About 131 E Rainbow Rd
A unique opportunity 3.5 miles from Waldport along the Alsea rHighway. Private neighborhood with a perfect cottage and room for more. Includes existing cottage on large .69 acres lot and the adjacent lot (also .69 acres) Buyer due diligence on vacant lot. Has well in unknown condition. Great place to create a generational compound where summer days can be spent fishing the Alsea or crabbing at the coast. Expansive outdoor spaces for fish fry’s, crab boils, outdoor games and nights around the fire pit. Cottage has 1BD with a large utility room that functions as a second bedroom/sleeping porch.
Features of 131 E Rainbow Rd
| MLS® # | 437208205 |
|---|---|
| Price | $339,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 780 |
| Acres | 1.38 |
| Year Built | 1965 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | 1 Story, Cottage |
| Status | Active |
Community Information
| Address | 131 E Rainbow Rd |
|---|---|
| Area | 200 - Lincoln County |
| Subdivision | Alsea River |
| City | Waldport |
| County | Lincoln |
| State | OR |
| Zip Code | 97394 |
Amenities
| Parking | Off Street |
|---|---|
| View | Trees/Woods |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Laminate Flooring, Washer/Dryer |
|---|---|
| Appliances | Free-Standing Range, Free-Standing Refrigerator, Appliance Garage |
| Heating | Baseboard |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Propane |
| # of Stories | 1 |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | Wood Siding |
|---|---|
| Exterior Features | Fire Pit, Outbuilding, Yard |
| Lot Description | Gentle Sloping, Private, Trees |
| Windows | Aluminum Frames, Vinyl Frames |
| Roof | Flat |
| Foundation | Slab |
School Information
| Elementary | Crestview Hghts |
|---|---|
| Middle | Waldport |
| High | Waldport |
Additional Information
| Date Listed | June 26th, 2026 |
|---|---|
| Days on Market | 87 |
| Zoning | RR-5 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX Equity Group |
|---|