🌊 $1.395M Oregon Coast STR | Rare VR Zoning + Ocean Views, Sauna & Cold Plunge
🏖️ ~10.4%–12.5% projected gross revenue-to-price, 5 bedrooms, 180° ocean views, private sauna + cold plunge and rare vacation-rental zoning!
Alex Veytsman
November 11, 2026
🌊 $1.395M Oregon Coast STR | Conservatively Projected $145K–$175K Annual Gross Revenue + Rare VR Zoning, Private Sauna & Cold Plunge!
🏖️ ~10.4%–12.5% projected gross revenue-to-price, 5 bedrooms, 180° ocean views, rare vacation-rental zoning + private sauna and cold plunge!
📩 Interested in this property? Contact Mike Howe directly.
📞 Call or Text: (503) 348-7701
📧 Email: [email protected]
🌊 A Brand-New $1.395M Oregon Coast Airbnb With Up to $175K in Projected Annual Gross Revenue?
Conservatively projected at $145K–$175K in annual gross rental revenue, according to the listing agent, with $145K targeted in year one, $160K in year two, and $175K once established.
That's the listing agent's revenue outlook for this brand-new, five-bedroom ocean-view home in Lincoln City, Oregon.
At the $1,395,000 asking price, those projections represent 10.4%–12.5% in projected annual gross revenue relative to purchase price, before expenses.
The property brings some serious differentiators: 180-degree ocean views, rare reported outright vacation-rental zoning, four ensuite bedrooms, a private sauna, cold plunge and beach access through Olivia Beach.
And with 2026 coming to a close, investors exploring potential tax deductions for this year have another reason to evaluate the opportunity now.
👉 For the three rental projection reports, furnishing quotes and property details, contact Mike Howe.
📞 (503) 348-7701
📧 [email protected]
🏡 The Asset + Investment Story
2528 SW Coral Ave, Lincoln City, OR 97367
💵 Agent's Conservative Annual Gross Revenue Projection: $145,000–$175,000
💰 Asking Price: $1,395,000
💵 Projected Year 1 Gross Revenue: $145,000 — Agent Target
📈 Projected Year 2 Gross Revenue: $160,000 — Agent Target
🚀 Projected Stabilized Annual Gross Revenue: $175,000 — Optimized Target
📊 Projected Gross Revenue-to-Price: ~10.4%–12.5%
🛏️ Bedrooms: 5 — Four Full Suites + Bunk Room
🚿 Bathrooms: 5
📐 Interior: 3,247 Sq Ft
👥 Sleeping Capacity: 12+ Reported
🌊 180-Degree Ocean Views
🔑 Rare Outright City Vacation Rental Zoning — Seller-Reported
🏗️ New Construction — Never Occupied
🧖 Dedicated Wellness Room + Private Sauna
🧊 Private Cold Plunge Tub
🏖️ Olivia Beach Community Access + Amenities
🛋️ Two Family Rooms on Separate Levels
🌅 Covered Ocean-View Decks on 2nd + 3rd Levels
🍷 Chef's Kitchen + Butler's Pantry With Wine Fridge
♨️ Designated Hot Tub Area + Outdoor BBQ Space
🧺 Two Laundry Rooms
🚗 Two-Car Garage
🏊 Community Seasonal Pool + Fitness Room + Sand Volleyball
🛋️ Unfurnished — Turnkey Furnishing Quotes Available
The investment story: A brand-new luxury coastal STR opportunity with rare reported vacation-rental zoning, premium group-friendly amenities and an agent-projected path toward $175K in stabilized annual gross revenue.
📊 Conservatively Projected $145K–$175K Annual Gross Revenue
The home has never operated as a vacation rental, so there's no historical income. The listing agent characterizes the $145K–$175K annual gross revenue outlook as conservative, with the property projected to generate $145K in year one, $160K in year two, and $175K once established.
Stage | Projected Annual Gross Revenue | Monthly Average |
|---|---|---|
🏡 Year 1 — Launch | $145,000 | ~$12,083 |
📈 Year 2 — Building Momentum | $160,000 | ~$13,333 |
🚀 Year 3+ — Established | $175,000 | ~$14,583 |
The progression assumes professional furnishings, effective marketing, strong guest reviews and active revenue management.
At $175K, the stabilized target represents approximately 12.5% of asking price in projected annual gross revenue. This is not net income, a cap rate or a guaranteed return. Actual performance will depend on occupancy, pricing, expenses, management and rental compliance.
📈 Three Rental Reports
The agent has supplied three supporting reports, giving buyers multiple ways to evaluate the home's revenue potential.
📄 1. Meredith Lodging: Revenue Scenarios
Projected annual gross rent: $140K–$175K
The report models three possible outcomes:
$140K: Conservative launch scenario
$155K: Stabilized operation
$175K: Optimized performance
It also provides monthly revenue estimates to illustrate seasonality.
Why it matters: Buyers can evaluate conservative, middle and upside scenarios instead of relying on a single revenue projection.
📎 Attachment: 2528 SW Coral Revenue Scenarios.pdf
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📄 2. Meredith Lodging / KeyData: Comparable Market Performance
Comparable-property annual gross rent benchmark: $147,717
💵 Average Daily Rate: $753
🌙 Annual Guest Nights Booked: 196.2
📊 Implied Calendar Occupancy: ~54%
⏳ Average Booking Window: 104 Days
Based on a trailing one-year comparable set of five-bedroom houses, the report also shows monthly revenue, occupancy patterns and nightly rates.
Why it matters: It provides a market-based benchmark for evaluating the home's projected revenue and seasonal demand.
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📄 3. BNBCalc: Additional Revenue Projection
Projected Annual Gross Revenue: $170,259
💰 Projected Revenue Range: ~$145K–$196K
🌙 Projected Average Daily Rate: $817
📊 Projected Occupancy: 57%
This separate analysis includes nearby comparable STRs and estimates annual performance based on nightly pricing and occupancy.
Why it matters: It offers another modeling perspective close to the agent's $175K stabilized target.
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Important: These are projections, not actual rental results. Buyers should verify operating expenses, furnishing costs, financing and rental eligibility before relying on any projected return.
Contact Mike Howe for full details and additional info.
📞 (503) 348-7701
📧 [email protected]
💰 2026 Tax Advantages: Why the Clock Matters
With December 31 approaching, investors hoping to capture eligible depreciation deductions on their 2026 tax returns have a narrowing window.
Current federal tax law allows 100% bonus depreciation for certain qualifying assets. A cost segregation study may help identify property components eligible for accelerated deductions.
For qualifying investors, purchasing, furnishing and placing this home in service as a rental before December 31, 2026, could create potential deductions for the 2026 tax year.
Closing alone isn't enough. The property must meet applicable placed-in-service requirements, and actual deductions depend on qualifying assets, the buyer's tax situation and applicable IRS rules.
The 100% bonus depreciation provision isn't scheduled to expire at year-end; the urgency is whether an investor can qualify for deductions in 2026 rather than a later year.
With the property currently unfurnished, buyers considering this strategy should consult their CPA or cost segregation specialist promptly about timing, eligibility and rental readiness.
🧖 A Private Coastal Wellness Retreat Built for Group Stays
A private sauna and cold plunge. Four ensuite bedrooms. Panoramic ocean views.
The dedicated wellness room gives this home a distinctive guest experience, complemented by covered ocean-view decks, a designated hot tub area and outdoor BBQ space.
Inside, four private suites provide flexibility for multiple couples or families, while the bunk room and two separate family rooms accommodate larger groups. A chef's kitchen, spacious island and butler's pantry with wine fridge round out the entertaining spaces.
Two laundry rooms and a two-car garage support practical rental operations, while the home's unfurnished condition allows buyers to create a cohesive guest experience from day one.
🏖️ Olivia Beach: Community Amenities + Rare STR Zoning
Located in Lincoln City's Olivia Beach community, the property offers access to the beach, a seasonal swimming pool, fitness room and sand volleyball court.
More importantly for investors, the listing agent reports outright City Vacation Rental zoning, a potentially valuable distinction in a market where short-term rental permissions can be difficult to obtain.
Buyers should independently confirm rental licensing, permitted occupancy and community restrictions. The revenue projections also assume five rentable bedrooms and five compliant off-street parking spaces, making final parking/easement approval and STR eligibility especially important diligence items.
👉 For zoning details, furnishing quotes or a private tour, contact Mike Howe.
📞 (503) 348-7701
📧 [email protected]
🎯 Why This One Stands Out
💰 Conservatively projected $145K–$175K annual gross revenue, per listing agent
📊 ~10.4%–12.5% projected gross revenue-to-price at $1.395M
🔑 Rare reported outright City Vacation Rental zoning
🌊 180-degree ocean views from a brand-new coastal home
🧖 Private sauna + cold plunge in a dedicated wellness room
🛏️ Five bedrooms, four ensuite suites + two family rooms
🌅 Covered ocean-view decks + outdoor entertaining spaces
🏖️ Olivia Beach access, seasonal pool, fitness room + volleyball
💰 Potential 2026 depreciation opportunity, subject to eligibility and year-end placed-in-service requirements
⚡ Bottom Line
🌊 $1.395M for a Brand-New Ocean-View STR With Up to $175K in Projected Annual Gross Revenue
A conservative projection of $145K–$175K in annual gross rental revenue, supported by multiple rental analyses and paired with rare reported vacation-rental zoning, panoramic ocean views and a private wellness retreat. Investors exploring 2026 tax deductions have an additional timing consideration, provided the property can qualify and be placed in service before year-end.
📩 Interested in This Property?
Contact Mike Howe directly for property details, rental projections, turnkey furnishing quotes or to schedule a private tour.
📞 Call or Text: (503) 348-7701
📧 Email: [email protected]