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640 Ocean Rd, Manzanita, OR, 97130

8beds
4baths
3,387sqft
$1,770,000
$523price/sqft
$11,487/moest. monthly cost
$459,480/yrincome needed

About This Home

Versatile oceanfront living in the heart of Manzanita! Unrivaled views of the ocean, beach, and iconic Neahkahnie Mountain from every level of this exceptional home with easy beach access. Designed for flexibility, this legal duplex functions beautifully as a single-family residence with an attached unit for a multigenerational retreat, or as a primary home with potential for a short or long-term rental income unit. Enjoy expansive deck space with a protective glass windbreak, perfect for soaking in the views with a sheltered place to relax, BBQ, and enjoy the outdoors, even during those summer NW winds. Features include 8 bedrooms, 4 baths, 2 full kitchens, 1 kitchenette w/wetbar, 3 propane fireplaces, and shared laundry across 3,387 sq ft. Set on an oversized .16- acre lot with durable cedar siding and metal roof. Property meets current code for duplex use. One of the few Ocean Rd homes with no power lines blocking the view, and just steps to the sand! Sold partially furnished (minus list of exclusions). Buyer to verify short-term rental regulations for intended use.

Getting Around

49
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

10/10
Nehalem Elementary SchoolGrades PK-52.2 mi
7/10
3/10
Neah-Kah-Nie High SchoolGrades 9-125.7 mi

Construction

Condition

  • Year built: 1976

Materials

  • Foundation: Concrete Perimeter
  • Roof: Metal
  • Construction materials: Frame,Wood Siding,Cedar,Shingle Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Chalet
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Microwave,Refrigerator,Washer,Built-In Electric Oven
  • Laundry features: Main Level

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Storage,Wet Bar,Soaking Tub
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Carpet,Laminate,Tile
  • Number of fireplaces: 3
  • Fireplace features: Propane
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,387

Heating & Cooling

  • Heating features: Electric,Radiant,Zoned
  • Cooling features: None

Interior Area

  • Total structure area: 3,387
  • Total interior livable area: 3,387 sqft

Property

Details

  • Parcel number: 3N1029BA11300
  • Zoning description: R-2 Residential
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Has view: Yes
  • View description: Mountain(s),Other,Panoramic
  • Has water view: Yes
  • On waterfront: Yes

Lot

  • Lot size: 6,969 sqft
  • Features: Level,Gentle Sloping

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 $8,950$107,400
Home Insurance *$462$5,544
Property Taxes $1,768$21,216
Electricity $307$3,688
Total$11,487$137,844
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$393,840/yr
40% on housing$344,610/yr
45% on housing$306,320/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

$523This listing

vs Other Active Listings

Avg $/sqft

ZIP 97130$441
Tillamook County$315

vs Homes Sold Last Month

Median $/sqft

ZIP 97130
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
2026-03-09Price change$1,770,000
2026-01-24Price change$1,899,000
2025-10-17Listed for sale$1,950,000

For Sale by Agent

AgentLaura Walsh
BrokeragePete Anderson Realty, Inc-Manzanita

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