#24434646, Hannah Katz, Listing Office: Coldwell Banker Professional
153 S Wells Dr Lincoln City, OR 97367
Property details
About 153 S Wells Dr
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 to develop their future together. The owner would love to creatively finish this project but circumstances dictate otherwise.
Highlights
Summary
- MLS Number: 24595661
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: RealtyNET, LLC
- Office Phone: (503) 300-6330
- Listing Agent: Greg Messick
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Last updated on: 3/14/2025, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$899,000
153 S Wells Dr
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 05, 2019 | Home Sold | $220,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $144,200 | $1,883 |
2022 | $140,000 | $1,828 |
2021 | $135,930 | $1,828 |
2019 | $131,980 | $1,653 |
2018 | $128,140 | $1,662 |
2017 | $124,410 | $1,560 |
History based on county public records data.
Nearby schools
5
Taft Elementary School
Public District 3-6
2.4 mi
•4040 SE High School Dr
6
Sam Case Elementary School
Public District 3-5
17.8 mi
•459 NE 12th St
6
Toledo Elementary School
Public District KG-6
20.1 mi
•600 SE Sturdevant Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,589. The majority of Lincoln City, OR residents have income less than $<35k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 153 S Wells Dr
This home is located at 153 S Wells Dr in Lincoln City, OR and zip code 97367. This 2,200 square foot home was built in 1989. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $899,000.
Over 0 listings were sold over their listed price in February 2025 in Lincoln City, OR. In the same period over 5 listings were sold below the listed price and 1 listings were sold for the listed price. In February 2025 in Lincoln City, OR there were 4.9% more homes for sale than in January. While the average time on the market in February 2025 was 58 days, the median list price was $526,500.