$255,000
SOLD MAY 4, 2023

301 Otter Crest Dr Unit 302-303 Newport, OR 97365

Otter Rock Neighborhood
2 Beds
2 Baths
945 Sq Ft
$1,259/mo HOA Fee

Recently Sold

$270 Per Sq Ft

3 Days on Market

Highlights

  • Ocean View
  • Furnished
  • Zoned Cooling
  • Deck
  • Fireplace
  • 1-Story Property

About This Home

As of May 2023

Here is a rare opportunity to own a turnkey coastal retreat at the exclusive Inn At Otter Crest, located on 35 sprawling acres of majestic forest and perfectly integrated landscaping with trails leading to the beach. Otter Rock, Oregon is a wonderful place to call home. You can live here full-time or enter it into the rental pool for an income stream while you are not using it. From the moment you enter, you're greeted with beautiful floors that lead you through a fully functional kitchen with plenty of storage space, newer appliances, and a pantry for all your favorite snacks. The light and bright living room/dining room and 1st bedroom feature a cozy fireplace, wine fridge, built-ins, and a large sliding glass door leading out to a private covered deck overlooking the lush forest and the majestic Pacific Ocean, offering breathtaking sunsets and perfect outdoor dining opportunities. Pass through the threshold into the 2nd bedroom and you will find plenty of sleeping room for you and your guests as well as a 2nd full bathroom featuring a large walk-in shower with dual shower heads. This bedroom also provides ample storage space, a washer/dryer, and its very own private deck and slider making it a great option for families or hosting visitors. Additionally, the amenities at the Inn at Otter Crest are outstanding: oceanfront property to explore, a fitness center, an activity room, a heated ocean view pool, a hot tub, saunas, a playground, walking trails, beach access, and an on-site restaurant... making it easy for residents and guests to stay active and entertained without having to leave the property. The location is also conveniently close to Newport and Depoe Bay. Overall, this condo presents an opportunity to live in a blissful location surrounded by stunning natural beauty and excellent amenities. It's also worth noting that the $1,259.52/month dues cover all utilities and amenities, making it easier for residents to budget their expenses. Finally, the fact that the condo can be entered into the rental pool means that it could also serve as an excellent investment opportunity for someone looking to earn rental income. All in all, this is a fantastic opportunity for anyone looking for a comfortable and convenient beachside retreat.

Last Agent to Sell the Property

Hannah Katz

Coldwell Banker Professional Group - Lincoln City License #201231711 Listed on: 04/17/2023

Coldwell Banker Professional Group - Lincoln City

Last Buyer's Agent

Michele Hallmark

Coldwell Banker Professional Group - Newport License #201235221

Coldwell Banker Professional Group - Newport

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,032

Year Built

  • Built in 1972

HOA Fees

  • $1,259 Monthly HOA Fees

Property Views

  • Ocean
  • Forest

Home Design

  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Cedar Siding

Interior Spaces

  • 945 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Fireplace
  • Window Treatments

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Zoned Cooling
  • Heating Available
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 90302
  • Assessor Parcel Number 09113200-90302-00

Community Details

Overview

  • Association fees include electricity, trash, internet, sewer, insurance, security, water
  • Shannon Duffy Association, Phone Number (503) 601-2018
  • Secondary HOA Phone (503) 601-2018
  • Inn At Otter Crest Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,032

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,259 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominiums
  • Road Frontage Type: None
  • Road Surface Type: Paved
  • Subdivision Name: Inn at Otter Crest
  • Directions: Hwy 101 to Otter Crest Loop to Inn at Otter Crest, Building O
  • Architectural Style: Condo
  • Garage Yn: No
  • Year Built: 1972
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Forest
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 90302
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Condo
  • Miscellaneous:Pet Friendly: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Gas:None6: Yes
  • Siding:Cedar: Yes
  • Alternate Heat:Fireplace: Yes
  • Roof:Metal: Yes
  • Water:Community: Yes
  • Sewer:Community2: Yes
  • Foundation:PillarPostPier: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Total Bedrooms: 2
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Heating: Electric Wall/Zone, Fireplace(s)
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available
  • HeatingCooling:Electric WallZone: Yes

Condo/Co-op/Association

  • Association Fee: 1259.0
  • Association Fee Frequency: Monthly
  • Phone: 503-601-2018
  • Association: Yes

Association/Amenities

  • General Property Description:Association2: Yes
  • Association Fee Inclusions:Garbage - Unit: Yes
  • Association Fee Inclusions:Insurance - General: Yes
  • Association Fee Inclusions:Internet - Unit: Yes
  • Association Fee Inclusions:Sewer - Unit: Yes
  • Association Fee Inclusions:TV - Unit: Yes
  • Association Fee Inclusions:Water - Unit: Yes
  • Association Fee Inclusions:Maintenance - Common Area: Yes
  • Association Fee Inclusions:Property Tax - Common Area: Yes
  • Association Fee Inclusions:Utilities - Common Area: Yes
  • Association Fee Inclusions:Reserves: Yes
  • CondoAssociation:CondoAssoc Fee (MQY): Monthly
  • CondoAssociation:Assoc Contact Name: Shannon Duffy
  • CondoAssociation:Assoc Contact Phone: 503-601-2018
  • Association Fee Inclusions:Operating Expenses: Yes
  • Association Fee Inclusions:Electric - Unit: Yes
  • Association Fee Inclusions:Telephone - Unit: Yes
  • Association Fee Inclusions:Security2: Yes

Fee Information

  • Association Fee Includes: Electricity, Trash, Internet, Sewer, Insurance, Security, Water

Lot Info

  • Parcel #: 09113200-90302-00
  • Zoning: C-T Tourist Commercial

Tax Info

  • Tax Annual Amount: 1032.16
  • Tax Year: 2022

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $255,000 0.0% $270 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $255,000 +54.5% $270 / Sq Ft
06/04/2021 06/04/21 Sold $165,000 +3.1% $175 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $160,000 -- $169 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Hannah Katz

    Seller's Agent in 2023

    Hannah Katz

    Coldwell Banker Professional Group - Lincoln City

    (541) 418-3101

    19 in this area

    358 Total Sales

    Hannah Katz
    Section Image

  • M

    Buyer's Agent in 2023

    Michele Hallmark

    Coldwell Banker Professional Group - Newport

    (541) 430-5415

    1 in this area

    89 Total Sales

    Michele Hallmark
    Section Image
  • Doretta Smith

    Seller's Agent in 2021

    Doretta Smith

    Martek Real Estate

    (541) 961-6688

    11 in this area

    145 Total Sales

    Doretta Smith
    Section Image

  • O

    Buyer's Agent in 2021

    Out of Area

    OUT OF AREA

See All Agents

Map

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

MLS Number: 23-638

Oregon Lincoln County Newport 97365 Otter Rock

301 Otter Crest Dr Unit 302-303, Newport, OR

This home is located at 301 Otter Crest Dr Unit 302-303, Newport, OR 97365 and is currently priced at $255,000, approximately $269 per square foot. This property was built in 1972. 301 Otter Crest Dr Unit 302-303 is a home located in Lincoln County with nearby schools including Sam Case Elementary School, Yaquina View Elementary School, and Newport High School.

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