259 S Pacific St, Rockaway Beach, OR 97136
Local realty services provided by:Knipe Realty ERA Powered
Listed by: ryan purdy
Office: real broker
MLS#:202794385
Source:PORTLAND
Price summary
- Price:$2,100,000
About this home
Back on Market - No fault of seller! 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.
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Home facts
- Year built:1945
- Listing ID #:202794385
- Added:234 day(s) ago
- Updated:January 03, 2026 at 12:12 PM
Heating and cooling
- Cooling:Air Conditioning Ready, Central Air
- Heating:Baseboard, Forced Air
Structure and exterior
- Roof:Composition, Flat
- Year built:1945
- Lot area:0.55 Acres
Schools
- High school:Neah-Kah-Nie
- Middle school:Neah-Kah-Nie
- Elementary school:Nehalem
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,100,000
- Tax amount:$9,395
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