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

$349,900

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Property 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!

5201 SW Highway 101, Unit 204 | MLS# 648923357

This condo located at 5201 SW Highway 101, Unit 204, Lincoln City, OR 97367 is currently listed for sale with an asking price of $349,900. This property was built in 1999 and has 1 bedrooms and 1 full baths with 691 sq. ft. SW Highway 101, Unit 204 is located in the Waters Edge Condo subdivision. Search Waters Edge Condo real estate on lizshatterly.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Condominium
Cooling: None
Fireplaces: 1
Fuel Type: Electricity, Gas
Heating: WallHeater
Home Style: Common Wall
Roof Type: Composition
Stories: 1.0
Taxes: $3,285
Year Built: 1999
Square Feet: 691

Feature Descriptions

Bathroom: 1.0 (Main)
Exterior: Deck
Exterior: Cement Siding
Fireplace: Gas
HOA Fee: Fee 1 - $493.00 (Monthly)
Hot Water: Electricity
Interior: Elevator, Furnished, Hookup Available, Tile Floor, Vinyl Floor, Wall to Wall Carpet
Kitchen: Dishwasher, Free-Standing Range, Free-Standing Refrigerator
Lot: Commons
Sewer: Public Sewer
Special View Info: Bay, Ocean
Square Footage: 691 (Main)
Unit Location: UpperFloor
Water: Public Water
Waterfront: Bay Front, Ocean Front

Local Schools

High School: Taft
Middle School: Taft
Elementary School: Oceanlake

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Professional
Agency Phone: 503-538-0468

Shown By

Agent Name: Liz Shatterly, Broker, ABR, PSA, SFR
Agent Phone: (541) 350-4136
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 2,145.09 per month $1,769.28 Principal & Interest $273.75 Property Tax $102.05 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/20/2026. The listing information on this page last changed on 07/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 07/20/2026 12:06:06 AM EST) or RMLS (last updated Mon 07/20/2026 12:02:21 AM EST) or COAR/MLSCO (last updated Mon 07/20/2026 12:01:17 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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