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!
Active
Price cut: $9K (8/31)
$480,000
1061 S Downing St, Seaside, OR 97138
2beds
788sqft
Residential, Single Family Residence
Built in 1947
4,791 Square Feet Lot
$-- Zestimate®
$609/sqft
$-- HOA
What's special
Fully fenced yardBeing sold fully furnishedNew flooring throughoutAmple off-street parkingNew asphalt driveway
- 70 days
- 673
- 61
Zillow last checked:
Listing updated:
Listed by:
Ann Samuelson 503-440-6233,
Rise Above Realty
Source: RMLS (OR),MLS#: 324027662
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Heating
- Forced Air 90
Cooling
- None
Appliances
- Included: Free-Standing Range, Free-Standing Refrigerator, Washer/Dryer, Gas Water Heater
- Laundry: Laundry Room
Features
- High Ceilings, Vaulted Ceiling(s), Tile
- Flooring: Vinyl, Wood
- Windows: Double Pane Windows
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 788
- Total interior livable area: 788 sqft
Property
Parking
- Parking features: Driveway, Parking Pad
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: One Level, Parking, Accessibility
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Fire Pit, Yard
- Fencing: Fenced
Lot
- Size: 4,791 Square Feet
- Features: Level, Trees, SqFt 3000 to 4999
Details
- Additional structures: Outbuilding
- Parcel number: 12510
- Zoning: R3
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Residential, Single Family Residence
Materials
- Shingle Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1947
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security Gate
HOA
- Has HOA: No
Location
- Region: Seaside
Financial & listing details
- Price per square foot: $609/sqft
- Tax assessed value: $411,307
- Annual tax amount: $2,453
- Date on market: 7/22/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Price change | $480,000-1.8%$609/sqft |
Source: CMLS #26-676 Report a problem | ||
| 7/22/2026 | Listed for sale | $489,000+22.3%$621/sqft |
Source: CMLS #26-676 Report a problem | ||
| 7/11/2024 | Sold | $400,000+0%$508/sqft |
Source:  RMLS (OR) #24093603 Report a problem | ||
| 6/9/2024 | Pending sale | $399,998$508/sqft |
Source: RMLS (OR) #24093603 Report a problem | ||
| 5/17/2024 | Listing removed | $399,998-9.1%$508/sqft |
Source: CMLS #24-121 Report a problem | ||
| 4/17/2024 | Price change | $439,900-2.2%$558/sqft |
Source: CMLS #24-121 Report a problem | ||
| 3/1/2024 | Listed for sale | $449,900+70.7%$571/sqft |
Source: CMLS #24-121 Report a problem | ||
| 5/4/2020 | Sold | $263,500-11.9%$334/sqft |
Source: Agent Provided Report a problem | ||
| 12/2/2019 | Listed for sale | $299,000+17.3%$379/sqft |
Source: Sowins Real Estate & Property Management #19-1456 Report a problem | ||
| 1/25/2019 | Listing removed | $1,200$2/sqft |
Source: Carla Sowins Real Estate Report a problem | ||
| 1/21/2019 | Listed for rent | $1,200+9.1%$2/sqft |
Source: Carla Sowins Real Estate Report a problem | ||
| 1/5/2018 | Listing removed | $1,100$1/sqft |
Source: Waterfront Property Management Report a problem | ||
| 1/5/2018 | Price change | $1,100-4.3%$1/sqft |
Source: Waterfront Property Management Report a problem | ||
| 12/23/2017 | Price change | $1,150-8%$1/sqft |
Source: Waterfront Property Management Report a problem | ||
| 11/1/2017 | Listed for rent | $1,250$2/sqft |
Source: Waterfront Property Management Report a problem | ||
| 3/14/2015 | Listing removed | $255,000$324/sqft |
Source: Beach Realty Inc. #9067206 Report a problem | ||
| 8/17/2012 | Listed for sale | $255,000$324/sqft |
Source: Beach Realty Inc. #9067206 Report a problem | ||
| 7/8/2012 | Listing removed | $255,000$324/sqft |
Source: Beach Realty Inc. #9067206 Report a problem | ||
| 1/6/2012 | Price change | $255,000-1.5%$324/sqft |
Source: Beach Realty Inc. #9067206 Report a problem | ||
| 9/28/2011 | Listed for sale | $259,000+53.3%$329/sqft |
Source: Beach Realty Inc. #9067206 Report a problem | ||
| 3/2/2005 | Sold | $169,000$214/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,453 +3% | $170,737 +3% |
| 2024 | $2,381 +3% | $165,765 +3% |
| 2023 | $2,311 +2.8% | $160,938 +3% |
| 2022 | $2,248 +2.2% | $156,252 +3% |
| 2021 | $2,200 +2.4% | $151,702 +3% |
| 2020 | $2,149 | $147,284 +3% |
| 2019 | $2,149 +2.8% | $142,995 +3% |
| 2018 | $2,090 +4.1% | $138,831 +3% |
| 2017 | $2,007 +4.8% | $134,788 +3% |
| 2016 | $1,916 +13.7% | $130,863 +3% |
| 2015 | $1,685 +2.7% | $127,052 +3% |
| 2014 | $1,641 +0.3% | $123,352 +3% |
| 2013 | $1,636 | $119,760 +3% |
| 2012 | -- | $116,273 +3% |
| 2011 | -- | $112,888 +3% |
| 2010 | -- | $109,601 +3% |
| 2009 | -- | $106,410 +3% |
| 2008 | -- | $103,312 +3% |
| 2007 | -- | $100,304 +3% |
| 2006 | -- | $97,384 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97138
Nearby schools
Schools provided by the listing agent
- Elementary: Pacific Ridge
- Middle: Seaside
- High: Seaside
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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