Real Estate Hotsheet

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

Advantage Real Estate

About this report: The $350K Coast is a monthly report published by Advantage Real Estate tracking the newest 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 August 2026 edition.

Newest Listings

12

Price Range

$189K to $350K

Communities

9

Property Types

2

August 2026 brings a fresh slate of entry-level listings to The $350K Coast in Lincoln County. Twelve newest listings of Oregon Coast homes at $350,000 or under span nine communities, from Lincoln City, Neotsu, and Otis in the north to Toledo, Waldport, Siletz, Seal Rock, Newport, and Yachats. Prices run from $189,000 to $350,000, split between nine site-built homes and three manufactured homes on owned land. Buyers will find updated cottages, a Nye Beach studio, and a larger Yachats home to personalize, with five recent price cuts across the group.

Note: The listings below represent a point-in-time snapshot of the newest qualifying listings as of August 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.

$295,000 | Siletz | 3 Bed / 2 Bath | 1,344 Sq Ft | Manufactured on Owned Land

MLS# 26-2099 | Listed July 30, 2026 | 0.25 acres | Year Built: 1979 | Siletz River area

A single-level manufactured home on a quarter-acre lot in Siletz, with a pellet stove in the living room and a large den or dining room that opens to the back deck and yard. It sits close to the town library, store, and a picnic area on the Siletz River, with an easy drive to Newport. The listing notes a low assumable loan.

Listing courtesy of Cheryl Swan, Martek Real Estate

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$339,000 | Waldport | 2 Bed / 1 Bath | 927 Sq Ft | Site-Built

MLS# 26-2071 | Listed July 27, 2026 | 0.11 acres | Year Built: 1976 | Style: Ranch | Township 13

A two-bedroom ranch in the Township 13 area of Waldport, positioned above the flood and tsunami zones, with a masonry fireplace and a large backyard. It is close to schools, parks, and the golf course, and less than two miles from crabbing and fishing on Alsea Bay.

Listing courtesy of Julie Goss, Waldport Realty Co.

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$315,000 | Lincoln City | 2 Bed / 2 Bath | 1,248 Sq Ft | Manufactured on Owned Land

MLS# 26-1936 | Listed July 10, 2026 | 0.11 acres | Year Built: 1980 | Eagle Point

A manufactured home on owned land on a corner lot in the Eagle Point area of Lincoln City, a half-mile from the beach. Two bedroom suites each have a private bath, and the living room centers on a wood-burning fireplace. A new roof was installed in 2025, and the home is sold fully furnished.

Listing courtesy of Michael Kessinger, Premiere Property Group, LLC (Newport)

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$335,000 | Newport | Studio / 1 Bath | 588 Sq Ft | Site-Built

MLS# 26-1911 | Listed July 10, 2026 | 0.12 acres | Year Built: 2005 | Style: Cottage | Nye Beach

A 2005 studio cottage in Newport's Nye Beach neighborhood, blocks from the beach, restaurants, and galleries, with vaulted ceilings, skylights, and a built-in Murphy bed. The lot includes an insulated 10 by 20 she shed with electricity and a single-car garage. The listing notes possible ADU potential, subject to City of Newport approval.

Listing courtesy of Casey O'callaghan, Premiere Property Group, LLC (Newport)

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$350,000 | Yachats | 3 Bed / 3 Bath | 2,657 Sq Ft | Site-Built

MLS# 26-1813 | Listed July 1, 2026 | 0.67 acres | Year Built: 2001 | Style: Traditional | Crabapple Hill

A 2,657 square foot traditional home on 0.67 acres in Yachats, backing to Starr Creek, with vaulted ceilings, a wood-burning fireplace, and bonus and flex areas. Priced for a buyer ready to update and personalize a larger coastal property.

Listing courtesy of Christopher J Haveman, OPT

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$189,000 | Seal Rock | 1 Bed / 1 Bath | 588 Sq Ft | Site-Built

MLS# 26-1884 | Listed June 30, 2026 | Price reduced $6,000 | 0.23 acres | Year Built: 1957 | Style: Cabin

The lowest-priced entry this month, a 1957 coastal cabin on 0.23 acres in Seal Rock with Highway 101 frontage and a back deck, near public beach access to the north and south. An affordable property to update for a getaway or full-time coastal living.

Listing courtesy of Nichole Anderson, Emerald Coast Realty - Waldport

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$345,000 | Toledo | 2 Bed / 2 Bath | 840 Sq Ft | Site-Built

MLS# 26-1729 | Listed June 20, 2026 | 0.06 acres | Year Built: 2022 | Style: Craftsman | No HOA

A 2022 craftsman in a small Toledo neighborhood with no HOA, vaulted ceilings, stainless appliances, butcher block counters, and a ductless heat pump. Fully fenced, with a finished backyard workshop and a large concrete driveway.

Listing courtesy of Matt Moore, Elkhorn Real Estate

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$335,000 | Toledo | 3 Bed / 1 Bath | 1,120 Sq Ft | Site-Built

MLS# 26-1708 | Listed June 19, 2026 | 0.11 acres | Year Built: 1940 | Style: Traditional | Corner Lot

A 1940 home on a corner lot near downtown Toledo, newly updated with a new roof, flooring, windows, paint, granite counters, and a new sewer line. Three bedrooms, an open-concept main level, and a finished basement; the listing agent is related to the sellers.

Listing courtesy of Alexandra Underhill, Martek Real Estate

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$350,000 | Neotsu | 2 Bed / 1 Bath | 675 Sq Ft | Site-Built

MLS# 26-1680 | Listed June 18, 2026 | Price reduced $10,000 | 0.11 acres | Year Built: 1970 | Style: Cottage | Devil's Lake views

A one-level lakeview cottage in the Lakeview area of Neotsu, with an open floor plan, vaulted ceiling, gas stove, and views of Devil's Lake from the living room and kitchen. A 260 square foot deck, a 120 square foot finished art studio or shop with zoned heat and laundry, and a garden shed round out the lot. A new roof is noted, and the listing states no owner-carry or wraparound terms.

Listing courtesy of Sara Bell, Premiere Property Group, LLC (Newport)

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$314,999 | Waldport | 3 Bed / 2 Bath | 1,296 Sq Ft | Manufactured on Owned Land

MLS# 26-1629 | Listed June 12, 2026 | Price reduced $10,000 | 0.23 acres | Year Built: 1989

A single-level home on a private 0.23-acre lot in Waldport, just down the street from beach access, with a sunroom, utility room, and mature fruit trees. Maintained by its original owner, with a newer roof, covered porch, and ramped entry.

Listing courtesy of Eddie Townsend, Oregon Life Homes

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$269,500 | Otis | 1 Bed / 1 Bath | 704 Sq Ft | Site-Built

MLS# 26-1641 | Listed June 10, 2026 | Price reduced $10,000 | 0.13 acres | Year Built: 1996 | Style: Cottage | Panther Creek

A stick-built cottage in the Panther Creek area of Otis, updated and move-in ready with new LVP flooring, fresh paint, new appliances, and a septic tank installed in 2024. One bedroom plus a versatile loft, a custom handcrafted barn door, and a fenced yard with boat and RV parking.

Listing courtesy of Heather Lea Jordan, Taylor & Taylor Realty Company

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$315,000 | Lincoln City | 1 Bed / 1 Bath | 688 Sq Ft | Site-Built

MLS# 26-1595 | Listed June 8, 2026 | Price reduced $15,000 | 0.07 acres | Year Built: 1940 | Style: Ranch

A 1940 ranch in central Lincoln City with an open living area, a bonus room, and a wood-burning stove, close to shops and beaches with room to park an RV or boat. A recent long-term rental for buyers weighing an investment.

Listing courtesy of Michelle Barnes, Taylor & Taylor Realty Company

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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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