About This Home

This 1-bedroom, 1-bathroom condo at 5201 SW Highway 101 #204 in Lincoln City, OR is listed for $325,000 ($470 per sqft). Built in 1999, the home offers 691 sqft of living space on a N/A lot.

Key Features

  • Built in 1999
  • Fireplace
  • Waterfront

Property Details

1 story
1 full
#204
1999

Amenities

FireplaceWaterfrontView
Listing Description

Waterfront condo with stunning Siletz Bay views and outstanding investment potential! Located at Waters Edge Condominiums in Lincoln City's Historic Taft District, this furnished 1-bedroom, 1-bath condo offers sandy beach access, bay and ocean views, and zoning that allows outright nightly vacation rentals.

Currently operating as a successful short-term vacation rental with Meredith Lodging, this turnkey property is ready to continue generating income or become your own coastal getaway. Enjoy a cozy gas fireplace, fully equipped kitchen, private balcony with storage, washer/dryer hookup, and elevator access.

The affordable $493/month HOA includes all utilities, TV, and internet, making this one of the best values on the Oregon Coast. Just blocks from Mo's, Pelican Brewing, Pines Dine Food Cart Village, shopping, restaurants, and grocery stores, with Salishan Resort & Golf only minutes away. Whether you're looking for a vacation home, investment property, or your own beach retreat, this waterfront condo is ready to enjoy. Don't miss this opportunity to own on the beautiful Central Oregon Coast!

Monthly Cost Estimate

$2,231/mo

20% down · 6.5% · 30 years

Principal$235
Interest$1,408
Insurance$95
HOA$493

Estimates only. Actual payments may vary.

Location

5201 SW Highway 101 #204

Lincoln City, OR 97367

Waters Edge Condo

Features & Amenities

Exterior Features

Balcony

Property Details

Flooring

TileCarpetVinyl

Construction

HardiPlank Type

Views

Ocean

Heating

Natural GasElectric (Heating)

Appliances

DishwasherElectric OvenElectric RangeRefrigeratorWater HeaterDishwasherElectric OvenElectric RangeRefrigeratorWater Heater

Questions & Answers

This 1-bedroom, 1-bathroom condo at 5201 SW Highway 101 is listed at $325,000 ($470/sqft). The estimated monthly payment is $2,231 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $493/month.

Key features include: Built in 1999, Fireplace, Waterfront. Exterior Features: Balcony.

This property is listed by Hannah Katz.

HK

Hannah Katz

License 201231711

Agent at Coldwell Banker Professional Group

Listed by Coldwell Banker Professional Group · Broker phone: (541) 994-7760 · View on Broker Site · Broker website

MLS# 26-1882· Source: Oregon Coast MLS· 116 days on PropertySimple

Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5201 SW Highway 101 #204, Lincoln City, OR 97367

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