55 E Rainbow Rd, Waldport, OR 97394
OFF MARKET

55 E Rainbow Rd
Waldport, OR 97394

  • 2 Beds
  • 1 Bath
  • 1,144 sqft (on 0.90 acres)

$339,600

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $2,037/mo*
Refinance Your Home

$339,600

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $2,037/mo*
Refinance Your Home
2 Beds
1 Bath
1,144 sqft
(on 0.90 acres)

Home Value

Trulia Estimate
$340K
Since last month
Decreased$3K (-1%)
Since last year
Decreased$16K (-4.6%)
Since last sale
Increased$39K (+12.9%)
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 +109% in the last 10 years
MonthEstimated value
2026
August 2026$339K
July 2026$342K
June 2026$342K
May 2026$342K
April 2026$343K
March 2026$337K
February 2026$339K
January 2026$334K
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
123 E Eckman Creek Rd, Waldport, OR
0.98
Single-Family Home
$480,000
02/13/26
2
1
1,212
2496 SE Shasta Way, Waldport, OR
1.38
Single-Family Home
$245,000
05/28/26
2
1
1,242
1339 SE Blue Spruce Ln, Waldport, OR
1.33
Single-Family Home
$434,400
02/23/26
3
2
1,180
1339 SE Blue Spruce Ln, Waldport, OR
1.34
Single-Family Home
$434,400
02/23/26
3
2
1,180
2166 E Alsea Hwy, Waldport, OR
1.69
Single-Family Home
$325,000
02/27/26
3
2
1,680
626 SE Acacia Ln, Waldport, OR
1.68
Single-Family Home
$500,000
05/11/26
2
2
1,304
2350 E Alsea Hwy, Waldport, OR
1.53
Single-Family Home
$374,000
05/13/26
4
2
2,268
824 SE Home Port Ln, Waldport, OR
1.85
Single-Family Home
$450,000
11/07/25
2
2
1,612
48 N Sheppard Point Rd, Waldport, OR
2.43
Single-Family Home
$105,300
07/28/26
2
1
1,090
1625 NE Alsea Hwy, Waldport, OR
2.19
Single-Family Home
$279,000
06/24/26
4
2
1,452

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
0.05
$339,000
1
1
780
For Sale
3587 E Alsea Hwy, Waldport, OR 97394
0.06
$355,400
2
2
1,248
Off Market
231 E Darkey Creek Rd, Waldport, OR 97394
0.33
$451,700
2
2
1,568
Off Market
275 E Darkey Creek Rd, Waldport, OR 97394
0.51
$606,800
3
2
1,571
Off Market
3068 E Alsea Hwy, Waldport, OR 97394
0.53
$403,000
4
2
1,782
Recently Sold
771 E Southworth Rd, Waldport, OR 97394
0.65
-
-
-
-
Off Market
4530 E Alsea Hwy, Waldport, OR 97394
0.90
$434,000
3
2
1,782
Recently Sold
4587 E Alsea Hwy, Waldport, OR 97394
0.94
$586,700
4
2
2,179
Off Market
4605 E Alsea Hwy, Waldport, OR 97394
0.96
$346,000
3
2
1,176
Recently Sold
123 E Eckman Creek Rd, Waldport, OR 97394
0.98
$480,000
2
1
1,212
Recently Sold
2695 E Alsea Hwy, Waldport, OR 97394
0.99
$548,700
3
2
3,342
Off Market
503 E Sudan Creek Rd, Waldport, OR 97394
1.05
$90,000
-
-
-
For Sale

Local Information

  • Map ViewExplore the area around 55 E Rainbow Rd.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1950
Lot Size
0.9 acres
Living Area
1,144 sqft
Price/Sqft
$297
Parking
Garage

About this House

This single-family home is located at 55 E Rainbow Rd, Waldport, OR. 55 E Rainbow Rd is in Waldport, OR and in ZIP code 97394. This property has 2 bedrooms, 1 bathroom and approximately 1,144 sqft of floor space. This property has a lot size of 0.90 acres and was built in 1950.
55 E Rainbow Rd, Waldport, OR 97394 is a 2 bedroom, 1 bathroom, 1,144 sqft single-family home built in 1950. It last sold for $300,000 on Mar 16, 2023. It is currently off market. The Trulia Estimate is $339,600, with a rent estimate of $1,869/month.

Home Details for 55 E Rainbow Rd

Interior Features

Heating & Cooling
Heating: WallHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 1Floors: Other, Carpet, Concrete, Hardwood, Linoleum Vinyl
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: MetalDeckExterior: Other
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.90 acres

Price and Tax history

DateEventPrice
Mar 16, 2023
Source: OCMLS #LC-97659
Sold
$300,000
Jan 30, 2023
Source: WVMLS #799682
Contingent
$350,000
Jan 30, 2023
Source: OCMLS #22-2339
Pending
$350,000
Jan 13, 2023
Source: WVMLS #799682
PendingToActive
$350,000
Nov 22, 2022
Source: OCMLS #22-2339
Pending
$350,000

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
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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."
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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."
    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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Apartments for Rent

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Homes for sale near 55 E Rainbow Rd

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Off Market Homes Near 55 E Rainbow Rd

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Frequently asked questions about 55 E Rainbow Rd

  • What is 55 E Rainbow Rd estimated to be worth?
    Trulia's estimated value for 55 E Rainbow Rd in Waldport, OR is $339,600.
  • What is the price history for 55 E Rainbow Rd?
    55 E Rainbow Rd in Waldport, OR last sold for $300,000 in March 2023.
  • 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 55 E Rainbow Rd?
    The lot at 55 E Rainbow Rd in Waldport, OR is about 0.90 acres (39,204 sq ft).
  • Does 55 E Rainbow Rd have a garage?
    Yes, 55 E Rainbow Rd in Waldport, OR has a garage.