159 E Rainbow Rd, Waldport, OR 97394
OFF MARKET

159 E Rainbow Rd
Waldport, OR 97394

  • 4 Beds
  • 3 Baths
  • 2,443 sqft (on 1.40 acres)

$598,000

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $3,568/mo*
Refinance Your Home

$598,000

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $3,568/mo*
Refinance Your Home
4 Beds
3 Baths
2,443 sqft
(on 1.40 acres)

Local Information

  • Map ViewExplore the area around 159 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
1965
Lot Size
1.4 acres
Living Area
2,443 sqft
Price/Sqft
$245
Parking
Garage

About this House

This single-family home is located at 159 E Rainbow Rd, Waldport, OR. 159 E Rainbow Rd is in Waldport, OR and in ZIP code 97394. This property has 4 bedrooms, 3 bathrooms and approximately 2,443 sqft of floor space. This property has a lot size of 1.40 acres and was built in 1965.
159 E Rainbow Rd, Waldport, OR 97394 is a 4 bedroom, 3 bathroom, 2,443 sqft single-family home built in 1965. It last sold for $120,000 on Jun 23, 1999. It is currently off market. The Trulia Estimate is $598,000, with a rent estimate of $3,332/month.

Home Details for 159 E Rainbow Rd

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Other, Carpet, Concrete
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Wood, Cement Concrete
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 1.40 acres

Price History for 159 E Rainbow Rd

DatePriceEventSource
06/23/1999$120,000Sold
N/A

Market trends in Waldport

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
75
4MoM
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Property Tax and Assessment

Year2025
Tax$4,551
Assessment$692,540
Home facts updated by county records

Comparable Sales for 159 E Rainbow Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2350 E Alsea Hwy, Waldport, OR
1.60
Single-Family Home
$374,000
05/13/26
4
2
2,268
2166 E Alsea Hwy, Waldport, OR
1.75
Single-Family Home
$325,000
02/27/26
3
2
1,680
123 E Eckman Creek Rd, Waldport, OR
1.04
Single-Family Home
$480,000
02/13/26
2
1
1,212
1339 SE Blue Spruce Ln, Waldport, OR
1.40
Single-Family Home
$434,400
02/23/26
3
2
1,180
1339 SE Blue Spruce Ln, Waldport, OR
1.40
Single-Family Home
$434,400
02/23/26
3
2
1,180
2496 SE Shasta Way, Waldport, OR
1.45
Single-Family Home
$245,000
05/28/26
2
1
1,242
1625 NE Alsea Hwy, Waldport, OR
2.25
Single-Family Home
$279,000
06/24/26
4
2
1,452
626 SE Acacia Ln, Waldport, OR
1.75
Single-Family Home
$500,000
05/11/26
2
2
1,304
824 SE Home Port Ln, Waldport, OR
1.92
Single-Family Home
$450,000
11/07/25
2
2
1,612
48 N Sheppard Point Rd, Waldport, OR
2.47
Single-Family Home
$105,300
07/28/26
2
1
1,090

Nearby homes

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Assigned Schools

These are the assigned schools for 159 E Rainbow Rd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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."
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  • 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."
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  • Jerry Townsend
    "Easy commute, 20 minutes to Newport or 5 minutes to downtown Waldport. Little traffic and well maintained roads."
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  • 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."
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    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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Apartments for Rent

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Homes for sale near 159 E Rainbow Rd

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Off Market Homes Near 159 E Rainbow Rd

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Frequently asked questions about 159 E Rainbow Rd

  • What is 159 E Rainbow Rd estimated to be worth?
    Trulia's estimated value for 159 E Rainbow Rd in Waldport, OR is $598,000.
  • What is the price history for 159 E Rainbow Rd?
    159 E Rainbow Rd in Waldport, OR last sold for $120,000 in June 1999.
  • 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 159 E Rainbow Rd?
    The lot at 159 E Rainbow Rd in Waldport, OR is about 1.4 acres.
  • Does 159 E Rainbow Rd have a garage?
    Yes, 159 E Rainbow Rd in Waldport, OR has a garage.