7415 E Summit RD, Pacific City, OR 97135
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7415 E Summit RD, Pacific City, OR 97135
7415 E Summit RD, Pacific City, OR 97135
7415 E Summit RD, Pacific City, OR 97135
7415 E Summit RD, Pacific City, OR 97135
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$ 950,000
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7415 E Summit RD Pacific City, OR 97135

4 Beds

3 Baths

2,170 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,170 sqft

Price per Sqft $437

MLS Listing ID 26-594

Style Contemporary

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 2010

Annual Tax Amount $5,148

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Single Family Residence

Source Oregon Coast Multiple Listing Service

Property Description

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.

Location

State OR

County Tillamook

Zoning PCW-R1 Pacific City Residential

Direction From Brooten Rd just south of Pacific City, take Fisher Rd, then right on Summit to 7415.

Rooms

Basement Unfinished

Interior

Interior Features Jetted Tub, Kitchen Island, Vaulted Ceilings

Heating Forced Air, Propane

Cooling Other

Flooring Carpet, Hardwood, Tile

Fireplaces Number 1

Fireplaces Type Blower Fan, Propane

Furnishings Furnished

Fireplace Yes

Appliance Dishwasher, Dryer, Electric Oven, Microwave, Washer, Water Heater, Induction Cooktop, Refrigerator

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Fire Pit, Spa/Hot Tub

Parking Features Attached Garage, Driveway, Paved

Garage Spaces 2.0

Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected

Roof Type Composition

Street Surface Paved

Porch Covered Porch, Deck

Total Parking Spaces 2

Garage Yes

Building

Lot Description Sloped

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Structure Type Concrete

New Construction false

Others

Tax ID 4S1030AC14900

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing 1031 Exchange, Cash, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, FHA, VA Loan

Special Listing Condition Standard

Virtual Tour https://youtu.be/Uo-SpuoqzYw


Listed by Coldwell Banker Professional Group - Lincoln City

NEARBY SCHOOLS & PROPERTIES

Marcel Dolak

Marcel Dolak

Owner | Private Office Advisor | Global Real Estate Advisor License ID: 28065

+1(425) 466-5870

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7415 E Summit RD