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  • $371,900

    523 NW Highway 101, Lincoln City, OR 97367

    2beds
    2baths
    889sqft
    Single Family Residence
    Built in 1925
    3,484 Square Feet Lot
    $388,300 Zestimate®
    $418/sqft
    $2,108 Estimated rent

    Home value

    $388,300

    $369,000 - $408,000

    $2,108/mo

    Zestimate® history
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    What's special

    Discover unparalleled panoramic views of the Pacific Ocean from this stunning beach cottage in Lincoln City. Boasting 5 decks, including 4 with ocean vistas and 1 with mountain views, this home is a rare gem. Perfectly blending modern amenities with old-world charm, it features a commercial zoning allowing for vacation rentals (verify with City). Nestled atop a hill, this oasis offers tranquility away from the hustle and bustle, yet provides easy access to Lincoln City's vibrant activities. Imagine relaxing in your private 'crows nest deck' with evening BBQs or morning coffees, all on durable Trex material decks. Inside, enjoy ocean views from the living room and kitchen, while the primary bedroom includes an ensuite bath and custom-designed guest bath features a beautiful shower nook. The detached second bedroom offers privacy with its own entrance. Additional highlights include a modern helical pier reinforced foundation and a gas-converted 1925 fireplace. Outside, colorful kites dance over the surf visible from the yard and patio. Conveniently located near beach accesses and local parks, this home invites you to experience coastal living at its finest. Whether you're admiring sunsets over the ocean or sunrise over the forest, every moment here is imbued with natural beauty and serenity. Don't miss this opportunity to own a piece of Lincoln City's exclusive hilltop neighborhood, cherished by locals for its unparalleled views and tranquil setting. Come and see for yourself why this beach cottage is truly exceptional.

    Zillow last checked:

    Listing updated:

    Listed by:

    Hannah Katz 541-418-3101,

    Coldwell Banker Professional Group - Lincoln City

    Bought with:

    Michelle Barnes, 201213169

    The Real Estate Box

    Source: OCMLS,MLS#: LC-101533MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Appliances
    • Included: Dryer, Dishwasher, Gas Oven, Gas Range, Refrigerator, Washer, Water Heater
    Features
    • Beamed Ceilings
    • Flooring: Carpet, Tile, Vinyl, Wood
    • Windows: Window Treatments
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Gas
    Interior area
    • Total structure area: 889
    • Total interior livable area: 889 sqft

    Property

    Features
    • Levels: Multi/Split
    Lot
    • Size: 3,484 Square Feet
    • Features: Irregular Lot
    Details
    • Additional structures: Shed(s)
    • Parcel number: 071115AB1470200
    • Zoning description: GC - General Commercial

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Shake Siding, Cedar, Shingle Siding
    • Foundation: Permanent
    • Roof: Composition
    Condition
    • Year built: 1925

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Security System
    • Subdivision: Delake
    HOA
    • Has HOA: No
    Location
    • Region: Lincoln City

    Financial & listing details

    • Price per square foot: $418/sqft
    • Tax assessed value: $343,040
    • Annual tax amount: $1,991
    • Date on market: 7/1/2024
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/30/2024Sold$371,900-0.8%$418/sqft
    Source: OCMLS #LC-101533 Report a problem
    7/10/2024Contingent$374,900$422/sqft
    Source: OCMLS #24-1460 Report a problem
    7/10/2024Pending sale$374,900$422/sqft
    Source: RMLS (OR) #24309022 Report a problem
    7/1/2024Listed for sale$374,900-14.6%$422/sqft
    Source: OCMLS #24-1460 Report a problem
    5/30/2024Listing removed--
    Source: OCMLS #24-409 Report a problem
    5/1/2024Price change$439,000-10.2%$494/sqft
    Source: OCMLS #24-409 Report a problem
    3/7/2024Listed for sale$489,000-1.2%$550/sqft
    Source: OCMLS #24-409 Report a problem
    2/10/2024Listing removed--
    Source: OCMLS #23-1432 Report a problem
    8/14/2023Price change$495,000-5.7%$557/sqft
    Source: OCMLS #23-1432 Report a problem
    8/7/2023Price change$525,000-7.1%$591/sqft
    Source: OCMLS #23-1432 Report a problem
    7/20/2023Listed for sale$565,000+309.4%$636/sqft
    Source: OCMLS #23-1432 Report a problem
    8/16/2013Sold$138,000-4.8%$155/sqft
    Source: OCMLS #LC-69367 Report a problem
    6/18/2013Listed for sale$145,000$163/sqft
    Source: John L Scott Lincoln City #13-1740 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,986 +2.8%$120,090 +3%
    2023$1,931 +2.9%$116,600 +3%
    2022$1,878 +1.8%$113,210 +3%
    2021$1,844 +5.5%$109,920 +3%
    2020$1,748 $106,720 +3%
    2019-- $103,620 +3%
    2018$1,701 $100,610 +3%
    2017$1,701 +11.4%$97,680 +3%
    2016$1,527 $94,840 +3%
    2015$1,527 +4.9%$92,080 +3%
    2014$1,455 $89,400 +3%
    2013$1,455 +4.3%$86,800 +3%
    2012$1,395 +4.1%$84,280 +3%
    2011$1,340 +4.1%$81,830
    2010$1,287 +3.1%$81,830 +6.1%
    2009$1,248 +2.6%$77,140
    2008$1,216 +2.3%$77,140 +6.1%
    2007$1,189 $72,720
    Find assessor info on the county website

    Neighborhood: 97367

    Nearby schools

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