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    Property profile & analytics

    1005 Pacific Way Waldport, OR 97394

    • Residential income homes
    • 1,600 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0254396
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 1005 Pacific Way

    Year built
    1982
    Lot size
    0.16 lot acres
    Property size
    1,600 SF
    Property type
    Residential income homes
    APN
    13-12-13-DD-11900-00

    Description

    This exceptional Class A single-family rental property, located at 1005 NW Pacific Way, Waldport, OR 97394, presents a unique investment opportunity. The 1,600 square foot home sits on a 0.16-acre lot and boasts three bedrooms and one and a half bathrooms. Built in 1982, this single-story residence features updated interiors with new flooring, finishes, and furnishings. The property's prime location offers stunning water views, providing a tranquil setting for relaxation. The home's convenient one-level living makes it easily accessible and comfortable. The property is zoned R-1 Residential and includes amenities such as access to a seasonal pool, meeting room, and other activities. The asking price is $549,000, translating to $343.12 per square foot and $549,000 per unit. The property's APN is 13-12-13-DD-11900-00. Directions: North of the Waldport Bridge, turn west on Bayshore Dr. Follow to the stop sign. Turn right on Westward Ho, left on Oceania, and the second left is Pacific Way. The house is on the right. Please do not disturb the occupants.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waldport
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.0819249
    Latitude
    44.4344539

    Comparable in this City

    • $1,150,000
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      Waldport Mixed-Use Investment Opportunity

      Prime Hwy 101 location, high rental upside.
      180 Highway 101, Waldport, OR 97394
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    • $74,000
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      Land in Gated 55+ Community

      Land in desirable 55+ community with beach access.
      TL-700 SW Sailfish Loop, Waldport, OR 97394
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    • $715,000
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      Waldport 5-Plex Near Bay Front

      Well-maintained 5-unit property near Waldport's bay front.
      180 5, Waldport, OR 97394
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    • $74,000
      0.17 Acres

      Land in Gated Community

      Land in 55+ community with beach access and city services.
      600 SW Sailfish Loop, Waldport, OR 97394
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    • $75,000
      0.92 Acres

      Yachats Land on Oregon Coast

      Rare 0.92 acre double lot near beaches and towns.
      TL2100 NE Nevada St, Yachats, OR 97394
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    • $299,000
      0.32 Acres

      Bayfront Lot with Ocean Views

      Bayfront-like lot in Alsea Highlands with bay, bridge, ocean views.
      1000 NW Highland Rd, Waldport, OR 97394
      View Details

    Similar Nearby for Sale

    • $1,150,000
      7,725 SF

      Waldport Mixed-Use Investment Opportunity

      Prime Hwy 101 location, high rental upside.
      180 Highway 101, Waldport, OR 97394
      View Details
    • $74,000
      0.15 Acres

      Land in Gated 55+ Community

      Land in desirable 55+ community with beach access.
      TL-700 SW Sailfish Loop, Waldport, OR 97394
      View Details
    • $715,000
      3,652 SF

      Waldport 5-Plex Near Bay Front

      Well-maintained 5-unit property near Waldport's bay front.
      180 5, Waldport, OR 97394
      View Details
    • $74,000
      0.17 Acres

      Land in Gated Community

      Land in 55+ community with beach access and city services.
      600 SW Sailfish Loop, Waldport, OR 97394
      View Details
    • $750,000
      2,427 SF

      Waldport Commercial Office Building

      Prime Waldport location, versatile office space.
      260 Willow St, Waldport, OR 97394
      View Details
    • $80,000
      0.15 Acres

      Residential Lot in Established Community

      Residential lot near the coast with city utilities available.
      300 SW Dolores Dr, Waldport, OR 97394
      View Details
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    1005 Pacific Way
    Waldport, OR 97394
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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