NOT LISTED FOR SALE

301 Otter Crest Loop Unit M 272/273 Otter Rock, OR 97369

Otter Rock Neighborhood
2 Beds
2 Baths
947 Sq Ft
$1,101/mo HOA Fee

Last Sold May 30, 2024

Last sale price $216,540 $229 Per Sq Ft

2 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Fireplace
  • 35.66 Acre Lot
  • Covered Patio or Porch
  • Living Room

About This Home

As of May 2024

Here is your opportunity to own 3/4 FRACTIONAL INTEREST in a turnkey coastal retreat at the exclusive Inn At Otter Crest Resort, located on 35 sprawling acres of majestic forest & perfectly integrated landscaping w/trails & stairs to beach. Use this vacation retreat 3 weeks out of each month or enter it into the rental pool for an income stream while you are not using it. You enter into a fully functional kitchen with plenty of storage space, dining area with long table & chairs for entertaining open to living area with a sofa bed & two relaxing leather chairs with foot stools to put your feet up while watching the wall mounted flat screen TV. Stoke up the wood burning fireplace for that cool night ambience. ( see supplement ) Through the sliding glass door, in the wall of ocean view windows is a long private covered deck with table & chairs to relax your days away. Enter through a doorway to Unit 273 has a wall of windows & a slider to the deck with 2 queen beds, a desk, sitting chair, full bath & storage with also has a separate entrance. The Inn at Otter Crest oceanfront property has 35 acres 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 & convention center for large family events, weddings etc. This property makes it easy for residents & guests to stay active & entertained without having to leave the property. The location is conveniently close to Newport & Depoe Bay. The HOA dues have been paid in full until January of 2025 & are included in the sale price, not to be prorated to closing. HOA dues of $1,101.59/monthly dues cover all utilities, internet, garbage, telephone, water, sewer, common area maintenance, common area taxes & insurance, all amenities maintenance, making it easier for owners. 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 & convenient beachside retreat. More information under documents. Call for appointment today!

Last Agent to Sell the Property

Anita Quilici

Emerald Coast Realty - Depoe Bay License #200004027 Listed on: 05/03/2024

Last Buyer's Agent

Janine Duronslet

Ocean Equity Real Estate & Investments, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,116

Year Built

  • Built in 1972

Lot Details

  • 35.66

HOA Fees

  • $1,101 Monthly HOA Fees

Property Views

  • Ocean
  • Mountain

Home Design

  • Metal Roof
  • Cedar Siding
  • Piling Construction

Interior Spaces

  • 947 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Fireplace
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater
  • Community Sewer or Septic

Additional Features

  • Covered Patio or Porch
  • Ocean Front

Listing and Financial Details

  • Tax Lot 90272
  • Assessor Parcel Number 09113200-90272-00

Community Details

Overview

  • Association fees include electricity, trash, internet, insurance, water
  • Visit Association Website
  • Shannon Duffy Association, Phone Number (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

$1,116

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,101 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Co-Ownership
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 35.66
  • Lot Size Sq Ft: 1553349.6
  • Road Surface Type: Paved
  • Inclusions: Turnkey
  • Subdivision Name: Inn at Otter Crest
  • Directions: Hwy 101 to Otter Crest Loop Rd. to west at Inn at Otter Crest down driveway. The unit is at the end of the M building. See map in documents & photos
  • Architectural Style: Condo
  • Year Built: 1972
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Mountain
  • General Property Description:_pound_ of Acres: 35.66
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 90272
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Condo
  • General Property Description:Basement: No
  • Electric:On Property2: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Internal Features:Water Heater: Electric
  • Gas:None6: Yes
  • Alternate Heat:Fireplace: Yes
  • DeckPatio:Covered Patio: Yes
  • Roof:Metal: Yes
  • Miscellaneous:Pet Friendly2: Yes
  • Siding:Cedar2: Yes
  • Water:Community: Yes
  • Sewer:Community2: Yes
  • Foundation:Pilings: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Flooring: Other
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Pilings
  • Other Structures: None
  • Roof: Metal
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available
  • Water Source: Community
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Association Fee: 1101.0
  • Association Fee Frequency: Monthly
  • 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: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
  • Association Fee Inclusions:Operating Expenses: Yes
  • Association Fee Inclusions:Electric - Unit: Yes
  • Association Fee Inclusions:Telephone - Unit: Yes
  • CondoAssociation:Assoc Contact Name2: Shannon Duffy
  • CondoAssociation:Assoc Contact Phone2: 5036012018
  • CondoAssociation:Association Website: www.ottercrestowners.com

Fee Information

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

Lot Info

  • Parcel #: 09113200-90272-00
  • Zoning: C-T Tourist Commercial

Tax Info

  • Tax Annual Amount: 1115.91
  • Tax Year: 2023

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 List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $216,540 0.0% $229 / Sq Ft
05/03/2024 05/03/24 For Sale $216,540 -- $229 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 24-912