Homes and Property for Sale Under $700K
With a budget of $700,000, your search for an Oregon Coast home transforms into a pursuit of the ideal lifestyle, unlocking an upper-mid tier of properties where premium locations, quality views, and high-quality finishes become the standard in smaller homes in some locations. This budget provides significant buying power, allowing you to compete for exceptional homes and even gain entry into iconic communities like Cannon Beach. You can now explore a market defined by beautifully appointed homes, architecturally interesting retreats, and properties designed to capture the magnificent coastal scenery.
An investment in the North Oregon Coast at the $700,000 level is a confident move into a stable and desirable real estate market. This budget allows you to compete for prime properties in sought-after communities like Manzanita and Seaside, and provides a foothold in the prestigious Cannon Beach market. These homes not only offer an unparalleled quality of life but also possess strong appreciation potential and are often excellent candidates for generating significant vacation rental income.
A $700,000 budget allows you to search with confidence across the entire North Coast. You are no longer just seeking entry into premier towns; you are now able to select from a range of viable options within them. The additional buying power means you can prioritize key features: a better view, a shorter walk to the beach, or a higher-quality renovation. While your dollar still goes furthest in communities like Wheeler or Garibaldi, this budget makes most desirable neighborhoods in every town—including entry-level opportunities in Cannon Beach—accessible.
At the under-$700,000 price point, you can expect homes with superior locations, better views, and higher-end features. Common options include:
Homes with Expansive Ocean Views: This is the budget where legitimate, often protected ocean views become a key feature. You will find homes thoughtfully designed with large windows and multi-level decks to maximize the panoramic scenery.
Spacious & Renovated Family Homes: Look for larger, fully updated homes featuring professional-grade appliances, spa-like primary bathrooms, extensive decking for outdoor living, and ample space for family and guests.
Homes in Premier Neighborhoods: Your budget grants you access to the most desirable and established neighborhoods, including opportunities to buy into sought-after locations in Cannon Beach or Manzanita.
Architecturally Interesting Homes: This price range includes unique properties such as classic A-frames, contemporary custom builds, or mid-century modern homes that offer distinctive character and style.
Your $700,000 budget unlocks a higher level of choice and quality across the coast. Here is what that increased buying power affords you in each community:
Cannon Beach: Arguably the most iconic town on the Oregon Coast, famous for Haystack Rock, a vibrant arts scene, and charming, walkable streets.
Benefit at $700k: This budget serves as your entry point into the exclusive Cannon Beach market. Look for opportunities in the form of older, smaller cottages in the Tolovana Park area, or homes located east of Highway 101. While requiring compromise on size or condition, it secures a foothold and a prestigious address in a world-class location.
Manzanita: A highly sought-after town known for its beautiful seven-mile beach and charming, walkable downtown village.
Benefit at $700k: This budget provides more options and choice within Manzanita. You can secure a well-maintained home with some updates in a good location, potentially closer to the village or the golf course, moving from simply 'getting in' to choosing the right fit.
Oceanside & Cape Meares: Small, dramatic cliffside villages on the breathtaking Three Capes Scenic Loop.
Benefit at $700k: You are in a strong position to acquire a home with truly spectacular and often protected ocean views, the signature feature of these dramatic villages.
Seaside: The North Coast's most bustling family-friendly destination with a wide sandy beach and numerous attractions.
Benefit at $700k: Select from a prime inventory of larger, fully renovated homes in the most desirable neighborhoods, often featuring high-end finishes and just a short stroll to the beach.
Rockaway Beach, Nehalem, Garibaldi, Wheeler, & Netarts: In these wonderful communities, your investment power is maximized. Ocean front and exceptional builds will still command higher prices.
Benefit at $700k: You are shopping at the top of the market here, allowing you to purchase a premier property—often a large, custom-built home with the best-available water views, high-end finishes, and significant acreage or privacy.
Q: Can I really buy a house in Cannon Beach for under $700,000? A: Yes, but it requires a strategic approach. As of mid-2025, $700,000 is considered an entry-level budget for Cannon Beach. Expect to find smaller, older homes, condos, or properties needing updates. The most likely locations are in South Cannon Beach near Tolovana Park or in the wooded neighborhoods east of Highway 101, which offer more value for the trade-off of being further from the beach.
Q: Is $700,000 a good budget for the North Oregon Coast? A: Yes, it is an excellent upper-mid-range budget that provides significant buying power and choice across almost all North Coast communities. It allows you to be a very competitive buyer for high-quality homes with desirable features.
Q: What kind of ocean view can I expect for under $700,000? A: This is the price point where good, protected ocean views become a key, attainable feature, not just a rare bonus. This is especially true in view-oriented towns like Oceanside and Cape Meares. In towns like Cannon Beach or Manzanita, a view at this price would more likely be a partial or "peek-a-boo" view.
Q: What is the vacation rental potential for a home under $700,000? A: The potential is excellent. A $700,000 budget allows you to purchase a property with the size, location, and amenities (like ocean views or an updated kitchen) that command premium nightly rates and high occupancy, especially if you secure a property in a high-demand area like Cannon Beach or Manzanita.
Q: Should I buy a move-in-ready home or a fixer-upper at this price? A: At this level, you can find a wide selection of beautiful, move-in-ready homes. A fixer-upper for $700,000 would be a rare and highly strategic investment—likely an older home on a prime, sought-after lot in Cannon Beach or Manzanita where a major renovation could result in one of the area's most exceptional properties.
