143, 153, 163 S Wells Dr, Lincoln City, OR 97367

$1,079,000
4
BD
3
BA
1,836
SqFt

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List Price
$1,079,000
Price Change
▼ $56,700 1789170055
MLS#
26-2056
Status
ACTIVE
Days on Market
49
View
Bay, Ocean
Year Built
1967
Square Ft.
1,836
Acres
0.49
Bedrooms
4
Bathrooms
3
Property Type
Residential
Tax Amount
$3,537
Furnished
Negotiable
Water
Public

Property Description

Wonderful investor opportunity - Ocean and bay view properties being offered as a package. Exceptional investment or multi-generational living opportunity featuring 3 distinct tax lots spanning nearly half an acre (.49) This rare property package includes two detached residential homes - 1 3 bedroom, 2 bath and 1 1 bedroom, 1 bath and a 24x36 foot detached shop equipped with oversized 10X12 entrance bay doors—perfect for boat, RV, or heavy equipment storage. These 2 homes plus shop are located on a dead-end street above the Tsunami zone and have plenty of off street parking to accommodate your guests. The sale encompasses tax lots 1301, 1302, and 1304, providing incredible flexibility to rent both, live in one and rent the other, or utilize the expansive shop for your business or hobbies. There are also brand-new septic tanks recently installed at both homes (143 and 153 Wells). Each parcel is also available individually. (See MLS 26-2054, MLS 26-2055, and MLS 26-2058. Don't miss this opportunity!

Additional Information

Roof
Composition
Foundation
Combination
Furnished
Negotiable
Interior Features
Breakfast Area, Storage, Beamed Ceilings
Zoning
R-1-A Residential
Terms
1031 Exchange, Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of Taylor & Taylor Realty Company.