603 SW 27th Way, Lincoln City, OR 97367 (MLS# 26-1318)

603 SW 27th Way, Lincoln City, OR 97367

$729,000

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 1,640 Lot Size (sq. ft.): 2,614 Status: Active

Current Price: $729,000 List Date: 5/15/2026 Last Modified: 5/29/2026

Overview

Description

The Ultimate Coastal Opportunity: Olivia Beach stands alone as the only master-planned community in the area with Vacation Rental (VR) Zoning and no waitlist for licenses. Unlike other VR options often restricted to hotel-adjacent areas, this is a true residential neighborhood experience. Be revenue-ready for summer; the licensing process can begin upon a signed purchase agreement allowing you to capture the peak summer season or invite the family to your coastal vacation home. One Seller is a licensed Realtor in the state of Oregon and co list agent. The Home: This quintessential Cape Cod cottage offers a welcoming enclosed and covered front porch and upper birds eye porch off the primary suite. Features an open-concept main level, anchored by a gas fireplace with a custom built-in media niche and a charming dining nook with seating for 6+. The gourmet kitchen is a standout for functionality, featuring ample counter and cabinet space, premium gas appliances, and brand-new high-end upg ... (Read more) The Ultimate Coastal Opportunity: Olivia Beach stands alone as the only master-planned community in the area with Vacation Rental (VR) Zoning and no waitlist for licenses. Unlike other VR options often restricted to hotel-adjacent areas, this is a true residential neighborhood experience. Be revenue-ready for summer; the licensing process can begin upon a signed purchase agreement allowing you to capture the peak summer season or invite the family to your coastal vacation home. One Seller is a licensed Realtor in the state of Oregon and co list agent. The Home: This quintessential Cape Cod cottage offers a welcoming enclosed and covered front porch and upper birds eye porch off the primary suite. Features an open-concept main level, anchored by a gas fireplace with a custom built-in media niche and a charming dining nook with seating for 6+. The gourmet kitchen is a standout for functionality, featuring ample counter and cabinet space, premium gas appliances, and brand-new high-end upgrades: a large-capacity refrigerator and a multi-functional microwave with integrated air fryer and convection features. The upper level serves as a retreat with dual en suites, vaulted ceilings, spacious walk-in closets, and an efficient on-demand hot water for endless comfort. Double Garage with Carriage House Suite: A standout feature of this property is the rare, fully independent guest suite. Situated above the garage with a private entrance, full bath, and natural skylight, this flexible space is ideal as a high-demand rental, a professional home office, or a premier guest suite that fits a king bed and sleeper sofa. Location & Lifestyle: Positioned directly across from the community park, your "front yard" is a picturesque landscape of wetlands and wisteria arbors. You are perfectly equidistant (0.2 miles) from both the beach access stairs and the seasonal heated pool and year round fitness room with showers. Centrally located along Lincoln City's 7 miles of sandy beaches, you're also just a short distance to local dining options, coffee, boutique shops, classic bookstore, and even a vibrant community theatre. Seamless Outdoor Living: Designed for year-round enjoyment, the home features a fully enclosed back deck and side yard—perfect for private BBQing and dining. This space is ideally suited for a future hot tub installation to complement the existing luxury hot/cold outdoor shower. Additional outdoor retreats include the gated front porch and a private upper balcony, offering a variety of vantage points to enjoy the coastal breeze. This home offers the most coveted lifestyle and investment potential on the Oregon Coast.

Supplements: A Pet-Lover's Sanctuary: Olivia Beach is a master-planned pet paradise with sidewalks and oyster shell lined walking paths. This home offers a very rare fully fenced and gated front porch and back deck and side yards, providing a secure sanctuary. After a day at the beach, use the dedicated hot/cold outdoor shower—a true luxury for rinsing off su ... (Read more)

Listing Details MLS# 26-1318

Listing Information

Listing Association Name: Lincoln County BOR
Property Sub Type: Single Family Residence

Status Change Information

Status Change Timestamp: 2026-05-15

Address

Street Number: 603
Street Direction Prefix: SW
Street Name: 27th
Street Suffix: Way
County: Lincoln
State: OR
Postal Code: 97367
Directions: From Hwy 101, enter at the historic Nelscott District—the 'Surfing District' in the heart of Lincoln City. Head West on SW 32nd St toward the ocean, turn right on SW Coast Ave, then left on SW 28th St into Olivia Beach. Proceed through the stop sign to the Olivia Beach Community Park. Turn right on SW Barnacle Ave to follow the park's edge, then left on SW 27th Way. The property is the middle house on the right, perfectly situated directly across from the park, sand volleyball court, and community fire pit.
Cross Street: SW Anemone & SW Barnacle
Parcel Number: DOC202207191
Within City Limits?: Yes

Contract

Begin Date: 2026-05-15
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Common Interest: None
Permissible for Vacation Rental: Yes

Tax Legal

Subdivision Name: Olivia Beach
School District: Lincoln County School District
Tax Annual Amount: 654650
Tax Year: 2026
Additional Parcels Description: LONI: OLIVIA BEACH SINGLE FAMLIY RESIDENCE
Zoning: VR Vacation Rental
Tax Book Number: 202207191
Tax Lot: 08900
Tax Map Number: 071122CA

AssociationCommunity

Association YN: Yes
Association Fee: 520
Association Fee Frequency: Quarterly

More Information

Interior

Bedrooms Total: 3
Bathrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Above Grade Finished Area: 1496
Below Grade Finished Area: 144
Living Area: 1640
Living Area Source: See Remarks
Main Floor Living: No
Basement YN: No
Fireplace YN: Yes
Fireplaces Total: Yes

Parking Information

Garage YN: Yes
Garage Spaces: 2

Building

Year Built: 2010
Year Built Source: Assessor
Stories Total: 2
Accessibility Features YN: No

Lot

Lot Size Acres: 0.06
Lot Size Square Feet: 2613.6
Pool Private YN: No
Water Body Access YN: No
Accessory Dwelling Unit YN: No

Association Details

Association Contact Name: Joel McDonell
Association Website: https://portal.communitymgt.com/public

Building and Property Details

Exterior Color: Coastal Gray Cedar
Washer/Dryer Type: Electric

Land Details

Mineral Rights YN: No

Pet Information

Pet Friendly: Yes
Pets Allowed YN: Yes
Pets Comments: Olivia Beach is a true pet-lover's paradise! This master-planned community was designed with four-legged family members in mind, featuring beautifully landscaped parks, dedicated dog-waste stations with complimentary bags, and convenient disposal bins.

Additional Tax and Location Information

Additional Subdivision Info: Vacation Rental (VR)
Additional Tax ID #s: 07-11-22-CA-08900-00
Highway 101: West Side
Property Tax ID #: R522196
Subdivision Parcel/Lot: 47
Subdivision Phase/Addition: 2
Tax District: 443

Room Types

Bathroom Level: Upper
Bedroom 2 Level: Upper
Bedroom 3 Level: Upper
Dining/Living Room Combo Level: Lower
Kitchen Level: Lower
Primary Bedroom Level: Upper
Utility Room Level: Lower
Bathroom: Yes
Bedroom 2: Yes
Bedroom 3: Yes
Dining/Living Room Combo: Yes
Kitchen: Yes
Primary Bedroom: Yes
Utility Room: Yes

Tax & Legal

CC&R's: Yes

Association/Community

Senior Community YN: No
Association Name: Olivia Beach Homeowners Association
Association Phone: 5034451211

Currently Not Used

Furnished: Negotiable

Utilities

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Available: Yes
Phone Available: Yes
Sewer Connected: Yes
Utilities in Garage: Yes
Water Connected: Yes

Appliances

Convection Oven: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Exhaust Fan: Yes
Gas Oven: Yes
Gas Range: Yes
Ice Maker: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Water Heater: Yes

Architectural Style

Cape Cod: Yes

Association Amenities

Barbecue: Yes
Beach Access: Yes
Fitness Center: Yes
Park: Yes
Picnic Area: Yes
Playground: Yes
Pool: Yes
Trail(s): Yes
Other: Yes

Association Fee Includes

Property Taxes for Common Areas: Yes
Security: Yes
Other: Yes

CC&R's

Building Restrictions: Yes
Conditions: Yes
Covenants: Yes
No Manufactured Homes: Yes

Community Features

Curbs: Yes
Sidewalks: Yes
Street Lights: Yes

Construction Materials

Cedar: Yes
Lap Siding: Yes
Shake Siding: Yes

Cooling

Ceiling Fan(s): Yes
Other: Yes

Fencing

Wood: Yes

Fireplace Features

Blower Fan: Yes
Gas: Yes

Flooring

Carpet: Yes
Hardwood: Yes
Tile: Yes

Foundation Details

Crawl Space: Yes

Heating

Electric: Yes
Natural Gas: Yes
Wall Furnace: Yes
Zoned: Yes

Interior Features

Bidet: Yes
Breakfast Bar: Yes
Breakfast Nook: Yes
Cathedral Ceiling(s): Yes
Ceiling Fan(s): Yes
Double Vanity: Yes
Dual Closets: Yes
Hand-held Shower Head: Yes
In-Law Floorplan: Yes
Kitchen Island: Yes
Open Floorplan: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet(s): Yes

Laundry Features

Main Level: Yes

Levels

Two: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
Submit: Yes
VA Loan: Yes

Lot Features

Landscaped: Yes

Outdoor Living Spaces Features

Balcony: Yes
Covered Porch: Yes
Enclosed Deck: Yes

Parking Features

Additional Parking: Yes
Detached Garage: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

City Street: Yes

Road Responsibility

Road Maintenance Agreement: Yes

Road Surface Type

Paved: Yes

Roof

Composition: Yes

Security Features

Carbon Monoxide Detector(s): Yes
Smoke Detector(s): Yes

Sewer

Private Sewer: Yes

Special Listing Conditions

Standard: Yes

View

Park/Greenbelt: Yes

Water Body View

No: Yes

Water Heater

Electric: Yes
Tankless: Yes

Water Source

Public: Yes

Window Features

Double Pane Windows: Yes
Insulated Windows: Yes
Skylight(s): Yes
Vinyl Frames: Yes
Window Treatments: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes

Documents

CC&R's: Yes
Property Disclosure: Yes

Property Features

Utilities: Cable Connected; Electricity Connected; Natural Gas Available; Phone Available; Sewer Connected; Utilities in Garage; Water Connected; Cable Connected; Electricity Connected; Natural Gas Available; Phone Available; Sewer Connected; Utilities in Garage; Water Connected Appliances: Convection Oven; Dishwasher; Disposal; Dryer; Exhaust Fan; Gas Oven; Gas Range; Ice Maker; Microwave; Refrigerator; Washer; Water Heater Architectural Style: Cape Cod Association Amenities: Barbecue; Beach Access; Fitness Center; Park; Picnic Area; Playground; Pool; Trail(s); Other Association Fee Includes: Property Taxes for Common Areas; Security; Other Community Features: Curbs; Sidewalks; Street Lights Construction Materials: Cedar; Lap Siding; Shake Siding Cooling: Ceiling Fan(s); Other Fencing: Wood Fireplace Features: Blower Fan; Gas Flooring: Carpet; Hardwood; Tile Foundation Details: Crawl Space Heating: Electric; Natural Gas; Wall Furnace; Zoned Interior Features: Bidet; Breakfast Bar; Breakfast Nook; Cathedral Ceiling(s); Ceiling Fan(s); Double Vanity; Dual Closets; Hand-held Shower Head; In-Law Floorplan; Kitchen Island; Open Floorplan; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Main Level Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional; Submit; VA Loan Lot Features: Landscaped Outdoor Living Spaces Features: Balcony; Covered Porch; Enclosed Deck Parking Features: Additional Parking; Detached Garage Possession: Close Of Escrow Road Frontage Type: City Street Road Responsibility: Road Maintenance Agreement Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Sewer: Private Sewer Special Listing Conditions: Standard View: Park/Greenbelt Water Body View: No Water Heater: Electric; Tankless Water Source: Public Window Features: Double Pane Windows; Insulated Windows; Skylight(s); Vinyl Frames; Window Treatments Showing Requirements: Appointment Only; Call Listing Agent Room Types: Bathroom; Bedroom 2; Bedroom 3; Dining/Living Room Combo; Kitchen; Primary Bedroom; Utility Room Documents: CC&R's; Property Disclosure

Room Information

Room Name	Level	Remarks
Primary Bedroom	Upper	Vaulted ceilings, double closets
Bedroom 2	Upper	Vaulted ceilings, walk-in closet
Bathroom	Upper	Primary with shower
Bathroom	Upper	Secondary with bathtub and double vanity.
Half Bathroom	Lower	Located off back door mudroom
Kitchen	Lower	Open floor plan with breakfast bar, plenty of counter and cabinet space, and brand new fridge and microwave with air fry and convection baking.
Dining/Living Room Combo	Lower	Built in dining nook and breakfast bar
Utility Room	Lower	Multifunctional mud room, laundry, built in cabinets, off half bath
Bedroom 3	Upper	Self-Contained Guest Suite / Carriage House located above garage w/ separate entrance
Bathroom	Upper	Full bath in separate Self-Contained Guest Suite / Carriage House

Documents

2020 By-laws Olivia Beach HOA ›

2013Articles of Incorp. Olivia Beach HOA ›

2020 Olivia Beach HOA Protect Ammend ›

ARC Request Guidelines Signs ›

2016 Hunter Highlands Olivia ›

Collections and Enforcement Res ›

Listing Office: Taylor & Taylor Realty Company

Office Email: rebroker.geraldaldrich@gmail.com

Last Updated: May - 29 - 2026

Information deemed reliable but not guaranteed.