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Home + Sea Realty
7415 E Summit Road, Pacific City, OR 97135 — photograph 1

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7415 E Summit Road, Pacific City, OR 97135 — photograph 1
4 Beds2.5 Baths2,170 sqft

7415 E Summit Road, Pacific City

$950,000

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ActiveMLS®: 392643779Listing held by another brokerage, marked RMLS
Price per sqft
$437.79
Built in
2010
Property size
2,170 sqft
Lot size
12,197 sqft
Property type
Residential
Days on market
210

Overview

A beautiful Pacific City coastal retreat with stunning ocean and Nestucca River views—and proven short-term rental income. The property has already generated approximately $43,000 in rental revenue this year, with an estimated additional $10,000-$15,000 expected by year-end. Even more compelling, a projection from Oregon Beach Vacations indicates potential annual revenue of approximately $70,000, giving buyers an exciting opportunity to explore the income potential of this turnkey coastal property. The home is being sold furnished and includes a short-term rental permit that may be eligible for a one-time transfer, subject to county approval and buyer due diligence. This creates an attractive opportunity to continue operating the property as a vacation rental, use it as a personal coastal getaway, or enjoy the best of both. Built in 2010, this custom home was designed to capture the surrounding scenery, with expansive windows, an open-concept living area, heated hardwood floors, a spacious kitchen, and a primary bath with heated floors. Step onto the deck to enjoy sweeping coastal views, fresh ocean air, and the peaceful setting. Located in desirable Pacific City, you're close to fishing, crabbing, kayaking, river recreation, beaches, and everything that draws visitors to the Oregon Coast. Proven income. Strong rental upside. Incredible coastal setting. Furnished and ready to enjoy. This is the kind of property that can work for both your lifestyle and your investment goals. Rental revenue figures are provided by the seller. The approximately $70,000 figure is a projection from Oregon Beach Vacations and is not a guarantee of future income. Buyer to verify all income, expenses, rental regulations, and permit transferability.

Details

Interior

Interior features
Furnished, Hardwood Floors, Hookup Available, Jetted Tub, Tile Floor, Vaulted Ceiling, Wall to Wall Carpet, Washer / Dryer
Appliances
Dishwasher, Free Standing Range, Free Standing Refrigerator, Induction Cooktop, Island, Microwave
Fireplace
Yes
Fireplaces
1
Fireplace description
Propane
Cooling
No
Cooling description
Other
Heating
Yes
Heating description
Forced Air

Exterior and lot

Lot size
12,197 sqft
Exterior features
Deck, Fire Pit, Porch
Lot features
Sloped
Architectural style
Contemporary
Roof
Composition
View
Yes
View description
Mountain, Ocean, River

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
2
Parking
Driveway
Total parking
2

Schools

High school
Nestucca
Middle school
Nestucca Valley
Elementary school
Nestucca Valley

Location

City
Pacific City
County
Tillamook
Zoning
PCW-R1

Taxes and dues

Annual taxes
$5,149 (2024)

Location

7415 E Summit Road, Pacific City, OR 97135

Map showing the location of 7415 E Summit Road, Pacific City, OR 97135
© Mapbox © OpenStreetMap

Monthly payment estimate

$5,485 /mo

20% · $190,000
7.00%
Principal and interest
$5,056
Property tax (2024)
$429
Total
$5,485

Estimate only, and not an offer of credit. Assumes 20% down ($190,000) 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.

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