Single Family for Sale: 7123 LOGAN RD, Lincoln City, OR 97367 SOLD

5 beds
2 full baths
2,424 sqft
$1,340,625
$1,340,625
7123 LOGAN RD, Lincoln City, OR 97367 SOLD
5 beds
2 full baths
2,424 sqft
$1,340,625
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Selling Price: $1,340,625
Original List Price: $1,500,000
Sold at 89.4% of list price
Sold Date: 10/26/2024

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Type Single Family
Style Daylight Ranch
Beds 5
Total Baths 2 full baths
Square Feet 2,424 sqft
Garage Spaces 2
Lot Size 0.29 acres
Year Built 1952
Taxes Paid $10,727
City Lincoln City
Area 200 - Lincoln County
County Lincoln
School District Taft
Subdivision ROADS END
MLS 24537703
Status Sold
DOM 100 days
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 clear 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 THE VACATION RENTAL PERMIT TRANSFERS WITH THE SALE OF THE HOME. NO NEED TO REAPPLY AND WAIT IN LINE FOR A NEW VRD PERMIT WITH THE CITY. Property managers are happy to continue renting for new owners for seamless transition and immediate income. Plenty of time for personal use with friends and family while still earning income.

Room Features

2nd Bedroom Lower
3rd Bedroom Lower
4th Bedroom Lower
5th Bedroom Lower
Bathrooms Full Lower Room 1
Bathrooms Full Main Room 1
Bathrooms Total Lower Room 1.0
Bathrooms Total Main Room 1.0
Bathrooms Total Upper Room 0.0
Family Room Main
Family Room Features Beamed Ceilings, Fireplace
Kitchen Main
Kitchen Features Dishwasher, Gas Appliances
Living Room Lower
Media Room Main
Media Room Features Sliding Doors
Primary Bedroom Lower
Primary Bedroom Features Fireplace, Sliding Doors
Basement Description Daylight, Finished

Lot & Building Features

Appliances Gas Appliances, Granite
Heating Forced Air
Parking Description Carport, Parking Pad
Sewer Public Sewer
Water Public Water
Water Heater Electricity
Waterfront Ocean Front
Fireplaces 2

Community and Schools

Elementary School Taft
Junior High School Taft
Senior High School Taft

Price History of 7123 LOGAN RD, Lincoln City, OR

Date Name Price Difference
09/03/2024 Price Adjustment $1,340,625 10.63%
07/18/2024 Listing Price $1,500,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Shirley Cox, GRI, SRES
Shirley Cox, GRI, SRES
REALTOR, Managing Broker
Direct: 541-490-3139
Office
65 NE Estes
White Salmon, WA 98672
509-493-1783
Listed by Berkshire Hathaway HomeServices NW Real Estate, Rose Knee
Sold by Non Rmls Broker, OR and WA Non Rmls
$
20%
0.80019095571096%
6.75%
$
$
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Listing information courtesy of: Berkshire Hathaway HomeServices NW Real Estate

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS. of Portland, Oregon. Real estate listings held by brokerage firms other than Pacific Rim Brokers are marked with the RMLS. logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS., Portland, Oregon.