$1,285,000
$265K PRICE DROP

116 W Watts Way Cannon Beach, OR 97016

Estimated payment $7,287/month

Total Views 59,860
4 Beds
3.5 Baths
2,693 Sq Ft
$477 Price per Sq Ft

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

Andrea Mace

Realty One Group Prestige - Cannon Beach License #201212903 Listed on: 04/25/2025

Realty One Group Prestige - Cannon Beach

Co-Listing Agent

Norma Mace

Realty One Group Prestige - Cannon Beach License #201244489

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,559

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Directions: From Hwy 101 South, take Hemlock St South to Watts Way, house is on the corner of Watts Way and South Hemlock Street.
  • InternalFeaturesWaterHeater: Electric
  • ExternalFeaturesDeckPatio: Deck
  • Miscellaneous Possession: upon closing
  • Prop. Type: Single Family Res
  • Building Stories: 3
  • UtilitiesAlternateHeat: Gas Fireplace
  • Utilities Electric: On Property
  • Average Utilities Gas: On Property
  • UtilitiesHeatingCooling: Hot Water
  • Water: City Property
  • Year Built: 1955
  • AccessibilityBedBathOnMain: Yes
  • Reso Property Sub Type: Residential - Single Family
  • Co List Office Mls Id: oner
  • Co List Office Mls Id: oner
  • Reso Accessibility Features: Bed/Bath on Main
  • Architectural Style: Contemporary
  • Carport Y N: No
  • ResoWindowFeatures: Window Coverings
  • General Property Description:View: Ocean
  • General Property Description:View 2: Haystack Rock
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Half Baths: 1
  • General Property Description:Lot Acres: 0.12
  • General Property Description:Basement2: No
  • Location Tax and Legal Information:Taxes: 6558.59
  • Location Tax and Legal Information:Tax Year: 2024
  • Location Tax and Legal Information:Historic Designation: Unknown
  • Utilities:Sewer2: City Property
  • Foundation:Continuous Concrete: Yes
  • Roof:Composition: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Yes
  • Internal Features:Garage Door Opener: Yes
  • Siding:Shake Siding: Yes
  • Internal Features:WasherDryer: Yes
  • Miscellaneous:Basement4: No
  • Siding:Shingle Siding: Yes
  • Siding:Cedar: Yes
  • Legal Description:Lot2: 1
  • Legal Description:Block2: 6
  • General Property Description:Frontage: None
  • General Property Description:Style: Contemporary
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Refrigerator, Range/Oven, Washer/Dryer, Dishwasher, Water Heater
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 11

Exterior Features

  • Roof: Built-Up, Composition
  • Construction Type: Shingle Siding, Shake Siding, Cedar
  • Foundation Details: Continuous Concrete
  • Internal Features:Window Coverings: Yes
  • ConstructionSiding:Roof Built-Up: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Garage Door Opener
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Lot Info

  • Zoning: R1
  • Lot Dimensions: 5,227

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6558.59

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Clatsop Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,000 New Conventional
Source: Public Records

About the Listing Agent

Andrea Mace

Realty One Group Prestige - Cannon Beach

(971) 800-2098

Section Image

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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Source: Clatsop Association of REALTORS®

MLS Number: 25-347

APN: 2199