Homes for sale - 153 S Wells DR, Lincoln City, OR 97367

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Ward Frederick

wardf@johnlscott.com +1(503) 602-5987

Listed by RealtyNET, LLC

$ 899,000

Est. payment -/mo

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153 S Wells DR Lincoln City, OR 97367

4 Beds

2.1 Baths

2,200 SqFt

UPDATED:

12/23/2024 05:23 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $408

MLS Listing ID 24595661

Style Stories2, Chalet

Bedrooms 4

Full Baths 2

Year Built 1989

Annual Tax Amount $618

Tax Year 2024

Property Description

Two dwellings & a metal barn all on separate lots! This listing consists of three buildings each on the three separate ocean/bay view lots, a half acre total. 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 is built on the third residential lot. The main house is now currently vacant as the owner had planned to update. The cottage is currently used as a weekend getaway. 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 24 X 36 (approx) barn has two large, high bays with automatic garage door openers and full concrete floor. Large graveled parking area adjacent to the barn accommodates 8-10 vehicles. Each dwelling sits on its own lot, has its own electrical service and KGB water meter even though the cottage is currently considered an adjacent building or guest house to the main 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 also a wonderful compound. It's a fisherman's dream, anyone's fun-filled investment, or a perfect place for a couple to develop their future together. The owner would love to creatively finish this project but circumstances dictate otherwise.

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 16.0

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)

Ward Frederick

John L. Scott Salem | Principal Broker

+1(503) 602-5987

Ward Frederick

153 S Wells DR Lincoln City, OR 97367

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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153 S Wells DR