Price Reduction - Water Views - Golf Course
Address
5201 Sw Highway 101, Lincoln City, OR
Price
$ 325,000
Property Attributes
- MLS#261882
- TypeSingle Family
- Listing Status Active
- CountyLINCOLN
- CityLincoln City
- NeighborhoodWaters Edge Condo
- Zip97367
- Style
- Year Built1999
- Taxes$ 3284
- Price$ 325,000
- Bedrooms1
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage691
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property Description
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!
| Price History | |
|---|---|
| 7/8/2026 | Listed $349,900 |
| 8/28/2026 | 8$325,000 |
General Features
| Heating | Electric,Natural Gas |
|---|---|
| Cooling | None |
| Utilities | Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected |
| Possession | Close Of Escrow |
| Roof | Composition |
| Appliances | Dishwasher,Electric Oven,Electric Range,Water Heater,Refrigerator |
| Zoning | TVC - Taft Village Core |
| HOA Fee | 493.0 |
| Association Fee Includes | Cable TV,Electricity,Gas,Insurance,Internet,Maintenance Grounds,Property Taxes for Common Areas,Sewer,Trash,Utilities,Water |
| Architectural Style | Other |
| Security Features | Carbon Monoxide Detector(s),Smoke Detector(s) |
| Year Built | 1999 |
| View | Ocean,Bay |
| Unit Number | 204 |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Community Features | Sidewalks |
| Assoc Fee Paid Per | Monthly |
| County | Lincoln |
| Property Type | Residential |
| HOA | Yes |
| Attached Garage | No |
| Subdivision Name | Waters Edge Condo |
| Garage Y/N | No |
| Total Rooms | 5 |
| Status | Active |
| Directions | Located at SW corner of Hwy 101 and SW 51st Street. Unit is in middle of east building. Take either elevator or stairs. |
| City | Lincoln City |
| Senior Community Y/N | No |
| Carport Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 3284.68 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Unit | 204 |
Interior Features
| Flooring | Carpet,Tile,Vinyl |
|---|---|
| Furnished Y/N | Furnished |
| Fireplace Features | Gas |
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Window Features | Drapes |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 691.0 |
| Total Bedrooms | 1 |
| Below Grade Finished Area | 0.0 |
| Total Baths | 1 |
Exterior Features
| Parking Features | Paved |
|---|---|
| Water Source | Public |
| Foundation Details | Concrete Perimeter |
| Spa | No |
| Building Area Total | 691.0 |
| Road Surface Type | Paved |
| Road Frontage Type | Highway |
| Crops Included Y/N | No |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 97367
Price
Taxes
Year Built
Visits
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
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