Active

Price cut: $26K (6/12)

$399,000

920 SW 48th St, Lincoln City, OR 97367

2beds

880sqft

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Residential, Condominium

Built in 2023

-- sqft lot

$-- Zestimate^®

$453/sqft

$414/mo HOA

What's special

Gas fireplaceClean modern designPanoramic siletz bay viewsNewly built top-floor condoVaulted ceilingsAttached garageBright open layout

Zoned for immediate Short Term Rental License, allowing you to offset the cost to purchase while experiencing the best of Lincoln City! This newly built, top-floor condo featuring panoramic Siletz Bay views and a clean, modern design awaits you. Just two blocks from the beach in the heart of the vibrant Taft District, you're steps away from shopping, dining, coffee, and waterfront activities. Currently operating as a successful short-term rental, this turnkey Condo offers immediate income potential! The sale includes all furnishings, décor, and essentials, allowing the next owner to seamlessly continue operations or enjoy it as a private retreat. Inside, discover a bright open layout with vaulted ceilings, gas fireplace, and a private deck perfect for coastal sunsets. The condo layout adds privacy and ease, attached garage, low-maintenance design, and professional HOA management. SHORT TERM RENTAL PERMITTED!

138 days

325

22

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2

Rooms

Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom

Heating

Wall Furnace

Cooling

None

Appliances

Included: Built In Oven, Built-In Range, Dishwasher, Gas Water Heater, Tankless Water Heater

Features

Vaulted Ceiling(s)
Basement: None

Interior area

Total structure area: 880
Total interior livable area: 880 sqft

Property

Parking

Total spaces: 1
Parking features: Other, Condo Garage (Other), Attached
Attached garage spaces: 1

Features

Stories: 1
Entry location: Upper Floor
Patio & porch: Deck
Has view: Yes
View description: Bay
Has water view: Yes
Water view: Bay
Body of water: Siletz Bay View

Details

Parcel number: R533391

Construction

Type & style

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

Materials

Other
Foundation: Concrete Perimeter, Slab
Roof: Membrane

Condition

New Construction
New construction: Yes
Year built: 2023

Utilities & green energy

Gas: Gas
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Condo Concierge

HOA

Has HOA: Yes
HOA fee: $414 monthly

Location

Region: Lincoln City

Financial & listing details

Price per square foot: $453/sqft
Annual tax amount: $478
Date on market: 2/20/2026
Listing terms: Cash,Conventional
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/12/2026	Price change	$399,000-6.1%$453/sqft
Source: RMLS (OR) #468571689 Report a problem
5/6/2026	Price change	$425,000-3.4%$483/sqft
Source: RMLS (OR) #468571689 Report a problem
2/21/2026	Listed for sale	$439,900$500/sqft
Source: RMLS (OR) #468571689 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2023	--	--

Find assessor info on the county website

Monthly payment

Est. payment

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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.

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