Shawn Realty 503-515-44993 bd • 2 ba • 1,508 sq ft
557 SEA VIEW DR, Manzanita, OR 97130
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- Bedrooms
- 3
- Total Baths
- 2
- Building Area
- 1,508 sq ft
- Price/Sq Ft
- $179/sq ft
- Year Built
- 2021
- Garage
- 2 spaces · Attached, Oversized
- County
- Tillamook
- Annual Tax
- $5,781 (2025)
- HOA
- $250 / quarterly
- Days on Market
- 17 days
- Open House
- None scheduled
Monthly payment
$2,277 per month
- Principal & interest$1,656
- Property taxes$482
- HOA dues$83
- Home insurance$56
- Utilities$0
10% down · 30-year fixed · 7.24% rate · 7.341% APR (est.)
Rate: Freddie Mac weekly average, as of 10/29/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.24% (7.341% APR, estimated). Rate: Freddie Mac weekly average, as of 10/29/2026.
- Down payment: 10% ($27,000) on $270,000; loan $243,000
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $482/mo (RMLS annual tax ÷ 12)
- HOA dues: $83/mo (RMLS association fee, converted to monthly)
- Home insurance: $56/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
Description
This home can also be purchased as a Single-Family Home, for details, RMLS #465254668!A unique opportunity to own a 1/3 interest in a luxury coastal home in Manzanita’s desirable Highlands neighborhood! The advertised price of $270,000 represents a 1/3 ownership interest in an LLC that owns the property, facilitation by Cohana Homes, a co-ownership specialist. Enjoy the benefits of luxury second-home ownership with professional property management, shared ownership expenses, and a simplified ownership experience. This thoughtfully structured offering includes a planned five-year exit strategy through the sale of the entire property, providing owners the opportunity to benefit from potential appreciation. This is not a timeshare or traditional fractional.
Facts & Features
| Property Type | Residential |
|---|---|
| Sub-Type | Coop Housing |
| Bedrooms | 3 |
| Total Baths | 2 |
| Full Baths | 2 |
| Partial Baths | 0 |
| Building Area (sq ft) | 1508 |
| Lot Size (acres) | 0.16 |
| Lot Size (sq ft) | 6969 |
| Year Built | 2021 |
| Garage Spaces | 2 |
| County | Tillamook |
| Elementary School | Nehalem |
| Middle School | Neah-Kah-Nie |
| High School | Neah-Kah-Nie |
| Heating | Forced Air |
| Cooling | Central Air, Heat Pump |
| Appliances | Builtin Oven, Builtin Range, Dishwasher, Free Standing Refrigerator, Island, Microwave, Range Hood, Stainless Steel Appliance |
| Interior Features | High Ceilings, Laundry, Luxury Vinyl Plank, Quartz, Vaulted Ceiling, Wallto Wall Carpet, Washer/Dryer |
| Exterior Features | Covered Patio, Patio, Public Road, Xeriscape Landscaping, Yard |
| Basement | Crawl Space |
| Style | 1 Story, Contemporary |
| Roof | Metal |
| Fireplaces | 0 |
| View | Yes |
| Lot Features | Public Road, Sloped, Terraced |
| Parking | Driveway, Off Street |
| Sewer | Public Sewer |
| Water | Public Water |
| Association Fee | $250 |
| Association Fee Frequency | Quarterly |
| Annual Taxes | $5,781 |
| Tax Year | 2025 |
| Original List Price | $270,000 |
| RMLS # | 120114704 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Megan Despain • Keller Williams Sunset Corridor
Contact: 360-917-6328
Listing updated: Nov 1, 2026 at 12:12am
Source: RMLS #120114704 
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 Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 11/01/2026 01:18. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
Ask Shawn Yu about this home
Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.
Shawn Realty