OPEN HOUSE Sat, Oct 03 2026 11:00 AM - 01:00 PM
OPEN HOUSE Sun, Oct 04 2026 11:00 AM - 01:00 PM
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OPEN HOUSE Sat, Oct 03 2026 11:00 AM - 01:00 PM
OPEN HOUSE Sun, Oct 04 2026 11:00 AM - 01:00 PM

$325,000

1 Beds 1 Baths 691 SQFT 0.00 Acres
Type: Condos

5201 SW HIGHWAY 101 # 204
Lincoln City, OR 97367

MLS#: 648923357
Scott Foster
Scott Foster
Premiere Property Group
Broker
Phone: 503.860.9318
Office: 503.670.9000
Presented by: Coldwell Banker Professional -

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

1/2 Baths0
Total Bathrooms1.0
Total Baths1

Other Interior Features

FuelDescriptionElectricity, Gas
Fireplace FeaturesGas
Hot WaterElectricity
Interior AmenitiesElevator, Furnished, HookupAvailable, TileFloor, VinylFloor, WalltoWallCarpet
Total Fireplaces1
Total Stories4
Unit LocationUpperFloor

General

ADUNo
Accessory Dwelling Unit Y/NN
AppliancesDishwasher, FreeStandingRange, FreeStandingRefrigerator
Architectural StyleCommonWall
Assoc Fee Paid PerMonthly
Association AmenitiesCableTV, Electricity, Gas, Insurance, Internet, MaintenanceGrounds, Sewer, Taxes, Trash, Utilities, Water
CityLincolnCity
CoolingNone
CountyLincoln
DirectionsLocated at SW corner of Hwy 101 and SW 51st Street. Unit is in middle of east building.
DisclosuresDisclosure
Elementary SchoolOceanlake
Full Baths1
Garage Spaces0
HOAYes
HOA Fee$493.0
HeatingWallHeater
High SchoolTaft
Legal DescriptionPROPERTY ID R513619 WATERS EDGE CONDO, LOT UNIT A4-2, DOC20121077
Listing TermsCash, Conventional, FHA, VALoan
MLS Area_200
Middle/Junior High SchoolTaft
Parcel Number0
Property ConditionResale
Property SubtypeCondominium
Property TypeResidential
RoofComposition
SeniorCommunityYnNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameWaters Edge Condo
Tax Annual Amount$3,285
Tax Year2025
Unit Number204
ViewDescriptionBay, Ocean
Waterfront FeaturesBayFront, OceanFront
Year Built1999
ZoningTVC

Exterior

Building Area Total691 sqft
Exterior AmenitiesDeck
Exterior DescriptionCementSiding
Foundation DetailsConcretePerimeter
Lot FeaturesCommons
Road Surface TypePaved
Total Parking0
Water SourcePublicWater

Additional Details

Price History

Schools 

Elementary School Oceanlake Elementary School
Middle School Taft Middle School
High School Taft High School

  

Similar Properties

$325,000

1 Beds 1 Baths 691 SQFT 0.00 Acres
Type: Condos

5201 SW HIGHWAY 101 # 204
Lincoln City, OR 97367

MLS#: 648923357
Scott Foster
Scott Foster
Premiere Property Group
Broker
Phone: 503.860.9318
Office: 503.670.9000