About 5201 Sw Highway 101 204
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!
Features of 5201 Sw Highway 101 204
| MLS® # | 648923357 |
|---|---|
| Price | $325,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 691 |
| Acres | 0.00 |
| Year Built | 1999 |
| Type | Residential |
| Sub-Type | Condominium |
| Style | Common Wall |
| Status | Active |
Community Information
| Address | 5201 Sw Highway 101 204 |
|---|---|
| Area | 200 - Lincoln County |
| Subdivision | Waters Edge Condo |
| City | Lincoln City |
| County | Lincoln |
| State | OR |
| Zip Code | 97367 |
Amenities
| View | Bay, Ocean |
|---|---|
| Is Waterfront | No |
| Waterfront | Bay Front, Ocean Front |
| Has Pool | No |
Interior
| Interior Features | Tile Floor, Vinyl Floor, Wall to Wall Carpet, Elevator, Furnished, Hookup Available |
|---|---|
| Appliances | Dishwasher, Free-Standing Range, Free-Standing Refrigerator |
| Heating | Wall Heater |
| Cooling | None |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Gas |
| # of Stories | 1 |
Exterior
| Exterior | Cement Siding |
|---|---|
| Exterior Features | Deck |
| Lot Description | Commons |
| Roof | Composition |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Oceanlake |
|---|---|
| Middle | Taft |
| High | Taft |
Additional Information
| Date Listed | July 18th, 2026 |
|---|---|
| Days on Market | 62 |
| Zoning | TVC |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 493 |
| HOA Fees Freq. | Monthly |
Listing Details
| Office | Coldwell Banker Professional |
|---|