About 7123 Nw Logan Road
RARE INVESTMENT OPPORTUNITY! Ocean front property with private stairs to the sand! Located in the highly sought-after Roads End area of Lincoln City. Entering the home all you see is a 270-degree view of the beautiful Pacific Ocean, sand and surf. Ocean views from 4 of the bedrooms as well. Outdoor enclosed area, deck overlooking the ocean and double carport. Original cedar, Doug fir and Pine throughout. Gas fireplace in the living room and in the master bedroom. This is a well-established and successful vacation rental, gross rent in 2022 was $107,733.50, 2023 was $136,138.50. UNTIL NOVEMBER 22ND VACATION RENTAL PERMIT TRANSFERS WITH SALE OF HOME. NO NEED TO REAPPLY AND WAIT IN LINE FOR NEW VRD PERMIT WITH CITY. Property managers happy to continue managing. Broker related to sellers
Features of 7123 Nw Logan Road
| MLS® # | 24-1646 |
|---|---|
| Price | $1,450,000 |
| Bedrooms | 5 |
| Bathrooms | 2.00 |
| Square Footage | 2,424 |
| Acres | 0.29 |
| Year Built | 1952 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Traditional |
| Status | Closed |
| Sold Price | $1,340,625 |
| Sold Date | October 26th, 2024 |
Community Information
| Address | 7123 Nw Logan Road |
|---|---|
| Area | Roads End |
| Subdivision | Road's End |
| City | Lincoln City |
| County | Lincoln |
| State | OR |
| Zip Code | 97367 |
Amenities
| View | Ocean |
|---|---|
| Is Waterfront | Yes |
Interior
| Fireplaces | Gas |
|---|---|
| Stories | Two |
| Has Basement | Yes |
Exterior
| Roof | Composition, Membrane |
|---|---|
| Construction | Cedar, Shake Siding |
| Foundation | Slab |
Additional Information
| Date Listed | July 15th, 2024 |
|---|---|
| Zoning | R-1 Residential, Single Family |
Listing Details
| Agent | Rose L Knee |
|---|---|
| Office | Berkshire Hathaway HomeServices NW - McMinnville |