Oregon Coast Real Estate Watch: Finding Oceanfront Property
property above the ocean with mountain and sea views, Manzanita
By David Timme,
BeachConnection.net Real Estate Columnist
Oceanfront properties for sale,
while limited, are still available on the Central Oregon Coast. A number
of properties meeting the beachfront criteria are still available for
well under the magic million-dollar price tag.
way to initially find these rare properties is on the Internet at www.realtor.com.
While, the designation "Oceanfront" does not exist on the Realtor.com
search engine, there is a search listing for "Waterfront" property.
This is a broader listing for all properties with water frontage - stream,
river, lake, bay, or ocean. A Realtor.com search in Northern California
coastal communities returns only a handful of oceanfront properties, (waterfront),
almost all of them over the million dollar mark. They are scarce and pricey.
Generally the Oregon properties are more plentiful and much less expensive.
Is Oregon in an Oceanfront
property market that is still generally undervalued and disappearing?
You Looking For Coastal Property?
Let me help you find property in Lincoln
County - beach, city or country
David Timme, Owner/Broker,
GRI, e-PRO, RECS cell 541-961-8025
Coastal Oregon Real Estate Sales
836 SW Bay Boulevard Newport, Oregon
Office Phone 541 574 0096 x 11
Office FAX 541 574 0402
Realtor.com is the
official site of the National Association of Realtors. On this one site
appear abbreviated listings taken periodically from all the Multiple Listing
Services across the entire United States. A search can be performed on
this one site and properties of interest can be located and can then be
inquired about by a phone call to the Real Estate office referenced in
the listing and the Realtor that has listed the property. Once the Realtor
is contacted, much more detail is available and can be e-mailed or snail-mailed
to you for your information.
The price put on a
property is the result of what the Seller feels the property is worth
in its current condition and what is believed a willing buyer will pay
to have ownership of that property. The price will reflect all the things
the owner knows needs to be done to make the property ready to sell. Maybe
a new roof is needed, maybe a new coat of paint inside and out, or a property
survey. These things all have dollar value price tags and will have been
adjusted for in the offering price.
A prospective buyer
comes along and immediately starts taking the cost of fixing the roof,
re-painting insides and out, or surveying the property, off of the list
price that has already been reduced to allow for these expenses. This
starts the negotiating process and either a mutually agreeable price will
be arrived at or the sale falls through and the Buyer goes on to look
at different properties while the Seller continues to wait for a Buyer
that will meet his price.
tools, once the Sale Agreement is offered, are Addendums to add to the
Sale Agreement and Counter Offers, from both the Seller and the Buyer
in turn, to change the Sale Agreement. These may be required once the
results of a professional inspection or report are known, or other considerations
necessary to reach a mutual agreement.
The risks associated
with selling or buying a suitable piece of property is the Seller may
undervalue or overvalue the property, especially if they are acting as
an un-represented seller. Unless knowledge of the market is considered,
a property may be undervalued - or overvalued - in price when compared
with similar active and sold properties on the market. Or, a buyer may
not know everything to look for when making an offer on a property or
may offer too little to interest the Seller and be rejected, or too much
and overpay for the property.
oceanfront property may be 2 to 3 times, or more, the price of a similar
property without the oceanfront location. This is justified by having
the beach, or rocks, out your doorway and the uninterruptible ocean view
that goes with the oceanfront location.
Finally, the market
value for any property is the cash price a willing Buyer and a willing
Seller will agree upon, given reasonable exposure of the property to the
market place, full information as to the potential uses of the property,
and no undue compulsion to act.
David Timme is a real
estate agent at Coastal Oregon Real Estate Sales in Newport. He can be
reached at www.CoastalOregonRealEstateSales.com
or 541 574 0096 x 11.
Back to Oregon Coast Real Estate page and listings
INTO LUXURY, HISTORY AT THE TIDES
TIDES BY THE SEA, Seaside. For over 80 years, The Tides has
been a favorite of Seaside visitors. History meets modern luxury
here. 51 oceanfront condos, individually owned and decorated. Find
suites for couples, small apartments with fireplaces and kitchenettes,
one or two bedroom family units with fireplaces, kitchens and dining
rooms. There are wonderful oceanview cottages that sleep anywhere
from two to eight people, with two bedrooms, some with lofts, fireplaces
Meanwhile, the heated outdoor pool, enormous grounds with picnic
tables and location at the quiet southern end of Seaside make for
some memorable means of play and repose. 2316 Beach Drive. 800-548-2846.
At Spanish Head, Lincoln City. It's Lincoln City’s only
resort hotel built right on the beach with all oceanfront rooms
- nestled against a rugged cliffside overlooking a soft, sandy beach.
Enjoy dining in the penthouse restaurant and bar - whether you’re
in the mood for a casual meal or a candlelight dinner. They offer
an array of seafood specialties, juicy steaks and other Northwest
favorites, including a decadent Sunday buffet. Rooms range from
bedrooms to studios to one-bedroom suites with microwaves and refrigerators
to full kitchens. Hotel amenities include wi-fi, spa, saunas, exercise
room and a year-round heated swimming pool. Kids will love the game
room and easy beach access. Full-service conference and meeting
rooms for that inspirational retreat; extensive, gorgeous wedding
possibilities. Near the south end of Lincoln City at 4009 SW Highway
101. 1-800-452-8127 or 541-996-2161. www.spanishhead.com
CLIFFTOP IN NEWPORT
POINT is located on the Central Oregon Coast - in Newport
- and offers only the finest in luxury condominium lodging. At Starfish
Point, every unit is focused on the beauty of the sea and the beach.
All of the units boast two bedrooms, two bathrooms, designer kitchens,
wireless broadband Internet, fireplaces, Jacuzzi’s and private
decks - surrounding you in soothing relaxation. We have a friendly
staff dedicated to high quality and superb customer service. 140
NW 48th Street, Newport. (541) 265-3751. (800) 870-7795. www.starfishpoint.com
Paradise Suites & Vacation Rentals - Seaside
Unique Luxury Accommodations in Seaside. 1BR Suites,
1BR & 2BR Duplex Units and 3BR Houses, units for 2-8 people.
Rent our entire property for 20-26. All units close to beach, river
and Broadway St.
Suites are designed for two adults; vacation rental units for families.
All units have kitchen and many have fireplace, deck and jetted
tub. Enjoy comfy robes & slippers, luxury bath amenities, quality
linens and more. See us on The Travel Channel's "Great Escapes"
show in August 2006. 741 S. Downing St., Seaside. 800-738-6691.
Sands Condominium Motel, Lincoln City. Getting a free,
fresh baked cookie upon check-in is just the beginning. Every room
is beachfront, and it's all right up against Lincoln City's most
famous stretch of beach, next to the D River. Each room, comes as
a suite or mini-suite, and has a kitchen and balcony or patio. Some
have gas fireplaces, while all have a DVD Players with movies available
for renting (and movie rentals come with free popcorn). There's
a heated indoor pool, a spa, and this fabulous beach is lit at night.
Rooms sleep anywhere from two, four to six - including a deluxe
fireplace suite. Gift certificates are available, and they offer
special occasion packages as well. To make a reservation and see
a virtual tour of the rooms, visit our website at www.dsandsmotel.com.
171 S.W. Highway 101. 800-527-3925.
City Vacation Homes
There’s something for everyone
among this selection of wondrous homes: smaller homes with a view
to a large house that sleeps 15. All the homes are either oceanfront
or just a few steps away from the sand – all with a low
bank access and fantastic views. Most are in the Nelscott area;
one is close to the casino. You’ll find a variety of goodies,
depending on the home: fireplaces, multiple bedrooms, dishwashers,
Jacuzzis, washer/dryers, hot tubs, cable TV, VCR, barbecues; there’s
a loft in one, and another sprawling home has two apartments.
Pets are allowed in some homes – ask ahead. Each comes with
complete kitchens so you’ll have a home away from home.
Most have the seventh night free. Prices range from winter $85
to summer $230 per night. www.getaway2thecoast.com.
Freaky and Funny: Ghosts of Oregon Coast's Past Truth
is stranger than fiction, especially when it comes to the odd history
and science on these shores
Storm Watch Spots on Oregon's Coast Tips for some
stunning viewing of the wild waves of the season
to Coast: Comparing Oregon Beaches to Other Shores There's
a lot of interesting stuff to be learned and observed from the beaches
or Night Mysteries and Merriment on Oregon Coast It's
more than just nightlife that comes to life, but the beaches offer major
Wines and Wine Bars on the Oregon Coast Wine shops
and wine bars are a growing part of coastal tourism