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  • Price cut: $5K (7/5)
    $374,400

    5201 SW Highway 101 #212, Lincoln City, OR 97367

    1beds
    684sqft
    : 
    $3,038/mo
    Get pre-qualified
    Condominium
    Built in 1999
    -- sqft lot
    $364,000 Zestimate®
    $547/sqft
    $470/mo HOA

    What's special

    Bayfront unit
    Welcome to Waters Edge, one of the best condo complexes on the Oregon Coast!! This 2nd floor 1 Bedroom/1 Bathroom Bayfront unit with wonderful Siletz Bay & Ocean views is an active vacation rental and comes Fully Furnished/Turnkey! Dreaming about a place with easy access to the Bay & the Beach without the maintenance to worry about? Whether you're looking for a beach getaway or keeping it as a current vacation rental, this is the place for you! The icing on the cake are the affordable HOA dues which cover all utilities including TV & Internet! The complex also features an ELEVATOR for easy access to the other 3 levels! Located in Historic Taft District with Mo's, Pelican Brewery, Pines Dine food carts, grocery, shopping & bars all within blocks and Salishan Resort & Golf just minutes away!! Don't hesitate for your chance at this perfect beach place!
    312 days
    |
    252
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Lee Maddy 503-930-5678,

    Coldwell Banker Professional Group - Lincoln City

    Source: OCMLS,MLS#: LC-104835MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Electric, Wall Furnace
      Appliances
      • Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Water Heater
      Features
      • Flooring: Carpet, Tile
      • Windows: Window Treatments
      • Has basement: No
      • Has fireplace: Yes
      • Fireplace features: Gas, Insert
      • Furnished: Yes
      Interior area
      • Total structure area: 684
      • Total interior livable area: 684 sqft
      • Finished area above ground: 684
      • Finished area below ground: 0

      Property

      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Exterior features: Entry Flat
      • Has view: Yes
      • View description: Bay, Ocean
      • Has water view: Yes
      • Water view: Bay,Ocean
      Details
      • Additional structures: None
      • Parcel number: 071134AA9003800
      • Zoning description: TVC - Taft Village Core

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Other
      • Property subtype: Condominium
      Materials
      • Concrete
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1999

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Waters Edge Condo
      HOA
      • Has HOA: Yes
      • Services included: Cable TV, Electricity, Gas, Insurance, Internet, Maintenance Grounds, Security, Sewer, Trash, Water, Property Taxes for Common Areas, Utilities
      • HOA fee: $470 monthly
      • HOA phone: 303-842-2982
      Location
      • Region: Lincoln City

      Financial & listing details

      • Price per square foot: $547/sqft
      • Tax assessed value: $385,400
      • Annual tax amount: $3,311
      • Date on market: 4/2/2026
      • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan,Submit
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $364,000

        $346,000 - $382,000

        $1,914/mo

        Price history

        DateEventPrice
        7/5/2026Price change$374,400-1.3%$547/sqft
        Source: OCMLS #LC-104835 Report a problem
        2/15/2026Price change$379,400-0.1%$555/sqft
        Source: OCMLS #LC-104835 Report a problem
        9/19/2025Listed for sale$379,900+129%$555/sqft
        Source: OCMLS #25-2133 Report a problem
        6/30/2005Sold$165,900$243/sqft
        Source: OCMLS #03-3446 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,262 +1.6%$200,040 +3%
        2024$3,212 +2.8%$194,220 +3%
        2023$3,123 +2.9%$188,570 +3%
        2022$3,036 +1.8%$183,080 +3%
        2021$2,982 +5.5%$177,750 +3%
        2020$2,826 $172,580 +3%
        2019-- $167,560 +6.3%
        2018$2,629 $157,620 +7.8%
        2017$2,629 +16.6%$146,260 +3%
        2016$2,254 $142,000 +10.9%
        2015$2,254 $128,000
        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

        58 / 100
        Somewhat Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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