2539 SW Coral Loop Lincoln City, OR 97367
Estimated payment $5,657/month
Total Views
222
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
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
Map
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Home Values in the Area
Average Home Value in this Area
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
|---|---|---|---|
| Open | $539,000 | New Conventional | |
| Closed | $170,100 | Credit Line Revolving | |
| Closed | $362,000 | New Conventional | |
| Closed | $389,000 | New Conventional | |
| Previous Owner | $371,434 | Construction |
Source: Public Records
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Source: Regional Multiple Listing Service (RMLS)
MLS Number: 599134824
APN: 07-11-22-CA-18300-00
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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 Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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