NOT LISTED FOR SALE

501 NW U S 101 Lincoln City, OR 97367

3 Beds
3 Baths
1,919 Sq Ft
6,970 Sq Ft Lot

Last Sold July 21, 2023

Last sale price $792,000 $413 Per Sq Ft

2 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Cottage
  • Deck
  • No HOA
  • Forced Air Cooling System

About This Home

As of July 2023

Imagine yourself at the top of the world from this hilltop oasis offering panoramic ocean views in the heart of Lincoln City near the D-River. This custom built home takes advantage of expansive ocean, lake and mountain views. Centrally located to services with direct sandy beach access and walkable to the Cultural Center, Farmer's Market, Restaurants, Coffee, Devils Lake and more. Recent top to bottom remodel features updated gourmet kitchen with quartz countertops, all new Café appliances, soft-close cabinet hardware, built-in roll outs, updated lighting and wine cooler. New Luxury Vinyl Plank (LVP) flooring throughout. Luxurious spa-inspired primary bath with glass enclosed shower and rain head, dual vanity with quartz countertop, towel warmer and solar powered venting skylight. The entire upper floor and primary suite are vaulted with custom cedar T&G ceiling. Two private decks on the lake side off primary suite and main floor for morning sun and coffee. Expansive custom Trex composite beach side deck areas afford warm afternoon lounging on the deck and endless sunsets. Commercial zoning gives the ultimate flexibility of use including primary/vacation home or short-term vacation rental dwelling (VRD) options plus bonus additional front lower residential city lot currently used for off-street parking, storage and direct beach access. The owner also has recent architect plans to build a garage, ADU or single-family home on the included residential multi-family zoned lot (buyer to do due diligence). This cherished and unique custom designed home is being offered by the original owners - please come see what could be your new Happy Place!

Last Agent to Sell the Property

Lisa Morrigan

Cascade Hasson Sotheby's International Realty License #200109047 Listed on: 06/15/2023

Co-Listed By

Ed Tanabe

Cascade Hasson Sotheby's International Realty License #200308237

Last Buyer's Agent

Taj Richardson

Harcourts Coast Realty License #200709164

Harcourts Coast Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,346

Year Built

  • Built in 1990

Lot Details

  • 6,970 Sq Ft Lot
  • Irregular Lot
  • Property is zoned GC - General Commercial

Property Views

  • Ocean
  • Mountain

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof
  • Shingle Siding
  • Cedar Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,919 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Vinyl Flooring
  • Natural lighting in basement

Kitchen

  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Delake Subdivision

Listing and Financial Details

  • Tax Lot Ptn Lot 7&8; Lot 29
  • Assessor Parcel Number 071115AB-14602-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,346

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.16
  • Lot Size: Irr
  • Lot Size Sq Ft: 6969.6
  • Road Surface Type: Gravel
  • Inclusions: Most Furniture
  • Subdivision Name: Delake
  • Directions: Hwy 101, West on NW 2nd, Right on Inlet, Right on driveway after 3rd house, North on driveway on left to parking area.
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1990
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Mountain
  • General Property Description:Lot SqFt: 6970
  • General Property Description:_pound_ of Acres: 0.16
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 14602
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.5
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Cottage
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Partial
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: Irr
  • Location Tax and Other Information:Subdv ParcelLot: Ptn Lot 7&8; Lot 29
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Flooring:Vinyl2: Yes
  • Foundation:Slab: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Lot Type:Irregular: Yes
  • DeckPatio:Patio: Yes
  • Siding:Shingle2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck, Patio
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Additional Parcels Description: Included Parcel: 07-11-15-AB-11800-00
  • Parcel #: 071115AB-14602-00
  • Zoning: GC - General Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5345.68
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $792,000 0.0% $413 / Sq Ft
06/17/2023 06/17/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $792,000 -- $413 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 23-1148