$2200000
8 Bed
7 Bath
3429 SqFt
120 DOM
Built: 1945
Real Estate Agent
(503) 336-1515A 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
202794385
120 DOM
8
0.55 acres
7
3429
1945
C1
Tillamook
49398
Nehalem
Neah-Kah-Nie
Neah-Kah-Nie
MultiFamily
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
Mohan Realty Group data last checked: Sep 10, 2025 20:07 | Listing last modified Sep 10, 2025 00:49,
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