
5188 S Summer Place Lincoln City, OR 97367
Estimated payment $2,287/month
Highlights
- Popular Property
- River View
- Wood Burning Stove
- RV Access or Parking
- Deck
- Vaulted Ceiling
About This Home
Don't miss this unique opportunity to own a slice of riverfront paradise on a sunny, open bend of the beautiful Siletz River in Lincoln City, Oregon. This rare offering includes two separate tax lots totaling nearly half an acre—perfect for full-time living, a weekend retreat, or a future investment. The 2-bedroom, 1.5-bath home sits on a 0.23-acre lot and features an attached 1-car garage, a newly resurfaced deck with fresh flooring, updated interior flooring, and a newly installed septic system. The full bathroom is located upstairs, with a convenient half bath on the main level. The adjacent 0.25-acre lot is fully equipped with electricity and water, making it ideal for RV parking or potential future use.Step out to your private, removable dock and enjoy fishing or boating right from your backyard. The home is located on one of the most desirable stretches of the river, known for its sunshine and serene viewsperfect for relaxing or entertaining. Please note: With utilities on both lots and direct river access, this one-of-a-kind property offers exceptional value and versatility. Don't let this opportunity float away!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,514
Year Built
- Built in 1971
Lot Details
- 0.48 Acre Lot
- River Front
- Property is zoned R-1 A
Parking
- 1 Car Attached Garage
- Driveway
- RV Access or Parking
Property Views
- River
- Woods
Home Design
- Slab Foundation
- Composition Roof
- Plywood Siding Panel T1-11
Interior Spaces
- 1,432 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Wood Burning Stove
- Wood Burning Fireplace
- Family Room
- Living Room
- Dining Room
- Free-Standing Range
- Washer and Dryer
Flooring
- Wall to Wall Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
Outdoor Features
- Deck
- Patio
Schools
- Oceanlake Elementary School
- Taft Middle School
- Taft High School
Utilities
- Ductless Heating Or Cooling System
- Heat Pump System
- Baseboard Heating
- Well
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R278131
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,937 | $183,070 | -- | -- |
2023 | $1,876 | $177,740 | $0 | $0 |
2022 | $1,819 | $172,570 | $0 | $0 |
2021 | $1,776 | $167,550 | $0 | $0 |
2020 | $1,745 | $162,670 | $0 | $0 |
2019 | $1,674 | $157,940 | $0 | $0 |
2018 | $1,351 | $129,400 | $0 | $0 |
2017 | $1,317 | $126,380 | $0 | $0 |
2016 | $1,178 | $112,130 | $0 | $0 |
2015 | $1,410 | $135,510 | $0 | $0 |
2014 | -- | $153,340 | $0 | $0 |
2013 | -- | $148,880 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/04/2025 07/04/25 | Price Changed | $375,000 | -11.7% | $262 / Sq Ft |
06/07/2025 06/07/25 | For Sale | $424,900 | +49.3% | $297 / Sq Ft |
07/21/2022 07/21/22 | Sold | $284,585 | -5.1% | $199 / Sq Ft |
06/18/2022 06/18/22 | Pending | -- | -- | -- |
06/15/2022 06/15/22 | For Sale | $299,900 | +233.2% | $209 / Sq Ft |
06/15/2015 06/15/15 | Sold | $90,000 | -9.1% | $63 / Sq Ft |
06/01/2015 06/01/15 | Pending | -- | -- | -- |
04/23/2015 04/23/15 | For Sale | $99,000 | -- | $69 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $284,585 | None Listed On Document | |
Warranty Deed | $90,000 | Western Title & Escrow |
Similar Homes in Lincoln City, OR
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 155833150

APN: R278131
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