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505 W Capes Dr #2, Oceanside, OR, 97134

1beds
1baths
1,042sqft
$450,000
$432price/sqft
$2,829/moest. monthly cost
$113,160/yrincome needed

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, 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

1
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

--
6/10
6/10
Tillamook High SchoolGrades 9-126.1 mi

Construction

Condition

  • Year built: 1998

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Wood Siding,Cedar,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Down Draft,Disposal,Dishwasher,Electric Cooktop,Microwave,Water Heater,Built-In Electric Oven
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Double Vanity,Kitchen Island,Open Floorplan,Storage
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Carpet,Other
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,942

Heating & Cooling

  • Heating features: Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,042
  • Total interior livable area: 1,042 sqft

Property

Details

  • Parcel number: 1S1031AB90002
  • Zoning description: R-R Recreation Residential
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Storage
  • Has view: Yes
  • View description: Park/Greenbelt
  • Has water view: Yes

Lot

  • Lot size: 871.20 sqft
  • Features: Cul-De-Sac

Parking

  • Total spaces: 1
  • Parking features: Additional Parking,Detached Carport,Paved
  • Carport: Yes
  • Carport 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

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiModerate

How This Home’s Risks Compare

Coastal Flooding
Earthquake
Inland Flooding
Strong Wind
Tsunami

FEMA Declared Disasters in Tillamook 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 $2,275$27,300
Home Insurance *$146$1,752
Property Taxes $232$2,784
Electricity $176$2,119
Total$2,829$33,948
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$96,994/yr
40% on housing$84,870/yr
45% on housing$75,440/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: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$432This listing

vs Other Active Listings

Avg $/sqft

ZIP 97134$249
Tillamook County$319

vs Homes Sold Last Month

Median $/sqft

ZIP 97134
Tillamook County$347

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
2026-04-08Price change$505,000
2026-02-01Listed for sale$529,000

For Sale by Agent

AgentJackie Weber
BrokerageWindermere Realty Trust

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