Investors eye the Central Oregon Coast for real estate bargains

Real Estate Agent with ADVANTAGE REAL ESTATE, serving Lincoln County 200509394

Lincoln City, Oregon

Today I bring to you a photo of a sunny winter day in Lincoln City, Oregon. Lincoln County has become a popular place to search for an affordable beach home on the stunningly beautiful Pacific Coastline. This stretch of road goes through the popular "Oceanlake" district of Lincoln City. Oceanlake is popular with tourists and full time residents alike for the wonderful shopping, restaurants and lively nightlife with clubs like Nauti Mermaid hosting live bands almost every weekend, Maxwells with nitely Karaoke (for those of you who like that kind of torture!) and Chinook Winds Casino at the north end of town. 

Turn right off of this street, Hwy 101, and you will find yourself on an ocean view hilltop. Continue driving up and over the hill and you will reach Devils Lake, filled with watercraft and rimmed with lovely lake view homes.

Turn left, and you will be headed toward the ocean past many attractive beach bungalows, some with views, some with very close beach access.

Oceanlake, Lincoln City, Oregon

Prices range from around $125,000 for an older modest home which needs work to around $299,000 for a 3 - 4 bedroom updated ocean view home with granite counters and a nice yard. Spend just under $600,000 and get a lake or ocean view, possibly even oceanfront home with around 3500, 4000 sq. ft of living space and all of the finest amenities.

Oregon winter

Cash sales of ocean view homes from liquidated stock portfolios have been seen in the Lincoln County area with increasing numbers as we head into 2012. Business has been picking up during this typically slow time of year for real estate sales on the Oregon Coast.

My own desk has never been busier! Please call me at 541-270-6758 for more information or to arrange a tour regarding the Lincoln County area features and coastal properties.


Posted by

Your Coastal Realtor in Oregon

Comments (1)

Al Raymondi
Ocean View Realty Group in Ormond By The Sea Florida - Ormond Beach, FL
Ormond By The Sea Florida - Home and Condo Sales

Excellent post highlighting the Lincoln City area Barbara, sure looks like an affordable place to have an ocean view home.

Dec 26, 2011 11:22 PM