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👁🗨 Sesemi STR Hot Sheet | 📲 STR Mortgages
Dear Sesemi STReet Subscriber,
This week I came across an eye-opening stat: Oregon home prices rose nearly 700% in the past 40 years - second in the nation only to Washington. It is no secret that Oregon Coast property is in high demand but we were surprised to discover that (even amongst all the negative economic headlines) - nearly 20% of ALL single family and multi-family properties on the Oregon Coast are currently Pending. It’s been a slightly softer and later start to Spring Shopping Season, but activity will rise further with higher temperatures and lower borrowing rates. Check out the chart below…
Hosted by OR & CA RE Broker and NMLS Mortgage Broker Anthony AJ Wong.
Active Single Family & Multi Family Listings
Region | TOTAL SFR Listings | Pending | TOTAL Multi-Family Listings | Pending |
|---|---|---|---|---|
Total OR Coast | 1456 | 291 | 73 | 15 |
Eugene | 495 | 177 | 27 | 9 |
📝 Real Estate Investment & STR News:
Portland and Oregon propose suspending development fees to encourage construction and relieve housing shortage.
We’re continuing to keep an eye on the proposed tax cuts that could extend the STR Tax Loop Hole!
Featured NEW IN-HOUSE Listing: 726 Beach St Manzanita OR | $1.649M
Spectacular modern Oceanview home providing a turn-key Pacific Northwest coastal retreat! This 2-bedroom, 2.5-bath masterpiece blends sleek contemporary design with timeless beach house charm. Located just steps from the sand, this home features a spacious open-concept floor plan with soaring ceilings, walls of glass, accordion sliders and an expansive wraparound deck perfect for entertaining or soaking in breathtaking sunsets then gather around the communal fireplace. First time on market - this custom property features high quality materials & finishings including VIKING Appliances. Don't forget to check out the views from the third level media room! Indulge in seamless indoor-outdoor living just 90 miles from Portland in majestic Manzanita. Currently an active successful luxury vacation rental that sleeps 8 - subject to waitlist for new owner permit. Sold completely furnished.
🏄🏽♂️ Here are TEN FRESH Oregon Coast Vacation Rentals For Sale:
102 N 2nd St Rockaway Beach OR - 2/2.5 1289SF Townhome (IN HOUSE LISTING!) Turn-key STR in the heart of Rockaway Beach. Asking $405,000
1332 NW 19th St Lincoln City OR - 3/1 1156SF - Active STR with Tourist Zoning eligible for STR outright. Asking $469,000
11698 Highway 36 Mapleton OR - 2/2 1050SF - Charming riverfront STR. Asking $489,000
32818 State Highway 38 Scottsburg OR - 4/2 2400SF - Riverfront Active STR. Asking $499,000
5201 SW Highway 101 #314 Lincoln City OR - 2/1 990SF Condo Active STR eligible for new permit. Asking $550,000
1210 highway 101 N Rockway Beach OR - 4/3 1820SF - Active STR with transferrable permit. Newer construction. Asking $595,400
5950 Neptune Dr Pacific City - 3/2 1704SF - Active turn-key STR. Reduced now Asking $699,000
25 NE Clark St Depoe Bay OR - SFR + TRIPLEX! - Commercial zoning eligible for STR outright. Asking $990,000
3177 Beach Loop Dr SW Bandon OR - 4/3 2590SF - Active turn-key STR with rare grandfathered STR permit. . Asking $1,125,000 (STILL ON MARKET 🤯)
4198 McKenzie Hwy Vida OR - 11/12 7794 SF - Riverfront B&B grosses $420K/yr and financeable with 20% down. Asking $2.5M
BONUS: Two Quality Multi-Family Listings
124 S 63rd St Springfield OR - Four Plex with detached garages and upside potential. Asking $625,000
4550 Rogue River Highway Grants Pass OR - 10 Detached Riverfront Cottages. Asking $1.1M
👁🗨 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 sesemisheet.com Text 541-800-0455 for the secret pass code!
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.
Browse ALL active and eligible Oregon Coast vacation rentals listed for sale on our invite only STR HOT website SESEMI SHEET updated daily! Text for secret passcode.
Selling a property sometime soon? Supercharge your 1031 exchange search with HIGH ROI properties including: Apartment Complexes, RV & Mobile Parks, Storage, Industrial, Commercial and Development Opportunities.
P.S. As a licensed NMLS mortgage broker with C2 Financial we cohesively support investors with curated loan programs. If you are in contract or considering an offer on a property nationwide, feel free to forward your BEST quote to our team for a zero obligation second look loan review. For those pending, we offer a 24 hour full loan commitment to help you and your agent win the offer! Reach out for optimized weekend Pre Approvals and professional mortgage support.
Ask about our premier mortgage programs:
Elite Jumbo & Super Jumbo Loan Rates
FHA, VA & Conventional
STR and AirBNB Mortgages
1-100 Units + Commercial
Expedited refinances and HELOCS
DSCR (Debt Service Coverage Ratio) Mortgages for 1-100+ Units
Ground Up Construction financing
Alternative income verification (1099, Bank Statement, Asset depletion)
Private & Portfolio Programs
As always for a full OR STR overview, to search properties, view our recent transactions and read testimonials visit our website and thank you for your continued support as we strive to deliver the most accurate vacation rental and multi family investment insight and prospects along the Oregon Coast and beyond.
📲 541-800-0455 📧 [email protected]
Licensed Real Estate Broker in the States of Oregon & California Fathom Realty
FL NMLS ID: 2297941
