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The $350K Coast | Lincoln County, Oregon | May 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 May 2026 edition.

Active Listings

Price Range

$175K–$350K

Communities

Property Types

Lincoln County's entry-level residential market on the Oregon Coast shows 12 active listings at $350,000 or under as of May 2026, spanning six communities from Logsden and Toledo inland to Lincoln City, South Beach, Newport, and Waldport along the coast. Prices range from $175,000 to $350,000, with site-built homes and manufactured homes on owned land splitting evenly at six each. Lincoln City accounts for four of the twelve listings, the heaviest concentration in this report, while Toledo and Newport each contribute two. Four of the twelve listings carry cash-only or as-is sale conditions, a notably high share that reflects a pattern of older or fixer-priced inventory entering the market this month alongside well-maintained move-in ready options at the mid-range and upper end of the tier.

Note: The listings below represent a point-in-time snapshot of active properties as of May 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.

$320,000 | Toledo | 3 Bed / 2 Bath | 1,188 Sq Ft | Manufactured on Owned Land

Manufactured home on a quiet dead-end street in Toledo's Jones subdivision, two blocks from Historic Main Street galleries and shops. Open-concept layout with vaulted ceilings, primary suite with jacuzzi jetted tub and walk-in closet, tile countertops, full appliance package, in-unit laundry, and an attached single-car garage.

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$295,000 | Lincoln City | 3 Bed / 2 Bath | 1,392 Sq Ft | Manufactured on Owned Land

1991 single-wide with addition on a double lot in Lincoln City's Eagle Point neighborhood, on a dead-end street with off-street parking and a garden shed. Close to outlet shopping and services. Needs TLC and is priced to reflect that.

Note: Sold as-is. Buyers should conduct thorough inspections prior to submitting an offer.

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$285,000 | South Beach | 1 Bed / 1 Bath | 772 Sq Ft | Site-Built

1952 cottage on a 0.34-acre wooded level lot in South Beach's Surfland community, with private trail access to the beach. Attached covered carport, additional parking, and community trail amenity. Private and secluded setting close to Newport services.

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

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$175,000 | Logsden | 2 Bed / 2 Bath | 768 Sq Ft | Manufactured on Owned Land

MLS# 26-1112 | Listed April 29, 2026 | 0.44 acres | Year Built: 1972 | Zoning: R-1

Manufactured home on a level 0.44-acre private lot in Logsden near Moonshine Park, approximately 2.5 miles from Siletz River park and fishing access. Heat pump, metal roof, RV and drift boat parking. Currently rented at $1,400 per month with the tenant in place.

Note: Property is currently tenant-occupied. Showings require 24-hour advance notice. Verify lease terms and tenant status with the listing agent prior to scheduling.

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$255,000 | Lincoln City | 2 Bed / 1 Bath | 618 Sq Ft | Site-Built

1948 cottage in Lincoln City's Roosevelt by the Sea subdivision on an oversized level lot. Open-concept living area with vaulted ceilings, sliders from both bedrooms to the yard, and off-street parking. Walking distance to the beach, outlet mall, library, and groceries. Needs some updating.

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$285,000 | Newport | 2 Bed / 2 Bath | 1,248 Sq Ft | Manufactured on Owned Land

Updated manufactured home in Newport's Pacific Homes Beach Club with renovated kitchen, gas fireplace, new garage door, and roof and windows replaced in 2022. Community trail leads under Highway 101 to Agate Beach. Residents have access to a heated indoor pool, clubhouse, and fitness center.

Note: Pacific Homes Beach Club is a gated 55+ community. HOA is $175 per month and includes water and sewer. Sale requires cash or 1031 exchange only. No vacation rentals permitted. Verify age eligibility, ownership structure, and all HOA covenants with the listing agent before proceeding.

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$209,000 | Toledo | 3 Bed / 2 Bath | 966 Sq Ft | Site-Built

1940 traditional home on a 0.24-acre treed lot on a road-end street in Toledo. Livable while plumbing and electrical upgrades are addressed. Pellet stove, oversized single garage, detached building with three utility rooms, front and rear yard space.

Note: Sold as-is. Cash only. Plumbing and electrical upgrades needed. Conduct full inspections before proceeding.

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$229,000 | South Beach | 1 Bed / 1 Bath | 970 Sq Ft | Site-Built

1985 cottage on a corner lot in South Beach's Surfland community, bordering wetlands near the Yaquina Bay Bridge. Sunken living room with wood stove and hot tub, RV parking, off-street parking. Secluded end-of-road setting.

Note: Sold as-is. Cash only. Zoning is listed as I-P Planned Industrial. Verify permitted residential uses and any applicable conditions with your agent and the relevant county or city planning office before proceeding.

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$314,000 | Waldport | 2 Bed / 1 Bath | 864 Sq Ft | Site-Built

1955 cottage directly across from Governor Patterson Memorial State Park beach access in Waldport. New roof 2023, Hardie fiber cement siding, original wood floors, EPA-certified wood stove, single-car garage with alley access and RV parking. Remodeled in 1999 with an updated kitchen and dining nook. No HOA, lower county taxes.

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$350,000 | Lincoln City | 2 Bed / 2 Bath | 2,198 Sq Ft | Manufactured on Owned Land

1996 manufactured home in the Sunridge by the Lake subdivision on the north end of Lincoln City, offering 2,198 square feet with an open-concept layout, primary suite, office or flex room, and a 2-car attached garage. Roof approximately 3 years old, newer water heater, fully fenced backyard. Fireplace is currently non-operational.

Note: HOA fee is $115 per quarter ($38 per month). Verify HOA covenants and restrictions with the listing agent before proceeding.

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$335,000 | Newport | 1 Bed / 1 Bath | 738 Sq Ft | Site-Built

1965 cottage two blocks from direct ocean access in Newport's north Agate Beach neighborhood, west of Highway 101. Metal roof, vaulted ceilings, fully refreshed interior, 200 sq ft finished outbuilding with LVP flooring and electricity, greenhouse, and a fully fenced backyard with deck. No HOA.

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$239,000 | Lincoln City | 2 Bed / 2 Bath | 1,344 Sq Ft | Manufactured on Owned Land

Manufactured home in Lincoln City's Fun River community with natural gas, wood-burning stove, formal dining room, covered deck with gas hookup, RV parking, carport, and storage shed. River access nearby for fishing and kayaking. Home is elevated within the floodplain.

Note: Property is located in a floodplain. The home is elevated. Sewer is not available at this location. Verify the waste disposal system (septic or other) and any flood insurance requirements with your agent and lender 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

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.

Posted by Advantage Real Estate on May 5th, 2026

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

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

$320,000 | Toledo | 3 Bed / 2 Bath | 1,188 Sq Ft | Manufactured on Owned Land

$295,000 | Lincoln City | 3 Bed / 2 Bath | 1,392 Sq Ft | Manufactured on Owned Land

$285,000 | South Beach | 1 Bed / 1 Bath | 772 Sq Ft | Site-Built

$175,000 | Logsden | 2 Bed / 2 Bath | 768 Sq Ft | Manufactured on Owned Land

$255,000 | Lincoln City | 2 Bed / 1 Bath | 618 Sq Ft | Site-Built

$285,000 | Newport | 2 Bed / 2 Bath | 1,248 Sq Ft | Manufactured on Owned Land

$209,000 | Toledo | 3 Bed / 2 Bath | 966 Sq Ft | Site-Built

$229,000 | South Beach | 1 Bed / 1 Bath | 970 Sq Ft | Site-Built

$314,000 | Waldport | 2 Bed / 1 Bath | 864 Sq Ft | Site-Built

$350,000 | Lincoln City | 2 Bed / 2 Bath | 2,198 Sq Ft | Manufactured on Owned Land

$335,000 | Newport | 1 Bed / 1 Bath | 738 Sq Ft | Site-Built

$239,000 | Lincoln City | 2 Bed / 2 Bath | 1,344 Sq Ft | Manufactured on Owned Land

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