301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 (MLS:20-829)

Condo Or Town Home

Updated by Martek Real Estate,

Property Description 

Expansive Ocean view! This 2 bedroom, 2.5 bath, fully furnished loft condo is situated at the top of the hill and offers a panoramic view of the Pacific Ocean, Gull Rock, Yaquina Head lighthouse, coastal forest and feeding whales, when they’re in the area. This bright, updated unit offers a full kitchen, living/dining room with fireplace and west wall of windows with a sliding door to the large deck. Main floor bedroom has a full bath, an added window and a wall of windows with sliding door to deck plus there’s a loft bedroom and full bath. This condo sleeps up to 10 people and includes a comfortable premium queen American Leather sofa bed. It has been in the rental program for more than 27 years and, over the past eight years, it has averaged $16,500 income to owner each year. The. . . Inn at Otter Crest is an ocean front resort property. Amenities include: 35 wooded acres with walking paths, private beach access to Marine Gardens protected beach, heated ocean front swimming pool and hot tub, jetted spa tub, men’s and women’s saunas, on-site restaurant and conference center, tennis court, exercise room, children’s playground and more. Association dues include: electricity, water, sewer, garbage, local phone, wifi, cable TV, upkeep of grounds, common areas and building exteriors, use of all amenities, front desk service, bell cart service, HOA administration, taxes on the land, insurance on the property as a whole and a reserve fund. The reserve fund is budgeted based on a 30-year reserve study which is updated at regular intervals.

301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - View from deck301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - View from deck
301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - View - left301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - View - middle301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - View - right301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Yaquina Head lighthouse (zoomed in)301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Gull Rock (zoomed in)301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Kitchen301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Kitchen to dining area301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Half bath off kitchen301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Living/dining to deck301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Ocean view living area301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Dining area301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Living/dining to kitchen301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Living area301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Living area301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Loft bedroom & sitting area301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Loft bedroom to full bath301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Full bath in loft301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Loft bedroom301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Loft bedroom301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - View from deck301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Forest view301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Forest and ocean view301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Ocean view with Gull Rock301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Bedroom to deck301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - View from bed301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Bedroom301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Bedroom301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Full bath off bedroom301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Building W301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Otter Crest swing seat301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Children's playground301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Swimming pool301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Marine Gardens beach at Otter Crest
301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - View - left301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - View - middle301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - View - right301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Yaquina Head lighthouse (zoomed in)301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Gull Rock (zoomed in)301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Kitchen301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Kitchen to dining area301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Half bath off kitchen301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Living/dining to deck301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Ocean view living area301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Dining area301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Living/dining to kitchen301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Living area301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Living area301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Loft bedroom & sitting area301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Loft bedroom to full bath301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Full bath in loft301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Loft bedroom301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Loft bedroom301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - View from deck301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Forest view301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Forest and ocean view301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Ocean view with Gull Rock301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Bedroom to deck301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - View from bed301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Bedroom301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Bedroom301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Full bath off bedroom301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Building W301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Otter Crest swing seat301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Children's playground301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Swimming pool301 Otter Crest Dr, 404-405, Otter Rock, OR 97369 - Marine Gardens beach at Otter Crest
  • Status Pending - Contingencies 
  • City Otter Rock 
  • County Lincoln 
  • State Oregon 
  • Major Area NOTT - Otter Rock 
  • Area NOTT - Otter Rock 
  • Subdivision Inn at Otter Crest 
  • Parcel Number 09113200-90404-00 
  • U.S. Highway 101 West Side 
  • Property Type Condo or Town Home 
  • Style Condo 
  • Primary View Ocean 
  • Secondary View Forest 
  • Bedrooms
  • Bathrooms
  • Basement No 
  • Ceiling Flat, Vaulted 
  • Flooring Carpet, Other 
  • Furnished Yes 
  • Heating/Cooling Electric Wall/Zone 
  • Water Heater Electric 
  • Garage Type None 
  • Street Surface Paved 
  • Roof Metal/Aluminum 
  • Siding Cedar 
  • Foundation Pilings 
  • Outbuildings None 
  • Total Square Feet 1,667 
  • Year Built 1972 
  • Lot Type Common or Condominium 
  • Frontage None 
  • Zoning C-T Tourist Commercial 
  • Water Community 
  • Sewer Community 
  • Electric On Property 
  • Gas None 
  • Bank/Lender Owned No 
  • Seller's Terms Cash 
  • Price $235,000 
  • Taxes $1,742 
  • Tax Year 2019 
  • HOA Fee $1143  
  • HOA Fee Inclusions Electric - Unit, Garbage - Unit, Insurance - General, Internet - Unit, Maintenance - Common Area, Operating Expenses, Property Tax - Common Area, Reserves, Sewer - Unit, Telephone - Unit, TV - Unit, Utilities - Common Area, Water - Unit, front desk, bell cart service 
  • MLS Number 20-829 
  • Phone Number (541) 265-8785 
  • Directions Highway 101 to Otter Rock / Otter Crest Loop Rd turn off. Follow Otter Crest Loop Rd to Inn at Otter Crest entrance. Park in one of the lots east of the lobby. Unit 404-405 is in Building W. 
  • Cross Street Otter Crest Loop Rd 

John L Scott Newport is the listing office. Call Martek Real Estate at (541) 265-8785 to see this property or obtain more information.