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$325,000

1 Beds 1 Baths 691 SQFT 0.00 Acres
Type: Single Family

5201 SW Highway 101
Lincoln City, OR 97367

MLS#: 261882
Jenn Tenderella
Jenn Tenderella
Premiere Property Group
Broker
Phone: 541.270.5190
Office: 541.264.7220
Presented by: Coldwell Banker Professional Group - Lincoln City

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!


 

Interior Features

Bedrooms

Total Bedrooms1

Bathrooms

Total Baths1

Other Interior Features

Above Grade Finished Area691 sqft
Air Conditioning Y/NNo
Basement (Y/N)No
Below Grade Finished Area0 sqft
Fireplace FeaturesGas
Fireplace Y/NYes
FlooringCarpet, Tile, Vinyl
Furnished Y/NFurnished
Heating Y/NYes
Window FeaturesDrapes

General

Additional Parcels Y/NNo
AppliancesDishwasher, Electric Oven, Electric Range, Water Heater, Refrigerator
Architectural StyleOther
Assoc Fee Paid PerMonthly
Association Fee IncludesCable TV, Electricity, Gas, Insurance, Internet, Maintenance Grounds, Property Taxes for Common Areas, Sewer, Trash, Utilities, Water
Attached Garage No
Carport Y/NNo
CityLincoln City
Community FeaturesSidewalks
CoolingNone
CountyLincoln
DirectionsLocated at SW corner of Hwy 101 and SW 51st Street. Unit is in middle of east building. Take either elevator or stairs.
Garage Y/NNo
HOAYes
HOA Fee$493.0
HeatingElectric, Natural Gas
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
PossessionClose Of Escrow
Property SubtypeCondominium
Property TypeResidential
Rent Control Y/NNo
RoofComposition
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision NameWaters Edge Condo
Tax Annual Amount$3,285
Tax Year2025
Total Rooms5
Unit204
Unit Number204
UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewOcean, Bay
Year Built1999
ZoningTVC - Taft Village Core

Exterior

Building Area Total691 sqft
Crops Included Y/NNo
Foundation DetailsConcrete Perimeter
Horse Y/NNo
Parking FeaturesPaved
Road Frontage TypeHighway
Road Surface TypePaved
SpaNo
Water SourcePublic

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$325,000

1 Beds 1 Baths 691 SQFT 0.00 Acres
Type: Single Family

5201 SW Highway 101
Lincoln City, OR 97367

MLS#: 261882
Jenn Tenderella
Jenn Tenderella
Premiere Property Group
Broker
Phone: 541.270.5190
Office: 541.264.7220