Active

$650,000

82 E Rainbow Rd, Waldport, OR 97394

2beds

2,307sqft

Est.:

Single Family Residence

Built in 1978

2.77 Acres Lot

$605,700 Zestimate^®

$282/sqft

$-- HOA

What's special

Vaulted ceilingsRich wood panelingBlooming roses and rhododendrons

This home is rich in history and vintage charm, awaiting someone with a vision to restore it to its full potential. Live comfortably as you renovate it. When you step inside, you're greeted by vaulted ceilings, rich wood paneling, and large windows that frame a breathtaking view of the Alsea River! A separate studio provides space for guests or creativity. Situated on a large parcel of marketable timber, the property offers as much potential as the home does. The yard boasts a variety of mature trees, including apple, cherry, peach, pear, bay leaf, and rosemary, complemented by blooming roses and rhododendrons. Grow your own food! Elk and deer are frequent visitors! This property is a haven for outdoor enthusiasts seeking tranquility, privacy, and a serene natural setting.

127 days

533

18

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Has Heating (Unspecified Type)

Appliances

Included: Dryer, Electric Cooktop, Microwave, Washer, Water Heater

Features

Vaulted Ceiling(s)
Flooring: Other
Has basement: No
Has fireplace: No

Interior area

Total structure area: 2,307
Total interior livable area: 2,307 sqft
Finished area above ground: 2,307
Finished area below ground: 0

Property

Features

Levels: One
Stories: 1

Lot

Size: 2.77 Acres

Details

Additional structures: Shed(s)
Parcel number: 131127B31500
Zoning description: RR-5 Rural 5 acre

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

New construction: No
Year built: 1978

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Electricity Connected, Natural Gas Not Available, Water Available

Community & HOA

HOA

Has HOA: No

Location

Region: Waldport

Financial & listing details

Price per square foot: $282/sqft
Tax assessed value: $440,680
Annual tax amount: $3,443
Date on market: 9/12/2025
Listing terms: Cash,Conventional,Rehabilitation Loan
Electric utility on property: Yes
Road surface type: Gravel

Estimated market value

$605,700

$575,000 - $636,000

$2,273/mo

Price history

Date	Event	Price
9/12/2025	Listed for sale	$650,000+306.3%$282/sqft
Source: OCMLS #25-2071 Report a problem
2/19/2016	Sold	$160,000-10.6%$69/sqft
Source: Public Record Report a problem
7/27/2001	Sold	$179,000$78/sqft
Source: OCMLS #01-1245 Report a problem