$850,000
$400K PRICE DROP

318 U S 101 Depoe Bay, OR 97341

Estimated payment $4,999/month

Total Views 10,623
3 Beds
3 Baths
2,310 Sq Ft
$368 Price per Sq Ft

Highlights

  • Ocean View
  • Traditional Architecture
  • No HOA
  • Deck
  • Furnished
  • 1-minute walk to Depoe Bay Park

About This Home

Exciting & constantly changing ocean views from this successful vacation rental with 2 separate units! Located on 2 tax lots w/plenty of parking for everyone including a 2 stall carport & a shop. Each unit has it's own entrance on different, a full kitchen, laundry facilities, gas fireplaces, separate electrical meters & unique therapeutic ocean views. The upstairs has the master bedroom on the main living area & a loft with 2 other sleeping areas. The ground level has 1 bedroom/1 bathroom and a separate 280 sq ft heated store room w/a full bathroom. Enjoy watching whales from the wrap around deck or hang out in the really cool covered, wind-protected patio with a full Ocean view.

Listing Agent

Amy Plechaty

Emerald Coast Realty - Depoe Bay License #990800074 Listed on: 08/04/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,144

Year Built

  • Built in 1934

Lot Details

  • 0.29 Acre Lot
  • Property fronts a highway

Property Views

  • Ocean
  • Mountain

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,310 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Car Garage
  • 10 Open Parking Spaces
  • Carport

Accessible Home Design

  • Accessible Bathroom
  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Covered patio or porch
  • Separate Outdoor Workshop
  • Shop

Utilities

  • Forced Air Heating System
  • Water Heater

Listing and Financial Details

  • Tax Lot 18700
  • Assessor Parcel Number 091105CA-18700-00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Depoe Bay Subdivision

Building Details

  • Gross Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,144

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: Highway
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632.4
  • Road Surface Type: Paved
  • Subdivision Name: Depoe Bay
  • Directions: Hwy 101 in Depoe Bay to property on the East.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1934
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Highway
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Mountain
  • General Property Description:_pound_ of Acres: 0.29
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 18700
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Flooring:Carpet: Yes
  • DeckPatio:Covered Patio: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Flooring:Tile2: Yes
  • Handicap Features:Level Entry: Yes
  • Gross Income: 40000.0
  • Outbuildings:Shop: Yes
  • HeatingCooling:Forced Air - Gas: Yes
  • General Property Description Senior Community YN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Window Features: Window Coverings
  • Handicap Features:Bath Modifications: Yes

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter
  • Other Structures: Workshop
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Open Parking Spaces: 10.0
  • General Property Description:Garage Type: Carport
  • General Property Description:Garage Stall: 2
  • External Features:Parking Spaces: 10.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Additional Parcels Description: Tax Lot 184000 included.
  • Parcel #: 091105CA-18700-00
  • Zoning: C-1 Commercial

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 40000.0

Tax Info

  • Tax Annual Amount: 4143.84
  • Tax Year: 2023

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

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 Price Changed $850,000 -5.5% $368 / Sq Ft
06/10/2025 06/10/25 Price Changed $899,000 -5.4% $389 / Sq Ft
02/04/2025 02/04/25 Price Changed $950,000 -5.0% $411 / Sq Ft
11/02/2024 11/02/24 Price Changed $999,900 -20.0% $433 / Sq Ft
08/04/2024 08/04/24 For Sale $1,250,000 -- $541 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

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

MLS Number: 24-1747