1540 NW 20th St
LincolnCity, OR 97367
- 2 beds
- 1 bath
- 728 sqft
- 4,791 sqft lot
- $552 per sqft
- 1930 build
- – on site
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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.
Last checked:
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Last updated Apr 25, 2025
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MLS# 24610331 —
The Building
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Year Built:1930
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New Construction:false
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Architectural Style:Stories2, Cottage
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Roof:Composition
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Stories:2
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Basement:CrawlSpace
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Foundation Details:ConcretePerimeter
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Exterior Description:VinylSiding
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Building Area Description:Old MLS
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Building Area Total:728.0
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Building Area Calculated:728
Room Dimensions
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Main Level Area Total:584
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Upper Level Area Total:144
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:Hwy 101
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Latitude:44.978854
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Longitude:-124.01157
The Property
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Parcel Number:R384246
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:Resale
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Lot Features:GentleSloping, Level
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Lot Size Range:SqFt3000to4999
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Lot Size Acres:0.11
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Lot Size SqFt:4791.0
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Zoning:OPMSH
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View:false
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Property Attached:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (310) 422-6044
- Office phone:
- (888) 814-9613
Taxes
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Tax Year:2023
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Tax Legal Description:PROPERTY ID R384246 DEVILS LAKE PARK, BLOCK 5, LOT 12, DOC2018076
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Tax Annual Amount:1886.18
Beds
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Bedrooms Total:2
Baths
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Total Baths:1
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Full Baths:1
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Total Baths:1.0
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Total Baths Main Level:1.0
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Full Baths Main Level:1
Heating & Cooling
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Heating:MiniSplit
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Heating:true
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Cooling:MiniSplit
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Cooling:true
Utilities
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Sewer:PublicSewer
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Hot Water Description:Electricity
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Water Source:PublicWater
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Fuel Description:Electricity
Schools
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Elementary School:Oceanlake
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Middle Or Junior School:Taft
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High School:Taft
The Community
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Senior Community:false
Parking
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Attached Garage:false
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Garage Type:Detached
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Garage Spaces:1.0
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Parking Total:1.0
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Parking Features:Driveway, OffStreet
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/24/25
Apr 24, 2025
|
Sold | RMLS | $402,500 | -3.0% |
3/21/25
Mar 21, 2025
|
Pending | RMLS | $415,000 | |
8/29/24
Aug 29, 2024
|
Listed / Active | RMLS | $415,000 |