617 Sw 27th Way, Lincoln City, OR

$749,000

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3

Beds

3

Baths

1,376

Square feet

0.09

Acres

About 617 Sw 27th Way

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.

Features of 617 Sw 27th Way

MLS® # 26-936
Price $749,000
Bedrooms 3
Bathrooms 3.00
Full Baths 2
Half Baths 1
Square Footage 1,376
Acres 0.09
Year Built 2007
Type Residential
Sub-Type Single Family Residence
Style Cottage
Status Active

Community Information

Address 617 Sw 27th Way
Subdivision Olivia Beach
City Lincoln City
County Lincoln
State OR
Zip Code 97367

Amenities

Amenities Clubhouse, Playground, Park, Picnic Area, Pool, Beach Access
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Parking Driveway
# of Garages 1
Is Waterfront No

Interior

Interior Features Vaulted Ceiling(s)
Heating Electric, Zoned
Cooling None
Fireplace Yes
# of Fireplaces 1
Fireplaces Gas
Has Basement No

Exterior

Lot Description Corner Lot
Windows Double Pane Windows, Vinyl Frames
Roof Composition
Construction Cedar, Lap Siding, Shingle Siding
Foundation Concrete Perimeter

Additional Information

Date Listed April 9th, 2026
Zoning VR Vacation Rental
Short Sale No
RE / Bank Owned No
HOA Fees 520
HOA Fees Freq. Quarterly

Listing Details

AgentJosh Reed
OfficeCascade Hasson Sotheby's International Realty

Listing Map

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