Listing provided courtesy of RE/MAX Equity Group- MLS# 437208205
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Request Info131 E RAINBOW RDWaldport, OR 97394
Single Family · 1 Bed · 1 Full Bath · 780 Sq. ft. | 1.38 Acres$339,000
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131 E RAINBOW RD Overview
- Time on Site:
- 3 days
- Visits:
- 1
A unique opportunity 3.5 miles from Waldport along the Alsea rHighway. Private neighborhood with a perfect cottage and room for more. Includes existing cottage on large .69 acres lot and the adjacent lot (also .69 acres) Buyer due diligence on vacant lot. Has well in unknown condition. Great place to create a generational compound where summer days can be spent fishing the Alsea or crabbing at the coast. Expansive outdoor spaces for fish fry's, crab boils, outdoor games and nights around the fire pit. Cottage has 1BD with a large utility room that functions as a second bedroom/sleeping porch.
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131 E RAINBOW RD Facts & Features
- Type Single Family
- Sq. ft. 780
- Price/Sq.ft. $435
- Lot 1.38 Acres
Details
General
School Information
- Elementary School: Crestview Hghts
- Middle Or Junior School: Waldport
- High School: Waldport
Building Information
- Year Built: 1965
Location/Region
- Country: US
- County Or Parish: Lincoln
- MLS Area Major: 200 - Lincoln County
- Subdivision Name: Alsea River
Tax Information
- Tax Annual Amount: 2363.05
- Tax Year: 2025
General Information
- Disclosures: Exempt
- Listing Terms: Cash,Conventional
- Parcel Number: R448029
- Property Condition: Approximately
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Zoning: RR-5
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bathrooms Full: 1
- Bathrooms Partial: 0
- Bathrooms Total: 1
- Bedrooms Total: 1
Building Interior
- Building Area Total: 780.0
General Information
- Appliances: Appliance Garage,Free-Standing Range,Free-Standing Refrigerator
- Basement: None
- Fireplace Features: Propane
- Fireplaces Total: 1
- Foundation Details: Slab
- Heating: Baseboard
- Interior Features: Laminate Flooring,Washer/Dryer
- Stories: 1
- Window Features: Aluminum Frames,Vinyl Frames
Exterior
Parking Information
- Parking Features: Off Street
- Parking Total: 0
Lot Information
- Lot Features: Gentle Sloping,Private,Trees
- Lot Size Acres: 1.38
- Lot Size Square Feet: 60112.0
- Road Surface Type: Gravel
- Water Source: Well
Building Exterior/Construction
- Architectural Style: 1 Story,Cottage
- Roof: Flat
General Information
- Exterior Features: Fire Pit,Outbuilding,Yard
- Sewer: Standard Septic
131 E RAINBOW RD Neighborhood
Community
97394 (WALDPORT) Demographics
57
Median Age
80
Population Density (per sq. mile)
29%
College Educated
$49,559
Estimated Median Income
1,846
Estimated Total Home Owners
577
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.131 E RAINBOW RD Monthly Cost
131 E RAINBOW RD Market Data
Based on the last 30 days in this zip code
$581,915
Average List Price
$310
Average Price per Square Foot
12
Properties Sold
94
Average Days on Market
147
Properties for Sale
131 E RAINBOW RD History
| Date | Value | Agent |
|---|---|---|
| 6/26/2026Source: Regional MLS | June 26, 2026 |