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$2,200,000

259 S Pacific St Rockaway Beach, OR 97136

0.6 acres
House

Property details

About 259 S Pacific St

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

Highlights

Home typeOther
HeatingBaseboard, Forced Air
StatusActive
CoolingAir Conditioning, Central Air
Lot size0.55 Acres
Year built1945
ParkingDriveway, Garage
MLS #202794385
Garage2 spaces
WaterfrontOcean Front
ViewOcean

Summary

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Driveway, Garage
  • Waterfront: Ocean Front
  • View: Ocean
  • Heating: Baseboard, Forced Air
  • Cooling: Air Conditioning, Central Air
  • List Price: $2,200,000
  • Annual Tax Amount: $8,612
  • Tax Year: 2023
  • Directions: Off of Hwy 101, Turn on 2nd Street and L on S Pacific
  • Year Built: 1945
  • Stories: 2
  • Lot Size: 0.55 Acres
  • MLS Number: 202794385
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Real Broker
  • Office Email: ryan@purdysproperties.com
  • Listing Agent: Ryan Purdy

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 9:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 20, 2019
Home Sold
$750,000

Tax history

YearAssessmentProperty Tax
2023$868,880$8,612
2022$838,860$8,295
2021$789,010$8,295
2020$766,030$7,789
2019$743,720$7,359
2017$701,030$6,970

History based on county public records data.

Nearby schools

7

Garibaldi Elementary School

Public District KG-5

3.7 mi

604 Cypress Ave

9

Nehalem Elementary School

Public District KG-5

8.0 mi

36300 8th St

4

East Elementary School

Public District 4-6

12.4 mi

3905 Alder Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,870. Typical income of Rockaway Beach, OR residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

35%
<35k
52%
35k-100k
9%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
7%
Single, with Kids
32%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
6%
12-17 yrs old
11%
18-34 yrs old
46%
35-64 yrs old
30%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Figure SkatingFigure Skating
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Bass Pro ShopsBass Pro Shops

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • CadillacCadillac
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Classic CountryClassic Country
  • OldiesOldies
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 259 S Pacific St

The listing price of 259 S Pacific St property is $2,200,000.

The property 259 S Pacific St is a house located in Rockaway Beach, Oregon, 97136.

Active Listing: 259 S Pacific St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 259 S Pacific St are: Garibaldi Elementary School (GreatSchools Rating 7/10), Nehalem Elementary School (GreatSchools Rating 9/10), East Elementary School (GreatSchools Rating 4/10), Neah-Kah-Nie Middle School (GreatSchools Rating 3/10), Tillamook Junior High School (GreatSchools Rating 4/10), Broadway Middle School (GreatSchools Rating 2/10), Neah-Kah-Nie High School (GreatSchools Rating 7/10), Tillamook High School (GreatSchools Rating 5/10), Trask River High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $8,612 (source: MLS/based on county public records data).

The last sale was on September 20, 2019 for $750,000 (source: MLS/tax record).

The property at 259 S Pacific St has 0 bathroom.

The year of construction for 259 S Pacific St is 1945.

This home is located at 259 S Pacific St in Rockaway Beach, OR and zip code 97136. Features: 0 bathroom. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $2,200,000.

Rockaway Beach, OR housing market in June 2025 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 3 sold below. The number of homes for sale in Rockaway Beach, OR did not change between May and June 2025. In June 2025, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $522,000.

From Rocket Homes Real Estate and based on county public records data.

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