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👁🗨 Sesemi STR Hot Sheet | 📲 STR Mortgages
Dear Sesemi STReet,
Happy Holidays and Happy Investing in 2026!
In preparation for the ‘2026 STR Loophole Season’ we’re sharing our annual critical STR Permit and License guide for the Oregon Coast!
For market and investing insights be sure to follow me and my articles as a FEATURED AUTHOR ON BIGGER POCKETS and coming in 2026 to a major media outlet near you…
📲 Shop directly at our exclusive STR HOT SHEET. Updated daily and featuring 100+ active and off market vacation rental properties for sale. Search 24/7/365 at www.sesemisheet.com
🚨 Best places to buy a AIRBNB (STR) on the Oregon Coast in 2026: Permit & License Guide
In 2025 we helped investors acquire AirBNBs ranging from $200K to nearly $2M including some prime investment areas such as Bandon, Seaside, Lincoln City, Depoe Bay, Florence, Waldport, Coos Bay, Port Orford, Rockaway Beach and Bay City on the Oregon Coast but in 2026 our job could be getting a lot more challenging..
As with most STR markets; vacation rental rules, permits and licensing are constantly shifting with several notable changes proposed to operating zoned and legal short term rentals in cities and counties along the Oregon Coast for 2026. Some highlight investment areas that currently permit STR licenses and permits to transfer to new owners and continue operating could revise transferability - dramatically reducing the inventory of immediately operable STRs on the Oregon Coast, just when demand might be spiking as a result of tax and depreciation incentives..
To help investors locate the most up to date and accurate information: we're sharing a STRPermit (AIRBNB) and vacation rental license/permit overview that covers the entire Oregon Coast: from Brookings to Astoria and beyond.
Yes - an STR/AirBNB vacation rental permit or license is required to operate a short term rental (stays of less than 30 days) on the Oregon Coast. In my opinion most jurisdictions (cities, counties, communities) have done an excellent job of balancing saturation and have clear applications and processes towards operating a legally, zoned vacation rental.
Please note: this is just an overview - there are always exceptions to the rules and specific prospects STR usages should ALWAYS be directly confirmed with the planning department or jurisdiction responsible for permit/license issuance.
Below is a city-by-city breakdown of where owning and operating a single family AirBNB or STRis still feasible along the Oregon Coast:
🦀 NORTH TO SOUTH:
Astoria: Generally restricted with the exception of commercially zoned properties.
Warrenton/Gearhart: Mostly restricted with the exception of some townhome and condo communities and coastal luxury HOA communities that currently permit STRs. Several have proposals on restricting future STRs..unfortunately likely in 2026.
Seaside: Could see a major change in permit process and requirements in 2026. Expectations are for even fewer properties to be eligible for licensure. For 2025 active STRs were not subject to a mandatory 90 day wait period for issuance. STRs are currently permitted west of US101 ('Redline') and subject to saturation and landscaping requirements. Some townhomes and condos are excluded.
Cannon Beach: Limited to one occupancy every 14 days. Unlimited licenses have been suspended - very occasional 'grandfathered' or commercially zoned properties do exist*
Manzanita: R2 and R3 zones are waitlisted. No waitlist for R4, Commercial, and LC zones.
Arch Cape: Restricted to one occupancy every 7 days. County exceptions*
Rockaway Beach: A STR CAP on licenses/permits was implemented at the end of 2024 that allowed active and operating STRs permits to transfer (one-time) to the new owner - until the number of active rentals was under the newly established CAP. There is a 2026 proposal to remove the transferability of actively licensed STRs.
Bay City - Within city limits properties are eligible provided there is not an active rental within a certain distance. Licenses/permits do not transfer.
Nehalem, Cape Meares, and UGB zone of Rockaway Beach: Subject to waitlists some are in the single parties.
Pacific City: STRs are permitted based on zoning and saturation of neighboring STRs. Active licenses can often transfer*
Lincoln City: Highly restrictive with the exception of commercial and coastal tourist zones and - Olivia Beach which permits nightly vacation rental usages outright. The Road's End exception expired in 2024. R1.5+ zoning is technically eligible but subject to a county waitlist with an estimated wait time exceeding 24 months.
Lincoln County: Certain subareas are subject to a waitlist; eligibility is very property-specific and goes through the Sheriff's Office.
Depoe Bay: Mostly restricted, with exceptions of specific commercial tourist zones, condos and townhomes. There is also a new construction luxury community that permits vacation rental usages outright.
Newport: Generally not permitted except in specific tourist, commercially zoned areas - typically in the historic Nye Beach area. Condos and condohotels can qualify*
Waldport: Permitted within city limits. Bayshore (an HOA community) north of the bridge is no longer permissible. Properties located within Lincoln County can qualify on a case by case basis but generally very limited eligibility.
Yachats: In 2025 the waitlist declined to less than ten parties. In general for an STR that is immediately operable - it is a no-go zone as licenses/permits don't transfer. However - if investors are willing to wait 1-2+ years it could be a consideration.
Florence: Currently no STR regulations or HOA restrictions but regulations are likely forthcoming in 2026*** The presumption is that actively operating properties will be able to continue to operate. Outside city limits in ‘Lane' county should continue to be licensable subject to water sources and septic capacity.
Coos Bay & North Bend: Subject to Coos County regulations, including a Land Use Compatibility Statement (LUCS) and healthy department inspections. Restrictions apply based on proximity to existing STRs.
Bandon: Allowed within designated STR zones near Beach Loop, provided the area isn't oversaturated with active vacation rentals (typically less than 30% active STRs nearby) licenses DO NOT transfer at sale and therefore many active STRs cannot continue to operate not subject to a wait. There are rare 'grandfathered' exceptions for VRD (Vacation Rental Dwellings) that have operated before the current permit rules were enacted. STR permits are also attainable outside city limits with Coos County - though the process may take months due to waste and water system inspections.
Gold Beach: Generally restrictive - permitted in commercially zoned areas or outside city limits with a Curry County permit.
Brookings: Permitted with specific zoning code only - usually on the very west side of town.
There are exceptions to every rule and investors should work closely with the city or county planner, their real estate professional, short term rental property manager and title team to ensure that their prospective investment is eligible and familiarize themselves with the licensure process before and during their due diligence period.
Our expectations for 2026 are robust investor demand and a shrinking licensable inventory of STRs that can operate at closing. There is likely to be a shifting emphasis towards townhomes, condos and communities that permit short term rental and AIRBNB usages outright as some of the areas highlighted revise their transferability rules and as a result - further reduction in STR inventory.
For example - Rockaway Beach Oregon has been a top tier STR investor market nationally for many years but has slowly restricted licensing and if active rentals can no longer transfer there could be zero new BNB inventory coming to market until the number of active rentals is reduced below the current CAP. This will broaden north coast investors' market horizons - and if mortgage rates trend as anticipated - could create strong competition on prime (particularly luxury) STR beach homes.
Featured Property:
54150 S Beach Rd Neskowin OR
6 / 7 5601SF - Luxury Oceanview Estate with transferrable STR permit. Ask for $300K+ Projections*
👀 8 MORE STRs For Sale:
1540 NW 20th St Lincoln City OR | 2 / 1 768 SF - Active STR with outright zoning. Asking $415,000
48250 Hawk St Neskowin OR | 2 / 1 609SF - Active STR with transferrable permit. Asking $525,000
4567 Haceta St Florence OR | 3 / 2 1440SF - Near beach home. STR eligible. Asking $689,000
107 SW Coast Ave Newport OR | 4 / 4 3125SF - Still on market..active and grandfathered STR with ± $100K Gross annual income. Needs revitalization. High ROI potential. Asking $890K
57555 Parkerburg Rd Bandon OR | 3 / 3 1657SF - Riverfront home located in the county. 3-6 mos for permit. STR eligible per listing team. Asking $990K
94145 Highway 101 Yachats OR | 4 / 4 4254SF - Oceanview estate. Needs updating. County eligible. Asking $1M
3215 NW Inlet Ave Lincoln City OR | 4 / 2 1716SF - Oceanfront STR in LC. Per listing team the new planner just approved the off street parking for STR usages. Asking $1.150M
2685 SW 54145 S Beach Rd Neskowin OR | 3 / 3 2500SF - Luxury Ocean View Active STR with transferrable permit. OFF MARKET - Asking $1.6M ***Ask for Projections!
BONUS LAND LISTING: Be our neighbor. TEN ACRES ON THE ELK RIVER WITH MYRTLE TREES & WATER RIGHTS! Asking $485,000
BONUS HOSPITALITY LISTING: IN HOUSE - 12 Unit Riverview Boutique Motel in Florence Oregon! Impeccably maintained, operated and consistently profitable -this impressive turnkey property is primed for continued success. Seller Financing Available. Asking $1.997M
👁🗨 Our exclusive STR HOT SHEET is updated daily and features 100+ active and off market vacation rental properties for sale. Search 24/7/365 at www.sesemisheet.com
🎯 Why use an STR-focused broker
We specialize in licensed, zoned STRs, 1031X timing, and turn-key luxury sales so investors save time and capital.
$25M+ in STR sales closed along the Oregon Coast & beyond; we underwrite revenue, compliance, and operations—not just comps.
Our HOT Sheet tracks 99% of eligible STRs so you move smart.
🪄 HOT Sheet: 9 of 10 of our STR sales are first found on our exclusive and invite-only cheat sheet: Request access and visit sesemisheet.com
Thank you for reading this week’s edition of Sesemi STReet your premier information source for vacation Rental and investment property insight throughout Oregon & California.
Anthony AJ Wong
Licensed Oregon Real Estate Broker | NMLS Mortgage Broker
Sesemi | STR Brokers powered by Fathom Realty Oregon + Loan Factory
📞 541-800-0455
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