488 South Bay Road

Sold 10/13/23
Sold 10/13/23
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Last Sold Price
$425,000
2 beds1,736 sqft$245/sqft
488 S Bay Rd, Toledo, OR 97391

Description

Live in harmony with nature in this lovely mid-century contemporary home that is well maintained. Beautiful site with cleared grassy spaces surrounded by an enchanting forest and other mature landscaping. All the essentials for country living are here yet just a short drive to Toledo and 10 minutes to Newport. Covered and open decks along with a concrete patio to entertain or just take in the scent and sights of the scenery. The home enjoys main level living and oversized rooms. Vaulted tongue and...Live in harmony with nature in this lovely mid-century contemporary home that is well maintained. Beautiful site with cleared grassy spaces surrounded by an enchanting forest and other mature landscaping. All the essentials for country living are here yet just a short drive to Toledo and 10 minutes to Newport. Covered and open decks along with a concrete patio to entertain or just take in the scent and sights of the scenery. The home enjoys main level living and oversized rooms. Vaulted tongue and groove pine ceilings, huge walls of windows and country details. Garage has a good shop area and loads of storage. Nice little garden shed too with ample wood for the fireplaces. Lots of room for your family, good friends & fur friends to roam and enjoy on over an acre.
LISTING CLOSED: 10/13/2023 12:00 AM

  1. Listed by John Iwamura • JKI Realty

Property Details for 488 South Bay Road

Status
Sold
MLS #
23378038
Days on Market
18
Taxes
$2,414 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Single Family
MLS Type
Residential / Single Family Residence
Year Built
1942
Lot Size
1.16 AC / 50,529 SF
County
Lincoln County
Style
Mid Century Modern
Subdivision
Toledo Industrial Park
Parking Features
Detached, Garage
Zoning
IP
View
Park Greenbelt, Trees Woods
Garage Spaces
2.00
Parking Total
2.00

Recent comparable sales

Median sold price

$455,000

Avg days on market

147

Sale-to-list ratio

89.7%

Toledo, OR

9 comparable properties found

$535,000 | 1331 Southeast Maple Street, Toledo, OR 97391
1/49
1

$535,000

Sold 07/31/26

2
Bedrooms
1,863
Square Feet
0.3
Acres

1331 Southeast Maple Street, Toledo, OR 97391

a view of a house with a yard and large trees
1/37
2

$455,000

Sold 09/27/24

3
Bedrooms
1,682
Square Feet
1.33
Acres

298 Elk City Road, Toledo, OR 97391

$480,000 | 1508 Southeast Alder Way, Toledo, OR 97391
1/33
3

$480,000

Sold 09/05/25

3
Bedrooms
1,668
Square Feet
0.18
Acres

1508 Southeast Alder Way, Toledo, OR 97391

$408,000 | 1357 Northwest Deer Drive, Toledo, OR 97391
1/35
4

$408,000

Sold 05/02/25

3
Bedrooms
1,577
Square Feet
0.24
Acres

1357 Northwest Deer Drive, Toledo, OR 97391

$260,000 | 2390 Northeast Mossy Loop, Toledo, OR 97391
1/13
5

$260,000

Sold 03/28/25

2
Bedrooms
2
Bathrooms
1,678
Square Feet
5
Acres

2390 Northeast Mossy Loop, Toledo, OR 97391

$455,000 | 585 Northwest Aspen Street, Toledo, OR 97391
1/44
6

$455,000

Sold 01/16/26

3
Bedrooms
1,914
Square Feet
0.21
Acres

585 Northwest Aspen Street, Toledo, OR 97391

a view of a house with a yard and plants
1/39
7

$375,000

Sold 05/22/25

1
Bedrooms
2
Bathrooms
1,876
Square Feet
2.26
Acres

220 Northeast Magnolia Street, Toledo, OR 97391

$300,000 | 630 Southeast 4th Street, Toledo, OR 97391
1/40
8

$300,000

Sold 02/20/25

2
Bedrooms
1
Bathrooms
1,440
Square Feet
0.22
Acres

630 Southeast 4th Street, Toledo, OR 97391

$490,000 | 570 Northwest Westwood Terrace, Toledo, OR 97391
1/37
9

$490,000

Sold 11/21/25

3
Bedrooms
2
Bathrooms
2,052
Square Feet
0.37
Acres

570 Northwest Westwood Terrace, Toledo, OR 97391

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Location

Listing Courtesy of JKI Realty

Sold By Non Rmls Broker

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Building Information for 488 South Bay Road

Stories2Year Built1942Building Size-Lot Size1.16 AC / 50,529 SF

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$2,361 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,160

Property Taxes

$201

HOA Dues

$0

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Property Information for 488 South Bay Road

Summary
Location and General Information
  • Country: US
  • Directions: Hwy 20 East into Toledo and follow to SW Butler Bridge Rd then right on S Bay Rd to address
  • Road Surface: Paved
School Information
  • Elementary School: Toledo
  • High School: Toledo
  • Middle Or Junior School: Toledo
Parking
  • Garage Type: Detached
  • Attached Garage: No
Taxes and HOA
  • CC and R Y/N: No
  • FIRPTA: No
  • HOA Y/N: No
  • Tax Year: 2022
  • Tax Deferral: No
  • Tax Annual Amount: $2,414.36
  • Parcel Number: R31869
  • Tax Legal Description: PROPERTY ID : R31869 TWNSHP 11, RNG 10, ACRES 1.16, MF324-2087
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
  • Video Virtual Tour 2 Y/N: No
Property
Lot Information
  • Acres: 1.16
  • Lot Description: Gentle Sloping, Level, Private, Trees
  • Lot Size Square Feet: 50529.0
  • Senior Housing Y/N: No
  • Lot Size Range: Acres1to3
  • Lot Size: 1 to 2.99 Acres
  • SqFt Source: county
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Other
  • Property Condition: Resale
  • Year Built: 1942
  • New Construction: No
  • Property Attached: No
  • Warranty Available Y/N: No
Utilities
  • Fuel Description: Electricity
  • Heating Description: Other, Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available
Green Features
  • Green Certification: No
Interior and Exterior Features
Exterior Features
  • Exterior Description: Shake Siding, T111Siding
  • Exterior Features: Covered Patio, Deck, Outbuilding, Yard
  • Roof Type: Composition
  • Water Front Y/N: No
  • Construction Materials: Shake Siding, Shingle Siding
  • Existing Structures Description: Shed(s), Workshop
Interior Features
  • Basement: Daylight
  • Foundation Details: Concrete Perimeter, Slab
  • Window Features: Window Treatments
  • Fireplace Description: Insert, Pellet Stove
  • Fireplaces Total: 2
  • Interior Features: Vaulted Ceiling, Wallto Wall Carpet, Washer Dryer
  • SqFt Calculated: 1736
  • View Y/N: Yes
  • SqFt Lower Level Total: 0
  • SqFt Main Level Total: 936
  • SqFt Upper Level Total: 800
  • Bedrooms Total: 2
  • Stories: 2
  • Baths Total: 2.0
  • Cooling: No
  • Fireplace: Yes
  • Heating: Yes
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Level: Main
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Level: Main
Bedroom 3
  • Room Description: _3rd Bedroom
Dining Room
  • Room Description: Dining Room
Family Room
  • Room Description: Family Room
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Cooktop, Dishwasher, Free Standing Refrigerator
  • Kitchen Room Level: Main
Living Room
  • Room Description: Living Room
  • Living Room Level: Main
Baths
  • Baths Lower Level Full: 0
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 0.0
  • Baths Main Level Full: 1
  • BathsMainLevelPartial: 0
  • Baths Main Level Total: 1.0
  • Bathrooms Full: 2
  • Baths Partial: 0
  • Total Bathrooms: 2
  • Baths Upper Leve lFull: 1
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 1.0
Multi Family
Multi-Family Information
  • SqFt Approximate Building Total: 1736

Property History for 488 South Bay Road

DateEvent & SourcePriceAppreciation
Oct 13, 2023

Sold (Public Record)

Public Record #1520299363

$425,000—
DateEvent & SourcePrice
10/13/2023

Sold (Public Record)

Public Record #1520299363

$425,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 488 South Bay Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,711 ($226 / month)
Home Facts
Beds3Baths2Total Finished SqFt2,136 SqFtAbove Grade Finished SqFt1,736 SqFtFinished Basement SqFt400 SqFtStories1Lot Size50,530 SqFtStyleSingle Family ResidenceYear Built1942ZoningI-P,UGB;PLANNCountyLINCOLNAPN11-10-20-B0-00700-00Fireplace TypeHas Fireplace

Schools near 488 South Bay Road

This home is within Lincoln County School District.
Rating
School
Type
Grades
Distance
Toledo Elementary School
Public - K to 6
Compass K-12 Online School
Public - 6 to 12
Toledo Junior/Senior High School
Public - 9 to 12
Lincoln City Career Technical High School
Charter - 9 to 12
Rating
School
Distance
Toledo Elementary School
PublicK to 6

Compass K-12 Online School
Public6 to 12

Toledo Junior/Senior High School
Public9 to 12

Lincoln City Career Technical High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 488 South Bay Road, Toledo, OR 97391
$425,000
2
1,736
50,529
506 South Bay Road, Toledo, OR 97391
–
4
2
2,496
42,253
410 South Bay Road, Toledo, OR 97391
–
4
2
1,990
43,560
489 South Bay Road, Toledo, OR 97391
$599,000
4
3
3,054
60,112
527 South Bay Road, Toledo, OR 97391
–
3
2
1,694
40,075
556 South Bay Road, Toledo, OR 97391
–
2
3
2,242
217,800

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JKI Realty

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 10/13/2023 06:02 PM