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5201 SW Highway 101, Lincoln City, OR 97367 — photograph 1

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5201 SW Highway 101, Lincoln City, OR 97367 — photograph 1
1 Bed1 Bath684 sqft

5201 SW Highway 101, Lincoln City

$399,000

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PendingMLS®: 234405277Listing held by another brokerage, marked RMLS
Price per sqft
$583.33
Built in
1999
Property size
684 sqft
Property type
Residential
Days on market
123

Overview

Experience coastal luxury in this Waters Edge condo nestled in the heart of Oregon's historic Taft District. This 4th floor Bayfront unit, complete with a cozy gas fireplace, offers breathtaking vistas of the Siletz Bay, striking rock formations, and the vast Pacific Ocean. The 1 bed/1 bath unit comes mostly furnished and turn-key. Boasting convenient access to the bay, beach, and all local amenities including restaurants, groceries, shops, and bars - this unit is perfect as a tranquil getaway or a lucrative vacation rental. Salishan Resort & Golf course is right up the road. The condo features an elevator for easy access to the upper floors and has affordable HOA dues, covering all utilities. STR's permitted - Buyer Due Diligence with City required.

Details

Interior

Interior features
Washer / Dryer
Appliances
Built-in Oven, Built-in Range, Built-in Refrigerator, Dishwasher, Microwave
Fireplace
Yes
Fireplaces
1
Fireplace description
Gas
Cooling
No
Cooling description
None
Heating
Yes
Heating description
Wall Furnace

Exterior and lot

Lot features
Commons, Ocean Beach ¼ Mile or Less
Architectural style
Other
Roof
Composition
View
Yes
View description
Bay, Ocean

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
0
Total parking
0

Schools

High school
Taft
Middle school
Taft
Elementary school
Oceanlake

Location

City
Lincoln City
County
Lincoln

Taxes and dues

Annual taxes
$3,363 (2025)
HOA dues
$470 / month

Location

5201 SW Highway 101, Lincoln City, OR 97367

Map showing the location of 5201 SW Highway 101, Lincoln City, OR 97367
© Mapbox © OpenStreetMap

Monthly payment estimate

$2,874 /mo

20% · $79,800
7.00%
Principal and interest
$2,124
Property tax (2025)
$280
HOA dues
$470
Total
$2,874

Estimate only, and not an offer of credit. Assumes 20% down ($79,800) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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