153 S Wells DR new Save Request In-Person Tour Request Virtual Tour
Lincoln City,OR 97367
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $408
MLS Listing ID 24595661
Style Stories2, Chalet
Bedrooms 4
Full Baths 2
Year Built 1989
Annual Tax Amount $618
Tax Year 2024
Property Description
Two dwellings & a metal barn all on separate lots! This listing consists of three buildings each on the three separate ocean/bay view lots, a half acre total. One parcel has a totally remodeled (read: new) 1 bedroom cottage with an adjacent sitting room that could easily become a second bedroom. Next is a well-built three bedroom retro chalet main house that was recently rented for 2500/mo., along with the adjacent metal barn which is built on the third residential lot. The main house is now currently vacant as the owner had planned to update. The cottage is currently used as a weekend getaway. Situated on a very private little-used dead end road high above Siletz Bay, the ocean views are unobstuctible and very natural because of the isolation of the parcel locations. The flat ledge these parcels sit on is visually isolated from and above the few parcels below. The separate cottage and main house septic systems were professionally updated and new roofs completed on each dwelling 3 years ago. The 24 X 36 (approx) barn has two large, high bays with automatic garage door openers and full concrete floor. Large graveled parking area adjacent to the barn accommodates 8-10 vehicles. Each dwelling sits on its own lot, has its own electrical service and KGB water meter even though the cottage is currently considered an adjacent building or guest house to the main house. The cottage was originally a shop/garage but was smartly placed on its own parcel with its own water, septic and electrical infrastructure. It's a perfect combination of an enjoyable ocean/river-oriented getaway with lots of covered and uncovered space for vehicles and work area. The 3 b/r house and guest house/cottage have obvious, separate potential but it's also a wonderful compound. It's a fisherman's dream, anyone's fun-filled investment, or a perfect place for a to develop their future together. The owner would love to creatively finish this project but circumstances dictate otherwise.
Location
State OR
County Lincoln
Area _200
Rooms
Basement Crawl Space
Interior
Interior Features Laundry
Heating Baseboard
Cooling None
Fireplaces Number 1
Fireplaces Type Pellet Stove
Appliance Free Standing Range, Free Standing Refrigerator, Pantry
Exterior
Exterior Feature Deck, Porch, R V Parking
Parking Features Oversized
Garage Spaces 16.0
View Bay, Ocean, River
Roof Type Composition
Garage Yes
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Septic Tank, Standard Septic
Water Public Water
Level or Stories 2
Schools
Elementary Schools Taft
Middle Schools Taft
High Schools Taft
Others
Senior Community No
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other