Olivia Beach at its finest! Welcome to this beautifully appointed 3-bedroom, 4-bath home in one of Lincoln City's most sought-after coastal neighborhoods. Whether you're looking for a full-time residence, second home, or income-producing vacation rental, this home offers exceptional versatility. The open-concept with main level living features hardwood floors, a cozy gas fireplace, granite countertops, abundant natural light, and ocean views from both levels, creating a warm and inviting space for everyday living and entertaining. Upstairs, comfortable bedrooms provide a relaxing retreat, while the detached carriage house above the garage offers flexible space for guests, a home office, media room, or studio. Enjoy mornings on the welcoming covered front porch and the charm of Olivia Beach's architecture, manicured grounds, community park, seasonal pool, fitness amenities, and beach access. Olivia Beach is a master-planned community with Vacation Rental zoning, and short-term rentals are currently allowed with no wait list. Buyers are encouraged to verify approved uses and current STR licensing requirements with the City of Lincoln City.