A unique chance to own a fully furnished lakefront home just three blocks from the beach with a transferable short-term rental license — a highly sought-after combination & almost never heard of opportunity on the North Oregon Coast. “The Captain’s House,” a distinctive property offering both lifestyle and investment potential. Unique architectural details — including historic railing reclaimed from Portland’s iconic hotel era — add character and charm. The passive solar design enhances energy efficiency and fills the home with natural light year-round. Enjoy plenty of storage for your beach toys, clothes & games. Enjoy peaceful lakefront views while being just a minute from public beach access and seven miles of sandy shoreline. Currently operating as a successful short-term rental, the transferable STR license provides immediate income opportunity for buyers seeking a turnkey Rockaway Beach vacation rental. Ideal as a second home, full-time residence, or established Oregon Coast investment property. Lakefront setting with your own private dock. Walkable beach access. Transferable STR permit. Opportunities like this in Rockaway Beach are rare. Call to schedule your showing today!!