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131 E Rainbow Rd, 
Waldport, OR 97394

$339,000

1

Bed

1

Bath

780

Sq Ft

Single Family

Active

Listed by

Tricia Hall

RE/MAX Equity Group

503-635-2660

Last updated:

July 13, 2026, 11:50 AM

MLS#

437208205

Source:

PORTLAND

About This Home

131 E Rainbow Rd

A unique opportunity 3.5 miles from Waldport along the Alsea rHighway. Private neighborhood with a perfect cottage and room for more. Includes existing cottage on large .69 acres lot and the adjacent lot (also .69 acres) Buyer due diligence on vacant lot. Has well in unknown condition. Great place to create a generational compound where summer days can be spent fishing the Alsea or crabbing at the coast. Expansive outdoor spaces for fish fry’s, crab boils, outdoor games and nights around the fire pit. Cottage has 1BD with a large utility room that functions as a second bedroom/sleeping porch.

Home Facts

Single Family

1 Bath

1 Bedroom

Built in 1965

Price Summary

339,000

$434 per Sq. Ft.

MLS #:

437208205

Last Updated:

July 13, 2026, 11:50 AM

Added:

17 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

780 Sq. Ft.

Structure

Structure

Architectural Style:

1 Story, Cottage

Building Area:

780 Sq. Ft.

Year Built:

1965

Lot

Lot Size (Sq. Ft):

60,112

Finances & Disclosures

Finances

Price:

$339,000

Price per Sq. Ft:

$434 per Sq. Ft.

MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 brokerage firms other than Coldwell Banker Professional Group are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: July 13, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.