5201 SW Highway 101 #410, Lincoln City, OR, 97367
About This Home
Experience coastal luxury in this Waters Edge condo nestled in the heart of Oregon's historic Taft District. This 4th floor Bayfront unit, complete with a cozy gas fireplace, offers breathtaking vistas of the Siletz Bay, striking rock formations, and the vast Pacific Ocean. The 1 bed/1 bath unit comes mostly furnished and turn-key. Boasting convenient access to the bay, beach, and all local amenities including restaurants, groceries, shops, and bars - this unit is perfect as a tranquil getaway or a lucrative vacation rental. Salishan Resort & Golf course is right up the road. The condo features an elevator for easy access to the upper floors and has affordable HOA dues, covering all utilities. STR's permitted - Buyer Due Diligence with City required.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1999
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: Concrete
Type & Style
- Home type: Condo
- Architectural style: Other
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Electric Oven,Electric Range,Microwave,Refrigerator,Washer,Water Heater
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
Features
- Window features: Window Treatments
- Fireplace features: Gas
- Fireplace: Yes
Heating
- Heating features: Electric,Wall Furnace
Interior Area
- Total structure area: 684
- Total interior livable area: 684 sqft
Property
Details
- Parcel number: 071134AA9004800
- Zoning description: TVC - Taft Village Core
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- Has water view: Yes
- On waterfront: Yes
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
- Coastal Flooding
- Inland Flooding
- Ice Storm
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Lincoln County and Oregon
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,017 | $24,204 |
| Home Insurance * | $90 | $1,080 |
| Property Taxes | $542 | $6,504 |
| Electricity | $176 | $2,119 |
| Total | $2,825 | $33,900 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-11-01 | Listed for sale | $399,000 |
| 2006-05-26 | Sold | $194,900 |
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