259 S Pacific St, Rockaway Beach, OR

$1,850,000

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0.55

Acres

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 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.

Features of 259 S Pacific St

MLS® # 202794385
Price $1,850,000
Bathrooms 0.00
Acres 0.55
Year Built 1945
Type Multi Family
Status Active

Community Information

Address 259 S Pacific St
Area 195 - Tillamook County
City Rockaway Beach
County Tillamook
State OR
Zip Code 97136

Amenities

Parking Spaces 2
Parking Driveway, Garage
# of Garages 2
View Ocean
Is Waterfront No
Waterfront Ocean Front
Has Pool No

Interior

Heating Baseboard, Forced Air
Cooling Air Conditioning Ready, Central Air
Fireplace No
# of Stories 2

Exterior

Exterior Cement Siding, Vinyl Siding
Lot Description Brush, Ocean Beach 1/4 Mile or Less
Roof Composition, Flat

School Information

Elementary Nehalem
Middle Neah-Kah-Nie
High Neah-Kah-Nie

Additional Information

Date Listed May 13th, 2025
Days on Market 344
Zoning C1
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Broker
Contact Inforyan@purdysproperties.com

Listing Map

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