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  • $650,000

    82 E Rainbow Rd, Waldport, OR 97394

    2beds
    2baths
    2,307sqft
    : 
    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. 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 creativity or guests. Situated on a generous 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 privacy, tranquility, and a serene natural setting.
    115 days
    |
    452
    |
    13
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 16, 2025 at 02:36pm

    Listed by:

    Makennah P Warner 509-392-2134,

    Elkhorn Real Estate

    Source: OCMLS,MLS#: LC-104830MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Appliances
    • Included: Dryer, Electric Cooktop, Microwave, Washer, Water Heater
    Features
    • Vaulted Ceiling(s)
    • Flooring: Other
    • Has basement: No
    Interior area
    • Total structure area: 2,307
    • Total interior livable area: 2,307 sqft

    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
    • 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
    • Electric utility on property: Yes
    • Road surface type: Gravel
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    Estimated market value

    $605,700

    $575,000 - $636,000

    $2,603/mo

    Price history

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

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$3,340 +3.1%$253,180 +3%
    2023$3,241 +3.7%$245,810 +3%
    2022$3,125 -0.5%$238,660 +3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,781/mo
    Principal & interest
    $3098
    Property taxes
    $455
    Home insurance
    $228

      Climate risks

      Neighborhood: 97394

      Nearby schools

      GreatSchools rating

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