Oregon Coast Property Opportunity – Tillamook Area

Oregon Coast Property Opportunity – Tillamook Area

Member since 2025 · 3 posts · 1 vote

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

1Reply
57 views

2 Replies

Jump to latestLatest
  • Member since 2018 · 8 posts · 11 votes
    6mo

    I have an STVR/AirBnB down in Yachats, owned for about 5 years.  This sounds like a STVR to me, assuming they can get the permitting to run it as one.  I would perform the cosmetic repairs and get that puppy on the AirBnB/VRBO market stat: Summer is coming, planning is now and that is when 80% of the Oregon Coast revenue is made.   After the summer vacation season, I would re-asses: how did we do? do we like running it like this?  My guess is they will like the money, but eventually will sell to a second-home family from the PDX area.   As such, I would capture all the guest information from the summer bookings (potential Buyers) and probably come back on the For Sale market next May/June.  And yes, they can sell now, but if they wait, they will have a year of STVR data to make it even more marketable to a Buyer.  My two cents.  And yes, this is what we are doing.  Good luck!

  • Member since 2025 · 3 posts · 1 vote
    6mo

    thank you!!!

Join the conversationCreate a free account to reply, vote on answers and follow this thread.