3231 NW Inlet Ave, Lincoln City, OR 97367 (MLS:21-1784)

Multi-Dwelling

Updated by Martek Real Estate,

Property Description 

This popular and one of a kind Northwest Lincoln City Oceanfront Inn known as the ”Purple Moon Inn”, features Direct steps to beach, 2 story building, Low bank beach access. 3 romantic suites with 1 bedroom, 2 baths in each unit. Many amenities featured, each unit has a full kitchen, Relax in your private jacuzzi jetted tub, gas fireplace, private oceanfront decks on each suite, and even a library/study area for quiet time. Great investment opportunity as the total projected for 2021 would be $148,611.00. Located in the R/C zoning, there is just an occupational tax permit required, so there is no waiting period or VRD permit required for this property, since the property is listed with the county and city as a motel/inn. More pictures coming soon! Lincoln City is home to 7 miles of sandy beaches, art galleries, casino, parks, outlet mall, and plenty to see and do within minutes. Shown by appointment only!

3231 NW Inlet Ave, Lincoln City, OR 97367 - Purple Moon - exterior3231 NW Inlet Ave, Lincoln City, OR 97367 - Purple Moon - exterior
3231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 1 photo3231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 1 photo 23231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 1 photo 33231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 1 photo 43231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 1 photo 53231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 1 photo 63231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 3 photo3231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 3 photo 23231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 3 photo 3
3231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 1 photo3231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 1 photo 23231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 1 photo 33231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 1 photo 43231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 1 photo 53231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 1 photo 63231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 3 photo3231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 3 photo 23231 NW Inlet Ave, Lincoln City, OR 97367 - Unit 3 photo 3
  • Status Active 
  • City Lincoln City 
  • County Lincoln 
  • State Oregon 
  • Major Area Lincoln City 
  • Subdivision Wecoma Beach 
  • Parcel Number 071103DC-5500-00 
  • U.S. Highway 101 West Side 
  • Property Type Multi-Dwelling 
  • Style Traditional 
  • Primary View Ocean 
  • Bedrooms
  • Bathrooms
  • Basement No 
  • Ceiling Flat 
  • Flooring Carpet, Vinyl 
  • Furnished Yes 
  • Heating/Cooling Other - Cooling, Other - Heat 
  • Alternate Heat Gas Fireplace 
  • Garage Type None 
  • Parking Spaces
  • Street Surface Paved 
  • Roof Composition 
  • Siding Cedar 
  • Foundation Slab 
  • Outbuildings None 
  • Total Square Feet 2,842 
  • Year Built 1938 
  • Lot Acres 0.32 
  • Frontage Ocean 
  • Zoning RC - Recreational Commercial 
  • Water City 
  • Sewer City Property 
  • Electric On Property 
  • Gas On Property 
  • Bank/Lender Owned No 
  • Seller's Terms 1031 , Cash , Conventional Financing 
  • Price $1,200,000 
  • Tax Year 2020 
  • MLS Number 21-1784 
  • Phone Number (541) 265-8785 
  • Directions Highway 101, to NW 34th St, to NW Jetty, to NW Inlet, to property. 

Taylor & Taylor Realty Company is the listing office. Call Martek Real Estate at (541) 265-8785 to see this property or obtain more information.