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$55,000   Price Analysis
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301 Otter Crest 428 Dr Units 1 & 4th and 429Z Building
Otter Rock, OR 97369
2 bed 3 bath 1,667 SqFt ($32/SqFt)
Built 1972
Listed 2024-04-05, HOA $468
USDA Eligible
near Otter Rock, OR
 

25% ownership opportunity for a fabulous

Double-unit in the charming Inn At Otter Crest. Mostly furnished, loft-styled condo with expansive vaulted ceilings paired with a scenic oceanfront balcony overlooking the Pacific Ocean and Cape Foulweather. Building Z is at the highest point of the resort, giving it's next owners a sense of prvacy many units do not offer.

Unit 428 offers a full bath and large bedroom, which connects directly into 429. Cart services for seamless hilltop accessEnjoy resort amenities including private beach access, pool, hot tub, sauna and well rated restaurant. Suitable for nightly vacation rentals, managed by the Inn at Otter Crest or full time living.


Presented by Nickolas Dyer at
Advantage Real Estate.


Property MLS #24-644 from OCMLS

Bedrooms: 2

Total Bathrooms: 2.50
Full Bathrooms: 2
1/2 Bathrooms: 1

Microwave
Ceilings: Flat, Vaulted
Flooring: Carpet, Vinyl

Electric Baseboard
Electric Wall/Zone

Lot Description: Common or Condo
Lot Size Dimensions: Common/Condo

Garage Spaces: 2

Road Surface Type: Gravel, Paved
Patio Description: Deck and Patio

View: Ocean

Association: Yes
Association Fee: 468
Association Fee Frequency: Monthly
Association Fee Includes: Electric - Unit, Garbage - Unit, Gas - Unit, Insurance - General, Internet - Unit, Maintenance - Common Area, Operating Expenses, Property Tax - Common Area, Reserves, Sewer - Unit, Telephone - Unit, TV - Unit, Utilities - Common Area, Water - Unit
Calculated Total Monthly Association Fees: 468
Pets Allowed: Yes

Annual Tax Amount: 1531.35
Source Listing Status: Active
County: Lincoln
Directions: From Hwy 101, head west onto Otter Crest Loop. Continue until you reach the entrance/exit of the Inn at Otter Crest. Turn west at the sign onto Otter Crest Drive, and follow the road to the first stop sign. Park in guest parking across from the front office. Look for directional signs for building Z. Walk to the very top of the hill, and up to the second floor.
Tax Year: 2023
Source Property Type: F
Area: Otter Rock
Property Subtype: condo
Source Neighborhood: Inn at Otter Crest
Subdivision: Inn at Otter Crest
Zoning: C-T Tourist Commercial
Source System Name: C2C

Price Changed 2024-05-31
$55,000
OCMLS
Price Changed 2024-05-14
$426,000
OCMLS
Listed 2024-04-05
$427,000
OCMLS
Listing removed 2020-09-16
$0
OCMLS
Listed 2020-07-19
$27,000
OCMLS
Listing removed 2020-05-16
$0
OCMLS
Relisted 2019-11-19
$27,500
OCMLS
Listing removed 2019-11-16
$0
OCMLS
Listed 2018-11-12
$27,500
OCMLS
Listing removed 2017-09-30
$21,000
OCMLS
Listed 2016-08-24
$21,000
OCMLS

Total Square Feet Living: 1667
Year Built: 1972
Building Exterior Type: Cedar
Foundation Details: Pilings
Property Age: 52
Roof: Shingle
Levels or Stories: Two
House Style: Condo

Electric: On Property
Sewer: Community
Water Source: Community

Accessibility Features: 32''+ doorways, Bath Modifications

Sam Case Elementary School is a public elementary school located approximately 7.4 miles away.
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Newport High School is a public high school located approximately 7.9 miles away.
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Siletz Valley School is a public elementary, middle and high school located approximately 7.2 miles away.
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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.