82 E Rainbow Rd, Waldport, OR 97394
Property image
Property image
FOR SALE
2.77 ACRES

$480,000

  • 2 Beds
  • 2 Baths
  • 2,307 sqft (on 2.77 acres)

82 E Rainbow Rd, Waldport, OR 97394

Est. Mortgage $2,992/mo*
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We estimate this home will sell faster than 81% nearby.

Home Highlights

Single-Family Home
Built in 1978
2.77 acre lot
$208/sqft

Local Information

  • Map ViewExplore the area around 82 E Rainbow Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Vaulted ceilingsWarm wood panelingBlooming roses and rhododendrons
Vintage charm, breathtaking river views, and endless potential! This unique home is ready for someone with a vision to bring it back to its full potential while enjoying it along the way. Inside, vaulted ceilings, warm wood paneling, and large windows showcase the beautiful views of the Alsea River. A separate studio provides an additional flexible space for guests, hobbies, or creative pursuits. Outside, the property is surrounded by mature fruit trees and established landscaping, including apple, cherry, peach, and pear trees, along with blooming roses and rhododendrons. Wildlife is a frequent sight, adding to the peaceful and private setting. If you're looking for character, space, privacy, and a property that you can truly make your own, this one is worth exploring.
Last check for updates: about 8 hours ago
Listing courtesy of Makennah P Warner
Elkhorn Real Estate
Gabriella Jones, (541) 961-1315
Elkhorn Real Estate
Source: OCMLS, MLS#26-2334
Also Listed on OCMLS.
We estimate this home will sell faster than 81% nearby.

Home Details for 82 E Rainbow Rd

Interior Features

Interior Details
Number of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bathroom, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2307 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Not Available, Water AvailableAppliances: Dryer, Double Oven, Electric Cooktop, Microwave, Washer, Water HeaterDryerMicrowaveWasher
Heating & Cooling
Heating: Electric,Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Electric
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Other
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneFloors: Other
View
Has a ViewView: Mountain(s), Forest, Panoramic, River
Security
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Covered Patio, DeckFencing: NoneOther Structures: Shed(s)Exterior: Private YardFoundation: Concrete Perimeter
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Driveway
Frontage
Road Surface Type: GravelNot on Waterfront
Water & Sewer
Sewer: Septic Tank
Finished Area
Finished Area (above surface): 2307 Square Feet

Days on Market

Days on Market: 30

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Wood SidingNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: R438860

Price & Status

Price
List Price: $480,000Price Per Sqft: $208
Status Change & Dates
Possession Timing: Close Plus 10 to 30 Days

Active Status

MLS Status: Active

Location

Direction & Address
City: Waldport

Agent Information

Listing Agent
Listing ID: 26-2334

Building

Building Area
Building Area: 2307 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 2.77 Acres

Listing Info

Special Conditions: Probate Listing

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 26-2334Water ViewWater View: RiverAttribution Contact: elkhornrealestate@gmail.comAbove Grade Unfinished Area: 2307

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
    "We have a mix of families with and without kids, plus retired couples."
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  • 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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  • 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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Market trends in Waldport

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
81
6MoM

Home Value

Trulia Estimate
$457K
Since last month
Decreased$11K (-2.4%)
Since last year
Decreased$164K (-26.4%)
Since last sale
Increased$298K (+186%)
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 +89% in the last 10 years
MonthEstimated value
2026
September 2026$458K
August 2026$469K
July 2026$403K
June 2026$404K
May 2026$607K
April 2026$607K
March 2026$605K
February 2026$608K
January 2026$603K
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
0.85
Single-Family Home
$480,000
02/13/26
2
1
1,212
2166 E Alsea Hwy, Waldport, OR
1.56
Single-Family Home
$325,000
02/27/26
3
2
1,680
2350 E Alsea Hwy, Waldport, OR
1.41
Single-Family Home
$374,000
05/13/26
4
2
2,268
1339 SE Blue Spruce Ln, Waldport, OR
1.21
Single-Family Home
$434,400
02/23/26
3
2
1,180
626 SE Acacia Ln, Waldport, OR
1.56
Single-Family Home
$500,000
05/11/26
2
2
1,304
824 SE Home Port Ln, Waldport, OR
1.73
Single-Family Home
$450,000
11/07/25
2
2
1,612
1625 NE Alsea Hwy, Waldport, OR
2.08
Single-Family Home
$279,000
06/24/26
4
2
1,452
48 N Sheppard Point Rd, Waldport, OR
2.37
Single-Family Home
$105,300
07/28/26
2
1
1,090

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
3587 E Alsea Hwy, Waldport, OR 97394
0.10
$349,000
2
2
1,248
Off Market
131 E Rainbow Rd, Waldport, OR 97394
0.17
$339,000
1
1
780
For Sale
3296 E Alsea Hwy, Waldport, OR 97394
0.22
$1,490,000
2
2
4,195
For Sale
3068 E Alsea Hwy, Waldport, OR 97394
0.41
$364,000
4
2
1,782
Off Market
231 E Darkey Creek Rd, Waldport, OR 97394
0.46
$449,400
2
2
1,568
Off Market
275 E Darkey Creek Rd, Waldport, OR 97394
0.63
$601,100
3
2
1,571
Off Market
2852 E Alsea Hwy, Waldport, OR 97394
0.65
$28,000
-
-
-
For Sale
771 E Southworth Rd, Waldport, OR 97394
0.78
-
-
-
-
Off Market
123 E Eckman Creek Rd, Waldport, OR 97394
0.85
$480,000
2
1
1,212
Recently Sold
2695 E Alsea Hwy, Waldport, OR 97394
0.86
$550,900
3
2
3,342
Off Market
4530 E Alsea Hwy, Waldport, OR 97394
1.03
$434,000
3
2
1,782
Recently Sold

Price and Tax history

DateEventPrice
Aug 25, 2026
Source: OCMLS #26-2334
PriceChange
$480,000
Price decreased by 26%
Sep 12, 2025
Source: OCMLS #25-2071
Listed For Sale
$650,000
Feb 19, 2016
Source: N/A
Sold
$160,000
Jul 27, 2001
Source: OCMLS #01-1245
Sold
$179,000

LGBTQ Local Legal Protections

Makennah P Warner, Elkhorn Real Estate
The content relating to real estate for sale on this web site comes in part from the IDX program of the Oregon Coast Multiple Listing Service (OCMLS). Listing content is copyrighted. Listing data provided is AS IS. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Real estate listings held by member brokerage firms, other than Zillow, Inc., of the OCMLS are marked with the OCMLS logo. Detailed information about these properties includes the names of the member listing brokers and brokerage firms.

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Frequently asked questions about 82 E Rainbow Rd

  • What is the estimated monthly payment for 82 E Rainbow Rd?
    Based on a $480,000 list price with 20% down at today's rates, the estimated monthly payment for 82 E Rainbow Rd in Waldport, OR is approximately $3,096 (about $2,685 principal & interest, $336 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • 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 homes for sale in Waldport, OR.
  • What are the closest schools to 82 E Rainbow Rd?
    The closest schools to 82 E Rainbow Rd in Waldport, OR are Crestview Heights School (Elementary, rated 7/10), Waldport High School (rated 5/10), Waldport Middle School (rated 2/10).
  • What is 82 E Rainbow Rd estimated to be worth?
    Trulia's estimated value for 82 E Rainbow Rd in Waldport, OR is $457,300.
  • Does 82 E Rainbow Rd have laundry facilities?
    Yes, 82 E Rainbow Rd in Waldport, OR has in-unit laundry.
  • Does 82 E Rainbow Rd have a yard?
    Yes, 82 E Rainbow Rd in Waldport, OR has a yard.
82 E Rainbow Rd, Waldport, OR 97394 is a 2 bedroom, 2 bathroom, 2,307 sqft single-family home built in 1978. This property is currently available for sale and was listed by OCMLS on Aug 25, 2026. The MLS # for this home is MLS# 26-2334.