NOT LISTED FOR SALE

Estimated Value: $1,150,000 - $1,279,455

2 Beds
2 Baths
1,429 Sq Ft
$853/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $1,320,000 $924 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,622/month

108 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • Furnished
  • Deck
  • Wood Flooring
  • Octagon House

About This Home

As of September 2023

Situated on a picturesque oceanfront lot in a private setting, this turn-key luxury Octagonal home with separate Guest House features fantastic amenities. Quality remodeling, taken down to the studs and rebuilt with no expense spared - this home showcases oceanfront living at it's finest. Custom major remodel with updated electrical, plumbing, HVAC, & windows. Upgrades to flooring, shower tiling and bathroom makeovers, granite countertops & fixtures. Kitchen features Viking & Thermador professional appliances; custom fir cabinetry. Home is elegantly furnished with exquisite designer furniture, such as a Roche bobois extending glass dining table, custom artisan crafted built-in bedroom furniture by local craftsman, Rick Martin and high end decor. Primary bathroom features SunTouch Radiant heated flooring, walk-in shower with House of Rohl Handcrafted Fixtures, the perfect flow of luxury & design Showerheads to create gentle rainfall, waterfall and cascades. Private Guest Quarters boasts gas fireplace, kitchenette, Rohl shower fixtures and fine crafted Rick Martin furniture as in main house. Entry Courtyard welcomes guests and offers shelter on windy days and summer BBQs with plumbed gas BBQ station. Enjoy the sunny custom deck with walls of windows, ample room for outdoor entertaining with high-quality outdoor furniture, gas firepit. Home is furnished with everything you need, designer furniture, kitchenware and outdoor furniture. Listing price includes newly constructed (2023) $400K seawall, constructed by a premium excavating company, Dan Kauffman, according to specifications of H. G. Schlicker, Oregon's premier oceanfront engineering firm. 90 feet of ocean frontage protection. Truly move-in-ready! Salishan amenities include Community Center with swimming pool, walking trails, beach access, golf, tennis, fine dining, and more. Come live your best life in this amazing one-of-a kind, retreat-like setting overlooking the Pacific Ocean.

Last Listed By

Joni Jackson

Cascade Hasson Sotheby's International Realty License #950600214 Listed on: 05/01/2023

Cascade Hasson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,992

Year Built

  • Built in 1972

Lot Details

  • 0.39 Acre Lot
  • Ocean Front
  • Cul-De-Sac
  • Property is zoned PD - Planned Development

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Octagon House
  • Composition Roof
  • Cedar Siding
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,429 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Wood Flooring
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Radiant Heating System
  • Electricity To Lot Line
  • Gas Water Heater
  • Septic System

Community Details

  • Salishan Homesites Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Exclusions: 6 Art pcs Doc
  • Tax Lot 202
  • Assessor Parcel Number 081103CC-202-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,992

Year Built

Built in 1972

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.39
  • Lot Size: Irregular
  • Lot Size Sq Ft: 16988.4
  • Road Surface Type: Paved
  • Exclusions: 6 Art pcs Doc
  • Subdivision Name: Salishan Homesites
  • Directions: Salishan Drive, left on Lagoon Lane to end
  • Architectural Style: Octagon
  • Garage Yn: Yes
  • Year Built: 1972
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: .39 Acre
  • General Property Description:_pound_ of Acres: 0.39
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 202
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Octagon
  • General Property Description:Basement: No
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Gas
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: Irregular
  • General Property Description:Property Sub-Type: Single Family Residence
  • Siding:ShakeShingle: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • Water:Public: Yes
  • Miscellaneous Exclusions: 6 Art pcs Doc
  • Lot Type:Cul De Sac: Yes
  • HeatingCooling:Radiant: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Wood-burning Fireplace, Gas
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Detached
  • General Property Description:Garage Stall: 2

Utilities

  • Heating: Electric, Radiant, Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes
  • Sewer Septic: Yes
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 112.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly

Lot Info

  • Parcel #: 081103CC-202-00
  • Zoning: PD - Planned Development
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7991.89
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Aug 25, 2023
Sold by
Blumhagen-Royse Living Trust
Bought by
Mcmahon Family Trust and Mcmahon
Seller's Agent
Joni Jackson
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Erin Fletcher
Coldwell Banker Professional Group - Lincoln City
List Price
$1,469,000
Sold Price
$1,320,000
Premium/Discount to List
-$149,000
-10.14%
Total Days on Market
108
Views
311
Current Estimated Value
$1,219,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$100,848
Avg. Annual Appreciation
-9.89%

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcmahon Family Trust $1,320,000 Western Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $1,320,000 -10.1% $924 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $1,469,000 -- $1,028 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

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 $9,015 $703,180 -- --
2023 $8,248 $645,040 $0 $0
2022 $7,992 $626,260 $0 $0
2021 $7,788 $608,020 $0 $0
2020 $7,139 $564,840 $0 $0
2019 $6,715 $558,480 $0 $0
2018 $6,324 $520,110 $0 $0
2017 $6,669 $549,590 $0 $0
2016 $7,174 $590,320 $0 $0
2015 $7,178 $589,870 $0 $0
2014 $6,750 $582,610 $0 $0
2013 -- $558,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 23-739

APN: R439553