OR > Rockaway Beach
Rockaway Beach, OR 97136,259 S PACIFIC ST
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Rockaway Beach, OR 97136,259 S PACIFIC ST
Rockaway Beach, OR 97136,259 S PACIFIC ST
Rockaway Beach, OR 97136,259 S PACIFIC ST
Rockaway Beach, OR 97136,259 S PACIFIC ST
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Angeline Riesterer

Angeline Riesterer

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+1(503) 349-5781
Listed by Real Broker
$ 2,200,000
Est. payment /mo
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259 S PACIFIC ST Rockaway Beach, OR 97136

0.55 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202794385

Year Built 1945

Annual Tax Amount $8,648

Lot Size 0.550 Acres

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

Location

State OR

County Tillamook

Area _195

Zoning C1

Interior

Heating Baseboard, Forced Air

Cooling Air Conditioning Ready, Central Air

Exterior

Garage Spaces 2.0

Waterfront Description OceanFront

View Ocean

Roof Type Composition,Flat

Garage No

Building

Lot Description Brush, Ocean Beach One Quarter Mile Or Less

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Nehalem

Middle Schools Neah-Kah-Nie

High Schools Neah-Kah-Nie

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://properties.sageaesthetic.com/videos/0196ad0d-0709-7295-b0cc-96a0d889fb93

Regional Multiple Listing Service (RMLS)
agent

Angeline Riesterer

Broker

+1(503) 349-5781

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259 S PACIFIC ST