$1850000

Price cut: $250K (04-02-2026)

8 Bed
7 Bath
3429 SqFt
327 DOM
Built: 1945
Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

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 an investment opportunity and a family retreat. At the heart of the property is a large single family home with 3 bedrooms and 3 baths on one level and an attached ADU with a transferable short term rental license and an additional 3 bedrooms and 2 baths; ideal for multigenerational living. 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, new 2025 roof on the duplex, 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

MLS #202794385
Type
Days on Market 327 DOM
Beds8
Lot Size 0.55 acres
Baths7
SqFt3429
Year built1945
ZoningC1
CountyTillamook
Tax ID49398
ElemNehalem
MiddleNeah-Kah-Nie 7/10
HighNeah-Kah-Nie 7/10
PropCategoryMultiFamily
PropType
Neighborhood (Legal)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

Krishna Realty data last checked: Apr 05, 2026 10:28 | Listing last modified Apr 05, 2026 00:12, Source:

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Residence Information

Upper SqFt
Main SqFt
Lower SqFt
Total SqFt3429
SFSrc
TotUp/Mn
Fireplaces
Bdrms8
Full Bath
Partial Bath
Total Bath7
RoofComposition,Flat
Garage2,
Style
ParkingDriveway,Garage
Levels2
Year Built1945
Green CertNo
Energy Eff
ExteriorCementSiding, VinylSiding
Bsmt/Fnd
RV
URM
Basement
Foundation
Windows
Amenities

Features and Utilities

Living
Kitchen
Interior
Exterior
Accessibility
CoolAirConditioningReady, CentralAir
WaterElectricity
HeatBaseboard, ForcedAir
SewerPublicSewer
Hot WaterElectricity
FuelElectricity

Financial

PTax/Yr9395.12
HOA
HOA InclElectricity,Heat,MaintenanceGrounds,Sewer,TrashCol
HOA Fee
Other Dues
Terms ConsideredCash,Conventional
List Date05-13-2025
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date
DOM 327
CDOM 327
Sold Date
TermsCash,Conventional
Original Price$2,200,000
List Price$1,850,000
Sold Price
Last ModifiedApr 05, 2026 00:12

Schools

Elementary : Nehalem N/A Ratings

public Middle : Neah-Kah-Nie 7/10 Ratings

public High : Neah-Kah-Nie 7/10 Ratings

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. Krishna Realty data last checked: Apr 05, 2026 10:28 | Listing last modified Apr 05, 2026 00:12. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

259 S PACIFIC ST