0 20Th Ave Rockaway Beach, OR 97136
This exceptional offering presents four contiguous lots (APN: 412682, 412683, 408794, 23012) totaling one acre in Rockaway Beach, Oregon (97136), boasting breathtaking panoramic views of the Pacific Ocean, Lytle Lake, and Crescent Lake, including Twin Rocks. Nestled above the picturesque coastline, these lots provide a secluded setting with unlikely development above due to the slope and topography. The RK-R-2 zoning permits mobile and stick-built homes (tiny homes may not be permitted). While annexation to the City of Rockaway Beach is likely needed for city water, non-firm estimates for power ($21,926.41), water connection ($32,508 total for all four lots), and geotechnical work (~$8,000) are available. 2022 property taxes were a mere $269.98 for all four lots. Survey pins were placed around 2007
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.