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Listed by Coldwell Banker Professional

$950,000

Est. payment - /mo

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4 Beds

2.1 Baths

2,170 SqFt

Price Dropped by $25K

7415 E Summit Road Pacific City, OR 97135

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Michael Bouldin

mb@mbouldin.com +1(503) 313-1992

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,170 sqft

Price per Sqft $437

MLS Listing ID 392643779

Style Contemporary

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 2010

Annual Tax Amount $5,148

Tax Year 2024

Lot Size 0.280 Acres

Property Sub-Type Single Family Residence

Property Description

A beautiful Pacific City coastal retreat with stunning ocean and Nestucca River views—and proven short-term rental income. The property has already generated approximately $43,000 in rental revenue this year, with an estimated additional $10,000-$15,000 expected by year-end. Even more compelling, a projection from Oregon Beach Vacations indicates potential annual revenue of approximately $70,000, giving buyers an exciting opportunity to explore the income potential of this turnkey coastal property. The home is being sold furnished and includes a short-term rental permit that may be eligible for a one-time transfer, subject to county approval and buyer due diligence. This creates an attractive opportunity to continue operating the property as a vacation rental, use it as a personal coastal getaway, or enjoy the best of both. Built in 2010, this custom home was designed to capture the surrounding scenery, with expansive windows, an open-concept living area, heated hardwood floors, a spacious kitchen, and a primary bath with heated floors. Step onto the deck to enjoy sweeping coastal views, fresh ocean air, and the peaceful setting. Located in desirable Pacific City, you're close to fishing, crabbing, kayaking, river recreation, beaches, and everything that draws visitors to the Oregon Coast. Proven income. Strong rental upside. Incredible coastal setting. Furnished and ready to enjoy. This is the kind of property that can work for both your lifestyle and your investment goals. Rental revenue figures are provided by the seller. The approximately $70,000 figure is a projection from Oregon Beach Vacations and is not a guarantee of future income. Buyer to verify all income, expenses, rental regulations, and permit transferability.

Location

State OR

County Tillamook

Area _195

Zoning PCW-R1

Rooms

Basement Unfinished

Interior

Interior Features Furnished, Hardwood Floors, Hookup Available, Jetted Tub, Tile Floor, Vaulted Ceiling, Wallto Wall Carpet, Washer Dryer

Heating Forced Air

Cooling Other

Fireplaces Number 1

Fireplaces Type Propane

Appliance Dishwasher, Free Standing Range, Free Standing Refrigerator, Induction Cooktop, Island, Microwave

Exterior

Exterior Feature Deck, Fire Pit, Porch

Parking Features Attached

Garage Spaces 2.0

View Mountain, Ocean, River

Roof Type Composition

Garage Yes

Building

Lot Description Sloped

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Nestucca Valley

Middle Schools Nestucca Valley

High Schools Nestucca

Others

Senior Community No

Acceptable Financing Cash, FHA, VALoan

Listing Terms Cash, FHA, VALoan

Virtual Tour https://www.youtube.com/watch?v=Uo-SpuoqzYw

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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Michael Bouldin

Realtor® License ID: 201217278

+1(503) 313-1992