95500 HIGHWAY 101, Yachats, OR 97498

$1,499,000
3,674
SqFt

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List Price
$1,499,000
Days on Market
24
MLS#
754846671
Property Type
Multifamily
Sqft. of Residence
3,674
Lot Size
1 to 2.99 Acres
Region
Lane Co: Florence North
Status
ACTIVE

Property Description

THE BEACHCOMBER COTTAGES! Exceptional oceanfront investment opportunity featuring three buildings with six established short-term rental units, plus a seventh unfinished unit currently serving as a laundry/utility room, offering potential for conversion into a manager's unit or additional rental. The property totals 3,674 square feet and includes a path leading directly to the beach. Units 1 and 2 are studio-style accommodations with a kitchenette and full bathroom. Units 3 and 4 feature one main-level bedroom, a spacious living room, full kitchen, dining area, and an upstairs loft with three full-size beds, comfortably accommodating larger groups. Unit 5 offers one bedroom, one bathroom, a full kitchen, dining area, and living space. Unit 6, the largest unit, features a generous living room, full kitchen, dining area, bathroom, one bedroom on the main level, and an additional upstairs bedroom. Each unit includes a private deck with breathtaking views of the Pacific Ocean and sandy shoreline. Guests can enjoy the shared grassy picnic area, open-air storage shed between Units 3 and 4, and easy beach access from the property. Whether you're looking to expand your investment portfolio or own a premier coastal hospitality property, this rare oceanfront offering combines an unbeatable location, established rental income, and future potential.

Additional Information

Tax Amount
$3,482
Year Built
1945
High School
Siuslaw
Elementary School
Siuslaw
Middle School
Siuslaw
Acres
2.21
Living Area
3,674
Stories
2
Terms
Cash, Conventional, Other
Fuel Description
Electricity
Heating Description
Zoned
Hoa Rent Includes
None
Hot Water Description
Electricity
Exterior Description
Wood Siding
Sewer Description
Septic Tank
Waterfront Description
Ocean Front
View
Ocean
Parking
Driveway
Waterfront
Yes
Parking Description
Driveway
Road Surface
Dirt, Gravel
Number Of Units Total
7
Unit Type One Baths Total
1
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Units Total
1
Unit Type Five Units Total
1

Mortgage Calculator

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Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of TR Hunter Real Estate.

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