Real Estate Hotsheet

The $350K Coast | Lincoln County, Oregon | April 2026

Advantage Real Estate

About this report: The $350K Coast is a monthly report published by Advantage Real Estate tracking active residential listings priced at $350,000 or under across Lincoln County on the Oregon Coast. It is updated each month and covers all communities in Lincoln County from Lincoln City and Depoe Bay in the north to Newport, Waldport, and Yachats in the south. The report includes site-built homes and manufactured homes on owned land. Condos, park-model manufactured homes, and pending listings are excluded. This is the April 2026 edition.

Active Listings

12

Price Range

$150K to $349K

Communities

7

Property Types

2

Affordable Oregon Coast real estate in Lincoln County shows solid entry-level inventory heading into spring 2026, with 12 active listings priced between $150,000 and $349,000 as of April 2026. The collection spans seven communities, with a notable concentration of three listings in Toledo and two in Newport, and the remaining seven spread across Gleneden Beach, Depoe Bay, South Beach, Lincoln City, Siletz, and Otis. Pricing clusters noticeably in the $299,000 to $330,000 range, where six of the twelve listings fall, suggesting that mid-range demand in this tier is holding steady. The property type split is seven site-built homes to five manufactured homes on owned land. Three listings carry special condition flags: one bank-owned REO sold as-is, one showing Active Under Contract status, and one located within a 55-plus gated community with a mandatory HOA.

Note: The listings below represent a point-in-time snapshot of active properties as of April 2026. This is not an endorsement of any specific listing or listing agent. Always verify current status with a licensed real estate broker before making any decisions.

$210,000 | Toledo | 2 Bed / 1 Bath | 1,038 Sq Ft | Site-Built

MLS# 26-851 | Listed April 3, 2026 | 2.27 acres | Year Built: 1940 | Style: Ranch

Ranch-style home on 2.27 acres on the outskirts of Toledo, approximately 10 minutes to Newport. Includes a detached shop with its own living space and bathroom, multiple sheds, and electric fireplace insert. Priced below Lincoln County assessed value.

Note: Bank-owned / REO. Sold as-is. Property was built prior to 1978. Lead-based paint may exist. Review REO instructions before submitting an offer. Property may qualify for seller/vendee financing. Verify with listing agent.

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$349,000 | Neotsu | 1 Bed / 1 Bath | 1,116 Sq Ft | Site-Built

MLS# 26-824 | Listed April 2, 2026 | 0.11 acres | Year Built: 1950 | Style: Craftsman

Updated single-level craftsman in the Lakeview subdivision of Neotsu with lake views and a rooftop deck. New roof completed 2025, gas fireplace, original hardwood floors, open kitchen with breakfast bar. About 3 miles from ocean beaches and minutes from Devils Lake access.

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$300,000 | Newport | 3 Bed / 1 Bath | 972 Sq Ft | Site-Built

MLS# 26-821 | Listed April 2, 2026 | 0.33 acres | Year Built: 1940 | Zoning: R-2

Three-bedroom home on a third-acre lot approximately one mile from the beach, with floor-to-ceiling windows, a wood-burning stove, and a wraparound front deck. Metal roof (4 years old), mini-split heating and cooling, one-car garage plus large carport.

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$345,000 | Depoe Bay | 2 Bed / 2 Bath | 726 Sq Ft | Site-Built

MLS# 26-801 | Listed April 1, 2026 | 0.11 acres | Year Built: 1930 | Style: Cottage

1930 cottage a few blocks from Depoe Bay's harbor and downtown, with a peek of the harbor and a large backyard. HardiPlank siding, double pane windows, concrete perimeter foundation, one-car garage. Convenient to whale watching access, the marina, and local shops.

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$305,000 | Gleneden Beach | 2 Bed / 1 Bath | 888 Sq Ft | Site-Built

MLS# 26-725 | Listed March 26, 2026 | 0.11 acres | Year Built: 1950 | Style: Cottage

Two-bedroom cottage with a bonus room on a level lot in Gleneden Beach, close to the beach and within proximity to Salishan Golf Resort. Gas fireplace, newer vinyl flooring, beamed ceilings. Quiet community setting with raised garden beds.

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$150,000 | South Beach | 2 Bed / 2 Bath | 938 Sq Ft | Manufactured on Owned Land

MLS# 26-637 | Listed March 17, 2026 | 0.19 acres | Year Built: 1977 | Zoning: R-1

Manufactured home on fee-simple land in the Pacific Shores subdivision of South Beach, configured as two separate 1-bed / 1-bath dwellings each with its own kitchen. Community beach access and a large storage shed on site.

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$279,900 | Lincoln City | 1 Bed / 1 Bath | 480 Sq Ft | Site-Built

MLS# 26-614 | Listed March 15, 2026 | 0.10 acres | Year Built: 1995 | Zoning: R-1

Efficient 480-square-foot single-level home in the Wecoma Beach area of Lincoln City, with a ductless mini-split, updated appliances, in-home laundry, two RV hookups, and a fully fenced yard. Less than one mile from Devils Lake and close to beaches and Lincoln City services.

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$299,900 | Siletz | 3 Bed / 2 Bath | 1,344 Sq Ft | Manufactured on Owned Land

MLS# 26-544 | Listed March 9, 2026 | 0.11 acres | Year Built: 1982 | Zoning: S-R Single Family

Three-bedroom manufactured home on fee-simple land in Siletz with an open floor plan, flooring updated in 2020, bonus room with plumbing, and a fully fenced yard. Walking distance to local school, grocery store, and library.

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$330,000 | Toledo | 3 Bed / 2 Bath | 1,296 Sq Ft | Manufactured on Owned Land

MLS# 26-522 | Listed March 6, 2026 | 0.14 acres | Year Built: 1999 | Zoning: R-G General

Manufactured home on fee-simple land in Toledo's Kriz Acres subdivision with wetland and slough views from the back deck. Newer roof, 2-car garage, walk-in closet. Minutes from downtown Toledo and a short drive to Newport.

Note: This listing shows a status of Active Under Contract on the MLS. A backup offer may be possible. Verify current availability with a broker before proceeding.

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$325,000 | Toledo | 2 Bed / 1 Bath | 872 Sq Ft | Site-Built

MLS# 26-472 | Listed March 5, 2026 | 0.12 acres | Year Built: 1924 | Style: Traditional

Traditional home in central Toledo updated in 2021 and 2022 with new paint, stainless appliances, new roof, new foundation, and updated flooring. Long driveway, large utility room, open living and dining area, and a front deck. Close to the community pool and library.

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$299,999 | Otis | 3 Bed / 2 Bath | 1,080 Sq Ft | Manufactured on Owned Land

MLS# 26-473 | Listed March 4, 2026 | 0.33 acres | Year Built: 1996 | Zoning: Other, see remarks

1996 manufactured home on a third-acre level lot in Otis with a functional layout, ample kitchen cabinetry, and vinyl windows. A short drive to Lincoln City beaches, shopping, and dining.

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$189,900 | Newport | 2 Bed / 2 Bath | 960 Sq Ft | Manufactured on Owned Land

MLS# 26-453 | Listed March 2, 2026 | 0.12 acres | Year Built: 1980 | Zoning: R-4

Manufactured home on fee-simple land in Newport's Pacific Homes Beach Club with a 640-square-foot attached two-car garage that includes hobby and storage space. Single-level, eat-in kitchen, in-unit laundry, backyard patio. Sold as-is. Minutes from Newport beaches and services.

Note: This property is located within a gated 55+ community (Pacific Homes Beach Club) with a mandatory HOA fee of $155 per month. Age restrictions and HOA covenants apply. Verify eligibility and all terms with the listing agent before proceeding.

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See something that fits your budget? Our team can help you explore any of these properties and guide you through the buying process. Contact Advantage Real Estate

Thinking about selling a home in this price range? We can provide a current market valuation and discuss your options. Talk to our team

Homes priced at $350,000 and under are the most affordable part of the Lincoln County market and among the most competitive, drawing first-time buyers, downsizers, and investors to a thin pool of inventory. Advantage Real Estate has followed this market from its Newport office since 2000. Looking for a house under $350,000 on the Oregon Coast? Connect with a local Advantage Real Estate broker.

Meet the full Advantage Real Estate team

Listing data sourced from the Lincoln County Multiple Listing Service. Information is deemed reliable but is not guaranteed. All listings are the property of their respective listing brokers. Inventory changes daily. Verify current status before making any decisions.

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