Located in the heart of the highly coveted Olivia Beach community, The Blue Bayou is a stunning 3-bedroom, 3.5-bathroom home designed to showcase breathtaking ocean views while offering both privacy & comfort. This home is an exceptional choice for a full-time residence, vacation retreat, or investment property with VR zoning for outstanding rental income potential. Step inside to a welcoming entryway that leads into a charming family room, the perfect spot to unwind after a day of beachside adventures. This level also includes a spacious guest bedroom and full bathroom, ensuring a private and comfortable stay for visitors. The second floor is home to two luxurious master suites, each featuring spacious bathrooms and peaceful retreats designed for ultimate relaxation. Step on to the covered deck, where you can soak in the private hot tub or gather around the fire pit, all while listening to the rhythmic waves rolling in from the shore. The third floor is an entertainer's dream, featuring a bright, open-concept living space with expansive ocean views. Large decks invite you to take in the fresh coastal air, while the kitchen and convenient half bath make hosting effortless. Two gas fireplaces provide warmth and ambiance, creating a cozy yet sophisticated atmosphere. Additional features include: VR Zoning - Excellent rental income potential, Fully furnished - A turnkey opportunity for seamless ownership, Exclusive Olivia Beach amenities - Access to the outdoor pool, clubhouse, fitness center, and park. Whether you're searching for a tranquil coastal escape or a high-performing vacation rental, The Blue Bayou is ready to welcome you home.
Active
Price cut: $26K (4/15)
$899,000
2571 SW Anemone Ave, Lincoln City, OR 97367
3beds
4baths
2,304sqft
Est.:
Single Family Residence
Built in 2017
5,662.8 Square Feet Lot
$875,600 Zestimate®
$390/sqft
$170/mo HOA
What's special
Gas fireplacesOutdoor poolBright open-concept living spaceBreathtaking ocean viewsExpansive ocean viewsCovered deckPeaceful retreats
- 69 days
- on Zillow |
- 388 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: April 15, 2025 at 12:17pm
Listed by:
Alishia J Smith 541-992-3241,
Realty One Group At The Beach, Newport,
Stacey Clendenin 503-539-7816
Source: OCMLS,MLS#: 25-277

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- Electric Wall/Zone
Features
- Vaulted Ceiling(s)
- Flooring: Vinyl, Carpet, Wood
- Windows: Window Coverings
- Has fireplace: No
Interior area
- Total structure area: 2,304
- Total interior livable area: 2,304 sqft
Property
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Frontage type: None
Lot
- Size: 5,662.8 Square Feet
Details
- Additional structures: Shed(s)
- Parcel number: 071122CA1230000
- Zoning description: VR Vacation Rental
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 2017
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Olivia Beach
HOA
- Has HOA: Yes
- HOA fee: $510 quarterly
Location
- Region: Lincoln City
Financial & listing details
- Price per square foot: $390/sqft
- Tax assessed value: $948,590
- Annual tax amount: $7,207
- Date on market: 2/17/2025
- Road surface type: Paved
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