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2545 SW Anchor Ave, Lincoln City, OR, 97367

1beds
1baths
1,088sqft
$540,000
$496price/sqft
$3,761/moest. monthly cost
$150,440/yrincome needed

About This Home

The summer vacation fantasy talk about a beach house meets head on with a real opportunity! Finally, an affordable oceanfront home if you are willing to put in the work! It appears to have once had steps down to the beach. Big windows take advantage of sweeping panoramic ocean views. Legal 1BR/1BA but there are three bathrooms present, a lower bedroom, and a loft which could make an amazing primary suite! Vaulted living area. Walk to 35th St public beach. See Instructions.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

6/10
Taft Elementary SchoolGrades 3-61.0 mi
6/10
Taft Middle SchoolGrades 7-81.0 mi
3/10
Taft High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1987

Materials

  • Foundation: Continuous
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main

Features

  • Flooring: Carpet
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes

Heating

  • Heating features: Natural Gas,Wall Furnace

Interior Area

  • Total structure area: 1,088
  • Total interior livable area: 1,088 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 071122CA0100000
  • Zoning: R-1-5
  • Special condition: In Foreclosure,Real Estate Owned

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Has water view: Yes
  • On waterfront: Yes
  • Waterfront features: Waterfront

Lot

  • Lot size: 3,920 sqft

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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

  • Earthquake
    EarthquakeRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Tsunami
    TsunamiModerate

How This Home’s Risks Compare

Earthquake
Ice Storm
Coastal Flooding
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 $2,730$32,760
Home Insurance *$122$1,464
Property Taxes $733$8,796
Electricity $176$2,119
Total$3,761$45,132
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$128,948/yr
40% on housing$112,830/yr
45% on housing$100,293/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

$496This 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
2026-07-01Listed for sale$540,000

Unknown Listed By

AgentDERRICK EMMERT
BrokerageWhite Star Realty Inc

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