Water Views
Address
432 Us-101 S, Rockaway Beach, OR
Price
$ 1,290,000
Property Attributes
  • MLS#26877
  • TypeSingle Family
  • Listing Status Active
  • CountyTILLAMOOK
  • CityRockaway Beach
  • NeighborhoodElmore Park
  • Zip97136
  • Style
  • Year Built1940
  • Taxes$ 5532
  • Price$ 1,290,000
  • Bedrooms10
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage4305
  • Lot Size0.32 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property Description

INCREDIBLE OPPORTUNITY in Rockaway Beach! This updated 7 unit coastal hotel is ideally located just across the street from easy beach access, making it highly desirable for vacationers seeking the ultimate Oregon Coast experience. Recent improvements elevate both comfort and functionality while maintaining the property's inviting coastal charm. The hotel offers multiple room styles and flexible layouts, appealing to a wide range of guests and maximizing rental potential. Outdoor amenities create a true gathering space, featuring a cozy fire pit for evening relaxation, a covered gazebo for year round enjoyment, and a sandy yard perfect for kids to play and explore. With the beach only steps away, guests can effortlessly enjoy ocean walks, stunning sunsets, and classic seaside activities, all within minutes of their rooms. Also, the quaint, beach town of Rockaway Beach is an easy walk and just a few block away. This turnkey hospitality property is well positioned for strong guest demand and repeat bookings. A rare chance to own a Rockaway Beach investment property offering excellent beach proximity, versatile outdoor spaces, and proven vacation appeal ideal for investors seeking a coastal hotel, short-term rental, or boutique lodging opportunity in one of the Oregon Coast's most popular destinations.

Price History
4/7/2026 Listed $1,400,000
7/14/2026 8$1,290,000

General Features

Heating Electric,Heat Pump
Cooling Electric,Ductless
Utilities Cable Available,Electricity Connected,Phone Available,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Electric Range,Microwave,Refrigerator
Zoning C-1 Commercial
Architectural Style Other
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Year Built 1940
View Ocean
Property Subtype Multi Family
Tax Year 2025
OwnerPays All Utilities,Common Area Maintenance,Exterior Maintenance,Repairs
Additional Parcels Description 1N1005BB-10102
County Tillamook
Property Type Residential Income
HOA No
Attached Garage No
Subdivision Name Elmore Park
Garage Y/N No
Other Structures Gazebo
Status Active
Directions From Tillamook,N on Hwy 101 to Rockaway Beach. Property on R
City Rockaway Beach
Senior Community Y/N No
High School District SD56
Number Of Units Total 7
Lot Size Units Acres
Lot Size Square Feet 13939.2
Carport Y/N No
Year Built Details Fully remodeled in 2023
Land Lease Y/N No
Tax Annual Amount 5532.85
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active
Year Built Source Assessor
Year Built Effective 2023

Interior Features

Flooring Vinyl
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds,Vinyl Frames
Fireplace Y/N No
Above Grade Finished Area 4305.0
Total Bedrooms 10
Below Grade Finished Area 0.0
Total Baths 8
Heating-Heat Pump True

Exterior Features

Parking Features Additional Parking,Gravel,Off Street
Lot Features Level
Water Source Public
Total Parking 8.0
Lot Size Area 0.32
Foundation Details Block,Concrete Perimeter,Slab
Number of Buildings 3
Spa No
Building Area Total 4305.0
Lot Size Acres 0.32
Road Surface Type Asphalt
Road Frontage Type City Street,Highway
Crops Included Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97136

Price
AVG $590K
$1.29M
Taxes
AVG $2,883
$5,532
Year Built
AVG 1984
1940
Visits
AVG 32
25
Data Provided by Inside Real Estate®

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