Active

$359,900

5201 SW Highway 101 #403, Lincoln City, OR 97367

1beds

667sqft

$3,010/mo

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Condominium

Built in 1999

-- sqft lot

$355,800 Zestimate^®

$540/sqft

$493/mo HOA

What's special

Casual coastal charm

A successful 4th-floor vacation rental is now available! Casual coastal charm is elevated by phenomenal views of Siletz Bay, the Four Brothers rock formations, and regular flights from resident bald eagles. Offered fully furnished for immediate enjoyment, this unit is ready for your next coastal escape. Short-term rental use may also be possible upon application and approval, with zoning allowing the use outright. Relatively easy to show—simply verify occupancy before scheduling. Buyer to verify permitting requirements.

8 days
208
8

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 1

Heating

Wall Furnace

Cooling

None

Appliances

Included: Disposal, Electric Range, Microwave, Range Hood, Water Heater
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Dual Closets
Flooring: Carpet, Tile, Vinyl
Windows: Double Pane Windows, Insulated Windows, Window Treatments, Vinyl Frames
Has basement: No
Number of fireplaces: 1
Fireplace features: Gas
Furnished: Yes

Interior area

Total structure area: 667
Total interior livable area: 667 sqft
Finished area above ground: 667
Finished area below ground: 0

Property

Parking

Total spaces: 60
Parking features: Open, Shared Driveway
Uncovered spaces: 60

Features

Levels: One
Stories: 1
Patio & porch: Deck
Fencing: None
Has view: Yes
View description: Other, Bridge(s), Forest, Bay
Has water view: Yes
Water view: Bay

Lot

Features: Landscaped

Details

Additional structures: None
Parcel number: 071134AA9002000
Zoning description: TVC - Taft Village Core
Special conditions: Standard

Construction

Type & style

Home type: Condo
Architectural style: Other
Property subtype: Condominium

Materials

Concrete, Fiber Cement
Foundation: Concrete Perimeter
Roof: Composition

Condition

New construction: No
Year built: 1999

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Underground Utilities, Water Connected, Phone Available

Community & HOA

Community

Features: Curbs, Sidewalks
Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Sprinkler System, Smoke Detector(s)
Subdivision: Waters Edge Condo

HOA

Has HOA: Yes
Amenities included: Beach Access
Services included: Cable TV, Electricity, Gas, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water, Property Taxes for Common Areas
HOA fee: $493 monthly
HOA name: Water's Edge Condominiums
HOA phone: 971-400-8217

Location

Region: Lincoln City

Financial & listing details

Price per square foot: $540/sqft
Tax assessed value: $391,100
Annual tax amount: $3,307
Date on market: 8/27/2026
Listing terms: Cash,Conventional,Submit
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

$355,800

$338,000 - $374,000

$1,663/mo

Price history

Date	Event	Price
8/27/2026	Listed for sale	$359,900+60%$540/sqft
Source: OCMLS #26-2345 Report a problem
7/11/2020	Listing removed	$225,000$337/sqft
Source: JKI Realty #19444412 Report a problem
12/31/2019	Price change	$225,000-5.9%$337/sqft
Source: JKI Realty #19-1980 Report a problem
7/27/2019	Listed for sale	$239,000+139%$358/sqft
Source: JKI Realty #19-1980 Report a problem
6/29/2011	Sold	$100,000$150/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,209 +1.6%	$196,760 +3%
2024	$3,159 +2.8%	$191,030 +3%
2023	$3,072 +2.9%	$185,470 +3%
2022	$2,986 +1.8%	$180,070 +3%
2021	$2,933 +5.5%	$174,830 +3%
2020	$2,779	$169,740 +3%
2019	--	$164,800 +4.6%
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