Perched above Rockaway Beach with sweeping panoramic ocean views, this coastal retreat is the kind of place people dream about. Tucked away in a peaceful, secluded setting, this 3 bedroom, 2.5 bath unique tri-level split home offers the perfect blend of privacy, comfort, and income potential with a transferable short-term rental license already in place. Step inside to an open concept floor plan designed to capture the incredible views from nearly every angle. The spacious main floor living room and upstairs family room offer unmatched views. Both living areas showcase walls of windows that frame the Pacific Ocean and create a warm, inviting space to relax, entertain, or simply soak in the sunsets. The kitchen, dining, and living areas flow seamlessly together, making it ideal for gatherings, vacation living, or full time coastal living. An expansive deck offers a place to enjoy ocean breezes, watch the rolling waves, and hear the sounds of the ocean. Whether you're searching for a vacation rental investment, beach getaway, income producing property, or forever home on the Oregon Coast, this property checks all the boxes. Enjoy the feeling of hidden among the trees, while still just minutes from the beach, downtown shops, dining, and outdoor recreation. Wake up to ocean breezes and spend the evenings watching spectacular sunsets, and white water views! Experience the best of coastal living in beautiful Rockaway Beach.