Updated about 1 month ago on . Most recent reply
Oregon Coast Property Opportunity – Tillamook Area
Quick question for anyone investing on the Oregon coast, Or just vacation homes in general
If you had a property like this in the Tillamook area with ocean views, would you lean toward running it as an Airbnb / short-term rental, or marketing it more toward a family / vacation home buyer?
I’m currently working with the owner and it will likely be coming to market in about 2 weeks, so I’m trying to gauge what buyer type makes the most sense.
Property basics:
• 6 bed / 6 bath
• ~4,135 sq ft
• ~1.2 acres
• Ocean views
• Guest houses
It’s a really unique property — lots of character with hidden little rooms throughout the home, a miniature lighthouse feature, a whale-tail fountain outside, and tons of wildlife around the property (pelicans, eagles, deer, etc.).
The home is in good shape overall with a newer roof, but probably needs around $30K in cosmetic updates (paint, floor touch-ups, etc.).
Curious what people here would do with something like this — Airbnb investment or market it to a family / second-home buyer?
And if anyone here might actually be interested in purchasing something like this around the $1.7M range, feel free to reach out — happy to share more details