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1340 Nw 15th St, Lincoln City, OR 97367

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For Sale

$650,000

3 beds • 2 baths • 1,818 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $357.54
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Turnkey short-term rental with coveted outright-use zoning no licensing waitlist, no red tape, just immediate income potential! Currently operating as a profitable Airbnb, this charming 3-bedroom, 2-bath coastal home is located in the highly desirable OceanLake Plan District/Interior Mixed Use zone, where short-term rentals are fully permitted. Just moments from the beach with convenient drive-on access, this well-maintained property is fully furnished and ready to continue as a successful vacation rental, personal getaway, or full-time residence. The main home features modern updates including a spacious kitchen with wood floors, vaulted ceilings, and generously sized bedrooms and bathrooms that offer both comfort and style. Two detached bonus cabins, each with its own bathroom, provide additional flexibility for creative use, storage, or guest overflow (buyer to verify any potential uses). Buyers are free to self-manage or choose any vacation rental company, offering maximum control and convenience. Situated in a vibrant, walkable coastal district, this is a rare opportunity to own a ready-to-go income property by the beach. (Buyer to verify all permitted uses with the Lincoln City Planning Department.)
MLS# 540511153

Courtesy Of Coldwell Banker Professional Group

(503) 538-0468

Open Houses

September

21

Sunday

In Person

Sunday, September 21, 2025

12:00PM - 2:00PM

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Vaulted Ceiling, Green House
  • Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Cottage
  • Lot Size
    0.23 Acres

Map and Directions

Directions to 1340 Nw 15th St, Lincoln City, OR 97367

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.