$1,500,000
SOLD JUL 23, 2025

1175 2nd St SE Bandon, OR 97411

-- Bed
-- Bath
3,680 Sq Ft
1.13 Acres

Recently Sold

$408 Per Sq Ft

17% Below List Price

168 Days on Market

Highlights

  • RV Access or Parking
  • View of Trees or Woods
  • Landscaped with Trees
  • Ocean Crest Elementary School Rated 9+
  • 1.13 Acre Lot
  • Zoned Heating

About This Home

As of July 2025

UPDATED & REBRANDED IN 2022, this STYLISH Boutique Motel & RV Park is a TURNKEY, PROFITABLE operation that’s immaculately maintained & ready for new ownership. The b.side motel+rv features 10 UNIQUELY CURATED rooms (each w/its own private bath), offering a perfect blend of MODERN & VINTAGE style. Guests enjoy COMFORTABLE, CLEAN accommodations w/PREMIUM mattresses, high-end linens, FRIDGES, MICROWAVES, TVS, & HIGH-SPEED WIFI. A recently UPDATED manager’s unit includes 2 spacious bedrooms, 2 baths, & a full kitchen, ideal for an ON-SITE MANAGER or as additional RENTAL INCOME. A fully equipped housekeeping facility behind the motel ensures smooth daily operations. The RV PARK offers a serene, welcoming ambiance w/GORGEOUS LIGHTING, lush GREENERY, & SAFE, peaceful accommodations. There are 8 RV spaces that accommodate rigs ranging from 21-38ft, each offering FULL HOOKUPS, including SEWAGE & WATER. Additionally, there are 2 tent/car camping sites & 2 private, guest-only RV bathrooms w/COIN-OPERATED laundry. This property is the only 100% DOG-FRIENDLY motel in Bandon, offering additional revenue opportunities. Surrounded by tall trees, the grounds feature inviting OUTDOOR SPACES for guests. Conveniently located near Old Town Bandon, the beach, & world-renowned Bandon Dunes Golf Resort. An AUTOMATED, SECURE SELF-CHECK-IN SYSTEM eliminates the need for full-time on-site management, while the ONLINE BOOKINGS system ensures a low-friction guest experience. A growing SOCIAL MEDIA PRESENCE & website build guest loyalty, & TECHNOLOGY UPGRADES enhance efficiency & access to VALUABLE CUSTOMER DATA. Since rebranding, occupancy & revenue have SIGNIFICANTLY INCREASED, & the property boasts EXCELLENT REVIEWS, being the highest-rated motel in Bandon on Google. This IMPECCABLE OPPORTUNITY offers a 9.87% CAP RATE based on the list price of $1,500,000, w/all marketing, guest mgmt, housekeeping, maintenance, furnishings & equipment included. POF or Prequal letter before showings please.

Last Agent to Sell the Property

Joel Sweet

Pacific Properties Brokerage Phone: 541-290-9597 License #201214598 Listed on: 12/16/2024

Co-Listed By

Karen Joy Ellingson

Pacific Properties Brokerage Phone: 541-290-9597 License #200002172

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,457

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 1.13 Acre Lot
  • Level Lot
  • Landscaped with Trees

Property Views

  • Woods
  • Territorial

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Parking

  • 32 Parking Spaces
  • RV Access or Parking

Schools

  • Ocean Crest Elementary School
  • Harbor Lights Middle School
  • Bandon High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes electricity, heat, ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number 2267701

Community Details

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $302,018
  • Gross Income $453,736
  • Net Operating Income $151,718

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,457

Year Built

Built in 1949 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1949
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: Acres1to3

Exterior Features

  • Exterior Description: Stucco
  • Lot Size: 1 to 2.99 Acres
  • View: Yes
  • Lot Features: Level, Trees
  • Road Surface Type: Gravel, Paved
  • Roof: Composition
  • View: Territorial,TreesWoods

Garage/Parking

  • Parking Description: RVAccessParking
  • Attached Garage: No
  • Total Parking Spaces: 32.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Other
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Ocean Crest
  • High School: Bandon
  • Middle Or Junior School: Harbor Lights

Lot Info

  • Zoning: C-2
  • Lot Size Acres: 1.13
  • Lot Size Sq Ft: 49222.0
  • Parcel #: 2267701

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Heat, MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 4457.0

Multi Family

  • Gross Rent Multiplier: 3.31
  • Annual Gross Income: 453736.0
  • Property Net Operating Income: 151718.0
  • Annual Operating Expense: 302018.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
Jul 21, 2025
Sold by
1175 2Nd St Se Llc
Bought by
Oregon Bayside Realty Llc
Seller's Agent
Joel Sweet
Pacific Properties
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$1,800,000
Sold Price
$1,500,000
Premium/Discount to List
-$300,000
-16.67%
Views
81
Current Estimated Value
$1,506,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,154
Avg. Annual Appreciation
1.65%
Original Mortgage
$1,200,000
Outstanding Balance
$1,196,932
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$309,222

Purchase Details

Closed on
Aug 26, 2021
Sold by
Hignell Melissa N and Pryomski Ryan K
Bought by
1172 2Nd St Se Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 18, 2021
Sold by
Pitman David M
Bought by
Hignell Melissa N and Pryomski Ryan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 20, 2017
Sold by
Bettencourt Roxanne M and Bettencourt Rosanne M
Bought by
Pitman David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.89%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,500,000 Ticor Title
Quit Claim Deed -- None Available
Warranty Deed $1,050,000 Ticor Title Coquille
Warranty Deed $337,000 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 New Conventional
Previous Owner $578,000 Future Advance Clause Open End Mortgage
Previous Owner $262,500 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2025 07/23/25 Sold $1,500,000 0.0% $408 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
05/12/2025 05/12/25 Price Changed $1,500,000 -9.1% $408 / Sq Ft
04/09/2025 04/09/25 Price Changed $1,650,000 -8.3% $448 / Sq Ft
03/06/2025 03/06/25 For Sale $1,800,000 0.0% $489 / Sq Ft
03/02/2025 03/02/25 Pending -- -- --
12/16/2024 12/16/24 For Sale $1,800,000 -- $489 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,457 $397,030 -- --
2023 $4,340 $385,470 $0 $0
2022 $4,358 $374,250 $0 $0
2021 $4,187 $363,350 $0 $0
2020 $3,801 $363,350 $0 $0
2019 $3,789 $342,500 $0 $0
2018 $3,563 $332,530 $0 $0
2017 $3,481 $322,850 $0 $0
2016 $3,373 $313,450 $0 $0
2015 $3,249 $304,330 $0 $0
2014 $3,273 $295,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24393653

Regional Multiple Listing Service (RMLS)

APN: 1002267701