648 Painter Ln Depoe Bay, OR 97341
Estimated payment $2,565/month
Highlights
- Spa
- Deck
- 2 Car Attached Garage
- RV Access or Parking
- Wood Flooring
- 1-minute walk to Whale Park
About This Home
Turnkey 3 bed / 2 bath coastal home in Depoe Bay, operating as a successful Airbnb. Zoning (L1) permits short-term rentals outright, with no moratoriums or quotas affecting this property. Licensed for STR use with the City of Depoe Bay for three consecutive years, the home has produced 44,000 in income over the past 12 months and holds a 4.7/5 guest rating. The property offers added flexibility for hosting and rental income. Guests enjoy a private back deck with hot tub, versatile layout, and proximity to shops, dining, and being near the ocean —making this an excellent investment or personal getaway, short or long term living! Walking height concrete basement helps make this rare coastal gem the perfect family home if investment isn't your thing.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,688
Year Built
- Built in 1947
Lot Details
- 7,405 Sq Ft Lot
- Partially Fenced Property
Home Design
- Composition Roof
- Shake Siding
Interior Spaces
- 1,822 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Attached Garage
- RV Access or Parking
Outdoor Features
- Spa
- Deck
Schools
- Taft Elementary School
- Siletz Middle School
- Taft High School
Utilities
- Forced Air Heating System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 7700
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $3,018 | $219,630 | -- | -- |
| 2024 | $2,771 | $213,240 | -- | -- |
| 2023 | $2,647 | $207,030 | $0 | $0 |
| 2022 | $2,571 | $201,000 | $0 | $0 |
| 2021 | $2,594 | $195,150 | $0 | $0 |
| 2020 | $2,537 | $189,470 | $0 | $0 |
| 2019 | $2,388 | $183,960 | $0 | $0 |
| 2018 | $2,318 | $178,610 | $0 | $0 |
| 2017 | $2,259 | $173,410 | $0 | $0 |
| 2016 | $1,934 | $149,250 | $0 | $0 |
| 2015 | $2,050 | $168,360 | $0 | $0 |
| 2014 | $1,906 | $163,460 | $0 | $0 |
| 2013 | -- | $158,700 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/19/2025 09/19/25 | Price Changed | $445,000 | -6.9% | $244 / Sq Ft | |
| 09/05/2025 09/05/25 | Price Changed | $478,000 | -7.2% | $262 / Sq Ft | |
| 08/28/2025 08/28/25 | For Sale | $515,000 | 0.0% | $283 / Sq Ft | |
| 08/27/2025 08/27/25 | Pending | -- | -- | -- | |
| 08/23/2025 08/23/25 | For Sale | $515,000 | +98.1% | $283 / Sq Ft | |
| 03/08/2023 03/08/23 | Sold | $260,000 | -29.7% | $143 / Sq Ft | View Prior Sale |
| 03/02/2023 03/02/23 | Pending | -- | -- | -- | |
| 03/01/2023 03/01/23 | For Sale | $370,000 | -- | $203 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $260,000 | Western Title |
Source: Willamette Valley MLS
MLS Number: 832947
APN: R155974
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson
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