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Property profile

218 Oceania Dr Waldport, OR 97394

OFF-MARKET
Residential income homes
Property ID
US71-0118218
2,576 SF 0.52 ac lot Built 2005
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Property summary

AI-generated overview

This exceptional Class A, single-family home presents a unique investment opportunity. Located at 218 NW Oceania Dr, Waldport, OR 97394, this 2,576 square foot property sits on a 0.52-acre lot and boasts breathtaking oceanfront views. Built in 2005, the three-story home features two bedrooms, each with its own bathroom, plus a loft area, totaling three bathrooms. A finished basement provides additional living space. The home includes a two-car garage and a cozy fireplace. Residents enjoy access to community amenities including tennis and pickleball courts, a pool, and a gym, all with low HOA fees. The property's convenient location offers easy access to local shops, restaurants, and attractions, with stunning views of the Alsea Bridge and Bay. The permitted zoning is R-1 Residential. This turnkey property is offered at $950,000. The asking price per square foot is $368.79. The property is being sold with exclusive rights. Don't miss this chance to own a piece of coastal paradise.

Property profile

Verified
Property type Residential income homes
Year built 2005
Total area 2,576 SF
Lot 0.52 ac (22,651 SF)
UPID US71-0118218

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel Bed & Breakfast

Location

218 Oceania Dr Waldport, OR 97394
Waldport metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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