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500 SW Cedar St photo 1

For Sale88d on market

500 SW Cedar St

Waldport, OR, 97394 • 97394 • Lincoln County

$649,000

7.1 acLot

Property DNA

2 highlights

Waterfront Property

Direct water access

Scenic Views

Bay · Ocean

Market activity

Demand and pricing signals for this listing

39 views

People checking out this listing

1 saves

Buyers have saved this home

88 days on market

Established listing

About this home

Lot

Alsea Bay, Alsea River, the Alsea Bay Bridge and the City of Waldport boast BIG views from this development opportunity property. Zoned R-4 allowing multi family housing. Located directly in the heart of Waldport with essential utilities water, sewer, electric, at the street! Surrounded by full family neighborhoods and paved streets. This would make a beautiful addition to the Waldport area of homes and the views and elevation available here will create a very desirable living environment. Much of the property has level possible building sites now. Consider this when developing because this property has so much going for it. Opportunity here. Easy access feel free to go walk it.

Estimated monthly payment

Based on current rates

$4,078/month

Principal & Interest$3,213

Property Tax$649

Insurance$216

Down payment20% ($129,800)

3%50%

Est. 6.30% rate · 30yr fixed · $519,200 loan

Full calculator →

At a glance

Key facts and listing details

Property

Home typeLot

Sub-typeUnimproved Land, Multi Family

Parking & Outdoor

Lot7.10 Acres

Location & Tax

Neighborhood97394

ZoningR-4

Annual tax$3,476

ParcelR84243

Features & details

3 categories of property features

Exterior Features

Lot Features

Private

Level

Sloped

Acres 7 to 10

Views

Bay

Ocean

Utilities

Electricity Available

Water Available

Other Internet Service

Listing insights

Market data and value estimates

StatusFor Sale

Days on market88

Tax rate0.84%

On marketDec 29, 2025

PostedDec 29, 2025

MLS statusActive

MLS updatedFeb 9, 2026

Tour days6

Views39

Favorites1

How are the schools in Waldport?

3 schools rated nearby

7

Crestview Heights School

Elementary • Public • K-6

1.4 mi

2

Waldport Middle School

Middle • Public • 7-8

1.4 mi

5

Waldport High School

High • Public • 9-12

1.4 mi

Location

Waldport, OR, 97394

Price history

1 event

DateEventPrice$/sqftSource

Dec 30, 2025Listed For Sale$649,000—RMLS (OR)

Listed For Sale$649,000

Dec 30, 2025•RMLS (OR)

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Neighborhood details

Local context around this listing

Waldport, OR • Lincoln County

Nearby neighborhoods

Bayshore

Nearby cities

Depoe BayLincoln CityNewportOtisSeal RockSiletzTidewaterToledo

Nearby zip codes

97394

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Value estimates

Live

30yr rate est.6.30%

Affordability$3,914/mo

Accepted financing

CashConventionalOther

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 2026-03-27 05:34:18 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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500 SW Cedar St, Waldport, OR 97394 | SREG Property Finder