#24140604, Kendall Bergstrom-Delancellotti, Wendy Martin, Listing office: Cascade Hasson Sotheby's International Realty
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
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
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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
Date | Event | Price |
---|---|---|
Sep 20, 2019 | Home Sold | $750,000 |
Tax history
Year | Assessment | Property 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.
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.
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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.