Price Reduced Listing
$659,000
 $3,538 est/mo Sourced by Back At You

5218 NW Jetty Ave,LincolnCity, OR 97367

LincolnCity, OR 97367

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Description

Motivated seller. Price greatly reduced. Ocean view duplex located in the Road's End area of Lincoln City, with nearby public beach access. This property offers the opportunity for coastal income, or the option to occupy one unit and rent the other.The property is currently operated as a rental with an approximate 6.6% cap rate. The lower unit features two bedrooms and one bathroom, while the upper unit includes one bedroom and one bathroom.Conveniently located less than a mile from grocery stores, shopping, banks, and entertainment. All showings are by appointment only. Please do not disturb tenants.The property has a recorded view easement in place, preventing any structure from being built above the current height.One of the sellers holds an active real estate license in the state of Oregon."

Details

MLS #518414587
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1966
Days On Site573
Listing Provided ByTaylor & Taylor Realty Co. | Dennis Regen

Features

SQ Feet1,980
Story(s)2
Units2
ZoningR1-RE
Acreage0.11
Property ViewOcean

Interior

HeatingForced Air
Heating YnYes
CoolingNone
Cooling YnNo

Exterior

RoofBuilt Up
Security FeaturesNone
Foundation DetailsConcrete Perimeter
Lot FeaturesOcean Beach One Quarter Mile Or Less

Parking

Attached Garage YnNo
Parking FeaturesDriveway

Taxes

Property6004

Area Information

StateOR
CountyLincoln
CityLincolnCity
Zip Code97367
Community NameBRAEMAR
School DistrictTaft
Elementary SchoolOceanlake
High SchoolTaft
Listing VS Median (in BRAEMAR)
Price:
$659,000
low | high
Med:
$569,500
63.581183611533% of Average
sqft:
1,980
low | high
Med:
1,674
65.454545454545% of Average
$ / sqft:
$333
low | high
Med:
$342
47.288555227218% of Average
On site:
573
low | high
Med:
334.5
100% of Average
Sourced by Back At You

Market Activity 97367

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Learn More About This Property

StateOR
CountyLincoln
CityLincolnCity
Zip Code97367
Community NameBRAEMAR
School DistrictTaft
Elementary SchoolOceanlake
High SchoolTaft
Listing VS Median (in BRAEMAR)
Price:
$659,000
low | high
Med:
$569,500
63.581183611533% of Average
sqft:
1,980
low | high
Med:
1,674
65.454545454545% of Average
$ / sqft:
$333
low | high
Med:
$342
47.288555227218% of Average
On site:
573
low | high
Med:
334.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $494K - $823K
sqft: 1,000 - 2,000
Listing Updated: October 23, 2026 at 12:52:27 PM PDT