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116 Watts Way, Cannon Beach, OR, 97110

4beds
4baths
2,236sqft
$1,699,000
$760price/sqft
$10,872/moest. monthly cost
$434,880/yrincome needed

About This Home

Looking for 'oceanfront views' without 'oceanfront pricetag'? Then this freshly updated gem has your name on it! Situated on its lot to maximize views, the Pacific Ocean is the star of many of the rooms. Sit up in bed and watch the surf. Relax in your custom crow's nest and gaze at Haystack Rock. And that rooftop terrace...no better place to sit by the fire and just gaze! Ocean, stars, mountains: everything we love about living on the North Oregon Coast is yours in one tastefully updated package. Don't miss this opportunity to own the best of the beach!

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

6/10
Seaside Middle SchoolGrades 6-89.1 mi
2/10
Seaside High SchoolGrades 9-129.1 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1955

Materials

  • Foundation: Slab
  • Roof: Built-Up,Composition,Flat
  • Construction materials: Shake Siding,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Free-Standing Range,Free-Standing Refrigerator,Microwave,Stainless Steel Appliance(s),Washer/Dryer,Gas Water Heater
  • Laundry features: Laundry Room

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Main

Bedroom4

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • Partial bathrooms: 1
  • Main level bathrooms: 2

Dining Room

  • Level: Main

Features

  • Ceiling Fan(s),High Ceilings,High Speed Internet,Marble,Quartz,Pantry
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Luxury Vinyl Plank,Wall to Wall Carpet
  • Number of fireplaces: 2
  • Fireplace features: Gas
  • Fireplace: Yes

Heating

  • Heating features: Baseboard,Hot Water

Interior Area

  • Total structure area: 2,236
  • Total interior livable area: 2,236 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 2199
  • Zoning: R1

Features

  • Stories: 3
  • Patio & porch: Covered Deck,Deck,Porch
  • Exterior features: Fire Pit
  • Has spa: Yes
  • Spa features: Bath
  • Fencing: Fenced
  • Has view: Yes
  • View description: Mountain(s),Ocean
  • Has water view: Yes
  • Water view: Ocean

Lot

  • Lot size: 5,227 sqft
  • Features: Level,Ocean Beach One Quarter Mile Or Less,SqFt 5000 to 6999

Parking

  • Total spaces: 1
  • Parking features: Driveway,Parking Pad,Garage Door Opener,Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: 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
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Tsunami
    TsunamiRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Tsunami
Coastal Flooding
Landslide
Strong Wind

FEMA Declared Disasters in Clatsop 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 $8,591$103,092
Home Insurance *$292$3,504
Property Taxes $1,787$21,444
Electricity $202$2,435
Total$10,872$130,464
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$372,754/yr
40% on housing$326,160/yr
45% on housing$289,920/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: 1.8%
1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$760This listing

vs Other Active Listings

Avg $/sqft

ZIP 97110$587
Clatsop County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 97110$496
Clatsop County$291

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
2026-08-16Price change$1,649,000
2026-07-12Listed for sale$1,699,000
2025-12-11Sold$1,000,000
2025-11-22Pending sale$1,285,000
2025-08-22Price change$1,285,000
2025-07-23Price change$1,350,000
2025-06-05Price change$1,450,000
2025-04-24Listed for sale$1,550,000
2020-08-05Listing removed$800,000
2020-08-03Listed for sale$800,000
2015-03-09Sold$335,000
2014-11-11Price change$449,000
2014-02-16Listed for sale$479,000

For Sale by Agent

AgentJeremy Youngquist
BrokerageRise Above Realty

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