87748 TERRACE VIEW DR
Florence, OR, 97439 $ 670,000
Bedrooms2 Baths2.0 Sq 1,416 Monthly Estimate*
$ 4,125
for $670,000 with 2 bedrooms and 2 full baths. This 1,416 square foot home was built in 1985 on a lot size of 0.52.
Experience elevated coastal living in this beautifully renovated view home overlooking the Pacific Ocean, Siuslaw River jetty, and seasonal lake. Ideally located near the beach and Oregon Coast recreation, this versatile property offers breathtaking panoramic water views from nearly every level. Though designed as a two-story home, the property features convenient main-level living with ground-level entry, allowing easy access to the upper floor without stairs.The upper level welcomes you with a functional mudroom entry leading into a bright open-concept living, dining, and kitchen space highlighted by warm knotty pine ceilings, a newer Harman pellet stove, rich wood countertops, open shelving, and abundant natural light. The adjoining sunroom perfectly captures the stunning ocean, river, and jetty views, creating an ideal space to relax or entertain. The spacious primary suite and updated bath have been thoughtfully remodeled with modern coastal finishes.The fully remodeled lower level features its own private exterior entrance, separate living area, bedroom, full bath, and sliding glass doors opening to a private outdoor retreat complete with hot tub and incredible water views. Currently operating as a successful short-term rental, this flexible space is ideal for guest quarters, multigenerational living, vacation rental income, or a private coastal getaway.Move-in ready and thoughtfully updated throughout, this rare Oregon Coast property combines flexibility, income potential, and unforgettable scenery in one exceptional package.
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FeaturesGeneralSewer SepticTank
Heating Baseboard PelletStove
Cooling None
Roof Composition
Appliances FreeStandingRefrigerator Island
Garage Spaces 1.0
Architectural Style Stories2
Security Features SecurityGate
Year Built 1985
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 1123668
Waterfront Features Lake
Accessibility GroundLevel OneLevel
County Lane
Property Type Residential
HOA N
Full Baths 2
Status Active
Directions Rhody Dr to West on Horizon- Corner of Horizon and Terrace View Home at end
High School Siuslaw
City Florence
Disclosures Disclosure
MLS Area _229
Lot Size Square Feet 22651.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Siuslaw
Tax Annual Amount 3325.59
Middle/Junior High School Siuslaw
Property Condition UpdatedRemodeled
Virtual Tour https://youtu.be/bgShdZxQ3LE
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 18-12-09-00244
ADU False
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ExteriorParking Features Driveway RVAccessParking
Lot Features GentleSloping Terraced
Water Source PublicWater
Total Parking 1.0
Garage Type Attached
Exterior Description T111Siding
Building Area Total 1416.0
Lot Size Acres 0.52
Road Surface Type Gravel Paved
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InteriorFireplace Features PelletStove
Hot Water Electricity
Window Features DoublePaneWindows
Total Bathrooms 2.0
Total Bedrooms 2
Total Baths 2
1/2 Baths 0
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* Excluded FeaturesList ByTr Hunter Real EstateBroker
crystell@trhunter.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,125
- Monthly Property Taxes
- $277
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Florence, OR
Average List Price $592,185
Percent of Sale Price 12%
About Florence, OR 9,592 Population
28% Since 2002
$ 35,291 Median Income
57.64 Median Age
11% Households with Children
Trends Information provided by ATTOM Data Solutions.
1951246 Elementary School
1949898 Middle School
Siuslaw High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/6/2026 | $670,000 | -4.15% | Price Down |
| 3/28/2026 | $699,000 | -1.55% | Price Down |
| 1/26/2026 | $710,000 | | Listed Price |