122 E Rainbow Rd, Waldport, OR 97394
OFF MARKET

122 E Rainbow Rd
Waldport, OR 97394

  • 4 Beds
  • 2 Baths
  • 2,288 sqft (on 0.70 acres)

$554,200

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $3,268/mo*
Refinance Your Home

$554,200

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $3,268/mo*
Refinance Your Home
4 Beds
2 Baths
2,288 sqft
(on 0.70 acres)

Home Value

Trulia Estimate
$554K
Since last month
Decreased$6K (-1.1%)
Since last year
Decreased$2K (-0.4%)
Since last sale
Increased$387K (+233.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +110% in the last 10 years
MonthEstimated value
2026
August 2026$553K
July 2026$559K
June 2026$561K
May 2026$557K
April 2026$555K
March 2026$547K
February 2026$541K
January 2026$529K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2350 E Alsea Hwy, Waldport, OR
1.59
Single-Family Home
$374,000
05/13/26
4
2
2,268
2496 SE Shasta Way, Waldport, OR
1.42
Single-Family Home
$245,000
05/28/26
2
1
1,242
1339 SE Blue Spruce Ln, Waldport, OR
1.39
Single-Family Home
$434,400
02/23/26
3
2
1,180
1339 SE Blue Spruce Ln, Waldport, OR
1.39
Single-Family Home
$434,400
02/23/26
3
2
1,180
2166 E Alsea Hwy, Waldport, OR
1.74
Single-Family Home
$325,000
02/27/26
3
2
1,680
123 E Eckman Creek Rd, Waldport, OR
1.02
Single-Family Home
$480,000
02/13/26
2
1
1,212
626 SE Acacia Ln, Waldport, OR
1.74
Single-Family Home
$500,000
05/11/26
2
2
1,304
824 SE Home Port Ln, Waldport, OR
1.91
Single-Family Home
$450,000
11/07/25
2
2
1,612
1625 NE Alsea Hwy, Waldport, OR
2.26
Single-Family Home
$279,000
06/24/26
4
2
1,452
665 NE Buker Ln, Waldport, OR
2.62
Single-Family Home
$615,000
11/21/25
4
2
2,027

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
131 E Rainbow Rd, Waldport, OR 97394
0.04
$339,000
1
1
780
For Sale
3587 E Alsea Hwy, Waldport, OR 97394
0.14
$355,400
2
2
1,248
Off Market
231 E Darkey Creek Rd, Waldport, OR 97394
0.29
$458,000
2
2
1,568
Off Market
275 E Darkey Creek Rd, Waldport, OR 97394
0.45
$612,700
3
2
1,571
Off Market
771 E Southworth Rd, Waldport, OR 97394
0.60
-
-
-
-
Off Market
3068 E Alsea Hwy, Waldport, OR 97394
0.55
$403,000
4
2
1,782
Recently Sold
4530 E Alsea Hwy, Waldport, OR 97394
0.86
$434,000
3
2
1,782
Recently Sold
2852 E Alsea Hwy, Waldport, OR 97394
0.82
$28,000
-
-
-
For Sale
4587 E Alsea Hwy, Waldport, OR 97394
0.90
$585,400
4
2
2,179
Off Market
4605 E Alsea Hwy, Waldport, OR 97394
0.92
$346,000
3
2
1,176
Recently Sold
503 E Sudan Creek Rd, Waldport, OR 97394
0.99
$90,000
-
-
-
For Sale
123 E Eckman Creek Rd, Waldport, OR 97394
1.02
$480,000
2
1
1,212
Recently Sold

Local Information

  • Map ViewExplore the area around 122 E Rainbow Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1999
Lot Size
0.7 acres
Living Area
2,288 sqft
Price/Sqft
$242
Parking
Garage

About this House

This single-family home is located at 122 E Rainbow Rd, Waldport, OR. 122 E Rainbow Rd is in Waldport, OR and in ZIP code 97394. This property has 4 bedrooms, 2 bathrooms and approximately 2,288 sqft of floor space. This property has a lot size of 0.70 acres and was built in 1999.
122 E Rainbow Rd, Waldport, OR 97394 is a 4 bedroom, 2 bathroom, 2,288 sqft single-family home built in 1999. It last sold for $166,000 on Aug 14, 2006. It is currently off market. The Trulia Estimate is $554,200, with a rent estimate of $3,025/month.

Home Details for 122 E Rainbow Rd

Interior Features

Heating & Cooling
Heating: WallHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Concrete, Hardwood
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Other, Cement Concrete
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1999
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.70 acres

Price and Tax history

DateEventPrice
Aug 14, 2006
Source: N/A
Sold
$166,000
Jan 10, 2003
Source: OCMLS #02-346
Sold
$214,000

Market trends in Waldport

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
75

Around this home

What Locals Say about Waldport

At least 15 Trulia users voted on each feature.

  • 94 % Say parking is easy

  • 93 % Say there's holiday spirit

  • 91 % Say car is needed

  • 91 % Say it's dog friendly

  • 86 % Say yards are well-kept

  • 85 % Say it's quiet

  • 65 % Say there's wildlife

  • 60 % Say neighbors are friendly

  • 47 % Say people would walk alone at night

  • 44 % Say they plan to stay for at least 5 years

  • 41 % Say there are community events

  • 38 % Say kids play outside

  • 35 % Say streets are well-lit

  • 33 % Say it's walkable to grocery stores

  • 28 % Say it's walkable to restaurants

  • 21 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Jerry Townsend
    "Can walk or ride bike to downtown."
    0
    Flag
  • Jerry Townsend
    "Many kind, giving people in the community. The city is a big neighborhood with a single traffic light, nestled along a large crabbing bay and alonside the Pacific Ocean."
    0
    Flag
  • Jerry Townsend
    "Easy commute, 20 minutes to Newport or 5 minutes to downtown Waldport. Little traffic and well maintained roads."
    0
    Flag
  • Terry M.
    " Great area for a beach house. 7 mi of clean, sandy beach. Many homes with at least some ocean view. Many streets with very little traffic (great for pets and walking). Waldport is a quiet, friendly community. Several churches, a grocery store, and a good Mexican restaurant. Short drive to Newport or Yachats, both of which have many restaurants and some shopping. In my opinion the great beach and low crime rate are some of Bayshore's greatest assests. Also, access on and off Hgwy 101 is facilitated by turn lanes onto Bayshore Dr. Alsea Bay is great for kayaking and seasonal fishing. Many beautiful forest hikes within a short drive. No, I didn't get paid to say this. I just like living here."
    1
    Flag
  • Rolo545
    "Very low crime rate, quiet, very friendly"
    1
    Flag
  • Classcelass1
    "A very quiet neighborhood in a beautiful setting. Walking can be a challenge, as the main road has limited access for walking, and people do not follow the 25 mph speed limit. Walking with dogs can be challenging as well, as it is sometimes difficult to keep the dogs on the narrow area provided for pedestrians. The homeowners association can be a bit biased as well. Other than these issues, this is a perfect area to live, with mostly couples and retired folks living here."
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  • Kuhl951
    "I live here 70% of the year and love it. We can walk for miles on the beach in either direction and seldom run into others. It's a very dog friendly area. Shopping for anything but groceries requires a drive into Newport. Our place is behind a large dune and the old growth spruces cut the wind to almost zero on really windy days. Great fishing, crabbing, and clamming make it a fisherman's paradise. "
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  • Sharon M.
    "SMALL COMUNITY WITH LITTLE ENTERTAINMENT OTHER THAN BEACH COMBING. PRETTY ISOLATED. NO NEAR BY MEDICAL FACILITIES, SO NOT GOOD FOR OLDER PERSONS. BEST FOR 55-65 YEAR OLD RETIRED FOLKS."
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LGBTQ Local Legal Protections

Frequently asked questions about 122 E Rainbow Rd

  • What is 122 E Rainbow Rd estimated to be worth?
    Trulia's estimated value for 122 E Rainbow Rd in Waldport, OR is $554,200.
  • What is the price history for 122 E Rainbow Rd?
    122 E Rainbow Rd in Waldport, OR last sold for $166,000 in August 2006.
  • Is Waldport a buyer's or seller's market?
    Waldport is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Waldport?
    Residents describe Waldport, OR as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in Waldport, OR.
  • How big is the lot at 122 E Rainbow Rd?
    The lot at 122 E Rainbow Rd in Waldport, OR is about 0.70 acres (30,492 sq ft).
  • Does 122 E Rainbow Rd have a garage?
    Yes, 122 E Rainbow Rd in Waldport, OR has a garage.

Apartments for Rent

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Off Market Homes Near 122 E Rainbow Rd

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