$499,000

1333 NE Keel Ave Lincoln City, OR 97367

Estimated payment $2,958/month

Total Views 5,399
4 Beds
2 Baths
1,648 Sq Ft
$303 Price per Sq Ft

Highlights

  • Ocean View
  • No HOA
  • 1 Car Detached Garage
  • Traditional Architecture
  • Covered Patio or Porch
  • Living Room

About This Home

Opportunity knocks in the heart of Lincoln City. This partially finished 4-bed, 2-bathroom home offers ocean views from the upper level and is ideally located near shopping, dining, the casino, and miles of sandy beaches. The property is zoned to allow for short-term rentals, making it a rare find for investors or those looking to create a coastal getaway with income potential.
Interior improvements are already underway electrical, plumbing, and sheetrock have been completed—allowing you to step in and finish the home to your design preferences. The structure sits on a level lot with convenient access, and its central location offers both residential comfort and commercial potential. The property is being sold as-is. Whether you're looking for a full-time residence, a vacation rental, or a long-term investment, this is a promising canvas in a high-demand location.
The sale is subject to an ingress/egress easement with the adjacent property to to the South for shared parking to be completed prior to closing. The adjacent property is also available for purchase. Check with your agent for details.

Listing Agent

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 07/25/2025

Co-Listing Agent

Jill Hurd

Taylor & Taylor Realty Company License #201223677

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,589

Year Built

  • Built in 1950

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 132.5x30
  • Property fronts a highway
  • Property is zoned OP-MSH Main Street Highway

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,648 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • No Cooling
  • No Heating
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association
  • Raymond Townsite Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 071110DC-3400-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,589

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Highway
  • Lot Size Acres: 0.08
  • Lot Size: 132.5x30
  • Lot Size Sq Ft: 3484.8
  • Road Surface Type: Paved
  • Subdivision Name: Raymond Townsite
  • Directions: Highway 101 to NE 14th St, South on NE Keel, see sign
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1950
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Highway
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: .08
  • General Property Description:_pound_ of Acres: 0.08
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 3400
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Internal Features:Furnished: No
  • General Property Description:Lot Dimensions: 132.5x30
  • Location Tax and Other Information:Subdv ParcelLot: 2
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Alternate Heat:None7: Yes
  • Sewer:City Property2: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • General Property Description Senior Community YN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Flooring: Other

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Detached
  • General Property Description:Garage Stall: 1

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Water Source: Public
  • HeatingCooling:No - Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071110DC-3400-00
  • Zoning: OP-MSH Main Street Highway

Tax Info

  • Tax Annual Amount: 3588.91
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,589 $210,510 -- --
2023 $2,501 $146,480 $0 $0
2022 $1,795 $104,990 $0 $0
2021 $1,710 $101,940 $0 $0
2020 $1,671 $98,980 $0 $0
2019 $1,614 $96,100 $0 $0
2018 $1,578 $93,310 $0 $0
2017 $1,510 $90,600 $0 $0
2016 $1,417 $87,970 $0 $0
2015 $1,385 $85,410 $0 $0
2014 $1,350 $82,930 $0 $0
2013 -- $80,520 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $499,000 -- $303 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 Western Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $350,000 New Conventional
Source: Public Records

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 25-1698

APN: R422041