5201 SW HIGHWAY 101 Unit #204, Lincoln City, OR 97367

$349,900
1
BD
1
BA
691
SqFt

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List Price
$349,900
Days on Market
9
Status
ACTIVE
MLS#
648923357
Bedrooms
1
Bathrooms
1
Living Area
691
Region
Lincoln County

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!

Additional Information

Tax Amount
$3,284
Year Built
1999
High School
Taft
Elementary School
Oceanlake
Middle School
Taft
Fireplaces Total
1
Garage Type
Undeeded
Hoa Fee
$493
Hoa Payment Freq
Monthly
Living Area
691
Stories
1
Subdivision
Waters Edge Condo
Property Type
Condominium
Terms
Cash, Conventional, FHA, VA Loan
Master Bedroom Level
Main
Cooling Description
None
Fireplace Description
Gas
Fuel Description
Electricity, Gas
Heating Description
Wall Heater
Hot Water Description
Electricity
Exterior Description
Cement Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
Common Wall
Waterfront Description
Bay Front, Ocean Front
View
Bay, Ocean
Waterfront
Yes
Covenants/Restrictions
Yes
Road Surface
Paved

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Professional.

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