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2 Beds
1 Bath
788 sqft

$480,000

1061 S Downing Street, Seaside OR, 97006

Price per sqft$609.14
Built in1947
Property size788 sqft
Property typeResidential

Overview

Active

Listed Jul 22, 2026

Updated Sep 1

Turnkey coastal retreat just three blocks from the beach! This beautifully updated 2-bedroom, 1-bath home is currently operating as a successful vacation rental and offers an outstanding opportunity as an investment property, second home, or full-time residence. Recent improvements include new flooring throughout, a new asphalt driveway and a new secure gated asphalt parking area providing ample off-street parking and added privacy. The fully fenced yard is ideal for pets, outdoor entertaining, or simply relaxing after a day at the beach. Being sold fully furnished, this move-in-ready home allows the next owner to enjoy it immediately or continue operating it as a vacation rental, subject to the City of Seaside's short-term rental licensing requirements. Located in the desirable R-3 zone, the property also offers future development potential (buyer to perform due diligence re this, and licensing after purchase as a short term rental property). Just minutes from the beach, shopping, restaurants, and Seaside's vibrant downtown, this is a rare opportunity to own a well-maintained coastal property with flexibility, charm, and income potential. Don't miss your chance to own a piece of the Oregon Coast...schedule your private showing today!

$3,193/mo

Est. mortgage payment based on a $480,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26-676

Interior Features

Bedrooms
2
Bathrooms
1
Basement
No

Other Property Details

Taxes
$2,453
Tax Frequency
Annually
Furnished
Yes
MLS provider logo

Listed by Ann K. Samuelson with Rise Above Realty
Listing Contact:  

The IDX display contains information sourced from the Clatsop Association of REALTORS® as of 9/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/1/2026 at 4:54 AM UTC

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