
Photograph 1 of 22
131 E Rainbow Rd, Waldport
$339,000
Save- Price per sqft
- $434.62
- Built in
- 1965
- Property size
- 780 sqft
- Lot size
- 1.38 acres
- Property type
- Residential
- Days on market
- 78
Overview
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.
Details
Interior
- Interior features
- Laminate Flooring, Washer / Dryer
- Appliances
- Appliance Garage, Free Standing Range, Free Standing Refrigerator
- Fireplace
- Yes
- Fireplaces
- 1
- Fireplace description
- Propane
- Cooling
- No
- Heating
- Yes
- Heating description
- Baseboard
- Windows
- Aluminum Frames, Vinyl Frames
Exterior and lot
- Lot size
- 1.38 acres
- Exterior features
- Fire Pit, Outbuilding, Yard
- Lot features
- Gentle Sloping, Private, Trees
- Architectural style
- One Story, Cottage
- Roof
- Flat
- View
- Yes
- View description
- Trees / Woods
Utilities
- Sewer
- Standard Septic
- Water source
- Well
Parking
- Garage spaces
- 0
- Parking
- Off Street
- Total parking
- 0
Schools
- High school
- Waldport
- Middle school
- Waldport
- Elementary school
- Crestview Hghts
Location
- City
- Waldport
- County
- Lincoln
- Zoning
- RR-5
- Subdivision
- Alsea River
Taxes and dues
- Annual taxes
- $2,363 (2025)
Location
131 E Rainbow Rd, Waldport, OR 97394

Monthly payment estimate
$2,001 /mo
- Principal and interest
- $1,804
- Property tax (2025)
- $197
- Total
- $2,001
Estimate only, and not an offer of credit. Assumes 20% down ($67,800) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.






























