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2539 SW Coral Loop - Coastal Comfort In Olivia Beach 1,871 SF Specialty Building Offered at $879,000 in Lincoln City, OR 97367



Executive Summary
Welcome to this thoughtfully designed Olivia Beach home, where coastal charm meets modern comfort. Built in 2018, this furnished 3-bedroom, 2.5-bathroom property offers 1,871 square feet across three well-planned levels--perfect as a full-time residence, vacation retreat, or short-term rental investment.(This home has an active STR license -new owners can easily obtain license without being on waitlist, making it a seamless opportunity for investors).The upper level offers flexible use: it can serve as a traditional family room with an adjoining primary suite or be enjoyed as a spacious retreat with a private sitting area, 2nd gas fireplace, and deck with a peekaboo ocean view. From the second and third floor balconies, enjoy a clear view of Siletz Bay fireworks on the 4th of July! On the main level, hardwood floors and a ceiling fan set a warm tone in the living room, which is further cozied by a gas fireplace. Thoughtful touches throughout enhance the home's inviting ambiance. The open-concept kitchen, dining, and living spaces create a perfect environment for entertaining or unwinding. The kitchen boasts granite countertops and stainless-steel appliances, while the living area opens onto a covered deck with ocean glimpses. The lower level includes two comfortable guest bedrooms and a full bathroom, offering privacy and flexibility for family and visitors. Each level features its own covered deck, extending your living space outdoors rain or shine. Outside, you'll find a built-in firepit, perfect for cozy evenings. Three parking spaces provide added convenience. A 10-minute walk takes you to the beach or the local Nelscott restaurants. Plus enjoy a wealth of community amenities including an outdoor pool, exercise room, playground, and sand volleyball courts, perfect for relaxation and recreation year-round. Whether you're after a turnkey investment or personal beach retreat, this well-kept home offers style, comfort, and a prime Oregon Coast location!
Property Facts
| Price | $879,000 | Building Class | B |
| Price Per SF | $469.80 | Building Size | 1,871 SF |
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Property Type | Specialty | Year Built | 2018 |
| Property Subtype | Residential Income | ||
| Zoning | VR | ||
| Price | $879,000 |
| Price Per SF | $469.80 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | B |
| Building Size | 1,871 SF |
| No. Stories | 3 |
| Year Built | 2018 |
| Zoning | VR |
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Property Taxes
| Parcel Number | 07-11-22-CA-17800-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $509,870 |
Property Taxes
Parcel Number
07-11-22-CA-17800-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$509,870
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2539 SW Coral Loop - Coastal Comfort In Olivia Beach
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