Listing provided courtesy of Coldwell Banker Professional Group - Lincoln City- MLS# 26-861MLS ProviderSource MLS Verified

5201 SW Hwy 101 #205Lincoln City, OR 97367

Condo · 1 Bed · 1 Full Bath · 663 Sq. ft.
$415,000 Active

5201 SW Hwy 101 #205 Overview

Time on Site:
84 days
Visits:
0

Welcome to your Siletz Bayfront getaway at the very popular Waters Edge Condominiums! This 1 Bedroom/1 Bathroom immaculately kept & well decorated condo with amazing bay and ocean views features granite countertops w/ subway tile backsplash, custom kitchen cabinets, tile flooring throughout except new carpet in bedroom w/ upgraded pad, gas fireplace with tile surround, 2 yr old washer/dryer, 3 year old water heater, comes furnished and ready for you to start enjoying the beach or use as a vacation rental which zoning allows for outright nightly rentals! The $474/month affordable HOA dues which cover all your utilities including TV & Internet, makes it one of the best on the Oregon Coast!! Also, this unit owns 1 of only 8 detached garages for owners which is available to be purchased separately outside of escrow. The complex features an ELEVATOR for easy access to all floor levels! Located in Historic Taft District with Mo's, Pelican Brewery, Pines Dine food carts, grocery, shopping & bars all within blocks and Salishan Resort & Golf just minutes away!! Don't hesitate for this opportunity to own here on the wonderful Central Oregon Coast!

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5201 SW Hwy 101 #205 Facts & Features

  • Type Condo
  • Sq. ft. 663
  • Price/Sq.ft. $626

Details

General

Association/HOA

  • Association Amenities: None
  • Association Fee: 474.0
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Cable TV,Electricity,Gas,Insurance,Internet,Maintenance Grounds,Maintenance Structure,Sewer,Trash,Water,Property Taxes for Common Areas,Utilities
  • Association Name: Waters Edge Condominiums
  • Association: true

Building Information

  • New Construction: false
  • Year Built: 1999

Location/Region

  • County Or Parish: Lincoln
  • Subdivision Name: Waters Edge Condo

Community/Development

  • Community Features: Sidewalks

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 3284.68
  • Tax Year: 2025

General Information

  • Furnished: Partially
  • Listing Terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan,Submit
  • Parcel Number: 07-11-34-AA-90010-00
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: false
  • Special Listing Conditions: Standard
  • Zoning: TVC - Taft Village Core

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1

Building Interior

  • Above Grade Finished Area: 663.0
  • Building Area Total: 663.0

General Information

  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Dishwasher,Electric Range,Microwave,Refrigerator,Washer/Dryer Stacked,Water Heater
  • Basement: false
  • Fireplace Features: Gas
  • Fireplace: true
  • Fireplaces Total: 1
  • Flooring: Carpet,Tile
  • Foundation Details: Concrete Perimeter
  • Interior Features: Breakfast Bar,No Interior Steps
  • Levels: One
  • Living Area Source: Public Records
  • Rooms Total: 5
  • Security Features: Fire Sprinkler System
  • Stories Total: 4
  • Window Features: Drapes

Exterior

Parking Information

  • Parking Features: Additional Parking,Paved

Lot Information

  • Additional Parcels Description: LOT UNIT A3-2
  • Lot Features: Level
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: Bay,Ocean
  • Waterfront: true

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: HardiPlank Type
  • Roof: Composition

General Information

  • Carport: false
  • Exterior Features: Balcony
  • Fencing: None
  • Road Frontage Type: Highway
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

Room Information

Room: Bathroom

  • Level: Main

Room: Dining/Living Room Combo

  • Level: Main

Room: Kitchen

  • Level: Main

Room: Laundry

  • Level: Main

Room: Primary Bedroom

  • Level: Main

5201 SW Hwy 101 #205 Neighborhood

Community

97367 (Lincoln City) Demographics

55
Median Age
231
Population Density (per sq. mile)
35%
College Educated
$46,563
Estimated Median Income
2,808
Estimated Total Home Owners
1,706
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5201 SW Hwy 101 #205 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5201 SW Hwy 101 #205 Market Data

Based on the last 30 days in this zip code

$648,541
Average List Price
$372
Average Price per Square Foot
25
Properties Sold
116
Average Days on Market
436
Properties for Sale
Calculations provided by Reliance Network

5201 SW Hwy 101 #205 History

Date Event Value Agent
4/6/2026Source: Tillamook MLS Added to Database
April 06, 2026