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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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5201 SW Highway 101 Unit 204 , Lincoln City, OR 97367
$349,900
Est. Payment: $1,759.36/mo
1 Bed
1 Bath
691 Sqft
Status: active | Days on site: 5
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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!

Highlights

Listed by Hannah Katz , 541-418-3101 Coldwell Banker Professional , 503-538-0468. Portland Regional Multiple Listing Service mls logo

Property Type

Condo/Townhome

HOA Fee

493 Monthly

Year Built

1999

County

Lincoln

Area

200 - Lincoln County

Neighborhood

Waters Edge Condo

Listing ID

648923357

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Free-Standing Range, Free-Standing Refrigerator
Other:Elevator,Furnished,Hookup Available,Tile Floor,Vinyl Floor,Wall to Wall Carpet,Master on Main
Other:Public Water

Exterior Features

Lot:Commons,Bay Front,Ocean Front
Garage Capacity:0
Zoning:TVC
Roof:Composition
Others:Deck,Resale
Sewer:Public Sewer
Principal Interest
$1,759
Taxes
$274
HOA
$493

Home Price

$349,900

Loan Details

30 yrs
6.446%

Down Payment

20%
$69,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,759.36

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,759.36 $273.72 $493.00 $2,526.08
Yearly $21,112.27 $3,284.68 $5,916.00 $30,312.95
Total $633,368.05 $98,540.40 $177,480.00 $909,388.45

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Lincoln City, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-07-24T01:19:15.000Z

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