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5201 SW Highway 101, 
Lincoln City, OR 97367

$325,000


1

Bed


1

Bath


691

Sq Ft


Condo

Active

Listed by

Hannah Katz

541-994-7760

Last updated:

September 14, 2026, 03:17 PM

MLS#

26-1882

Source:

OR LCBR

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About This Home

5201 SW Highway 101

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!

Home Facts

Condo

1 Bath

1 Bedroom

Built in 1999

Subdivision & Development:

Waters Edge Condo

Price Summary

325,000

$470 per Sq. Ft.

MLS #:

26-1882

Last Updated:

September 14, 2026, 03:17 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1


Structure

Structure

Building Area:

691 Sq. Ft.

Year Built:

1999


Finances & Disclosures

Finances

Price:

$325,000

Price per Sq. Ft:

$470 per Sq. Ft.

5201 SW Highway 101
Source:OR LCBR
The information being provided by Lincoln County Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Lincoln County Mls All rights reserved. OR LCBR Member Broker: Doug Caye

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.