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  • $402,500

    1540 NW 20th St, Lincoln City, OR 97367

    2beds
    728sqft
    Residential, Single Family Residence
    Built in 1930
    4,791.6 Square Feet Lot
    $408,900 Zestimate®
    $553/sqft
    $1,864 Estimated rent

    What's special

    This charming beach cottage is ideally situated between Highway 101 and the stunning coastline, offering the perfect blend of convenience and coastal living. Nestled in the highly desirable Lincoln City, this property is more than just a picturesque retreat—it's also a valuable investment opportunity. Thanks to the extremely rare OPMSH zoning, this cottage comes with guaranteed short-term rental (STR) use, making it a lucrative income-producing asset from day one. Step inside this turnkey home, and you'll find a thoughtfully designed space that combines comfort with functionality. The practical kitchen is well-equipped for all your culinary needs, while the generous living area invites you to relax and unwind after a day at the beach. With two cozy bedrooms and a well-appointed bathroom, this cottage offers the perfect setting for an intimate escape. Whether you're planning to use it as a weekend getaway or rent it out to visitors, this property has all the elements needed to create memorable experiences. The cottage also boasts modern upgrades, including a newer mini-split HVAC system that ensures year-round comfort. Additionally, the detached single-car garage provides plenty of storage space for all your beach gear and more. With its prime location, income-generating potential, and undeniable charm, this beach cottage is ready to be your home away from home—or a profitable addition to your real estate portfolio.

    Zillow last checked: 7 hours ago

    Listing updated: April 25, 2025 at 04:14am

    Listed by:

    Evan Nelson 310-422-6044,

    eXp Realty, LLC

    Bought with:

    OR and WA Non Rmls, NA

    Non Rmls Broker

    Source: RMLS (OR),MLS#: 24610331MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Upper
    Dining room
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Mini Split
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 728
    • Total interior livable area: 728 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, Off Street, Detached
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,791 sqft
    • Features: Gentle Sloping, Level, SqFt 3000 to 4999
    Details
    • Parcel number: R384246
    • Zoning: OPMSH

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lincoln City

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA
    • Road surface type: Paved
    Services availability