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  • Price cut: $50K (5/7)
    $2,195,000

    535 SW Cardinal St, Depoe Bay, OR 97341

    3beds
    2,899sqft
    : 
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    Single Family Residence
    Built in 1987
    0.3 Acres Lot
    $2,053,400 Zestimate®
    $757/sqft
    $-- HOA

    What's special

    Premier oceanfront positioningExpansive west-facing viewsFront-row whale watchingFully updated oceanfront residence
    Set along a coveted stretch of coastline, this fully updated oceanfront residence offers a rare combination of refined living and income potential. Positioned atop ancient basalt rock, the home captures expansive west-facing views with both northern and southern coastline perspectives, where migrating whales, shifting weather patterns, and the ever-changing Oregon sky, from vibrant sunsets to starlit evenings, become part of the daily rhythm, creating the feeling of living within an ever-evolving coastal canvas. Designed for both everyday enjoyment and long-term investment, the property pairs front-row whale watching with a detached guest residence, creating a lifestyle that is as rewarding as it is effortless. From morning light over the Pacific to evenings defined by dramatic coastal sunsets and moonlit skies, the setting offers a rare connection to the natural elements, with daily sightings of pelicans, seabirds, sealions, and the dynamic beauty of the Oregon Coast. The main home has been thoughtfully and comprehensively renovated, featuring new siding, roof, windows, and flooring throughout, delivering a turnkey experience that blends modern comfort with timeless coastal design. At the heart of the home, a chef's kitchen anchored by a statement Wolf range alongside Bosch appliances creates an ideal setting for both intimate evenings and elevated entertaining. Expansive ocean-facing living areas invite natural light and uninterrupted views, offering a seamless connection between indoor living and the dramatic natural surroundings. Every detail has been carefully curated to enhance both form and function. A fully detached guest residence above the garage introduces exceptional flexibility, ideal for hosting, multigenerational living, or generating consistent monthly income, with detailed rental projections available upon request. This rare combination of premier oceanfront positioning and income capability distinguishes the property as a true coastal asset. Whether envisioned as a private retreat, legacy property, or strategic investment, this offering captures the essence of elevated coastal living.
    29 days
    |
    2,121
    |
    186
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Carlon 541-205-1425,

    Coastal Luxury Real Estate,

    Kaitlin J O'Kane 541-921-4828,

    Coastal Luxury Real Estate

    Source: OCMLS,MLS#: 26-1207MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Bedroom 3
      • Description: Private entrance apartment
      Bathroom
      • Description: Private entrance apartment
      Other
      • Description: Private entrance apartment
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Disposal, Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood
      • Laundry: Main Level
      Features
      • Double Vanity, Entrance Foyer, Kitchen Island, Other, Storage, Walk-In Closet(s), Beamed Ceilings, Hand-held Shower Head, Soaking Tub, Vaulted Ceiling(s), Breakfast Nook, Ceiling Fan(s), Track Lighting
      • Flooring: Carpet, Slate, Stone, Tile, Vinyl
      • Windows: Bay Window(s), Double Pane Windows, Insulated Windows, Wood Frames
      • Basement: Crawl Space
      • Number of fireplaces: 2
      • Fireplace features: Double Sided, Electric, Gas
      Interior area
      • Total structure area: 2,899
      • Total interior livable area: 2,899 sqft
      • Finished area above ground: 2,899
      • Finished area below ground: 0
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      Property

      Parking
      • Total spaces: 2
      • Parking features: Additional Parking, Detached Garage, Driveway, Garage Door Opener, Oversized, Paved, Gravel
      • Garage spaces: 2
      Accessibility
      • Accessibility features: Accessible Doors
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck
      • Exterior features: Garden, RV Hookup, Storage, Courtyard
      • Fencing: Partial
      • Has view: Yes
      • View description: Panoramic
      • Has water view: Yes
      Lot
      • Size: 0.3 Acres
      • Features: Cul-De-Sac, Private
      Details
      • Additional structures: Garage(s)
      • Parcel number: R13700
      • Zoning description: R-1 Residential, Single Family
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1987

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Natural Gas Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Depoe Bay

      Financial & listing details

      • Price per square foot: $757/sqft
      • Tax assessed value: $1,228,880
      • Annual tax amount: $10,900
      • Date on market: 5/7/2026
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Road surface type: Paved
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        Estimated market value

        $2,053,400

        $1.95M - $2.16M

        $3,745/mo

        Price history

        DateEventPrice
        5/7/2026Price change$2,195,000-2.2%$757/sqft
        Source: OCMLS #26-1207 Report a problem
        1/17/2026Price change$2,245,000-2.3%$774/sqft
        Source: OCMLS #LC-104643 Report a problem
        11/25/2025Price change$2,299,000-2%$793/sqft
        Source: OCMLS #25-1958 Report a problem
        10/22/2025Price change$2,345,000-6%$809/sqft
        Source: OCMLS #25-1958 Report a problem
        9/5/2025Price change$2,495,000-3.7%$861/sqft
        Source: OCMLS #25-1958 Report a problem
        8/28/2025Listed for sale$2,590,000$893/sqft
        Source: OCMLS #25-1958 Report a problem
        8/27/2025Listing removed$2,590,000$893/sqft
        Source: Berkshire Hathaway HomeServices NW #432447189 Report a problem
        8/5/2025Price change$2,590,000-4.1%$893/sqft
        Source: Berkshire Hathaway HomeServices NW #432447189 Report a problem
        6/26/2025Listed for sale$2,700,000+500%$931/sqft
        Source: Berkshire Hathaway HomeServices NW #432447189 Report a problem
        6/19/2018Sold$450,000-7.2%$155/sqft
        Source: RMLS (OR) #17281804 Report a problem
        4/6/2018Pending sale$485,000$167/sqft
        Source: RE/MAX Integrity #17281804 Report a problem
        3/18/2018Listed for sale$485,000$167/sqft
        Source: RE/MAX Integrity #17281804 Report a problem
        12/31/2017Pending sale$485,000$167/sqft
        Source: RE/MAX Integrity #17281804 Report a problem
        9/24/2017Listed for sale$485,000$167/sqft
        Source: RE/MAX Integrity #17281804 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$9,707 +4.7%$770,190 +3%
        2023$9,275 +3%$747,760 +3%
        2022$9,007 -3.9%$725,990 +3%
        2021$9,369 +5.4%$704,850 +3%
        2020$8,888 $684,330 +3%
        2019-- $664,400 +47.6%
        2018$5,793 -33.7%$450,000 -31.2%
        2017$8,742 +7.7%$653,880 +4.3%
        2016$8,120 $626,690 -2.1%
        2015$8,120 +12.1%$639,930 +3%
        2014$7,244 $621,300 +3%
        2013$7,244 +5.5%$603,210 +3%
        2012$6,869 +2.8%$585,650 +3%
        2011$6,683 +2.4%$568,600
        2010$6,529 +4.7%$568,600 +6.1%
        2009$6,238 +2.8%$535,970
        2008$6,066 -1.2%$535,970 +6.1%
        2007$6,139 $505,210

        Find assessor info on the county website

        Monthly payment

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 97341

          Getting around

          5 / 100
          Car-Dependent
          23 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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