Opportunity knocks in the heart of Lincoln City. This partially finished 4-bed, 2-bathroom home offers ocean views from the upper level and is ideally located near shopping, dining, the casino, and miles of sandy beaches. The property is zoned to allow for short-term rentals, making it a rare find for investors or those looking to create a coastal getaway with income potential.
Interior improvements are already underway electrical, plumbing, and sheetrock have been completed—allowing you to step in and finish the home to your design preferences. The structure sits on a level lot with convenient access, and its central location offers both residential comfort and commercial potential. The property is being sold as-is. Whether you're looking for a full-time residence, a vacation rental, or a long-term investment, this is a promising canvas in a high-demand location.
The sale is subject to an ingress/egress easement with the adjacent property to to the South for shared parking to be completed prior to closing. The adjacent property is also available for purchase. Check with your agent for details.
Active
$499,000
1333 NE Keel Ave, Lincoln City, OR 97367
4beds
2baths
1,648sqft
Est.:
Single Family Residence
Built in 1950
3,484.8 Square Feet Lot
$478,700 Zestimate®
$303/sqft
$-- HOA
What's special
Level lotInterior improvements
- 18 days
- on Zillow |
- 1,250 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: August 07, 2025 at 02:20pm
Listed by:
Dennis M Regen 541-994-4169,
Taylor & Taylor Realty Company,
Jill Hurd 541-994-9111
Source: OCMLS,MLS#: 25-1698

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Cooling
- None
Appliances
- Included: Water Heater
Features
- Flooring: Other
- Has fireplace: No
Interior area
- Total structure area: 1,648
- Total interior livable area: 1,648 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 3,484.8 Square Feet
- Dimensions: 132.5 x 30
Details
- Additional structures: None
- Parcel number: 071110DC340000
- Zoning description: OP-MSH Main Street Highway
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1950
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Raymond Townsite
HOA
- Has HOA: No
Location
- Region: Lincoln City
Financial & listing details
- Price per square foot: $303/sqft
- Tax assessed value: $254,060
- Annual tax amount: $3,588
- Date on market: 7/25/2025
- Road surface type: Paved
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