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1061 S Downing St, Seaside, OR 97138

$489,000

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Property Description

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!

1061 S Downing St | MLS# 324027662

This single family home located at 1061 S Downing St, Seaside, OR 97138 is currently listed for sale with an asking price of $489,000. This property was built in 1947 and has 2 bedrooms and 1 full baths with 788 sq. ft. Search Seaside real estate on katiemcginnis.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Crawl Space
Cooling: None
Fenced: Yes
Fireplaces: 1
Fuel Type: Gas
Heating: Forced Air90
Home Style: 1 Story, Cottage
Lot Size: 0.11 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $2,453
Year Built: 1947
Square Feet: 788

Feature Descriptions

Accessibility: One Level, Parking
Bathroom: 1.0 (Main)
Days on Site: 5
Exterior: Deck, Fenced, Fire Pit, Outbuilding, Tool Shed, Yard
Exterior: Shingle Siding
Fireplace: Gas
Hot Water: Gas
Interior: High Ceilings, Laundry, Vaulted Ceiling(s), Vinyl Floor, Washer-Dryer, Wood Floors
Kitchen: Free-Standing Range, Free-Standing Refrigerator, Tile
Lot: Level, Trees
Parking Notes: Driveway, ParkingPad
Sewer: Public Sewer
Square Footage: 788 (Main)
Water: Public Water

Local Schools

High School: Seaside
Middle School: Seaside
Elementary School: Pacific Ridge

Listed By / Shown By

Listed By

Agency Name: Rise Above Realty
Agency Phone: 503-440-6233

Shown By

Agent Name: Katie McGinnis Broker
Agent Phone: (541) 639-9794
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 2,819.69 per month $2,472.65 Principal & Interest $204.42 Property Tax $142.63 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/28/2026. The listing information on this page last changed on 07/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/28/2026 4:33:56 PM EST) or RMLS (last updated Tue 07/28/2026 4:27:48 PM EST) or COAR/MLSCO (last updated Tue 07/28/2026 4:32:12 PM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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