$585000
Price cut: $10K (07-01-2025)
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3 Bed
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1 Bath
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1040 SqFt
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112 DOM
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Built: 1950
- Status: Active
Love this home?
Rare Coastal Gem – Prime Two-Lot STR Property in Rockaway Beach!This is a rare opportunity to own a spacious Short-Term Rental-licensed home or full-time private residence on two combined tax lots, just steps from both the ocean and the lake! Nestled in a prime Rockaway Beach location, this beautifully updated 3-bedroom, 1-bath home sits on an oversized, double-lot property—offering flexibility, income potential, and the essence of Oregon coastal living.Step inside to find modern finishes and an open-concept layout connecting the living room, dining area, and kitchen—perfect for entertaining or unwinding after a day at the beach. The bedrooms are spacious and filled with natural light, creating a warm and welcoming atmosphere throughout the home.Enjoy outdoor living on the covered patio, ideal for gatherings year-round. The partially fenced yard offers plenty of room for gardening, relaxing, or future enhancements.Prime Location Highlights:*Just 1.5 block walk to beach access*Lake views and easy access right out your front doorInvestment Highlights:*STR license in place — a major value adds in a market where the license cap has been met, and no new licenses are currently being issued*Transferable STR license (one-time transfer allowed per Tillamook County regulations)*Turnkey rental opportunity with strong appeal for vacationers year-round*Additional lot included: Vacant Tax Lot #2N1020CA09900 | Parcel #49290R*Combined lot size, acreage, and taxes reflect both parcelsWhether you’re looking for a coastal getaway, a smart investment, or a home with room to grow, this one checks every box. The additional lot offers potential for expansion or future development—buyers to perform due diligence on ADU or building possibilities.Don’t miss out on this rare chance to own a two-lot property with an active STR license in one of the Oregon coast’s most desirable communities.
Listing Provided Courtesy of Megan Despain, Keller Williams Sunset Corridor
General Information
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493739144
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SingleFamilyResidence
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112 DOM
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3
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6534 SqFt
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1
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1040
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1950
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RK_R1
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Tillamook
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49389
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Nehalem
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Neah-Kah-Nie
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Neah-Kah-Nie
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Residential
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SingleFamilyResidence
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SUBD NAME: NEDONNA BLK NO: 5 LOT NO: 8
Listing Provided Courtesy of Megan Despain, Keller Williams Sunset Corridor
PDXA1 Realty Group data last checked: Jul 04, 2025 23:40 | Listing last modified Jul 02, 2025 09:37,
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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.
— Jagathishp
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.
— Ramren Garajan
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