: 144
  • Bedrooms Total: 2
  • Stories: 2
  • Baths Total: 1.0
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Level: Main
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Level: Upper
Dining Room
  • Room Description: Dining Room
  • Dining Room Level: Main
Family Room
  • Room Description: Family Room
Kitchen
  • Room Description: Kitchen
  • Kitchen Room Level: Main
Living Room
  • Room Description: Living Room
  • Living Room Level: Main
Baths
  • Baths Lower Level Full: 0
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 0.0
  • Baths Main Level Full: 1
  • BathsMainLevelPartial: 0
  • Baths Main Level Total: 1.0
  • Bathrooms Full: 1
  • Baths Partial: 0
  • Total Bathrooms: 1
  • Baths Upper Leve lFull: 0
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 0.0
Multi Family
Multi-Family Information
  • SqFt Approximate Building Total: 728

Property History for 1540 Northwest 20th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1540 Northwest 20th Street

Taxable ValueLand-Additions-Total-
Tax Record2023$1,886 ($157 / month)
Home Facts
Beds2Baths1Total Finished SqFt584 SqFtAbove Grade Finished SqFt584 SqFtStories1Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built1930ZoningOP(MSH)CountyLINCOLNAPN07-11-10-DB-08500-00Fireplace TypeHas Fireplace

Schools near 1540 Northwest 20th Street

This home is within Lincoln County School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 7 to 8
Public - 9 to 12
Public - 3 to 6
Rating
School
Distance
Oceanlake Elementary School
PublicK to 2

Taft Middle School
Public7 to 8

Taft High School
Public9 to 12

Taft Elementary School
Public3 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1540 Northwest 20th Street is a single family home for sale in Lincoln City, OR 97367. This property was listed for sale on August 29, 2024 by eXp Realty, LLC, it's currently listed at $415,000. It has been on the market for a total of 115 days and was last sold on August 2, 2018. This listing's school district is Lincoln County School District. Nearby schools include Oceanlake Elementary School, Taft Middle School and Taft High School. 1540 Northwest 20th Street is a 2-bed, 1-bath, 728 sqft single family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 12/21/2024 01:50 AM