4850 SE 51st Street, Lincoln City, OR 97367 | MLS #LC-104891 | Cascade Hasson Sotheby’s International Realty

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Listing provided courtesy of Taylor & Taylor Realty CompanyMLS# LC-104891MLS ProviderSource MLS Verified
  • 188 days on site
  • 17 views

Fantastic opportunity to live and work in one location! Situated in an up-and-coming area, this property offers a public park under construction across the street and beautiful Schooner Creek along the back with a 70 ft deck overlooking a serene playground for Eagles & Egrets along the Creek. Large windows frame the scenic views. The basement houses a 3 bay garage and shop, plus a 2-bay carport can support cars, SUV's, Boats or a Motorhome. GC (General Commercial) zoning can be used for creative enterprises blending in with the burgeoning art center, photography, glassblowing and food courts plus pier fishing and crabbing nearby. Endless possibilities await, including use a Vacation Rental.

Source: Tillamook MLS, MLS#: LC-104891

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  • Property Type
    Residential
  • Lot
    0.23 acres

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  • Median Age
    55
  • Population Density
    231
  • College Educated
    35%
  • Estimated Median Income
    $46,563
  • Estimated Total Home Owners
    2,808
  • Estimated Total Renters
    1,706
  • Owner / Renter Divide
    62% / 38%
  • Estimated Average Household Size
    2
  • Total Population
    10,023
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
6/24/2026Source: Tillamook MLS Price Increase
$498,950 1.2%
6/24/2026Source: Tillamook MLS Status Change
Active
6/11/2026Source: Tillamook MLS Status Change
Accepting Backup Offers
6/2/2026Source: Tillamook MLS Price Reduction
$492,950 -7.0%
5/2/2026Source: Tillamook MLS Price Reduction
$529,900 -5.8%
3/28/2026Source: Tillamook MLS Price Reduction
$562,500 -4.6%
1/16/2026Source: Tillamook MLS Price Reduction
$589,900 -3.7%
1/5/2026Source: Tillamook MLS Price Reduction
$612,500 -1.1%
1/5/2026Source: Tillamook MLS Added to Database
September 19, 2025