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4239 SW Highway 101, Lincoln City, OR, 97367

4beds
2baths
1,565sqft
$599,000
$383price/sqft
$3,714/moest. monthly cost
$148,560/yrincome needed

About This Home

Outstanding FT residence, 2nd home, or fully furnished turnkey STR opportunity in this oversized ocean view condo! 4 BRs, 2 full BTH, galley kitchen, 2 bonus rooms for offices/dens (master den w/ kitchenette/wet bar), in-unit full-sized washer/dryer, and use of the only garage in the complex! Enjoy the ocean breeze, sunsets, whale watching on the private deck, warm up after the beach by the gas fireplace or in the included sauna! HOA fee of $574 includes water, sewer, garbage, basic cable, high-speed Internet, interior plumbing, all common area maintenance/utilities/landscaping/insurance, and even provides short term rental insurance! Property grossed $46K in rental revenues in 2022. Commercial zoning allows STR Licensing. Buyer Due Diligence required w/ the City of L.C.

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

6/10
Taft Elementary SchoolGrades 3-60.3 mi
6/10
Taft Middle SchoolGrades 7-80.3 mi
3/10
Taft High SchoolGrades 9-120.5 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1952

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition,Shingle
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Residential,Condominium

Interior

Appliances

  • Appliances included: Built-In Range,Built-In Refrigerator,Dishwasher,Microwave

Basement

  • Basement: None

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2

Dining Room

  • Level: Main

Features

  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 1,565
  • Total interior livable area: 1,565 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: R368300

Features

  • Stories: 1
  • Entry location: Upper Floor
  • Exterior features: Sauna
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean

Parking

  • Total spaces: 1
  • Parking features: Off Street,Condo Garage (Other),Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 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
    EarthquakeRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiModerate

How This Home’s Risks Compare

Earthquake
Coastal Flooding
Inland Flooding
Ice Storm
Tsunami

FEMA Declared Disasters in Lincoln 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 $3,028$36,336
Home Insurance *$136$1,632
Property Taxes $374$4,488
Electricity $176$2,119
Total$3,714$44,568
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$127,337/yr
40% on housing$111,420/yr
45% on housing$99,040/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: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$383This listing

vs Other Active Listings

Avg $/sqft

ZIP 97367$316
Lincoln County$242

vs Homes Sold Last Month

Median $/sqft

ZIP 97367$344
Lincoln County$331

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
2026-03-27Price change$599,000
2026-03-21Listed for sale$625,000
2023-05-19Listing removed--
2023-04-26Price change$350,000
2023-04-11Price change$380,000
2023-03-15Price change$489,000
2023-02-15Price change$699,000
2023-02-10Listed for sale$499,000
2019-10-30Sold$129,000
2018-07-13Sold$115,000
2001-08-07Sold$75,900
1996-08-20Sold$44,500
1995-08-31Sold$38,000
1994-10-28Sold$46,500

For Sale by Agent

AgentTaj Richardson
BrokerageHarcourts Coast Realty

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