$2,100,000

259 S PACIFIC St, Rockaway Beach, OR 97136

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon0.55acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

A stone’s throw away from the beach, this rare oceanfront gem in the peaceful coastal town of Rockaway Beach offers the perfect opportunity for both investment opportunity and family retreat. Zoned for commercial use and selling fully furnished, the property is currently operating as a 5 year successful and transferable Airbnb with four income-generating units across one expansive lot. At the heart of the property is a large single family home with 6 bedrooms and 5 bathrooms that can serve as one grand coastal home or be divided into two separate units—ideal for multi-generational living or maximizing short-term rental income. Adjacent to the main home is a charming duplex, each side featuring its own private 1-bedroom, 1-bathroom layout. The property had major updates to bathrooms, systems and appliances in 2020, and also added a stunning sunroom with 180 degree oceanfront views—a show-stopping space for guests or owners to relax and unwind. An oversized garage adds incredible value, with ample room for a workshop, extra storage, or even the potential to convert into an additional rental unit. And with its commercial zoning, the property presents development possibilities—potentially accommodating 6 to 12 condominium units. Whether you're seeking a high-performing short-term rental portfolio, a multi-family coastal escape, or a development-ready investment, 259 S Pacific St is a rare chance to own prime oceanfront real estate in one of Oregon’s most laid-back beach communities. Don’t miss this unique opportunity

Listing Status:
Pending
Date Added:
May 13, 2025 at 05:00AM
Listing Office:
Real Broker : 503-360-1640
Listing Agent:
Ryan Purdy : 503-481-0147
MLS ID:
202794385
  • A/C: Air conditioning readyCentral air
  • Heating: BaseboardForced air
  • General: Cement sidingVinyl siding
  • Parking: DrivewayGarageParking spaces: 2
  • Roofing: CompositionFlat
  • Road/Access: Gravel
  • Originating MLS: Regional Multiple Listing ServiceInc.
  • County: Tillamook
  • Zoning: C1Corner of Lot 16Block 55Rockaway Beach Subdivisionsituated in the Southwest quarter of Section 3249398
  • View: View
  • Water: Public water
  • Sewer: Public sewer
  • Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Ryan Purdy, Real Broker

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Nehalem Elementary School

36300 8th St, Nehalem, OR, 97131

Grades KG-5

8.00 miles away

N

Neah-Kah-Nie Middle School

25111 Highway 101 N, Rockaway Beach, OR, 97136

Grades 6-8

2.06 miles away

N

Neah-Kah-Nie High School

24705 Highway 101 N, Rockaway Beach, OR, 97136

Grades 9-12

1.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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