$879,000

2539 SW Coral Loop Lincoln City, OR 97367

Estimated payment $5,458/month

Total Views 20,695
3 Beds
2.5 Baths
1,871 Sq Ft
$470 Price per Sq Ft

Highlights

  • Ocean View
  • Traditional Architecture
  • 2 Fireplaces
  • Covered Deck
  • Wood Flooring
  • Furnished

About This Home

Welcome to this thoughtfully designed Olivia Beach home, where coastal charm meets modern comfort. Built in 2018, this furnished 3-bedroom, 2.5-bathroom property offers 1,871 square feet across three well-planned levels—perfect as a full-time residence, vacation retreat, or short-term rental investment.(This home has an active STR license -new owners can easily obtain license without being on waitlist, making it a seamless opportunity for investors).The upper level offers flexible use: it can serve as a traditional family room with an adjoining primary suite or be enjoyed as a spacious retreat with a private sitting area, 2nd gas fireplace, and deck with a peekaboo ocean view.From the second and third floor balconies, enjoy a clear view of Siletz Bay fireworks on the 4th of July! On the main level, hardwood floors and a ceiling fan set a warm tone in the living room, which is further cozyed by a gas fireplace. Thoughtful touches throughout enhance the home’s inviting ambiance. The open-concept kitchen, dining, and living spaces create a perfect environment for entertaining or unwinding. The kitchen boasts granite countertops and stainless-steel appliances, while the living area opens onto a covered deck with ocean glimpses. The lower level includes two comfortable guest bedrooms and a full bathroom, offering privacy and flexibility for family and visitors. Each level features its own covered deck, extending your living space outdoors rain or shine. Outside, you’ll find a built-in firepit, perfect for cozy evenings. Three parking spaces provide added convenience. A 10-minute walk takes you to the beach or the local Nelscott restaurants. Plus enjoy a wealth of community amenities including an outdoor pool, exercise room, playground, and sand volleyball courts, perfect for relaxation and recreation year-round. Whether you're after a turnkey investment or personal beach retreat, this well-kept home offers style, comfort, and a prime Oregon Coast location!

Listing Agent

Cindy Somsanith

Farrell Realty & Property Management, Inc Brokerage Email: info@farrellrealty.com License #201203724 Listed on: 06/25/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,273

Year Built

  • Built in 2018

Lot Details

  • 3,484 Sq Ft Lot
  • Property is zoned VR

HOA Fees

  • $173 Monthly HOA Fees

Property Views

  • Ocean
  • Territorial

Home Design

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

Interior Spaces

  • 1,871 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Natural lighting in basement

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Parking Pad
  • Off-Street Parking

Outdoor Features

  • Covered Deck
  • Fire Pit
  • Porch

Schools

  • Oceanlake Elementary School
  • Taft Middle School
  • Taft High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number R531330

Community Details

Overview

  • CMI Association, Phone Number (503) 233-0300
  • Olivia Beach Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,273

Year Built

Built in 2018

Lot Details

0

HOA Fees

$173 per month

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 3
  • Year Built: 2018
  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 10 Features: Deck,Fireplace
  • Room 11 Features: Dishwasher,Disposal,Island,KitchenDiningRoomCombo
  • Room 12 Features: BuiltinFeatures,CeilingFan,Deck,Fireplace
  • Room 13 Features: Bathroom,Deck
  • Room 8 Features: Deck
  • Room 9 Features: KitchenDiningRoomCombo
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 2.1
  • Fireplaces: 2
  • Interior Amenities: Floor3rd, CeilingFan, Furnished, Granite, Laundry, WalltoWallCarpet, WasherDryer, WoodFloors
  • Room 4 Description: Laundry
  • Room 4 Level: Lower
  • Basement: Daylight
  • Appliances: Dishwasher, Disposal, FreeStandingGasRange, FreeStandingRefrigerator, Island, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Association Contact: Dailey Heath
  • BathroomsFullLowerLevel: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt3000to4999
  • Other Room10 Area: 340
  • Additional Room 10 Level: Upper
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 21
  • Bedroom 7 Area: 154
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Lower
  • Other Room8 Area: 143
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Lower
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

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

Garage/Parking

  • Parking Description: OffStreet, ParkingPad
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Tankless
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Insurance, MaintenanceGrounds, Pool
  • Senior Community: No
  • Association Fee: 520.0
  • Association Fee Frequency: Quarterly
  • Association Name: CMI
  • Phone: 503-233-0300
  • Association: Yes
  • Association Email: www.communitymgt.com

Association/Amenities

  • AssociationAddress: 2105 SE 9th Ave. Portland, OR
  • AssociationPendingLitigationYN: Unknown
  • AssociationStatus: Active

Schools

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

Lot Info

  • Farm: No
  • Zoning: VR
  • Land Lease: No
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3484.0
  • Parcel #: R531330

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 7273.33
  • Tax Opportunity Zone: No

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 $7,273 $426,620 -- --
2023 $7,073 $414,200 $0 $0
2022 $6,876 $402,140 $0 $0
2021 $6,550 $390,430 $0 $0
2020 $6,399 $379,060 $0 $0
2019 $6,181 $368,020 $0 $0
2018 $1,170 $69,190 $0 $0
2017 $402 $24,090 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2025 06/25/25 For Sale $879,000 -- $470 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $492,173 Westernt Title & Escrwo
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $389,000 New Conventional
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 599134824

Regional Multiple Listing Service (RMLS)

APN: 07-11-22-CA-18300-00