$320,000
- 3 Beds
- 2 Baths
- 1,816 Sq Ft
646 SE 8th St, Toledo, OR 97391
Jack Whaley Martek Real Estate
$320,000
646 SE 8th St, Toledo, OR 97391
Jack Whaley Martek Real Estate
Toledo, Oregon, is a small city situated at a bend of the Yaquina River, approximately 7 miles east of Newport. Known for its riverside lifestyle, Toledo offers opportunities for clamming, crabbing, and fishing in Yaquina Bay. The local economy includes boat repair businesses and a shipyard at the Port of Toledo, which also serves as a marina and park. The city boasts a vibrant arts community with a walkable downtown area featuring specialty shops, restaurants, art galleries, and studios. Homes in Toledo range from older cottages and ranch styles to newer custom builds and log cabins, with lot sizes varying from less than 10,000 square feet to over 5 acres. The Port of Toledo, recognized as a Certified Clean Marina, provides a boat launch, day-use area, paddle park, and waterfront park with a pavilion. Toledo's downtown area retains historic charm with early to mid-20th century buildings housing local shops and eateries like Toledo Coffee Depot, Timbers Restaurant and Lounge, Cobblestone Pizza Co., and Cafe 235. The Yaquina River Museum of Art, located in an old schoolhouse, hosts Art Toledo, an annual event on Labor Day weekend. Public education is provided by the Lincoln County School District, with Toledo Junior/Senior High School offering career and technical training. U.S. Route 20 and Oregon Route 229 are major highways serving the area, and Lincoln County Transit offers bus services to nearby communities.
On average, homes in Toledo, OR sell after 58 days on the market compared to the national average of 53 days. The median sale price for homes in Toledo, OR over the last 12 months is $325,000, down 7% from the median home sale price over the previous 12 months.