116 W Watts Way Cannon Beach, OR 97016
Estimated payment $7,287/month
Highlights
- Ocean View
- Contemporary Architecture
- 1 Car Attached Garage
- Deck
- Attic
- Living Room
About This Home
Sweeping ocean views and a newly adjusted price, make this Cannon Beach home one of the best values on the market. Located on the quieter south end of town in Tolovana Park neighborhood, this property sits on a large corner lot and features a versatile floor plan ready for your updates. The main living area highlights the scenery with expansive windows framing ocean and sunset views, while the kitchen and formal dining room offer space for gatherings. Flexible bedroom options provide room for family, guests, or a home office. Outdoor decks and patios are perfect for morning coffee, sunset views, or evenings under the stars. Just a short stroll to the beach, tide pools, and local favorites like Sea Level Bakery, this home offers classic coastal charm and exceptional potential.
Listing Agent
Realty One Group Prestige - Cannon Beach License #201212903 Listed on: 04/25/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,559
Year Built
- Built in 1955
Lot Details
- 5,227 Sq Ft Lot
- Property is zoned R1
Parking
- 1 Car Attached Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Concrete Foundation
- Composition Roof
- Built-Up Roof
- Shingle Siding
- Cedar Siding
- Shake Siding
- Cedar
Interior Spaces
- 2,693 Sq Ft Home
- 3-Story Property
- Gas Fireplace
- Window Treatments
- Living Room
- Dining Room
- Ocean Views
- Washer and Dryer
- Attic
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Hot Water Heating System
- Gas Available
- Electric Water Heater
Additional Features
- Accessible Bedroom
- Deck
Listing and Financial Details
- Legal Lot and Block 1 / 6
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,559 | $519,593 | -- | -- |
| 2023 | $5,926 | $504,461 | $0 | $0 |
| 2022 | $5,772 | $489,769 | $0 | $0 |
| 2021 | $5,653 | $475,505 | $0 | $0 |
| 2020 | $5,555 | $461,656 | $0 | $0 |
| 2019 | $5,221 | $448,211 | $0 | $0 |
| 2018 | $4,947 | $435,158 | $0 | $0 |
| 2017 | $4,755 | $422,485 | $0 | $0 |
| 2016 | $4,090 | $410,181 | $154,490 | $255,691 |
| 2015 | $3,926 | $398,235 | $149,991 | $248,244 |
| 2014 | -- | $386,637 | $0 | $0 |
| 2013 | -- | $375,377 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Price Changed | $1,285,000 | -4.8% | $477 / Sq Ft |
| 07/23/2025 07/23/25 | Price Changed | $1,350,000 | -6.9% | $501 / Sq Ft |
| 06/05/2025 06/05/25 | Price Changed | $1,450,000 | -6.5% | $538 / Sq Ft |
| 04/24/2025 04/24/25 | For Sale | $1,550,000 | -- | $576 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | Ticor Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $320,000 | New Conventional |
About the Listing Agent
Looking for the right home—or the right buyer—on the Oregon Coast? As a certified Resort & Second-Home Property Specialist (RSPS) and Seller Representative Specialist (SRS), I focus on helping clients navigate the unique opportunities of coastal real estate in Cannon Beach, Manzanita, Seaside and Gearhart, Oregon.
Whether you're searching for a vacation getaway, an investment property, or preparing to list your coastal home, I bring a deep understanding of the local market, strategic
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