Known as the Blue Pearl this 1945 quintessential coastal cottage perched on basalt rock looking out over the pacific ocean is looking for new owners. Located just south of the seaside village of Yachats this property offers privacy and proximity to all the cool amenities Yachats has to offer. Where the forest meets the sea is truly captured in this one of a kind property. The ocean to the west and the forested Amanda Trail is on the east side, leading up to Cape Perpetua . There is a trail that leads down from the cottage to the basalt rocks where you can view up close amazing scenes of crashing waves and ocean wildlife. I said "new owners" but I feel one is just a fortunate caretaker of the cottage. Seller holds an active Real Estate License in OR. 2025 12x12 deck off south side of home. Marmoleum flooring to and floor. New ductless heat pump installed. New landscaping. Driveway regraded and rocked. 10 yr old shake roof and shake siding. Main floor bathroom with walk in shower/vanity/washer/dryer added. Main floor new vinyl flooring installed. Kitchen remodel with new appliances/countertops/cabinets. New membrane roof on "garage". Snd floor roof rafters spray foamed for insulation and covered with shiplap wood siding. plumbing replaced with pex lines. Electric panel upgraded with sub panel in pool house/hot tub.
Closed
$970,000
815 Highway 101 S, Yachats, OR 97498
2beds
1,300sqft
Single Family Residence
Built in 1945
0.95 Acres Lot
$952,600 Zestimate®
$746/sqft
$2,077 Estimated rent
Home value
$952,600
$810,000 - $1.12M
$2,077/mo
Zestimate® history
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List your homeWhat's special
Marmoleum flooringNew landscapingOcean to the west
Zillow last checked:
Listing updated:
Listed by:
Michelle T. Putman 541-961-8768,
Edgewater Realty
Bought with:
Michelle T. Putman, 960500185
Edgewater Realty
Source: OCMLS,MLS#: 26-48
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- 3/4 bathrooms: 2
Heating
- Heat Pump, Space Heater
Cooling
- Heat Pump
Appliances
- Included: Convection Oven, Exhaust Fan, Electric Oven, Microwave, Refrigerator, Washer/Dryer Stacked, Water Heater, Propane Range
- Laundry: Main Level, Other
Features
- Bidet, Hand-held Shower Head, Spa/Hot Tub
- Flooring: Other, Vinyl
- Windows: Insulated Windows, Drapes
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,300
- Total interior livable area: 1,300 sqft
- Finished area above ground: 1,320
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Gravel
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Covered Patio, Deck, Covered Deck
- Exterior features: Garden, Private Yard, Storage, Spa/Hot Tub
- Fencing: None
- Has view: Yes
- View description: Panoramic
- Has water view: Yes
Lot
- Size: 0.95 Acres
- Features: Cleared, Landscaped
Details
- Additional structures: Greenhouse, Pool House
- Parcel number: R247160
- Zoning description: RR1-2 Rural Residential
- Special conditions: Standard
- Other equipment: Air Purifier
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Shake Siding, T1-11 Type
- Foundation: Combination, Stone
- Roof: Shake
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Propane, Sewer Not Available, Water Connected, Phone Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Yachats
Financial & listing details
- Price per square foot: $746/sqft
- Tax assessed value: $971,870
- Annual tax amount: $8,979
- Date on market: 1/11/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Sold | $970,000-19.2%$746/sqft |
Source:  OCMLS #26-48 Report a problem | ||
| 1/24/2026 | Pending sale | $1,200,000$923/sqft |
Source: OCMLS #26-48 Report a problem | ||
| 1/11/2026 | Listed for sale | $1,200,000+140%$923/sqft |
Source: OCMLS #26-48 Report a problem | ||
| 4/1/2015 | Sold | $500,000+127.3%$385/sqft |
Source: OCMLS #LC-72933 Report a problem | ||
| 8/22/2013 | Sold | $220,000$169/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,710 +1.6% | $650,980 +3% |
| 2024 | $8,577 +3.4% | $632,020 +3% |
| 2023 | $8,295 +15.1% | $613,620 +6.8% |
| 2022 | $7,207 -1.2% | $574,600 +3% |
| 2021 | $7,292 +4.9% | $557,870 +3% |
| 2020 | $6,949 | $541,630 +16.5% |
| 2019 | -- | $464,820 +3% |
| 2018 | $6,001 | $451,290 +3% |
| 2017 | $6,001 +6.5% | $438,150 -2.5% |
| 2016 | $5,637 | $449,590 +3% |
| 2015 | $5,637 +13.7% | $436,500 +3% |
| 2014 | $4,956 | $423,790 +3% |
| 2013 | $4,956 +6.2% | $411,450 +3% |
| 2012 | $4,666 +2.9% | $399,470 +3% |
| 2011 | $4,534 +3% | $387,840 |
| 2010 | $4,403 +3.3% | $387,840 +6.1% |
| 2009 | $4,264 +2.6% | $365,590 |
| 2008 | $4,156 +8.5% | $365,590 +6.1% |
| 2007 | $3,829 | $344,620 |
Find assessor info on the county website
Neighborhood: 97498
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Nearby schools
GreatSchools rating
- 7/10Crestview Heights SchoolGrades: K-6Distance: 7.8 mi
- 2/10Waldport Middle SchoolGrades: 7-8Distance: 7.8 mi
- 5/10Waldport High SchoolGrades: 9-12Distance: 7.8 mi
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- Oregon
- Lincoln County
- Yachats
- 97498
- 815 Highway 101 S
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