301 OTTER CREST LOOP #278-9OtterRock, OR97369

$199,900
2 bedrooms
2 bathrooms
944 sq. ft
Elementary School: Sam Case
Middle School: Newport
High School: Newport
111 days on market

VestorFilter™

Price per ft²$211.76/ft²
Recent price drop$20,100
Price per bedroom$100K/bed
Time on market111 days

Property Description

Step into your coastal paradise! Picture yourself sipping morning coffee on your private ocean facing deck soaking in the panoramic views of Otter Rock and the Pacific Ocean. Both units are newly updated- new appliances, freshly painted interiors, updated flooring and bathrooms. The studio unit includes a full bathroom with a modern designed walk-in shower. The second unit has a dining area, full bath and kitchen. Imagine the allure of sharing this coastal retreat with vacationers seeking an unforgettable getaway. With HOA dues covering utilities, exterior maintenance, and access to resort amenities including a refreshing pool and soothing hot tub, relaxation and enjoyment are guaranteed. The unique property allows for you to join the Otter Crest Resort rental system for income potential where housekeeping and property maintenance is provided as a service, or you can privately manage it as an STR. Conveniently located just minutes from the charming towns of Newport and Depoe Bay, and with direct beach access from the resort, adventure awaits at your doorstep.

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Financial Data

Date Sold2024-11-19
Sold Price$179,000
Price ChangeDropped $20,100 on 11/19/2024
Total $60,100 drop
Original Price$260,000
Current Price$199,900
Property Taxes$1,156
HOA Fee$1,424 / Monthly

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Home Facts

StatusSold
Year Built1972
Stories1
Interior Features
Exterior Features
MLS ID24681396