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ActivePrice cut: $50K (8/28)
$1,450,000
5beds
3,992sqft

380 Fall Creek Dr, Oceanside, OR 97134

5beds
3,992sqft
Single family residence
Built in 2002
0.57 Acres
3 Garage spaces
$363 price/sqft
$215/mo HOA

What's special

Set within the gated oceanfront community of The Capes, this exceptional one-owner residence captures sweeping views of the Pacific Ocean, Cape Lookout, and the Oregon coastline from nearly every room. Positioned on a .57-acre homesite with community open space directly in front, the property enjoys a protected view corridor with no future homes to obstruct the views. Meticulously maintained by its original owner, the home reflects decades of pride of ownership and careful stewardship. Exceptional craftsmanship and thoughtful upgrades are evident throughout, including cedar shingle siding with a refined 4-inch reveal, stainless steel and copper flashing and hardware, copper gutters, and extensive custom built-in cabinetry. The main level features an open living and dining area oriented toward the views, a custom kitchen with island, sunroom, den, bedroom, and full bath. Upstairs, the spacious primary suite includes a private sitting room with pellet stove, while two additional bedrooms, a large bonus room with wet bar, and full bath provide ample space for family and guests. Outdoor living centers around a generous two-tier oceanview deck with covered barbecue area, beautifully landscaped grounds, fenced backyard, abundant covered storage, and a large three-car garage. The heated and cooled basement offers a dream workshop, extensive storage, and exceptional flexibility for hobbies, projects, or additional workspace. Additional highlights include newer double water heaters, furnace, and heat pump. Residents of The Capes enjoy gated entry, on-site management, tennis courts, and private trails leading through forested hillsides to the sandy beach below. Located just minutes from Oceanside and Netarts Bay, this is a rare opportunity to own a meticulously maintained home in one of the Oregon Coast's most sought-after private communities.

76 days
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875
|
36
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Source: OCMLS,MLS#: 26-1702MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Dustin M Trost 503-801-2326,

Rob Trost Real Estate, LLC,

Coley Trost 503-812-0791,

Rob Trost Real Estate, LLC

Source: OCMLS,MLS#: 26-1702MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
Heating
  • Central, Electric, Forced Air, Heat Pump
Cooling
  • Electric, Heat Pump
Appliances
  • Included: Dryer, Disposal, Dishwasher, Gas Range, Microwave, Refrigerator, Range Hood, Washer, Water Heater
Features
  • Kitchen Island, Storage, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Windows: Double Pane Windows, Vinyl Frames
  • Basement: Partially Finished
  • Number of fireplaces: 2
  • Fireplace features: Propane, Pellet Stove
Interior area
  • Total structure area: 3,992
  • Total interior livable area: 3,992 sqft
  • Finished area above ground: 3,992
  • Finished area below ground: 621
Video & virtual tour

Property

Parking
  • Total spaces: 3
  • Parking features: Attached Garage, Driveway, Garage Door Opener, Paved
  • Garage spaces: 3
Features
  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck, Covered Porch
  • Exterior features: Private Yard, Storage, Courtyard
  • Fencing: Partial
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean
Lot
  • Size: 0.57 Acres
  • Features: Landscaped, Level, Sprinklers In Front
Details
  • Parcel number: 1600
  • Zoning description: RR-2 Rural 2 acre
  • Special conditions: Standard

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Craftsman
  • Property subtype: Single Family Residence
Materials
  • Cedar, Shingle Siding
  • Foundation: Concrete Perimeter
  • Roof: Composition,Shingle
Condition
  • New construction: No
  • Year built: 2002

Utilities & green energy

  • Sewer: Public Sewer
  • Water: Public
  • Utilities for property: Cable Connected, Propane, Sewer Connected, Water Connected, Phone Connected

Community & HOA

Community
  • Subdivision: Capes The Phz 4
HOA
  • Has HOA: Yes
  • Amenities included: Tennis Court(s), Trail(s), Meeting Room, Beach Access
  • Services included: Trash
  • HOA fee: $215 monthly
  • HOA name: The Capes
Location
  • Region: Oceanside

Financial & listing details

  • Price per square foot: $363/sqft
  • Tax assessed value: $1,588,710
  • Annual tax amount: $12,820
  • Date on market: 6/19/2026
  • Listing terms: Cash,Conventional
  • Road surface type: Paved

Price history

DateEventPrice
8/28/2026Price change$1,450,000-3.3%$363/sqft
Source: OCMLS #26-1702 Report a problem
6/19/2026Listed for sale$1,500,000$376/sqft
Source: OCMLS #26-1702 Report a problem

Public tax history

YearProperty taxesTax assessment
2025$12,821 +4.6%$1,002,990 +3%
2024$12,252 +0.4%$973,780 +3%
2023$12,205 +2.9%$945,420 +3%
2022$11,862 +2.3%$917,890 +3%
2021$11,591 +2.4%$891,160 +3%
2020$11,314 +1.4%$865,210 +3%
2019$11,154 +5.4%$840,010 +3%
2018$10,587 $815,550 +3%
2017$10,587 +3.4%$791,800 +3%
2016$10,243 $768,740 +3%
2015$10,243 +3.5%$746,350 +3%
2014$9,894 +1.2%$724,620 +3%
2013$9,773 +14.6%$703,520 +3%
2012$8,528 +1.8%$683,030 +3%
2011$8,376 +6.5%$663,140 +3%
2010$7,862 +0.6%$643,830 +3%
2009$7,818 +5.1%$625,080 +3%
2008$7,437 +2.2%$606,880 +3%
2007$7,278 +6.4%$589,210 +3%
2006$6,839 +7.9%$572,050 +3%
2005$6,339 +1.4%$555,390 +3%
2004$6,253 $539,220 +3%
2003-- $523,520

Find assessor info on the county website

Monthly payment

Est. payment
$8,418/mo
Principal & interest
$7478
Property taxes
$725
HOA Fees
$215
More affordability toolsChevron Right

Estimated market value

$1,400,400

$1.33M - $1.47M

$4,519/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 97134

Nearby schools

Liberty Elementary School
Grades K-15.5 miles
N/A
GreatSchools® Rating
Tillamook Junior High School
Grades 7-86.8 miles
6/10
GreatSchools® Rating
Test Score Rating
6/10
Student Progress Rating
9/10
Tillamook High School
Grades 9-126 miles
6/10
GreatSchools® Rating
Test Score Rating
8/10
College Readiness Rating
5/10