Lincoln City, OR 97367,153 S Wells DR
Lincoln City, OR 97367,153 S Wells DR
Lincoln City, OR 97367,153 S Wells DR
Lincoln City, OR 97367,153 S Wells DR
Lincoln City, OR 97367,153 S Wells DR
Lincoln City, OR 97367,153 S Wells DR
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Listed by RealtyNET, LLC
$ 899,000
Est. payment | /mo

3 Beds

1.1 Baths

1,650 SqFt


Save
$ 899,000
Est. payment | /mo
Save

3 Beds

1.1 Baths

1,650 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,650 sqft

Price per Sqft $544

MLS Listing ID 24595661

Style Stories2, Chalet

Bedrooms 3

Full Baths 1

Year Built 1989

Annual Tax Amount $618

Tax Year 2024

Lot Size 7,840 Sqft

Property Description

This listing is a unique ocean and Siletz River view opportunity to enjoy the beach/river environment while deciding how to utilize the three residential parcels that come with this listing. It consists of three buildings each on the three separate ocean/bay view lots. One parcel has a totally remodeled (read: new) 1 bedroom cottage with an adjacent sitting room that could easily become a second bedroom. Next is a well-built three bedroom retro chalet main house that was recently rented for $2500/mo., along with the adjacent metal barn which was built on the third lot. The main house is currently vacant as the owner had planned to update.Situated on a very private little-used dead end road high above Siletz Bay, the ocean views are unobstuctible and very natural because of the isolation of the parcel locations. The flat ledge these parcels sit on is visually isolated from and above the few parcels below. The separate cottage and main house septic systems were professionally updated and new roofs completed on each dwelling 3 years ago. The barn has two large, high bays with automatic garage door openers and full concrete floor. There is a wide graveled parking area adjacent to the barn. The parcels back up to the access road which is on the edge of a ravine of forest use and so privacy comes all these parcels. Each dwelling has its own electrical service and KGB water meter even though the cottage is currently an adjacent building or guest house to the larger house. The cottage was originally a shop/garage but was smartly placed on its own parcel with its own water, septic and electrical infrastructure. It's a perfect combination of an enjoyable ocean/river-oriented getaway with lots of covered and uncovered space for vehicles and work area. The 3 b/r house and guest house/cottage have obvious, separate potential but it's a wonderful compound.

Location

State OR

County Lincoln

Area _200

Rooms

Basement Crawl Space

Interior

Interior Features Laundry

Heating Baseboard

Cooling None

Fireplaces Number 1

Fireplaces Type Pellet Stove

Appliance Free Standing Range, Free Standing Refrigerator, Pantry

Exterior

Exterior Feature Deck, Porch, R V Parking

Parking Features Oversized

Garage Spaces 4.0

View Bay, Ocean, River

Roof Type Composition

Garage Yes

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Septic Tank, Standard Septic

Water Public Water

Level or Stories 2

Schools

Elementary Schools Taft

Middle Schools Taft

High Schools Taft

Others

Senior Community No

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Regional Multiple Listing Service (RMLS)
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buck@buckhutch.com

3121 SE Division St, Portland, OR, 97202, USA

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153 S Wells DR