For Sale244d on market
1333 NE Keel Ave
Lincoln City, OR, 97367 • 97367 • Lincoln County
$409,900
$249/sqft
-$5,000 since Mar 13, 2026
Down payment assistance available
4Beds
2Baths
1,648Sqft
0.08 acLot
1950Built
Property DNA
Other Views
Other
Traditional Style
Built 1950 · 76 years of history
Raymond Townsite
97367
1-Car Garage
Additional Parking · Detached Garage · Shared Driveway
This home is getting attention
Listed 244 days ago · 1,314 views · 18 saves
Market activity
Demand and pricing signals for this listing
1,314 views
People checking out this listing
18 saves
Buyers have saved this home
244 days on market
Established listing
$249/sqft
Price per square foot
About this home
Single Family · Built 1950
VACATION RENTAL ZONED OP-MSH Main Street Highway! Opportunity knocks in the heart of Lincoln City. This partially finished 4-bed, 2-bathroom home offers ocean views from the upper level and is ideally located near shopping, dining, the casino, and miles of sandy beaches. The property is zoned to allow for short-term rentals, making it a rare find for investors or those looking to create a coastal getaway with income potential. Interior improvements are already underway electrical, plumbing, and sheetrock have been completed—allowing you to step in and finish the home to your design preferences. The structure sits on a level lot with convenient access, and its central location offers both residential comfort and commercial potential. The property is being sold as-is. Whether you're looking for a full-time residence, a vacation rental, or a long-term investment, this is a promising canvas in a high-demand location. The sale is subject to an ingress/egress easement with the adjacent property to to the South for shared parking to be completed prior to closing. The adjacent property is also available for purchase. Check with your agent for details.
Standout features identified
Our analysis highlights ocean views, level lot, and interior improvements as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,603/month
Principal & Interest$2,057
Property Tax$410
Insurance$137
Down payment20% ($81,980)
3%50%
Est. 6.43% rate · 30yr fixed · $327,920 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1950
HeatingHas Heating (Unspecified Type)
Parking1 Garage space
Lot3,484 sqft
Days on Zillow244 Days
Price/sqft$249
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleTraditional
Year built1950
Systems
HeatingHas Heating (Unspecified Type)
RoofComposition
ConstructionConcrete
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingAdditional Parking, Detached Garage, Shared Driveway
Garage1 spaces
FencingNone
Lot3,484 sqft
Location & Tax
Neighborhood97367
Annual tax$3,645
Parcel071110DC0340000
Bathrooms & Fees
Full baths2
Features & details
10 categories of property features
Interior Features
Appliances
Water Heater
Flooring
Other
Heating
Has Heating (Unspecified Type)
Exterior Features
Parking
Additional Parking
Detached Garage
Shared Driveway
Construction
Concrete
Lot Features
Cleared
Level
Views
Other
Utilities
Electricity Connected
Natural Gas Connected
Water Available
Other Equipment
None
Other Structures
None
Room details
2 rooms detailed
Bonus Room
Living Room
Listing insights
Market data and value estimates
StatusFor Sale
Days on market244
Est. value$406,400
Est. rent$3,009/mo
Tax rate0.84%
Price/sqft$249
On marketJan 13, 2026
PostedJul 25, 2025
Last sold$350,000
MLS statusActive
MLS updatedMar 13, 2026
Tour days9
Views1,314
Favorites18
How are the schools in Lincoln City?
3 schools rated nearby
Location
Lincoln City, OR, 97367
Price history
13 events
DateEventPrice$/sqftSource
Mar 13, 2026Price Change$409,900$249OCMLS
Jan 30, 2026Price Change$414,900$252OCMLS
Dec 15, 2025Price Change$418,000$254RMLS (OR)
Nov 15, 2025Price Change$423,000$257OCMLS
Oct 31, 2025Price Change$428,000$260OCMLS
Oct 17, 2025Price Change$433,000$263RMLS (OR)
Sep 27, 2025Price Change$438,000$266OCMLS
Jul 25, 2025Listed For Sale$499,000$303OCMLS
Jun 16, 2023Sold$350,000$212Public Record
Mar 19, 2023Price Change$500,000$303OCMLS
Sep 21, 2022Listed For Sale$650,000$394OCMLS
Mar 28, 2008Listing Removed$875,000$531NCI
Jan 31, 2008Listed For Sale$875,000$531NCI
Price Change$409,900
Mar 13, 2026•$249/sqft•OCMLS
Price Change$414,900
Jan 30, 2026•$252/sqft•OCMLS
Price Change$418,000
Dec 15, 2025•$254/sqft•RMLS (OR)
Price Change$423,000
Nov 15, 2025•$257/sqft•OCMLS
Price Change$428,000
Oct 31, 2025•$260/sqft•OCMLS
Price Change$433,000
Oct 17, 2025•$263/sqft•RMLS (OR)
Price Change$438,000
Sep 27, 2025•$266/sqft•OCMLS
Listed For Sale$499,000
Jul 25, 2025•$303/sqft•OCMLS
Sold$350,000
Jun 16, 2023•$212/sqft•Public Record
Price Change$500,000
Mar 19, 2023•$303/sqft•OCMLS
Listed For Sale$650,000
Sep 21, 2022•$394/sqft•OCMLS
Listing Removed$875,000
Mar 28, 2008•$531/sqft•NCI
Listed For Sale$875,000
Jan 31, 2008•$531/sqft•NCI
Tax history
18 years of records
YearTax paidAssessed value
Mar 27, 2024$3,481$210,510
Mar 27, 2023$2,426$146,480
Mar 27, 2022$1,741$104,990
Mar 27, 2021$1,710$101,940
Mar 27, 2020$1,621$98,980
Mar 27, 2019—$96,100
Mar 27, 2018$1,578$93,310
Mar 27, 2017$1,578$90,600
Mar 27, 2016$1,417$87,970
Mar 27, 2015$1,417$85,410
Mar 27, 2014$1,350$82,930
Mar 27, 2013$1,350$80,520
Mar 27, 2012$1,294$78,180
Mar 27, 2011$1,243$75,910
Mar 27, 2010$1,194$75,910
Mar 27, 2009$1,157$71,560
Mar 27, 2008$1,128$71,560
Mar 27, 2007$1,103$67,460
Nearby homes
Neighborhood details
Local context around this listing
Lincoln City, OR • Lincoln County
Nearby neighborhoods
Gleneden Beach
Nearby cities
Depoe BayLincoln CityNewportOtisSeal RockSiletzTidewaterToledo
Nearby zip codes
97364973679738097388
Similar homes
The content relating to real estate for sale on this web site comes in part from the IDX program of the Oregon Coast Multiple Listing Service (OCMLS). Listing content is copyrighted. Listing data provided is AS IS. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Real estate listings held by member brokerage firms, other than Zillow, Inc., of the OCMLS are marked with the OCMLS logo. Detailed information about these properties includes the names of the member listing brokers and brokerage firms.
No obligation · Same-day response