153 S Wells Dr, Lincoln City, OR, 97367

This listing is a unique ocean and Siletz River view opportunity to enjoy the beach/river environment while deciding how to utilize the three residential parcels that come with this listing. It consists of three buildings each on the three separate ocean/bay view lots. One parcel has a totally remodeled (read: new) 1 bedroom cottage with an adjacent sitting room that could easily become a second bedroom. Next is a well-built three bedroom retro chalet main house that was recently rented for $2500/mo., along with the adjacent metal barn which was built on the third lot. The main house is currently vacant as the owner had planned to update.Situated on a very private little-used dead end road high above Siletz Bay, the ocean views are unobstuctible and very natural because of the isolation of the parcel locations. The flat ledge these parcels sit on is visually isolated from and above the few parcels below. The separate cottage and main house septic systems were professionally updated and new roofs completed on each dwelling 3 years ago. The barn has two large, high bays with automatic garage door openers and full concrete floor. There is a wide graveled parking area adjacent to the barn. The parcels back up to the access road which is on the edge of a ravine of forest use and so privacy comes all these parcels. Each dwelling has its own electrical service and KGB water meter even though the cottage is currently an adjacent building or guest house to the larger house. The cottage was originally a shop/garage but was smartly placed on its own parcel with its own water, septic and electrical infrastructure. It’s a perfect combination of an enjoyable ocean/river-oriented getaway with lots of covered and uncovered space for vehicles and work area. The 3 b/r house and guest house/cottage have obvious, separate potential but it’s a wonderful compound.