Price Reduction
Address
5055 Terrace Court Nw, Waldport, OR
Price
$ 600,000
Property Attributes
  • MLS#LC104265
  • TypeSingle Family
  • Listing Status Active
  • CountyLINCOLN
  • CityWaldport
  • NeighborhoodOcean View Terrace
  • Zip97394
  • StyleRanch
  • Year Built1999
  • Taxes$ 5000
  • Price$ 600,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1576
  • Lot Size0.9 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property Description

Privately located on an oversized parcel close to the beach and surrounded by trees, this custom home offers comfort, versatility, and exceptional shop space. The custom 36x40 two-bay shop is ideal for RV or boat storage, hobbies, projects, or additional workspace. It is fully insulated and secure, with a large workshop area and overhead storage. Additional parking is available beside the shop and near the home. Inside, the home features vaulted ceilings, abundant natural light, and an open living design. The efficient kitchen offers granite counters and a garden window, along with a spacious laundry, craft, and pantry area. Additional features include a central vacuum, a Ring camera, and an attached oversized two-car garage. The primary suite includes a jetted tub, a walk-in closet, a step-in shower, and access to the covered porch, where you can enjoy beautiful sunsets. The grounds feature raised garden beds, a covered hot tub pergola, a fenced yard for pets, a fire pit, and more. Well-maintained, conveniently located, and move-in ready.

Price History
12/29/2025 Listed $775,000
3/16/2026 6$735,000
4/23/2026 5$699,000
5/14/2026 8$650,000
9/21/2026 8$600,000

General Features

Heating Electric
Cooling Ductless,Heat Pump
Utilities Electricity Connected,Natural Gas Not Available,Water Available
Possession Close Of Escrow
Roof Composition
Appliances Dishwasher,Electric Oven,Electric Range,Microwave,Water Heater,Refrigerator
Zoning R-1 Residential,Single Family
HOA Fee 300.0
Garage Spaces 2.0
Association Fee Includes Maintenance Grounds
Patio/Porch Features Covered Porch
Architectural Style Ranch
Year Built 1999
Property Subtype Single Family Residence
Tax Year 2024
Assoc Fee Paid Per Annually
County Lincoln
Property Type Residential
HOA Yes
Attached Garage No
Subdivision Name Ocean View Terrace
Garage Y/N Yes
Other Structures Pergola
Total Rooms 9
Status Active
Directions North of Waldport on Hwy 101 to Terrace,to Terrace Ct. to address
City Waldport
Senior Community Y/N No
Lot Size Units Acres
Lot Size Square Feet 39204.0
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 5000.72
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://player.vimeo.com/video/1124890552?badge=0&autopause=0&player_id=0&app_id=58479
Standard Status Active
Year Built Source Assessor
AttributionContact (541) 265-2200

Interior Features

Interior Amenities Vaulted Ceilings
Flooring Tile,Wood
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Window Treatments
Fireplace Y/N No
Above Grade Finished Area 1576.0
Total Bedrooms 3
Below Grade Finished Area 0.0
Total Baths 2

Exterior Features

Parking Features Attached Garage,RV Access/Parking
Lot Features Irregular Lot
Water Source Public
Lot Size Area 0.9
Foundation Details Slab
Spa No
Building Area Total 1576.0
Lot Size Acres 0.9
Road Surface Type Paved
Road Frontage Type County Road
Crops Included Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97394

Price
AVG $500K
$600K
Taxes
AVG $5,504
$5,000
Year Built
AVG 1987
1999
Visits
AVG 45
63
Data Provided by Inside Real Estate®

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