Versatile 3 bedroom, 3 bath coastal home just steps from the trail to beach access. Ideal for full-time rental income, personal use, or both. Currently features two separate living spaces, each with its own private entrance and dedicated washer & dryer. Could easily convert to a single family residence with a doorway installation. Charming cottage features original hardwood floors and abundant natural light. Fully fenced yard provides space for outdoor enjoyment and private courtyard is ready for a hot tub. Oversized 1 car garage has plenty of storage and a work bench. The suite over the garage has slider to a deck to relax and listen to the sound of the ocean waves. Zoned R-2 with potential to add a full kitchen to the suite above the garage (buyer to verify.) Prime coastal location in a great walking neighborhood with 2 different trail accesses to miles of sandy beach and nearby Yaquina Head Natural Area, Lighthouse, Agate Beach and Moolack Beach. Possible owner carry terms available!