505 Capes Dr W Unit 2, Tillamook, OR, 97141
About This Home
OCEAN VIEW COASTAL ENJOYMENT at its Best! Fabulous Ocean and white Cap Views! ~ out of the Tsunami Zone. Private community with walking Trails to the Sand. Other Association Amenities include private beach access,bocci ball, tennis court, community party center, and an on-site manager. Other amenities include: living room Plus a cozy Fireplace area with wood storage, berber carpeting, kitchen with divided farm sink and much drawer/cupboard spaces,cooking island built-in stove top and oven with down draft, plus island and eating nook seating,washer/dryer hookup closet with room for vacuum, spacious bedroom and full bath with double sinks and a roomy shower, and great storage, Perfect for long-time living or short relaxing visits.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1998
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: Cedar,Wood Siding
Type & Style
- Home type: Townhouse
- Architectural style: Contemporary
- Property subType: Residential,Condominium,Townhouse
Interior
Appliances
- Appliances included: Built In Oven,Built-In Range,Disposal,Down Draft,Electric Water Heater
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Level: Main
Features
- Kitchen Island
- Window features: Double Pane Windows
- Flooring: Wall to Wall Carpet
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,042
- Total interior livable area: 1,042 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Upper
Property
Accessibility
- Accessibility features: Garage On Main,Ground Level,Accessibility
Details
- Parcel number: 403488
- Zoning: RR2
Features
- Stories: 2
- Entry location: Ground Floor
- Patio & porch: Deck
- Exterior features: Tennis Court(s)
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterbody name: Pacific
Lot
- Features: Gentle Sloping,Ocean Beach One Quarter Mile Or Less
Parking
- Total spaces: 1
- Parking features: Carport,Driveway,Condo Garage (Other),Detached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
- Carport: 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
- Coastal Flooding
- Earthquake
- Inland Flooding
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Tillamook 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 | $2,275 | $27,300 |
| Home Insurance * | $111 | $1,332 |
| Property Taxes | $232 | $2,784 |
| Electricity | $176 | $2,119 |
| Total | $2,794 | $33,528 |
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 |
|---|---|---|
| 2026-04-08 | Price change | $505,000 |
| 2026-02-01 | Listed for sale | $529,000 |
| 2025-10-01 | Listing removed | $542,000 |
| 2025-04-09 | Listed for sale | $542,000 |
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