Turnkey 3 bed / 2 bath coastal home in Depoe Bay, operating as a successful Airbnb. Zoning (L1) permits short-term rentals outright, with no moratoriums or quotas affecting this property. Licensed for STR use with the City of Depoe Bay for three consecutive years, the home has produced 44,000 in income over the past 12 months and holds a 4.7/5 guest rating. The property offers added flexibility for hosting and rental income. Guests enjoy a private back deck with hot tub, versatile layout, and proximity to shops, dining, and being near the ocean —making this an excellent investment or personal getaway, short or long term living! Walking height concrete basement helps make this rare coastal gem the perfect family home if investment isn't your thing.
For sale
Listed by:
TAYLOR CAMPBELL Cell:541-619-4564,
Epique Realty
Price cut: $33K (9/19)
$445,000
648 Painter Ln, Depoe Bay, OR 97341
3beds
1,822sqft
Est.:
Single Family Residence
Built in 1947
7,405.2 Square Feet Lot
$442,900 Zestimate®
$244/sqft
$-- HOA
What's special
Versatile layout
- 109 days |
- 967 |
- 46 |
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 06:42pm
Listed by:
TAYLOR CAMPBELL Cell:541-619-4564,
Epique Realty
Source: WVMLS,MLS#: 832947
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Dining room
- Features: Area (Combination)
Heating
- Forced Air
Appliances
- Included: Dishwasher, Range Included, Electric Water Heater
Features
- Flooring: Vinyl, Wood
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,822
- Total interior livable area: 1,822 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Has spa: Yes
- Spa features: Heated
- Fencing: Partial
Lot
- Size: 7,405.2 Square Feet
Details
- Additional structures: RV/Boat Storage
- Parcel number: 091108CA0770000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Shake Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Depoe Bay
Financial & listing details
- Price per square foot: $244/sqft
- Tax assessed value: $279,570
- Annual tax amount: $2,688
- Price range: $445K - $445K
- Date on market: 8/23/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$442,900
$421,000 - $465,000
$2,920/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2025 | Price change | $445,000-6.9%$244/sqft |
Source: | ||
| 9/5/2025 | Price change | $478,000-7.2%$262/sqft |
Source: | ||
| 8/29/2025 | Listed for sale | $515,000$283/sqft |
Source: | ||
| 8/28/2025 | Pending sale | $515,000$283/sqft |
Source: | ||
| 8/23/2025 | Listed for sale | $515,000+98.1%$283/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,688 +4.7% | $213,240 +3% |
| 2023 | $2,568 +3% | $207,030 +3% |
| 2022 | $2,494 -3.9% | $201,000 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,655/mo
Principal & interest
$2187
Property taxes
$312
Home insurance
$156
Climate risks
Neighborhood: 97341
Nearby schools
GreatSchools rating
- 6/10Taft Elementary SchoolGrades: 3-6Distance: 9.3 mi
- 1/10Siletz Valley SchoolGrades: K-12Distance: 8.9 mi
- 3/10Taft High SchoolGrades: 9-12Distance: 9.5 mi
Schools provided by the listing agent
- Elementary: Taft
- Middle: Siletz
- High: Taft
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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