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$439,000   Price Analysis
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523 NW Highway 101
Lincoln City, OR 97367
2 bed 2 bath 889 SqFt ($493/SqFt)
3,484SqFt lot. Built 1925
Listed 2024-03-07, Taxes $1,935
USDA Eligible
near Lincoln City, OR
 

Historic Ridge Terrace cottage getaway with excellent panoramic ocean view.

A truly one-of-a-kind home has an eclectic design with many unique artisan touches. Located above the classic Seven Gables Shoppes this home is one of 6 original cottages built and offers a taste of what the sleepy beach town of Lincoln City was like in the 1920?s. The upper Crow's Nest deck offers a commanding ocean view with built-in sea ting. Central Ocean Lake location with convenient beach access as well as easy dstance to shops, restaurants, coffee shop, Devil's Lake State Recreational Area and of course the many wonderful events put on by the Lincoln City Cultural Center.

The second bedroom is accessed by going down the exterior stairs from the front deck, perfect for the visitor that would like additional privacy. Parking north of property in the parking area utilized by the homes on Ridge Terrace on NW 6th Street as well as additional parking off HWY 101 at the base of the lot.


Presented by TOM STUBBS at
RE/MAX Equity Group.
Listing Agent Photo

Property MLS #24150045 from RMLS

Bedrooms: 2
Bedroom 2 Dimensions: 7 x 12
Bedroom 2 Level: Lower
Bedroom 2 Features: BuiltinFeatures

Total Bathrooms: 2.0
Full Bathrooms: 2
Bathrooms On Main Level: 1.0
Full Bathrooms On Main Level: 1
Bathrooms On Upper Level: 1.0
Full Bathrooms On Upper Level: 1

CeilingFan
LuxuryVinylPlank
WasherDryer
WoodFloors

Dishwasher
FreeStandingGasRange
FreeStandingRefrigerator
Granite

Storage: 9 x 9
Storage Level: Lower
Extra Room-1 Dimensions: 7 x 12
Living Room Dimensions: 13 x 13
Extra Room-1 Level: Lower
Living Room Level: Main
Extra Room-1 Features: CeilingFan
Living Room Features: Deck, Fireplace
Basement Description: PartialBasement, StorageSpace, Unfinished

Fireplace Features: Gas
Heating Features: ForcedAir90
Heating: Yes
Number of Fireplaces: 1
Water Heaters: Electricity

Dining Room Features: LivingRoomDiningRoomCombo
Dining Room Level: Main
Kitchen Dimensions: 8 x 9
Kitchen Features: Dishwasher, GasAppliances, LivingRoomDiningRoomCombo
Kitchen Level: Main

Deck
ToolShed
Road Surface Type: Paved

Lot Description: Bluff, OceanBeachOneQuarterMileOrLess, Sloped
Lot Size Acres: 0.0799816
Lot Size Dimensions: 3485 SqFt
Lot Size Square Feet: 3484

Parking Features: OffStreet

View: Ocean, TreesWoods

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

Oceanlake Elementary School is a public elementary school located approximately 1 miles away.
directions icon Map directions

Taft High School is a public high school located approximately 2.2 miles away.
directions icon Map directions

Lincoln City Seventh-Day Adventist School is a private elementary and middle school located approximately 1 miles away.
directions icon Map directions

Taft Middle School is a public middle school located approximately 2.4 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

LotSizeRange: SqFt3000to4999
Annual Tax Amount: 1991.03
Source Listing Status: Active
County: Lincoln
Directions: HWY 101 to NW 6th St. One Parking spot in parking lot and one below stairs off HWY 101
Tax Year: 2023
Source Property Type: Residential
Parcel Number: R269297
Zoning: GC
Property Subtype: SingleFamilyResidence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$113,210
$1,935
2021$unknown + $unknown
$109,920
$1,843
2020$unknown + $unknown
$106,720
$1,801
2019$unknown + $unknown
$103,620
$1,740
2018$unknown + $unknown
$100,610
$1,701
2017$unknown + $unknown
$97,680
$1,628
2016$unknown + $unknown
$94,840
$1,527
2015$unknown + $unknown
$92,080
$1,493
2014$unknown + $unknown
$89,400
$1,455
2013$unknown + $unknown
$86,800
$1,407
2012$unknown + $unknown
$84,280
$1,395
2011$unknown + $unknown
$81,830
$1,339
2010$unknown + $unknown
$79,450
$1,286
2009$unknown + $unknown
$77,140
$1,247
2008$unknown + $unknown
$77,140
$1,215
2007$unknown + $unknown
$72,720
$1,188

Price Changed 2024-05-01
$439,000
OCMLS
Price Changed 2024-05-01
$439,000
RMLS
Listed 2024-03-07
$489,000
RMLS
Listed 2024-03-07
$489,000
OCMLS
Listing removed 2024-02-13
$0
OCMLS
Relisted 2024-02-11
$495,000
OCMLS
Listing removed 2024-02-10
$0
OCMLS
Listing removed 2024-02-02
$495,000
RMLS
Relisted 2024-02-02
$495,000
OCMLS
Listing removed 2024-02-01
$0
RMLS
Listing removed 2024-02-01
$0
OCMLS
Price Changed 2024-01-20
$495,000
RMLS
Price Changed 2024-01-19
$0
RMLS
Price Changed 2023-08-14
$495,000
RMLS
Price Changed 2023-08-14
$495,000
OCMLS
Price Changed 2023-08-07
$525,000
RMLS
Price Changed 2023-08-07
$525,000
OCMLS
Listed 2023-07-22
$565,000
RMLS
Listed 2023-07-20
$565,000
OCMLS
Listing removed 2013-08-17
$145,000
OCMLS
Sold 2013-08-16
$138,000
Public Record
Listing removed 2013-06-27
$145,000
RMLS
Listed 2013-06-17
$145,000
OCMLS
Listed 2013-06-17
$145,000
RMLS

Year Built: 1925
Building Area Total: 889
Building Exterior Type: Cedar, ShingleSiding
Foundation Details: PillarPostPier
Property Age: 99
Property Condition: Resale
Roof: Composition
Levels or Stories: 3
House Style: Cottage
Total Area Lower: 305
Total Area Main: 584
Architectural Style: Cottage

Sewer: PublicSewer
Water Source: PublicWater
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.