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.
Active
Price cut: $50K (5/7)
$2,195,000
535 SW Cardinal St, Depoe Bay, OR 97341
3beds
2,899sqft
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
- 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#: 26-1207
Tour with a local agent
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
Video & virtual tour
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
Estimated market value
$2,053,400
$1.95M - $2.16M
$3,745/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Price change | $2,195,000-2.2%$757/sqft |
Source: | ||
| 1/17/2026 | Price change | $2,245,000-2.3%$774/sqft |
Source: | ||
| 11/25/2025 | Price change | $2,299,000-2%$793/sqft |
Source: | ||
| 10/22/2025 | Price change | $2,345,000-6%$809/sqft |
Source: | ||
| 9/5/2025 | Price change | $2,495,000-3.7%$861/sqft |
Source: | ||
| 8/28/2025 | Listed for sale | $2,590,000$893/sqft |
Source: | ||
| 8/27/2025 | Listing removed | $2,590,000$893/sqft |
Source: | ||
| 8/5/2025 | Price change | $2,590,000-4.1%$893/sqft |
Source: | ||
| 6/26/2025 | Listed for sale | $2,700,000+500%$931/sqft |
Source: | ||
| 6/19/2018 | Sold | $450,000-7.2%$155/sqft |
Source: | ||
| 4/6/2018 | Pending sale | $485,000$167/sqft |
Source: RE/MAX Integrity #17281804 Report a problem | ||
| 3/18/2018 | Listed for sale | $485,000$167/sqft |
Source: RE/MAX Integrity #17281804 Report a problem | ||
| 12/31/2017 | Pending sale | $485,000$167/sqft |
Source: RE/MAX Integrity #17281804 Report a problem | ||
| 9/24/2017 | Listed for sale | $485,000$167/sqft |
Source: RE/MAX Integrity #17281804 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $505,210 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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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
Nearby schools
GreatSchools rating
- 6/10Taft Elementary SchoolGrades: 3-6Distance: 9.8 mi
- 1/10Siletz Valley SchoolGrades: K-12Distance: 9.1 mi
- 3/10Taft High SchoolGrades: 9-12Distance: 9.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Lincoln County
- Depoe Bay
- 97341
- 535 SW Cardinal St







