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361 S Prom #502, Seaside, OR, 97138

3beds
3baths
1,666sqft
$1,095,000
$657price/sqft
$7,305/moest. monthly cost
$292,200/yrincome needed

About This Home

Top-Floor Oceanfront Penthouse on the Seaside Promenade. Experience coastal living at its finest from this stunning top-floor penthouse with breathtaking 180-degree unobstructed ocean views. Perfectly positioned in the center of the building, this 3-bedroom, 3-bath retreat showcases panoramic views of the Pacific from the living room, dining area, kitchen, and primary suite. The spacious open-concept layout is ideal for entertaining. Cozy up to the gas fireplace in the living room or enjoy the breeze from the large ocean-view balcony from both the living room and the primary suite. There's no better spot for morning coffee, evening sunsets, or simply relaxing while watching the waves roll in. The primary suite is a true sanctuary with a wall of windows overlooking the ocean, it';s own cozy gas fireplace, and a luxurious en suite bath with a jetted soaking tub, walk-in shower, and dual sink vanity. A private junior suite offers its own full bath with a soaking tub and shower, while the third bedroom is generously sized. With no shared walls, the bedrooms provide extra peace and privacy. The condo includes two off street assigned parking spaces and elevator access for convenience. Located directly on the Seaside Promenade, you’ll enjoy easy access to the beach, bike and walking paths, and front-row seats to local events like the Hood to Coast Relay finish line party, summer beach volleyball tournaments, and the Fourth of July fireworks. Offered fully furnished, this home can be a turnkey coastal getaway or an income-producing vacation rental. Currently managed by a local rental company with a strong booking history and proven financials, it is ready for its next owner to start making memories or income from day one. Schedule a tour or see what it's really like and book it for the weekend.

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
77
BikeVery Bikeable

Schools

6/10
Seaside Middle SchoolGrades 6-81.5 mi
2/10
Seaside High SchoolGrades 9-121.5 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1997

Materials

  • Construction materials: Block,Cement Siding

Type & Style

  • Home type: Condo
  • Property subType: Residential,Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Down Draft,Free-Standing Range,Free-Standing Refrigerator,Plumbed For Ice Maker,Washer/Dryer,Electric Water Heater
  • Laundry features: Laundry Room

Bedroom2

  • Level: Main
  • Area: 156

Bedroom3

  • Level: Main
  • Area: 156

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 3

Dining Room

  • Level: Main
  • Area: 99

Features

  • Ceiling Fan(s),High Speed Internet,Soaking Tub,Sound System,Cook Island,Kitchen Island,Tile
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Engineered Hardwood,Tile,Wall to Wall Carpet
  • Number of fireplaces: 2
  • Fireplace features: Gas
  • Fireplace: Yes

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,666
  • Total interior livable area: 1,666 sqft

Kitchen

  • Level: Main
  • Area: 176

Living Room

  • Level: Main
  • Area: 228

Master Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed,Main Floor Bedroom Bath,One Level,Pathway,Utility Room On Main,Walkin Shower,Accessibility

Details

  • Parcel number: 11954

Features

  • Stories: 1
  • Entry location: Upper Floor
  • Patio & porch: Covered Deck
  • Exterior features: Yard
  • Has spa: Yes
  • Spa features: Bath
  • Fencing: Fenced
  • Has view: Yes
  • View description: Dunes,Ocean,Territorial
  • Has water view: Yes
  • Water view: Ocean
  • On waterfront: Yes
  • Waterfront features: Ocean Front

Lot

  • Features: Level,Ocean Beach One Quarter Mile Or Less

Parking

  • Parking features: Off Street,Condo Garage (Undeeded)

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

  • Coastal Flooding
    Coastal FloodingVery High
  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Tsunami
    TsunamiVery High
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Coastal Flooding
Earthquake
Inland Flooding
Tsunami
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 $5,536$66,432
Home Insurance *$271$3,252
Property Taxes $1,322$15,864
Electricity $176$2,119
Total$7,305$87,660
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$250,457/yr
40% on housing$219,150/yr
45% on housing$194,800/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

$657This listing

vs Other Active Listings

Avg $/sqft

ZIP 97138$272
Clatsop County$299

vs Homes Sold Last Month

Median $/sqft

ZIP 97138$360
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)

Price History

DateEventPrice
2025-10-31Listed for sale$1,095,000
2016-04-06Sold$295,000

For Sale by Agent

AgentBrandon King
BrokerageKeller Williams PDX Central

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