$499,000

1333 NE Keel Ave Lincoln City, OR 97367

Estimated payment $3,061/month

Total Views 658
3 Beds
2 Baths
1,648 Sq Ft
$303 Price per Sq Ft

Highlights

  • Very Popular Property
  • Craftsman Architecture
  • 1 Car Attached Garage
  • Ocean View
  • No HOA
  • Double Pane Windows

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 a lot line adjustment or the recording of an ingress/egress easement with the adjacent property to the south to be completed prior to the close of escrow to ensure access and parking.The adjacent property is also available for purchase. Check with your agent for details.

Listing Agent

Dennis Regen

Taylor & Taylor Realty Co. Brokerage Phone: 541-994-9111 License #810604051 Listed on: 07/28/2025

Co-Listing Agent

Jill Hurd

Taylor & Taylor Realty Co. Brokerage Phone: 541-994-9111 License #201223677

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,589

Year Built

  • Built in 1950

Lot Details

  • 3,484 Sq Ft Lot
  • Lot Dimensions are 132.5x30
  • Cleared Lot
  • Property is zoned OP-MSH

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Craftsman Architecture
  • Fixer Upper
  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,648 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Ocean Views
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessibility Features
  • Accessible Parking

Location

  • Property is near a bus stop

Schools

  • Taft Elementary And Middle School
  • Taft High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Raymond Townsite Subdivision

Listing and Financial Details

  • Assessor Parcel Number R422041

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,589

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 3
  • Year Built: 1950
  • Property Condition: Fixer
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Craftsman
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Unit Floor Number: 1
  • Special Features: None

Interior Features

  • Accessibility Features: Parking
  • Total Bathrooms: 2.0
  • Interior Amenities: Floor3rd
  • Basement: Finished
  • Window Features: DoublePaneWindows
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Cleared, OceanBeachOneQuarterMileOrLess, OnBusline
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: Sidewalk
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Oceanlake
  • High School: Taft
  • Middle Or Junior School: Taft
  • Elementary School #2: Taft

Lot Info

  • Zoning: OP-MSH
  • Land Lease: No
  • Lot Size Acres: 0.08
  • Lot Size: 132.5x30
  • Lot Size Sq Ft: 3484.0
  • Parcel #: R422041

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3588.91
  • Tax Opportunity Zone: Yes

Map

Range of Values:

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Average Value
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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: Regional Multiple Listing Service (RMLS)

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

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 300329160

Regional Multiple Listing Service (RMLS)

APN: R422041