$2200000
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8 Bed
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7 Bath
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3429 SqFt
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73 DOM
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Built: 1945
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Status: Active
Love this home?
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 Provided Courtesy of Ryan Purdy, Real Broker
General Information
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202794385
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73 DOM
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8
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0.55 acres
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7
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3429
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1945
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C1
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Tillamook
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49398
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Nehalem
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Neah-Kah-Nie
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Neah-Kah-Nie
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MultiFamily
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Corner of Lot 16, Block 55, Rockaway Beach Subdivision, situated in the Southwest quarter of Section 32
Listing Provided Courtesy of Ryan Purdy, Real Broker
PDXA1 Realty Group data last checked: Jul 25, 2025 09:41 | Listing last modified Jul 25, 2025 02:25,
Source:
Residence Information
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-
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3429
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-
-
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8
-
-
-
7
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Composition,Flat
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2,
-
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Driveway,Garage
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2
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1945
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No
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CementSiding, VinylSiding
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-
-
-
-
-
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Features and Utilities
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-
-
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AirConditioningReady, CentralAir
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Electricity
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Baseboard, ForcedAir
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PublicSewer
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Electricity
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Electricity
Financial
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8648.74
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Electricity,Heat,MaintenanceGrounds,Sewer,TrashCol
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-
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Cash,Conventional
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05-13-2025
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No
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No
Comparable Information
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73
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73
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Cash,Conventional
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$2,200,000
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$2,200,000
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Jul 25, 2025 02:25
Schools
Map
Listing courtesy of Real Broker.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Jul 25, 2025 09:41 | Listing last modified Jul 25, 2025 02:25.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
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Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
— Vignesh Chan
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
— Praveen
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
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Thinking about buying or selling. Let’s Talk.
Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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