$650,000

82 E Rainbow Rd Waldport, OR 97394

Estimated payment $3,653/month

Total Views 13,000
2 Beds
2 Baths
2,307 Sq Ft
$282 Price per Sq Ft

Highlights

  • Vaulted Ceiling
  • No HOA
  • Shed
  • Traditional Architecture
  • Living Room
  • Heating Available

About This Home

This home is rich in history and vintage charm, awaiting someone with a vision to restore it to its full potential. Live comfortably as you renovate it. When you step inside, you're greeted by vaulted ceilings, rich wood paneling, and large windows that frame a breathtaking view of the Alsea River! A separate studio provides space for guests or creativity. Situated on a large parcel of marketable timber, the property offers as much potential as the home does. The yard boasts a variety of mature trees, including apple, cherry, peach, pear, bay leaf, and rosemary, complemented by blooming roses and rhododendrons. Grow your own food! Elk and deer are frequent visitors! This property is a haven for outdoor enthusiasts seeking tranquility, privacy, and a serene natural setting.

Listing Agent

Makennah Warner

Elkhorn Real Estate Brokerage Email: elkhornrealestate@gmail.com License #201255172 Listed on: 09/12/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,444

Year Built

  • Built in 1978

Lot Details

  • 2.77 Acre Lot
  • Property is zoned RR-5 Rural 5 acre

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2,307 Sq Ft Home
  • Vaulted Ceiling
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Heating Available
  • Natural Gas Not Available
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 131127B-315-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,444

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.77
  • Lot Size Sq Ft: 120661.2
  • Road Surface Type: Gravel
  • Subdivision Name: N/A
  • Directions: Turn right onto E Rainbow Road. Follow the gravel road and take the third right. Take your first right and arrive at the house. Follow the signs.
  • Above Grade Finished Sq Ft: 2307.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1978
  • Attribution Contact: elkhornrealestate@gmail.com
  • Road Surface Type: Gravel
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Cooktop, Microwave, Washer, Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Other
  • Interior Amenities: Vaulted Ceiling(s)
  • Stories: 1

Exterior Features

  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Composition
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Composition

Utilities

  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available
  • Water Source: Well
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available
  • Water Source: Well
  • Cooling: None
  • Heating: Electric, Forced Air

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Parcel #: 131127B-315-00
  • Zoning: RR-5 Rural 5 acre

Tax Info

  • Tax Annual Amount: 3443.54
  • Tax Lot: 315
  • Tax Map Number: 131127B
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $3,671 $260,770 -- --
2024 $3,444 $253,180 -- --
2023 $3,341 $245,810 $0 $0
2022 $3,222 $238,660 $0 $0
2021 $3,142 $231,710 $0 $0
2020 $3,085 $224,970 $0 $0
2019 $2,933 $218,420 $0 $0
2018 $2,918 $212,060 $0 $0
2017 $2,655 $199,670 $0 $0
2016 $2,764 $205,890 $0 $0
2015 $2,252 $199,900 $0 $0
2014 $2,173 $193,550 $0 $0
2013 -- $194,080 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2025 09/12/25 For Sale $650,000 -- $282 / Sq Ft
Source: Oregon Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed $160,000 First American
Interfamily Deed Transfer -- Ticor Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,000 New Conventional
Previous Owner $130,000 New Conventional
Source: Public Records

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-104830

Oregon Coast Multiple Listing Service

APN: R438860