$4,749 Closing Credit¹
Erin Fletcher, Listing Office: Coldwell Banker Professional
$4,928
closing credit¹
1540 NW 20th St Lincoln City, OR 97367
$415,000 List price
$4,928
Closing credit¹
2 beds
1 full
728 sqft
0.1 acres
$570 / sqft
House
Property details
About 1540 NW 20th St
This charming beach cottage is ideally situated between Highway 101 and the stunning coastline, offering the perfect blend of convenience and coastal living. Nestled in the highly desirable Lincoln City, this property is more than just a picturesque retreat—it's also a valuable investment opportunity. Thanks to the extremely rare OPMSH zoning, this cottage comes with guaranteed short-term rental (STR) use, making it a lucrative income-producing asset from day one. Step inside this turnkey home, and you'll find a thoughtfully designed space that combines comfort with functionality. The practical kitchen is well-equipped for all your culinary needs, while the generous living area invites you to relax and unwind after a day at the beach. With two cozy bedrooms and a well-appointed bathroom, this cottage offers the perfect setting for an intimate escape. Whether you're planning to use it as a weekend getaway or rent it out to visitors, this property has all the elements needed to create memorable experiences. The cottage also boasts modern upgrades, including a newer mini-split HVAC system that ensures year-round comfort. Additionally, the detached single-car garage provides plenty of storage space for all your beach gear and more. With its prime location, income-generating potential, and undeniable charm, this beach cottage is ready to be your home away from home—or a profitable addition to your real estate portfolio.
Highlights
Home typeSingle Family Residence
HeatingZoned
StatusActive
CoolingZoned
Size728 sqft
Lot size0.11 Acres
Year built1930
ParkingDriveway, Street Parking
MLS #24610331
Garage1 space
Summary
- MLS Number: 24610331
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: eXp Realty, LLC
- Office Phone: (310) 422-6044
- Listing Agent: Evan Nelson
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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$415,000
1540 NW 20th St
$4,928
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 06, 2018 | Home Sold | $179,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $110,460 | $1,886 |
| 2022 | $107,250 | $1,833 |
| 2021 | $104,130 | $1,833 |
| 2019 | $98,160 | $1,648 |
| 2018 | $95,310 | $1,611 |
| 2017 | $92,540 | $1,542 |
History based on county public records data.
Nearby schools
5
Taft Elementary School
Public District 3-6
3.0 mi
•4040 SE High School Dr
3
Nestucca Valley Elementary
Public District KG-6
15.4 mi
•36925 Highway 101 S
6
Sam Case Elementary School
Public District 3-5
23.1 mi
•459 NE 12th St
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 $43,750. Typical income of Lincoln City, OR residents is less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
45%
<35k
34%
35k-100k
19%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
52%
Single, No Kids
9%
Single, with Kids
28%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
5%
12-17 yrs old
18%
18-34 yrs old
43%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Wrestling
NASCAR
Where do the neighbors shop?
Kmart
Stein Mart
Family Dollar
Where do the neighbors go to eat?
Bob Evans
Dominos Pizza
Cracker Barrel
What do the neighbors drive?
Buick
Ford
Ram
What do the neighbors listen to?
Oldies
Adult Standards
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1540 NW 20th St
This home is located at 1540 NW 20th St in Lincoln City, OR and zip code 97367 in the Devil's Lake Park neighborhood. This 728 square foot home, which was built in 1930, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $415,000.
In December 2024, from all listings sold in Lincoln City, OR there were more than 0 sold above asking price, over 9 sold below and more than 0 were sold right at the asked price. In December 2024 in Lincoln City, OR there were 1.2% more homes for sale than in November. While the average time on the market in December 2024 was 95 days, the median list price was $521,500.
From Rocket Homes Real Estate and based on county public records data.