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259 S Pacific St, Rockaway Beach, OR 97136

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For Sale

$2,200,000

0.55 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.6 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

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
MLS# 202794385

Courtesy Of Real Broker, LLC

(855) 450-0442

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Water Front
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Heating System
    Baseboard, Forced Air
  • Lot Size
    0.55 Acres
  • View Type
    Ocean

Map and Directions

Directions to 259 S Pacific St, Rockaway Beach, OR 97136

Home seller CENTURY 21 North Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North Homes Realty

(503) 652-2260
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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