5318 SW Pacific Coast Highway, Waldport, OR 97394 (MLS:17-311)

Residential Site Blt

Updated by Doretta Smith,

Property Description 

Oceanfront Investment Opportunity! Wakonda Oceanfront Escape is a turnkey vacation rental, being offered for sale with guaranteed $3k monthly revenue. The vacation home also as an impressive cap rate. The current vacation management agreement is transferrable. Buyers to confirm ability to obtain vacation rental permit with Lincoln County. All booking to be honored. See Supplemental tab for This turnkey vacation rental has strong history as a rental through Vacasa. The home has 61 reviews with an average rating of 4.5 out of 5. Upon confirming with Lincoln County that a buyer could obtain a short term rental permit, Vacasa would transfer the vacation rental management agreement from the current owner to the new owner, and honor the monthly fixed revenue payment of $3000. This rental management agreement is reviewed and adjusted annually. To see this wonderful vacation home’s vacation rental website follow the link below: https: //www. Vacasa. Com/unit. Php? UnitID=1881 See a virtual tour of the interior of the home at the above website, see how well the calendar is booked up, get a better feel for the home through the home’s description, and look through all the great reviews previous guests have left for the home. Learn more about partnering with Vacasa to manage your short term rental investment property: https: //www. Vacasa. Com/property-management/ PayneWest Insurance, in Newport, quoted flood insurance at an annual cost of $749.

5318 SW Pacific Coast Highway, Waldport, OR 97394 - Oceanfront and Spectacular!5318 SW Pacific Coast Highway, Waldport, OR 97394 - Oceanfront and Spectacular!
5318 SW Pacific Coast Highway, Waldport, OR 97394 - Great Looking Oceanfront Home5318 SW Pacific Coast Highway, Waldport, OR 97394 - Tub With A View5318 SW Pacific Coast Highway, Waldport, OR 97394 - Living Comfort5318 SW Pacific Coast Highway, Waldport, OR 97394 - The Livingroom5318 SW Pacific Coast Highway, Waldport, OR 97394 - Kitchen And A View5318 SW Pacific Coast Highway, Waldport, OR 97394 - Functional Workspace5318 SW Pacific Coast Highway, Waldport, OR 97394 - Dining With A View5318 SW Pacific Coast Highway, Waldport, OR 97394 - Protected Tea5318 SW Pacific Coast Highway, Waldport, OR 97394 - Upper Bathroom5318 SW Pacific Coast Highway, Waldport, OR 97394 - Entryway5318 SW Pacific Coast Highway, Waldport, OR 97394 - Ocean View Bedroom5318 SW Pacific Coast Highway, Waldport, OR 97394 - Ocean View Bedroom5318 SW Pacific Coast Highway, Waldport, OR 97394 - Lower Level Bedroom5318 SW Pacific Coast Highway, Waldport, OR 97394 - Another Tub With A View5318 SW Pacific Coast Highway, Waldport, OR 97394 - 1st Level Bathroom5318 SW Pacific Coast Highway, Waldport, OR 97394 - First Level Laundry5318 SW Pacific Coast Highway, Waldport, OR 97394 - There's That View5318 SW Pacific Coast Highway, Waldport, OR 97394 - Your backyard!5318 SW Pacific Coast Highway, Waldport, OR 97394 - Access Off Hwy 1015318 SW Pacific Coast Highway, Waldport, OR 97394 - North Side of Home5318 SW Pacific Coast Highway, Waldport, OR 97394 - Deck Views!5318 SW Pacific Coast Highway, Waldport, OR 97394 - Private Beach?5318 SW Pacific Coast Highway, Waldport, OR 97394 - Life at Wakonda Beach
5318 SW Pacific Coast Highway, Waldport, OR 97394 - Great Looking Oceanfront Home5318 SW Pacific Coast Highway, Waldport, OR 97394 - Tub With A View5318 SW Pacific Coast Highway, Waldport, OR 97394 - Living Comfort5318 SW Pacific Coast Highway, Waldport, OR 97394 - The Livingroom5318 SW Pacific Coast Highway, Waldport, OR 97394 - Kitchen And A View5318 SW Pacific Coast Highway, Waldport, OR 97394 - Functional Workspace5318 SW Pacific Coast Highway, Waldport, OR 97394 - Dining With A View5318 SW Pacific Coast Highway, Waldport, OR 97394 - Protected Tea5318 SW Pacific Coast Highway, Waldport, OR 97394 - Upper Bathroom5318 SW Pacific Coast Highway, Waldport, OR 97394 - Entryway5318 SW Pacific Coast Highway, Waldport, OR 97394 - Ocean View Bedroom5318 SW Pacific Coast Highway, Waldport, OR 97394 - Ocean View Bedroom5318 SW Pacific Coast Highway, Waldport, OR 97394 - Lower Level Bedroom5318 SW Pacific Coast Highway, Waldport, OR 97394 - Another Tub With A View5318 SW Pacific Coast Highway, Waldport, OR 97394 - 1st Level Bathroom5318 SW Pacific Coast Highway, Waldport, OR 97394 - First Level Laundry5318 SW Pacific Coast Highway, Waldport, OR 97394 - There's That View5318 SW Pacific Coast Highway, Waldport, OR 97394 - Your backyard!5318 SW Pacific Coast Highway, Waldport, OR 97394 - Access Off Hwy 1015318 SW Pacific Coast Highway, Waldport, OR 97394 - North Side of Home5318 SW Pacific Coast Highway, Waldport, OR 97394 - Deck Views!5318 SW Pacific Coast Highway, Waldport, OR 97394 - Private Beach?5318 SW Pacific Coast Highway, Waldport, OR 97394 - Life at Wakonda Beach
  • City Waldport 
  • County Lincoln 
  • State Oregon 
  • Major Area SWAL - Waldport 
  • Area SWAL - Waldport 
  • Subdivision Wakonda Beach 
  • Parcel Number 141202AB-800-00 
  • U.S. Highway 101 West Side 
  • Style Traditional 
  • Bedrooms
  • Bathrooms
  • Basement No 
  • Ceiling Vaulted 
  • Flooring Carpet, Hardwood, Tile 
  • Furnished Yes 
  • Heating/Cooling Electric Wall/Zone 
  • Water Heater Electric 
  • Garage Type None 
  • Street Surface Gravel, Paved 
  • Roof Composition 
  • Siding Composition Wood, Shake/Shingle 
  • Foundation Concrete Post 
  • Outbuildings None 
  • Total Square Feet 1,160 
  • Year Built 1999 
  • Lot Acres 0.29 
  • Lot Size 12,632 SQ FT 
  • Lot Type Irregular 
  • Frontage None 
  • Zoning R1 
  • Water City 
  • Sewer Septic 
  • Electric On Property 
  • Gas None 
  • Bank/Lender Owned No 
  • Seller's Terms 1031, Cash, Conventional Financing, Submit 
  • Price $375,000 
  • Taxes $3,645 
  • MLS Number 17-311 
  • Phone Number 541-961-6688 
  • Directions Highway 101, approximately 3 miles south of Waldport. Home is located on the on the right side of Highway 101. Use one of the two pull-offs before SW Wakonda Beach Rd. 

Kelly Right Real Estate of Portland LLC is the listing office. Call Doretta Smith at 541-961-6688 to see this property or obtain more information.