617 Sw 27TH Way, Lincoln City, OR 97367

• 3 beds |
• 3 baths |
• 1,376 sqft

Property Description

Experience the quintessential Oregon Coast lifestyle at this stunning Nantucket-style cottage located in the premier community of Olivia Beach. This home is perfectly positioned to offer both a private sanctuary and a high-performing investment opportunity, boasting a rare and transferable Short-Term Rental (STR) outright use. In a market where such permits are a "Golden Ticket," this property allows you to generate significant income that can pay for the home while providing you the flexibility to use it whenever you wish. With the prime coastal rental season just beginning, a savvy buyer can secure the upcoming peak-season revenue immediately, gaining a massive financial head start that would be lost by waiting until later in the year. The home's layout is expertly designed for the modern traveler, featuring two spacious en-suite bedrooms upstairs for maximum privacy and a bright, open-concept living space on the main level. Outdoor living is a highlight, with a charming covered front porch that overlooks the vibrant community park—complete with sand volleyball, a playground, and fire pits—and a secluded rear courtyard perfect for BBQs after a day in the sun. Beyond the main house, the detached garage includes a versatile flex space, offering an ideal solution for an owner's lockout, home office, or guest overflow. Unlike many other homes here, this garage is not shared, creating a private feel for the entire property that you'll appreciate when you see in person. Situated just steps from a community trail, you have direct access to one of the prime surf beaches in Lincoln City, making this the ultimate coastal retreat for owners and renters alike.

Listing Status:

Active

Date Added:

April 20, 2026

Data Last Updated:

June 24, 2026 at 11:42PM

Listing Office:

Cascade Hasson Sotheby's International Realty : 541-241-3405

Listing Agent:

Josh Reed : 206-708-4738

MLS ID:

141249700

Interior

• General: FurnishedWasher dryerWood floors
• Appliances: DishwasherGas appliancesGranite
• Basement: Crawl space
• A/C: None
• Heating: Zoned
• Fireplace: GasFireplaceFireplaces: 1

Exterior

• General: CedarLap sidingShingle sidingFire pitPorch
• Style: CottageCraftsman
• Parking: DrivewayParking spaces: 1

Construction

• Roofing: Composition
• Windows: VinylFrames
• General: Concrete perimeter

Location

• Road/Access: Concrete
• HOA Amenities: Maintenance groundsPoolWeight room520.0Quarterly
• Originating MLS: Regional Multiple Listing ServiceInc.
• County: Lincoln

Lot

• Zoning: VRPROPERTY ID R522194 OLIVIA BEACH PHASE 2LOT 49DOC200813176R522194
• View: View

Utilities

• Water: Public water
• Sewer: Public sewer

Financial

• Source: Regional Multiple Listing ServiceInc.