5545 NW Logan Rd Lincoln City, OR 97367
Estimated payment $7,782/month
Highlights
- Spa
- Fenced Yard
- Forced Air Heating System
- Waterfront
- Covered Deck
- 4-minute walk to Roads End State Recreation Site
About This Home
Don’t miss your chance to own “The Castle” – a high-demand, turn-key rental property in Lincoln City’s coveted Roads End neighborhood. With Airbnb transfer availability only until November 22nd, this is a limited window to take over an established, income-generating property in a thriving rental market. After this date, new owners seeking Airbnb registration will join an extensive waiting list, making future approvals a lengthy process. This luxurious, 3,600-square-foot coastal retreat offers six flexible bedroom options, a large 6-person sauna, hot tub, game room with arcade machines, and two spacious entertainment areas. Just a mile from the casino and steps from the beach, this home captivates guests with breathtaking ocean views and a prime location, earning nearly 250+ 4.8-star reviews on Airbnb and VRBO – all transferable for immediate rental success. Completely furnished with high-quality pieces throughout, “The Castle” is ready to welcome guests from day one. All furnishings are included in the sale, making this a truly turn-key investment opportunity. Don’t wait – secure this rare property now!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,563
Year Built
- Built in 2009
Lot Details
- 4,792 Sq Ft Lot
- Waterfront
- Fenced Yard
Home Design
- Tri-Level Property
- Built-Up Roof
Interior Spaces
- 3,514 Sq Ft Home
- Electric Fireplace
- Vinyl Flooring
- Built-In Range
Bedrooms and Bathrooms
- 6 Bedrooms
Outdoor Features
- Spa
- Covered Deck
Schools
- Ocean Lake Elementary School
- Taft Middle School
- Taft High School
Utilities
- Forced Air Heating System
Community Details
- Roads End 2Nd Add Subdivision
Listing and Financial Details
- Legal Lot and Block 1 / 1
Map
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 | $6,748 | $398,830 | -- | -- |
| 2023 | $6,563 | $387,220 | $0 | $0 |
| 2022 | $6,380 | $375,950 | $0 | $0 |
| 2021 | $6,076 | $365,000 | $0 | $0 |
| 2020 | $5,937 | $354,370 | $0 | $0 |
| 2019 | $5,734 | $344,050 | $0 | $0 |
| 2018 | $5,606 | $334,030 | $0 | $0 |
| 2017 | $5,364 | $324,310 | $0 | $0 |
| 2016 | $5,030 | $314,870 | $0 | $0 |
| 2015 | $4,918 | $305,700 | $0 | $0 |
| 2014 | $4,572 | $296,800 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/13/2025 03/13/25 | Price Changed | $1,370,000 | 0.0% | $390 / Sq Ft | |
| 03/13/2025 03/13/25 | For Sale | $1,370,000 | -2.1% | $390 / Sq Ft | |
| 02/15/2025 02/15/25 | Off Market | $1,399,000 | -- | -- | |
| 11/15/2024 11/15/24 | Price Changed | $1,399,000 | -1.8% | $398 / Sq Ft | |
| 10/30/2024 10/30/24 | For Sale | $1,425,000 | +14.0% | $406 / Sq Ft | |
| 03/06/2023 03/06/23 | Sold | $1,250,000 | 0.0% | $356 / Sq Ft | View Prior Sale |
| 01/18/2023 01/18/23 | Pending | -- | -- | -- | |
| 12/06/2022 12/06/22 | For Sale | $1,250,000 | +101.9% | $356 / Sq Ft | |
| 01/04/2019 01/04/19 | Sold | $619,000 | -4.6% | $176 / Sq Ft | View Prior Sale |
| 10/31/2018 10/31/18 | Pending | -- | -- | -- | |
| 08/09/2018 08/09/18 | For Sale | $649,000 | +9.3% | $185 / Sq Ft | |
| 07/22/2014 07/22/14 | Sold | $594,000 | -13.7% | $169 / Sq Ft | View Prior Sale |
| 06/15/2014 06/15/14 | Pending | -- | -- | -- | |
| 12/19/2013 12/19/13 | For Sale | $688,000 | -- | $196 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,250,000 | Lawyers Title | |
| Warranty Deed | $619,000 | Fidelity National Title | |
| Warranty Deed | $594,000 | Western Title & Escrow | |
| Interfamily Deed Transfer | -- | Pto | |
| Corporate Deed | -- | Premier Title Of Oregon | |
| Bargain Sale Deed | -- | Wte | |
| Interfamily Deed Transfer | -- | Wte | |
| Warranty Deed | $310,000 | Wte | |
| Warranty Deed | $175,000 | Wte |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,000 | New Conventional | |
| Previous Owner | $464,250 | New Conventional | |
| Previous Owner | $385,000 | New Conventional | |
| Previous Owner | $357,000 | Construction | |
| Previous Owner | $142,500 | Purchase Money Mortgage |
Source: Willamette Valley MLS
MLS Number: 822884
APN: R437302
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson
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