$2,350,000
Active
13 Days Online
4 Beds4 Baths3,787 SQFT
Active

7101 NW Logan Rd Lincoln City, OR 97367

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Lucrative investment opportunity! Successful vacation rental with eligibility to transfer vacation rental permit. Nestled on a nearly 1/3 oceanfront acre, against the majestic rolling hills of Cascade Head, this beachfront oasis provides private access to seven miles of pristine coastline.The 3, 051 sq ft layout features 4 bedrooms and 3.5 baths, accommodating up to 16 guests in spacious comfort and coastal luxury. The primary suite has vaulted beamed ceilings and fireplace adding an extra touch of stately elegance. The gourmet kitchen, complete with a granite-topped island and built-in gas range, offers the perfect setting for culinary delights while enjoying the mesmerizing backdrop of crashing waves. Three fireplaces throughout the home add warmth and charm to every corner, creating an atmosphere of irresistible allure. A bonus room dedicated to housing a foosball table, creating a lively atmosphere for friendly competition and laughter. For those seeking a more refined leisure experience there is a dedicated pool table room complete with a large flat-screen TV, this room becomes the perfect gathering spot for evenings of entertainment and relaxation. Private patios, expansive decking, oceanfront hot tub and a meticulously placed stairway to the beach provide endless opportunities for outdoor enjoyment and relaxation. Whether entertaining or simply soaking in the coastal ambiance, every moment is infused with coastal luxury.In addition to the 3, 051 sq ft there is 736 sq ft unfinished basement which offers endless possibilities for customization and expansion to suit individual needs. Whether dreaming of a recreation room, home theater, or wine cellar/cave, the potential is limited only by one's imagination. With the window for permit transferability closing in November 2024, the property's eligibility for a transferable permit presents a rare opportunity for the new owner to seamlessly continue the successful vacation rental operation.

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountyLincoln
  • Taxes$14,182
  • HOA/Condo/Coop Fees$0
  • Days on Site12 Days
  • MLS StatusActive
  • MLS ID Number24272458
  • Home Size Source N/A
  • Year Built1934
  • Lot Size0.31 Acres
  • Full Baths3
  • Partial Baths1

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General Features

  • Style Stories2
  • Lot Description Gentle SlopingOcean Beach One Quarter Mile Or Less
  • Construction CedarShake Siding
  • Sewer Public Sewer
  • Accessibility Features Accessible Entrance
  • Water Public
  • Parking Spaces 2
  • Parking Features Driveway
  • Attached Garage Yes
  • Garage Spaces 2

Interior Features

  • Heating Forced AirHot Water
  • Fireplace Electric
  • Basement Partially FinishedStorage SpaceUnfinished
  • Foundation Concrete PerimeterOther
  • Interior Features FurnishedGarage Door OpenerGraniteHardwood FloorsJetted TubSlate FlooringVaulted CeilingWainscotingWasher DryerWood Floors
  • Kitchen Appliances Builtin OvenBuiltin RangeBuiltin RefrigeratorCook IslandDishwasherDown DraftFree Standing Gas RangeGas AppliancesGraniteIndoor GrillIsland
  • Stories 3

Exterior Features

  • Waterfront Ocean Front
  • Parking Driveway
  • Exterior Builtin Hot TubDeckGardenPatio
  • Roof Type Composition

Schools

School District
Unknown
Elementary School
Oceanlake
Middle School
Taft
High School
Taft

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Monthly Payment (Est.)

$12,787
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