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$1,275,000

3 Beds 3 Baths 2,324 SQFT 0.07 Acres
Type: Single Family

2533 SW Coral Avenue
Lincoln City, OR 97367

MLS#: 262538
Adrian Blackman
Adrian Blackman
Premiere Property Group
Broker
Phone: 503.653.5803
Office: 503.908.1694
Presented by: Coldwell Banker Professional Group - Lincoln City

Property Description

 

A rare opportunity to own a stunning Oregon Coast home with potential use as a vacation rental in the Olivia Beach community of Lincoln City, Oregon. This exceptional three-story property showcases breathtaking Pacific Ocean views from three balconies. The classic Nantucket-inspired exterior opens to sophisticated European-style interiors filled with thoughtful details designed to encourage rest as much as play. Boasting high-end finishes, soaring timber-beam ceilings, and expansive windows, the home offers beautiful views of the surrounding landscape, with the occasional glimpse of a local deer prancing by. The top-floor, ocean-facing Great Room offers an array of delightful features for entertaining, including a well-equipped gourmet kitchen with marble countertops, a pantry, premium appliances, a fireplace, and a large island where guests can gather, sip, and cook together. The base-level deck beckons with a hot tub and fire pit, perfect for enjoying spectacular sunsets. The connecting room features a smart TV, fireplace, and mini-fridge, while the nearby bedroom, with queen-size bunk beds and fanciful lighting, provides an ideal hangout for the youngsters. Restful bedrooms with king-size beds and private baths complete the home's thoughtful layout. Just half a block away, the community's private saltwater pool and fitness room offer additional opportunities for relaxation and recreation. Nearby amenities include a community park, playground, volleyball courts, and private beach access. Whether you're looking for a coastal residence, second home, or vacation rental opportunity, this home offers an exceptional combination of income potential, resort-style amenities, and a turnkey beach escape.


 

Interior Features

Bedrooms

Total Bedrooms3

Bathrooms

Total Baths3

Other Interior Features

Above Grade Finished Area2,324 sqft
Air Conditioning Y/NNo
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
Fireplace FeaturesGas
Fireplace Y/NYes
FlooringLuxury Vinyl Flooring, Carpet
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesBeamed Ceilings, Double Vanity, Kitchen Island, Open Floorplan, Pantry, Storage, Vaulted Ceilings
Window FeaturesDouble Pane Windows, Window Treatments

General

Additional Parcels Y/NNo
AppliancesDishwasher, Dryer, Gas Oven, Gas Range, Washer, Water Heater, Range Hood, Refrigerator
Architectural StyleTraditional
Assoc Fee Paid PerQuarterly
Association Fee IncludesMaintenance Grounds, Property Taxes for Common Areas, Other
Attached Garage No
Carport Y/NYes
CityLincoln City
Community FeaturesCurbs, Sidewalks, Street Lights
CoolingNone
CountyLincoln
DirectionsHwy 101 to SW 29th Street, West on 29th to right on Coast Ave, to Coral right home on the West side.
ElectricCircuit Breakers
Garage Y/NNo
HOAYes
HOA Fee$520.0
HeatingNatural Gas
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet3049.2
Lot Size UnitsAcres
Other StructuresNone
Patio/Porch FeaturesCovered Patio, Covered Porch, Deck
PossessionClose Of Escrow
Property SubtypeSingle Family Residence
Property TypeResidential
Rent Control Y/NNo
RoofComposition
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision NameOlivia Beach
Tax Annual Amount$8,572
Tax Year2025
Total Rooms11
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewOcean
Virtual TourClick here
Year Built2018
ZoningVR Vacation Rental

Exterior

Building Area Total2,324 sqft
Crops Included Y/NNo
Foundation DetailsConcrete Perimeter
Horse Y/NNo
Lot FeaturesSloped
Lot Size Acres0.07
Lot Size Area0 sqft
Parking FeaturesAttached Carport, Covered, On Street, Paved
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Water SourcePublic

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$1,275,000

3 Beds 3 Baths 2,324 SQFT 0.07 Acres
Type: Single Family

2533 SW Coral Avenue
Lincoln City, OR 97367

MLS#: 262538
Adrian Blackman
Adrian Blackman
Premiere Property Group
Broker
Phone: 503.653.5803
Office: 503.908.1694