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

> **TL;DR:** 1bd/1ba condo, $325,000 ($470/sqft), built 1999, 691 sqft.
> Fireplace, Waterfront, View. Est. $2,231/mo. Listed 118 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $325,000 |
| Price/sqft | $470 |
| Bedrooms | 1 |
| Bathrooms | 1 full |
| Square Feet | 691 |
| Year Built | 1999 |
| Stories | 1 |
| Property Type | Condo (Condominium) |
| Status | Active |
| Days on Market | 118 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed
- **Views** - Ocean

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,643 |
| Estimated Insurance | $95 |
| HOA | $493 |
| **Total** | **$2,231** |

## Key Amenities

- Fireplace
- Waterfront
- View

## Property Highlights

- Built in 1999
- Fireplace
- Waterfront

## Description

### Agent 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!

## Location

- **Address:** 5201 SW Highway 101 #204, Lincoln City, OR 97367
- **County:** Lincoln
- **Neighborhood:** Waters Edge Condo
- **Coordinates:** 44.9274, -124.014627
- **Google Maps:** https://www.google.com/maps?q=44.9274,-124.014627

## Listing Agent

- **Name:** Hannah Katz · **License:** 201231711
- **Brokerage:** Coldwell Banker Professional Group
- **Broker Phone:** (541) 994-7760
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/5201-SW-Highway-101-204_Lincoln-City_OR_97367_M25550-39550?f=listhub&s=LCMLSOR-26&m=1882&c=propsimple)

## Photos

![5201 SW Highway 101 #204 - Photo 1](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f2971059156r.jpg)

![5201 SW Highway 101 #204 - Photo 2](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f2576679391r.jpg)

![5201 SW Highway 101 #204 - Photo 3](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f3470700847r.jpg)

![5201 SW Highway 101 #204 - Photo 4](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f2050527518r.jpg)

![5201 SW Highway 101 #204 - Photo 5](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f1196519500r.jpg)

![5201 SW Highway 101 #204 - Photo 6](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f3282763838r.jpg)

![5201 SW Highway 101 #204 - Photo 7](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f4279358833r.jpg)

![5201 SW Highway 101 #204 - Photo 8](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f3043136046r.jpg)

![5201 SW Highway 101 #204 - Photo 9](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f2378633094r.jpg)

![5201 SW Highway 101 #204 - Photo 10](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f3261259881r.jpg)

![5201 SW Highway 101 #204 - Photo 11](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f3832967396r.jpg)

![5201 SW Highway 101 #204 - Photo 12](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f38753579r.jpg)

![5201 SW Highway 101 #204 - Photo 13](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f692236605r.jpg)

![5201 SW Highway 101 #204 - Photo 14](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f1309400168r.jpg)

![5201 SW Highway 101 #204 - Photo 15](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f1215211785r.jpg)

![5201 SW Highway 101 #204 - Photo 16](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f99037444r.jpg)

![5201 SW Highway 101 #204 - Photo 17](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f1600876148r.jpg)

![5201 SW Highway 101 #204 - Photo 18](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f3270008707r.jpg)

![5201 SW Highway 101 #204 - Photo 19](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f4238120176r.jpg)

![5201 SW Highway 101 #204 - Photo 20](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f3940359541r.jpg)

![5201 SW Highway 101 #204 - Photo 21](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f205117618r.jpg)

![5201 SW Highway 101 #204 - Photo 22](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f3199395767r.jpg)

![5201 SW Highway 101 #204 - Photo 23](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f3423567772r.jpg)

![5201 SW Highway 101 #204 - Photo 24](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f3049393357r.jpg)

![5201 SW Highway 101 #204 - Photo 25](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f3137913541r.jpg)

![5201 SW Highway 101 #204 - Photo 26](http://lh.rdcpix.com/12a7d2c3d1db4ad5fbfafec92db2de3fl-f1686955208r.jpg)

---

**MLS#:** 26-1882 | **Updated:** 2026-11-01
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/5201-sw-highway-101-lincoln-city-or-97367-59b7336de7554fb5a880073fd8e2ba7b)

---

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