Active
2 beds2,307 sqft$208/sqft
82 E Rainbow Rd, Waldport, OR 97394
Est: $2,721/moGet pre-approved
Single FamilyProperty Type
2.77 acresLot Size
1978Year Built
$208/sq ftPrice per sq ft

Description

This home is rich in history and vintage charm, awaiting someone with a vision to restore it to its full potential. Live comfortably as you renovate it. When you step inside, you're greeted by vaulted ceilings, rich wood paneling, and large windows that frame a breathtaking view of the Alsea River! A separate studio provides space for guests or creativity. Situated on a large parcel of marketable timber, the property offers as much potential as the home does. The yard boasts a variety of mature trees,...This home is rich in history and vintage charm, awaiting someone with a vision to restore it to its full potential. Live comfortably as you renovate it. When you step inside, you're greeted by vaulted ceilings, rich wood paneling, and large windows that frame a breathtaking view of the Alsea River! A separate studio provides space for guests or creativity. Situated on a large parcel of marketable timber, the property offers as much potential as the home does. The yard boasts a variety of mature trees, including apple, cherry, peach, pear, bay leaf, and rosemary, complemented by blooming roses and rhododendrons. Grow your own food! Elk and deer are frequent visitors! This property is a haven for outdoor enthusiasts seeking tranquility, privacy, and a serene natural setting.
5 days on Market
  • Listed by: Makennah P Warner 509.392.2134 realtor.makennah@gmail.com Brokerage DRE #200903037 • Elkhorn Real Estate
  • Listed by: Gabriella Jones 541.961.1315 Gabriella.realtor12@gmail.com Brokerage DRE #200903037 • Elkhorn Real Estate
Last updated: 08/25/2026 11:19 AM • Source: Lincoln County Board of REALTORS, MLS#: 26-2334

Location

Listing Courtesy of Elkhorn Real Estate
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Payment Calculator

$2,721 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,440

Property Taxes

$281

HOA Dues

$0

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Property Information for 82 East Rainbow Road

Property Details
  • Taxes: $3,377 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Traditional
  • Furnished: Unfurnished
  • View: Mountain(s), Forest, Panoramic, River
  • Has View: Yes
  • Has Waterfront: No
  • Zoning: RR-5 Rural 5 acre
Building Information
  • Stories: 1
  • Year Built: 1978
  • Lot Size: 2.77 AC / 120,661 SF
Summary
Location and General Information
  • Directions: From HWY 101, turn onto NW Hemlock St and follow for approximately 3.6 miles, turn right onto Rainbow Road. Follow Rainbow Road until you reach the top and take a right, then take the first right down the driveway.
  • Latitude: 44.412636
  • Longitude: -124.011954
  • Senior Community: No
  • Water Body Name: Alsea River
Taxes and HOA
  • Association: No
  • Parcel Number: R438860
  • Tax Annual Amount: $3,377.29
  • Tax Lot: 315
  • Tax Map Number: 131127B
  • Tax Other Annual Assessment Amount: $66.25
  • Tax Year: 2024
Parking
  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Driveway
Property
Lot Information
  • Lot Features: Garden, Private, Secluded, Wooded
  • Lot Size Acres: 2.77
  • Lot Size Area: 2.77
  • Lot Size Units: Acres
  • Lot Size Square Feet: 120661.2
  • Road Surface Type: Gravel
Property and Assessments
  • Above Grade Finished Area: 2307.0
  • Building Area Total: 2307.0
  • Living Area: 2307.0
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1978
Building Features
  • Other Structures: Shed(s)
  • Construction Materials: Wood Siding
  • Foundation Details: Concrete Perimeter
  • Levels: One
  • Roof: Composition
  • Total Stories: 1
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Exterior Features: Private Yard, Garden
  • Patio And Porch Features: Deck
Interior Features
  • Appliances: Dryer, Double Oven, Electric Cooktop, Microwave, Washer, Water Heater
  • Has Basement: No
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Has Cooling: No
  • Has Fireplace: No
  • Flooring: Other
  • Heating: Electric, Forced Air
  • Has Heating: Yes
  • Interior Features: Walk-In Closet(s), Vaulted Ceiling(s)
  • Total Rooms: 6
  • Has Spa: No
  • Water Heater: Electric
Room Information
Room 1
  • Level: Main
  • Type: Bedroom 2
Room 2
  • Level: Main
  • Type: Bathroom
Room 3
  • Level: Main
  • Type: Bedroom 2
Room 4
  • Level: Main
  • Type: Living Room
Room 5
  • Level: Main
  • Type: Kitchen
Room 6
  • Level: Main

Property History for 82 East Rainbow Road

DateEvent & SourcePriceAppreciation
Aug 25, 2026

Listed (Active)

Lincoln County Board of REALTORS #26-2334

$480,000
Feb 28, 2026

Expired

Lincoln County Board of REALTORS #LC-104830

$650,000
Sep 12, 2025

Listed (Active)

Lincoln County Board of REALTORS #LC-104830

$650,000
DateEvent & SourcePrice
08/25/2026

Listed (Active)

Lincoln County Board of REALTORS #26-2334

$480,000
02/28/2026

Expired

Lincoln County Board of REALTORS #LC-104830

$650,000
09/12/2025

Listed (Active)

Lincoln County Board of REALTORS #LC-104830

$650,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 82 East Rainbow Road

Taxable ValueLand-Additions-Total-
Tax Record2025$3,671 ($306 / month)
Home Facts
Beds2Baths2Total Finished SqFt2,307 SqFtAbove Grade Finished SqFt2,307 SqFtStories1Lot Size120,661 SqFtStyleSingle Family ResidenceYear Built1978ZoningRR-5,DR;RURALCountyLINCOLNAPN13-11-27-B0-00315-00

Schools near 82 East Rainbow Road

This home is within Lincoln County School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 8
Rating
School
Distance
Crestview Heights School
PublicK to 6

Waldport Middle School
Public7 to 8

Waldport High School
Public9 to 12

Toledo Junior High School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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82 East Rainbow Road is a single family home for sale in Waldport, OR 97394. This property was listed for sale on August 25, 2026 by Elkhorn Real Estate, it's currently listed at $480,000. It has been on the market for a total of 5 days and was last sold on February 16, 2016. This listing's school district is Lincoln County School District. Nearby schools include Crestview Heights School, Waldport Middle School and Waldport High School. 82 East Rainbow Road is a 2-bed, 2-bath, 2,307 sqft single family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Elkhorn Real Estate

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