All homes

$278,000

Reduced $11,000 — was $289,000

890 Magellan Avenue #1

Ocean Shores, WA 98569

Active
Territorial view

Beds

3

Baths

2

Sq Ft

Lot

0.04 ac

Year built

2022

Type

Residential

Days listed

MLS #

2555568

About this home

Ocean Beach Getaway with Nightly Rental Potential! Own your own standalone modern cottage in the heart of Ocean Shores, perfectly zoned for nightly rentals & currently operating as a successful vacation rental. Just a short walk to public beach access, downtown shopping, restaurants & entertainment, this turnkey property offers the ideal combination of personal enjoyment & investment opportunity. Unlike a traditional condo, this detached home features no shared walls, providing added privacy & comfort. Sold fully furnished, it's ready for immediate occupancy or immediate rental income. The thoughtfully designed interior includes 3 bedrooms, 2 baths, durable luxury vinyl plank flooring throughout, a full-sized kitchen with stainless steel appliances & the convenience of an in-unit washer & dryer. Two private balconies offer the perfect place to relax after a day at the beach & 2 dedicated parking spaces complete the package. Monthly HOA dues of $314 cover exterior maintenance, reserves, master insurance policy, water, sewer & power, making ownership simple & predictable. Ocean Shores Community Club membership means endless access to pools, parks, fitness & more. Whether you're looking for a profitable vacation rental, a weekend beach retreat, or an affordable first home by the coast, this move-in-ready property checks all the boxes. Don't miss this exceptional opportunity to own a versatile, income-producing beach cottage in one of Washington's favorite coastal destinations!

Interior features

Cooking-ElectricDryer-ElectricEnd UnitInsulated WindowsWasherWater Heater

Exterior features

Cement PlankedMetal/VinylWoodWood Products

Appliances

DishwasherDisposalDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Schools

Elementary

Ocean Shores Elem

Middle

North Beach Mid

High

North Beach High

Property details

Heating
Ductless, Wall Furnace
Cooling
Ductless
Flooring
Vinyl Plank
Parking
Off Street, Uncovered
View
Territorial
Lot
Paved
Style
Modern
Levels
Three Or More

Costs

Annual taxes
$1,506 (2026)
HOA dues
$316 / monthly

Estimate your monthly payment

$1,847/mo

Principal & interest
$1,406
Property taxes
$126
HOA dues
$316
Loan amount $222,400

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Ocean Shores, WA 98569

Approximate location. Contact us to confirm the exact address.

Listing courtesy of The Thomas Group NW RE, LLC— Lori M. Patch.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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