# 131 E RAINBOW Rd, Waldport, OR 97394

> **TL;DR:** 1bd/1ba single family, $339,000 ($435/sqft), built 1965, 780 sqft. Est. $1,813/mo. Listed 80 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $339,000 |
| Price/sqft | $435 |
| Bedrooms | 1 |
| Bathrooms | 1 full |
| Square Feet | 780 |
| Year Built | 1965 |
| Lot Size | 60,113 sqft (1.38 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | Active |
| Days on Market | 80 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,714 |
| Estimated Insurance | $99 |
| **Total** | **$1,813** |

## Nearby Schools

- **Elementary:** Crestview Hghts
- **Middle:** Waldport
- **High:** Waldport

## Property Highlights

- Built in 1965
- 1.38 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 131 E RAINBOW Rd, Waldport, OR 97394
- **County:** Lincoln
- **Neighborhood:** Alsea River
- **Coordinates:** 44.412247, -124.008594
- **Google Maps:** https://www.google.com/maps?q=44.412247,-124.008594

## Listing Agent

- **Name:** Tricia Hall
- **Brokerage:** RE/MAX equity group
- **Phone:** 5037086087
- **Broker Phone:** (503) 670-3000
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/131-E-Rainbow-Rd_Waldport_OR_97394_M18708-18138?f=listhub&s=RMLSOR&m=437208205&c=propsimple)

## Photos

![131 E RAINBOW Rd - Photo 1](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f2258326799r.jpg)

![131 E RAINBOW Rd - Photo 2](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f1298724394r.jpg)

![131 E RAINBOW Rd - Photo 3](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f1322018885r.jpg)

![131 E RAINBOW Rd - Photo 4](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f544513253r.jpg)

![131 E RAINBOW Rd - Photo 5](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f1014022110r.jpg)

![131 E RAINBOW Rd - Photo 6](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f3432905841r.jpg)

![131 E RAINBOW Rd - Photo 7](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f753211450r.jpg)

![131 E RAINBOW Rd - Photo 8](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f2523594485r.jpg)

![131 E RAINBOW Rd - Photo 9](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f1647401579r.jpg)

![131 E RAINBOW Rd - Photo 10](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f881710389r.jpg)

![131 E RAINBOW Rd - Photo 11](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f575506977r.jpg)

![131 E RAINBOW Rd - Photo 12](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f1238592708r.jpg)

![131 E RAINBOW Rd - Photo 13](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f2554184754r.jpg)

![131 E RAINBOW Rd - Photo 14](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f454562288r.jpg)

![131 E RAINBOW Rd - Photo 15](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f919092041r.jpg)

![131 E RAINBOW Rd - Photo 16](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f1318091974r.jpg)

![131 E RAINBOW Rd - Photo 17](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f3499928544r.jpg)

![131 E RAINBOW Rd - Photo 18](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f767914r.jpg)

![131 E RAINBOW Rd - Photo 19](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f1988240098r.jpg)

![131 E RAINBOW Rd - Photo 20](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f1524926084r.jpg)

![131 E RAINBOW Rd - Photo 21](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f617151173r.jpg)

![131 E RAINBOW Rd - Photo 22](http://lh.rdcpix.com/181169aced0226c3b5896719b1a236f0l-f3736353876r.jpg)

---

**MLS#:** 437208205 | **Updated:** 2026-07-03
**Source:** listhub

*Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/131-e-rainbow-rd-waldport-or-97394-37208205)

---

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