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45 SE 63rd St, South Beach, OR, 97366

1beds
1baths
970sqft
$229,000
$236price/sqft
$1,780/moest. monthly cost
$71,200/yrincome needed

About This Home

''Whimsical '' Southbeach cottage, 1 bedroom 1 bathroom minutes from Yaquina Bay Bridge. End of the road privacy as this secluded corner lot borders wetlands where water fowl abound. Sunken Living room with hot tub and cozy wood stove. Corner lot w/side yard, front yard and parking for car and RV. Warehouse to the west provides a nice barrier from Hwy 101. This hideaway with unique charm would be perfect for someone that loves nature, artsy, surfer, or wants a beach retreat. As-is, Cash only.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

--
2/10
Newport Middle SchoolGrades 6-83.5 mi
6/10
Newport High SchoolGrades 9-123.3 mi

Construction

Condition

  • Year built: 1985

Materials

  • Foundation: Combination
  • Roof: Other,Rolled/Hot Mop
  • Construction materials: Cedar,Lap Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Oven,Refrigerator,Water Heater

Bedrooms & Bathrooms

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

Features

  • Jetted Tub
  • Flooring: Other,Vinyl
  • Fireplace features: Pellet Stove
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 0

Heating & Cooling

  • Heating features: Electric,Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 970
  • Total interior livable area: 970 sqft

Property

Details

  • Parcel number: 111129BB220000
  • Zoning description: I-P Planned Industrial
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 5,227 sqft
  • Features: Corner Lot

Parking

  • Parking features: Driveway

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 FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiModerate

How This Home’s Risks Compare

Coastal Flooding
Earthquake
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 $1,157$13,884
Home Insurance *$57$684
Property Taxes $390$4,680
Electricity $176$2,119
Total$1,780$21,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$61,028/yr
40% on housing$53,400/yr
45% on housing$47,466/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

$236This listing

vs Other Active Listings

Avg $/sqft

ZIP 97366$439
Lincoln County$243

vs Homes Sold Last Month

Median $/sqft

ZIP 97366$375
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)

No zestimate history available

Price History

DateEventPrice
2025-11-20Price change$229,000
2025-08-22Price change$240,000
2025-07-16Price change$250,000
2025-03-30Listed for sale$275,000
2002-03-22Sold$69,000

For Sale by Agent

AgentVickie L Phillips
BrokeragePremiere Property Group, LLC (Newport)

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