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 1,650 sqft
Price per Sqft $544
MLS Listing ID 24595661
Style Stories2, Chalet
Bedrooms 3
Full Baths 1
Year Built 1989
Annual Tax Amount $618
Tax Year 2024
Lot Size 7,840 Sqft
Property Description
This listing is a unique ocean and Siletz River view opportunity to enjoy the beach/river environment while deciding how to utilize the three residential parcels that come with this listing. It consists of three buildings each on the three separate ocean/bay view lots. 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 was built on the third lot. The main house is currently vacant as the owner had planned to update.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 barn has two large, high bays with automatic garage door openers and full concrete floor. There is a wide graveled parking area adjacent to the barn. The parcels back up to the access road which is on the edge of a ravine of forest use and so privacy comes all these parcels. Each dwelling has its own electrical service and KGB water meter even though the cottage is currently an adjacent building or guest house to the larger 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 a wonderful compound.
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 4.0
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