Skip main navigation
Accepting backup offers
  • Price increase: $6K (6/24)
    $498,950

    4850 SE 51st St, Lincoln City, OR 97367

    3beds
    1,680sqft
    : 
    $3,355/mo
    Get pre-qualified
    Single Family Residence
    Built in 1982
    10,018 Square Feet Lot
    $500,400 Zestimate®
    $297/sqft
    $-- HOA

    What's special

    Fantastic opportunity to live and work in one location! Situated in an up-and-coming area, this property offers a public park under construction across the street and beautiful Schooner Creek along the back with a 70 ft deck overlooking a serene playground for Eagles & Egrets along the Creek. Large windows frame the scenic views. The basement houses a 3 bay garage and shop, plus a 2-bay carport can support cars, SUV's, Boats or a Motorhome. GC (General Commercial) zoning can be used for creative enterprises blending in with the burgeoning art center, photography, glassblowing and food courts plus pier fishing and crabbing nearby. Endless possibilities await, including use a Vacation Rental.
    309 days
    |
    550
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Debra P Williams 503-544-1190,

    Taylor & Taylor Realty Company

    Source: OCMLS,MLS#: LC-104891MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Description: Large picture windows w/Creek View, Suite
      Bedroom 2
      • Description: Carpet
      Bedroom 3
      • Description: Carpet
      Bathroom
      • Description: On-Suite bath w/Bidet
      Bathroom
      • Description: Shower + utility room
      Bonus room
      • Description: Large shop in garage area
      Dining room
      • Description: Large w/siting area & door out to Deck over the Creek
      Kitchen
      • Description: Updated Butcher Block Counters
      Living room
      • Description: Large Picture windows, carpeted
      Heating
      • Forced Air, Natural Gas
      Appliances
      • Included: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater
      Features
      • Flooring: Carpet, Vinyl
      • Windows: Window Treatments
      • Basement: Daylight
      • Has fireplace: No
      Interior area
      • Total structure area: 1,680
      • Total interior livable area: 1,680 sqft
      • Finished area above ground: 1,680
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 5
      • Parking features: Attached Garage, RV Access/Parking
      • Garage spaces: 3
      • Carport spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck
      • Has view: Yes
      • View description: Creek/Stream
      • Has water view: Yes
      • Water view: Creek/Stream
      Lot
      • Size: 10,018 Square Feet
      • Features: Irregular Lot
      Details
      • Parcel number: 071127DD500000
      • Zoning description: GC - General Commercial

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Concrete, T1-11 Type
      • Foundation: Concrete Perimeter, Slab
      • Roof: Composition,Membrane
      Condition
      • New construction: No
      • Year built: 1982

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Water Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Lincoln City

      Financial & listing details

      • Price per square foot: $297/sqft
      • Tax assessed value: $872,610
      • Annual tax amount: $5,691
      • Date on market: 6/24/2026
      • Listing terms: Cash,Conventional,FHA
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $500,400

        $475,000 - $525,000

        $2,970/mo

        Price history

        DateEventPrice
        7/17/2026Contingent$498,950$297/sqft
        Source: OCMLS #LC-104891 Report a problem
        6/24/2026Listed for sale$498,950+1.2%$297/sqft
        Source: OCMLS #LC-104891 Report a problem
        6/11/2026Contingent$492,950$293/sqft
        Source: OCMLS #LC-104891 Report a problem
        6/2/2026Price change$492,950-7%$293/sqft
        Source: OCMLS #LC-104891 Report a problem
        5/2/2026Price change$529,900-5.8%$315/sqft
        Source: OCMLS #LC-104891 Report a problem
        3/29/2026Price change$562,500-4.6%$335/sqft
        Source: OCMLS #LC-104891 Report a problem
        1/17/2026Price change$589,900-3.7%$351/sqft
        Source: OCMLS #LC-104891 Report a problem
        9/27/2025Price change$612,500-1.1%$365/sqft
        Source: OCMLS #25-2129 Report a problem
        9/20/2025Listed for sale$619,500-1.7%$369/sqft
        Source: OCMLS #25-2129 Report a problem
        8/16/2025Listing removed$629,900$375/sqft
        Source: OCMLS #24-2164 Report a problem
        6/6/2025Price change$629,900-0.5%$375/sqft
        Source: OCMLS #24-2164 Report a problem
        3/7/2025Price change$632,900-2%$377/sqft
        Source: OCMLS #24-2164 Report a problem
        12/28/2024Price change$645,900-2.1%$384/sqft
        Source: OCMLS #24-2164 Report a problem
        11/15/2024Price change$659,900-4.3%$393/sqft
        Source: OCMLS #24-2164 Report a problem
        11/8/2024Price change$689,900-1.3%$411/sqft
        Source: OCMLS #24-2164 Report a problem
        9/30/2024Price change$699,000+4.3%$416/sqft
        Source: OCMLS #24-2164 Report a problem
        7/16/2024Listed for sale$670,000$399/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,520 +2.8%$333,810 +3%
        2023$5,368 +2.9%$324,090 +3%
        2022$5,219 +1.8%$314,660 +3%
        2021$5,125 +5.5%$305,500 +3%
        2020$4,857 $296,610 +3%
        2019-- $287,980 +3%
        2018$4,728 $279,600 +3%
        2017$4,728 +11.4%$271,460 +3%
        2016$4,244 $263,560 +3%
        2015$4,244 +5%$255,890 +3%
        2014$4,044 $248,440 +3%
        2013$4,044 +4.3%$241,210 +3%
        2012$3,876 +4.1%$234,190 +3%
        2011$3,722 +4.1%$227,370
        2010$3,576 +3.1%$227,370 +6.1%
        2009$3,467 +2.7%$214,330
        2008$3,377 +2.3%$214,330 +6.1%
        2007$3,302 $202,030
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 97367

        Getting around

        53 / 100
        Somewhat Walkable
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes