Price Reduced Listing
$470,000
 $2,523 est/mo Sourced by Back At You

1061 S Downing St,Seaside, OR 97138

Seaside, OR 97138

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Description

Turnkey coastal retreat just three blocks from the beach! This beautifully updated 2-bedroom, 1-bath home is currently operating as a successful vacation rental and offers an outstanding opportunity as an investment property, second home, or full-time residence. Recent improvements include new flooring throughout, a new asphalt driveway and a new secure gated asphalt parking area providing ample off-street parking and added privacy. The fully fenced yard is ideal for pets, outdoor entertaining, or simply relaxing after a day at the beach. Being sold fully furnished, this move-in-ready home allows the next owner to enjoy it immediately or continue operating it as a vacation rental, subject to the City of Seaside's short-term rental licensing requirements. Located in the desirable R-3 zone, the property also offers future development potential (buyer to perform due diligence re this, and licensing after purchase as a short term rental property). Just minutes from the beach, shopping, restaurants, and Seaside's vibrant downtown, this is a rare opportunity to own a well-maintained coastal property with flexibility, charm, and income potential. Don't miss your chance to own a piece of the Oregon Coast...schedule your private showing today!

Details

MLS #324027662
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1947
Days On Site93
Listing Provided ByRise Above Realty | Ann Samuelson

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet788
BasementY
Story(s)1
ZoningR3
Acreage0.11

Interior

HeatingForced Air90
Heating YnYes
CoolingNone
Cooling YnNo
Interior FeaturesHigh Ceilings, Laundry, Vaulted Ceiling, Vinyl Floor, Washer Dryer, Wood Floors
Window FeaturesDouble Pane Windows
AppliancesFree Standing Range, Free Standing Refrigerator, Tile

Exterior

Exterior FeaturesDeck, Fenced, Fire Pit, Outbuilding, Tool Shed, Yard
RoofComposition
Security FeaturesSecurity Gate
Foundation DetailsConcrete Perimeter
Lot FeaturesLevel, Trees

Parking

Attached Garage YnNo
Parking FeaturesDriveway, Parking Pad

Taxes

Property2453

Area Information

StateOR
CountyClatsop
CitySeaside
Zip Code97138
School DistrictSeaside
Elementary SchoolPacific Ridge
High SchoolSeaside
Listing VS Median (in 97138)
Price:
$470,000
low | high
Med:
$659,900
9.595744680851% of Average
sqft:
788
low | high
Med:
2,302
100% of Average
$ / sqft:
$596
low | high
Med:
$287
100% of Average
On site:
93
low | high
Med:
77.5
100% of Average
Sourced by Back At You

Market Activity 97138

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Learn More About This Property

StateOR
CountyClatsop
CitySeaside
Zip Code97138
School DistrictSeaside
Elementary SchoolPacific Ridge
High SchoolSeaside
Listing VS Median (in 97138)
Price:
$470,000
low | high
Med:
$659,900
9.595744680851% of Average
sqft:
788
low | high
Med:
2,302
100% of Average
$ / sqft:
$596
low | high
Med:
$287
100% of Average
On site:
93
low | high
Med:
77.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $352K - $587K
sqft: 591 - 985
Nearby Listings Property ImageNearby Listings Details
425 S LINCOLN ST Property Photo 1
$394,000
425 S Lincoln St
Seaside, OR 97138
Listing Updated: October 21, 2026 at 1:07:45 PM PDT