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123 S Hemlock St, Cannon Beach, OR, 97110

3beds
2baths
1,867sqft
$898,000
$481price/sqft
$5,363/moest. monthly cost
$214,520/yrincome needed

About This Home

Nestled in the heart of charming downtown Cannon Beach is this exquisite and light filled corner unit condo that boasts 1867 Sqft of coastal bliss! Meticulously crafted and offering 3 bedrooms, 2 full baths, laundry room, and an oversized corner deck to revel in the town's charm and the invigorating ocean breeze. At the heart of this residence is the abundance of high-end amenities & finishes such as hardwood floors, stainless steel appliances, granite countertops, stunning kitchen cabinets and best of all the generous amount of windows that contribute to the cheerful open floor plan. This amazing location means that you are one block to the sandy beach and walking distance to all the incredible restaurants, galleries, and shopping that makes Cannon Beach the pinnacle of the Oregon Coast. Don't miss this opportunity to own this extraordinary residence- schedule your private showing!

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

6/10
Seaside Middle SchoolGrades 6-86.9 mi
2/10
Seaside High SchoolGrades 9-126.9 mi

Construction

Condition

  • Year built: 1988

Materials

  • Foundation: Continuous Concrete
  • Roof: Composition
  • Construction materials: Cedar

Type & Style

  • Home type: Townhouse
  • Property subType: Condo/Townhouse

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Window features: Window Coverings

Interior Area

  • Total structure area: 1,867
  • Total interior livable area: 1,867 sqft

Living Room

  • Level: Main

Property

Details

  • Parcel number: 56472
  • Zoning: C-1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Tsunami
    TsunamiRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Tsunami
Coastal Flooding
Landslide
Strong Wind

FEMA Declared Disasters in Clatsop County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,540$54,480
Home Insurance *$154$1,848
Property Taxes $493$5,916
Electricity $176$2,119
Total$5,363$64,356
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$183,874/yr
40% on housing$160,890/yr
45% on housing$143,013/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.8%
1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$481This listing

vs Other Active Listings

Avg $/sqft

ZIP 97110$625
Clatsop County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 97110$496
Clatsop County$291

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-28Price change$998,000
2026-01-20Price change$1,099,000
2025-06-20Price change$1,149,000
2025-03-24Listed for sale$1,195,000
2018-05-17Listing removed$409,000
2017-12-22Price change$409,000
2017-08-03Listed for sale$419,000
2016-04-13Sold$419,000
2016-03-05Pending sale$419,000
2016-02-20Listed for sale$419,000

For Sale by Agent

AgentAbbas Sami Atwi
BrokerageCascade Hasson Sotheby's Inter

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