Real Estate Hotsheet

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

Advantage Real Estate

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

Newest Listings

12

Price Range

$189K to $350K

Communities

6

Property Types

2

September 2026 brings 12 newest qualifying listings to The $350K Coast, Oregon Coast homes priced at $350,000 or under across six Lincoln County communities. Prices run from $189,000 in Seal Rock to $350,000 in South Beach. Manufactured homes on owned land outnumber site-built homes this month, seven to five. Half of these listings have taken a price cut since they came on the market, ranging from $2,000 to $25,000. That is the clearest signal in this edition that sellers at the entry level are meeting the market rather than waiting it out. Depoe Bay and Toledo carry three listings each. Newport has none, which says most of what needs saying about where the affordable end of this county actually sits.

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

$259,000 | Depoe Bay | 3 Bed / 2 Bath | 1,512 Sq Ft | Manufactured on Owned Land

MLS# 26-2343 | Listed August 26, 2026 | 0.14 acres | Year Built: 1991 | Anchor Estates

A 1991 manufactured home on owned land in the heart of Depoe Bay, with one-level living, three bedrooms plus a den, and two full baths. It also has a separate dining room and a double garage, and the listing states it sells fully furnished.

Note: Sold as-is and cash only. No financing. Conduct all due diligence prior to submitting an offer.

Listing courtesy of Tamara L. Zimmerman, Taylor & Taylor Realty Company

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$350,000 | South Beach | 3 Bed / 2 Bath | 1,251 Sq Ft | Site-Built

MLS# 26-2250 | Listed August 13, 2026 | 0.28 acres | Year Built: 1981 | Surfland

A three-bedroom home on a wooded 0.28-acre lot in the Surfland neighborhood of South Beach, described in the listing as a residential community of roughly 120 homes. It sits at the ceiling of this report.

Note: HOA dues of $85. Confirm what the dues cover and any community rules before making an offer.

Listing courtesy of Nickolas Shivers, eXp Realty LLC

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$225,000 | Toledo | 1 Bed / 1 Bath | 540 Sq Ft | Manufactured on Owned Land

MLS# 26-2210 | Listed August 10, 2026 | 0.06 acres | Year Built: 2024 | Price reduced $25,000

A 2024 single-wide on owned land in Toledo, 540 square feet with luxury vinyl flooring and stainless appliances. The newest-built home in this report, and the largest price cut in it at $25,000.

Listing courtesy of Kylie Lynch, Premiere Property Group, LLC (Newport)

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$275,000 | Siletz | 3 Bed / 2 Bath | 1,404 Sq Ft | Manufactured on Owned Land

MLS# 26-2194 | Listed August 7, 2026 | 0.21 acres | Year Built: 1995

A three-bedroom home on two tax lots inside the city of Siletz, with a spacious floor plan and a large fenced yard. Two tax lots in a single sale is uncommon at this price.

Listing courtesy of Marin Elizabeth Bova, Coldwell Banker Professional Group - Lincoln City

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$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

A 1979 home on a quarter-acre lot in Siletz with three bedrooms, two baths, and room for a garden. The listing advertises an assumable loan at 2.75 percent, which is worth pricing out against a current mortgage before you rule the property in or out.

Listing courtesy of Cheryl Swan, Martek Real Estate

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$325,000 | Waldport | 2 Bed / 1 Bath | 927 Sq Ft | Site-Built

MLS# 26-2071 | Listed July 27, 2026 | 0.11 acres | Year Built: 1976 | Township 13 | Price reduced $14,000

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 carried $339,000 in the August edition of this report and is now $325,000.

Note: HOA dues of $45. Confirm what the dues cover before making an offer.

Listing courtesy of Julie Goss, Waldport Realty Co.

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$259,000 | Depoe Bay | 2 Bed / 1 Bath | 912 Sq Ft | Manufactured on Owned Land

MLS# 26-2051 | Listed July 24, 2026 | 0.11 acres | Year Built: 1979

A well-kept two-bedroom on owned land in the heart of Depoe Bay, built in 1979 and updated with wood laminate flooring. One of three Depoe Bay entries in this edition, the most of any community.

Listing courtesy of Mark A Shadrin, Berkshire Hathaway HSRE Professional Services - Salem

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

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

A 588-square-foot coastal cabin in Seal Rock with Highway 101 frontage and public beach access to the north and south. This is the lowest-priced entry in the report and it has eased $6,000 since it listed in June.

Listing courtesy of Nichole Anderson, Emerald Coast Realty - Waldport

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$285,000 | Waldport | 1 Bed / 1 Bath | 604 Sq Ft | Site-Built

MLS# 26-1545 | Listed June 3, 2026 | 0.12 acres | Year Built: 1940 | Price reduced $14,000

An updated 1940 beach cottage on a gently elevated lot in Waldport, with new flooring, updated kitchen and bathroom cabinetry, and bridge and bay views from the west side. The most recent price cut took $14,000 off.

Listing courtesy of Nichole Anderson, Emerald Coast Realty - Waldport

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$315,000 | Depoe Bay | 3 Bed / 2 Bath | 1,080 Sq Ft | Manufactured on Owned Land

MLS# 26-1427 | Listed May 25, 2026 | 0.13 acres | Year Built: 2021 | Price reduced $10,000

A 2021 manufactured home on owned land in the hills behind Depoe Bay, three beds and two baths with a covered front deck and low-maintenance landscaping. It has come down $10,000 since it listed in May.

Listing courtesy of Garett Chadney, The Broker Network, LLC

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$236,000 | Toledo | 3 Bed / 1 Bath | 1,828 Sq Ft | Site-Built

MLS# 26-1332 | Listed May 15, 2026 | 5.45 acres | Year Built: 1960 | Price reduced $2,000

A 1960 home on 5.45 wooded acres outside Toledo, set among old-growth trees, rhododendrons, and ferns with room for recreation and storage. This is both the largest parcel and the most square footage in the report.

Listing courtesy of Henry David Weiss, Advantage Real Estate

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$280,000 | Toledo | 3 Bed / 2 Bath | 1,188 Sq Ft | Manufactured on Owned Land

MLS# 26-1148 | Listed May 1, 2026 | 0.13 acres | Year Built: 1995 | Style: Ranch | Jone's - Toledo

A move-in ready 1995 home on owned land, tucked on a quiet dead-end street in Toledo a few blocks from the galleries and cafes of Historic Main Street. Vaulted ceilings and an open layout, with the three bedrooms split to opposite sides of the living area, plus an attached garage and private driveway.

Listing courtesy of Matthew Murray, Harcourts Coast Realty

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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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