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5201 SW Highway 101 204, Lincoln City
$325,000
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- Price per sqft
- $470.33
- Built in
- 1999
- Property size
- 691 sqft
- Property type
- Residential
- Days on market
- 72
Overview
Waterfront condo with stunning Siletz Bay views and outstanding investment potential! Located at Waters Edge Condominiums in Lincoln City's Historic Taft District, this furnished 1-bedroom, 1-bath condo offers sandy beach access, bay and ocean views, and zoning that allows outright nightly vacation rentals. Currently operating as a successful short-term vacation rental with Meredith Lodging, this turnkey property is ready to continue generating income or become your own coastal getaway. Enjoy a cozy gas fireplace, fully equipped kitchen, private balcony with storage, washer/dryer hookup, and elevator access. The affordable $493/month HOA includes all utilities, TV, and internet, making this one of the best values on the Oregon Coast. Just blocks from Mo's, Pelican Brewing, Pines Dine Food Cart Village, shopping, restaurants, and grocery stores, with Salishan Resort & Golf only minutes away. Whether you're looking for a vacation home, investment property, or your own beach retreat, this waterfront condo is ready to enjoy. Don't miss this opportunity to own on the beautiful Central Oregon Coast!
Details
Interior
- Interior features
- Elevator, Furnished, Hookup Available, Tile Floor, Vinyl Floor, Wall to Wall Carpet
- Appliances
- Dishwasher, Free Standing Range, Free Standing Refrigerator
- Fireplace
- Yes
- Fireplaces
- 1
- Fireplace description
- Gas
- Cooling
- No
- Cooling description
- None
- Heating
- No
- Heating description
- Wall Heater
Exterior and lot
- Exterior features
- Deck
- Lot features
- Commons
- Architectural style
- Common Wall
- 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
- Zoning
- TVC
- Subdivision
- Waters Edge Condo
Taxes and dues
- Annual taxes
- $3,285 (2025)
- HOA dues
- $493 / month
Location
5201 SW Highway 101 204, Lincoln City, OR 97367
Monthly payment estimate
$2,497 /mo
- Principal and interest
- $1,730
- Property tax (2025)
- $274
- HOA dues
- $493
- Total
- $2,497
Estimate only, and not an offer of credit. Assumes 20% down ($65,000) 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.
