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35565 Sea Forest Way, Nehalem, OR, 97131

3beds
2baths
1,200sqft
$475,000
$396price/sqft
$3,165/moest. monthly cost
$126,600/yrincome needed

About This Home

BOOK A STAY- TRY BEFORE YOU BUY! Discover your perfect Oregon Coast getaway at this charming 3-bedroom, 2-bath chalet nestled among the trees in beautiful Nehalem—just minutes from Manzanita Beach. Offering a transferable short-term rental (STR) permit and sold fully furnished, this property is an income-producing coastal retreat and a cozy second home. Step inside and you’ll be welcomed by oak hardwood floors, vaulted ceilings, and stunning floor-to-ceiling windows that fill the space with natural light. The open-concept kitchen, dining area, and living room provide an effortless flow for entertaining, while the cozy wood stove adds warmth and coastal charm. Surrounded by old-growth cedar trees, the expansive wrap-around deck is perfect for relaxing, dining outdoors, or taking in the serene forest setting. Located just blocks from downtown Manzanita, this home offers unbeatable proximity to shops, restaurants, parks, trails, and beach access—giving you the best of the Pacific Northwest lifestyle. Shown my appointment only, please do not disturb guests.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

10/10
Nehalem Elementary SchoolGrades PK-51.1 mi
7/10
3/10
Neah-Kah-Nie High SchoolGrades 9-125.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1994

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Lap Siding,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: A-Frame,Chalet
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Free-Standing Range,Free-Standing Refrigerator,Washer/Dryer,Electric Water Heater

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Main
  • Area: 132

Bedroom3

  • Features: Balcony
  • Level: Main
  • Area: 90

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1

Cooling

  • Cooling features: None

Dining Room

  • Features: Vaulted Ceiling, Wood Floors
  • Level: Main

Features

  • Ceiling Fan(s),Vaulted Ceiling(s),Balcony,Great Room,Loft,Closet,Kitchen Island,Tile
  • Window features: Double Pane Windows,Vinyl Frames,Skylight(s)
  • Flooring: Wall to Wall Carpet,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Wood Burning Stove
  • Fireplace: Yes

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Kitchen

  • Features: Vaulted Ceiling, Wood Floors
  • Level: Main

Living Room

  • Features: Ceiling Fan, Great Room,Vaulted Ceiling, Wood Floors, Wood Stove
  • Level: Main

Master Bedroom

  • Features: Balcony, Ceiling Fan, Loft, Skylight,Closet, Vaulted Ceiling, Wallto Wall Carpet
  • Level: Upper
  • Area: 144

Property

Accessibility

  • Accessibility features: Minimal Steps,Accessibility

Details

  • Parcel number: 360497
  • Zoning: MZ-RMD

Features

  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Balcony
  • Fencing: Fenced
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 7,405 sqft
  • Features: Sloped,Trees,Wooded,SqFt 7000 to 9999

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Ice Storm
Strong Wind
Tsunami

FEMA Declared Disasters in Tillamook County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,401$28,812
Home Insurance *$128$1,536
Property Taxes $460$5,520
Electricity $176$2,119
Total$3,165$37,980
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,514/yr
40% on housing$94,950/yr
45% on housing$84,400/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$396This listing

vs Other Active Listings

Avg $/sqft

ZIP 97131$332
Tillamook County$318

vs Homes Sold Last Month

Median $/sqft

ZIP 97131
Tillamook County$347

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-04Price change$475,000
2025-12-03Listed for sale$499,000
2025-10-01Listing removed$499,900
2025-05-13Price change$499,900
2025-04-05Price change$525,000
2025-02-03Listed for sale$550,000
2023-05-31Sold$450,000
2023-05-24Pending sale$489,000
2023-04-28Listed for sale$489,000
2006-08-17Sold$220,000

For Sale by Agent

AgentCiji Dieringer
BrokerageJohn L. Scott Portland Central

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