1021 Promenade - Specialty FOR SALE


Seaside, OR 97138
$2,195,000 USD
503-724-2400
1021 Promenade, Seaside, OR for Sale
$2,195,000 USD
Specialty - FOR SALE
1/63
null | Request Cap Rate

1021 Promenade
Seaside, OR 97138


HIGHLIGHTS

  • Oceanfront Location, just blocks to downtown Seaside, Oregon
  • Timeless, Quality Construction with Lodge like interior, Historic Hand Hewn Beams, Cobble Stone Fireplace, Original Staircase with Arts & Craft Era De
  • Expansive Property Covering 2 tax lots, offering extensive parking options and room to large gatherings to spread out and enjoy the property.

OVERVIEW

Historic Oceanfront Investment Opportunity | The Reunion House | Seaside, Oregon Well established turnkey short term rental opportunity in the popular Pacific Northwest Vacation Destination Seaside, Oregon. The Reunion House presents a rare opportunity to acquire one of the Oregon Coast’s most recognizable legacy properties while securing a proven income-producing asset in one of the Pacific Northwest’s most established vacation destinations. Originally built in 1926 for Thomas Autzen, industrialist and namesake of Autzen Stadium—this historic Arts and Crafts residence occupies a premier position along the iconic Seaside Promenade with sweeping views of the Pacific Ocean and Tillamook Head. The residence offers three finished levels plus a full basement and was designed to accommodate both private retreats and large gatherings. Period craftsmanship remains intact throughout the home, including wood-lined interiors, hand-hewn beams, original built-ins, wrought-iron hardware, and a cobblestone fireplace. Large windows frame ocean views while multiple gathering areas, including a formal dining room, living room, family room, patio, and deck—create an ideal environment for guests seeking an authentic coastal retreat. The home sits on the western tax lot and the east tax lot has a gazebo with hot tub and a detached studio with game room, sauna and outdoor shower. The property is fenced in an gated at it's vehicle entrance on Beach Drive and at a footpath to the Promenade. The property is currently operating as an active vacation rental that has been managed by Seaside Vacation Homes for the past 19.5 years and is offered turnkey furnished, allowing a new owner to continue rental operations immediately. With its combination of historic significance, irreplaceable oceanfront location, and proximity to two major feeder markets, The Reunion House offers both legacy ownership and long-term investment potential. Opportunities to acquire a property of this caliber on the Seaside Promenade are exceptionally rare. This home has been in the same family for 20 years. For investors or 1031 exchange buyers seeking a distinctive coastal asset with strong vacation appeal and established rental demand, The Reunion House represents a unique offering on Oregon’s North Coast. The Location: Seaside, Oregon is one of the Pacific Northwest’s most established coastal tourism destinations, drawing significant visitor traffic each year. During peak summer months alone, more than 2 million visitors travel to Seaside, many from the Portland metro area and the greater Seattle region due to its convenient coastal access. Located approximately 90 minutes from Portland, the town has long served as a popular resort community dating back to the late 1800s. Visitors are drawn to its wide sandy beaches, the historic 1.5-mile oceanfront Promenade, and a walkable downtown filled with restaurants, shops, and family attractions. Year-round events—including the Seaside Beach Volleyball Tournament, Miss Oregon Pageant, Fourth of July celebration, and First Saturday Art Walks—help sustain consistent tourism demand and support a strong market for vacation rentals. Designed by noted Portland architect O. M. Akers, The Reunion House spans two tax lots. The main residence fronts the Historic Seaside Promenade, placing guests just steps from the beach and within easy walking distance of downtown amenities. The second lot extends to Beach Drive and includes additional guest amenities such as a detached game pavilion with sauna and outdoor shower, along with a gazebo and hot tub—features that further enhance the property’s appeal as a destination rental for larger groups and family gatherings.

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$484 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Reunion House on the Seaside Promenade

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

-

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R3 High Density

APN/PARCEL ID

12458,12465

ASK ABOUT THIS PROPERTY

Christy CoulombeSALTAIRE Coastal HomesMore Info
503-724-2400

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Christy CoulombeSALTAIRE Coastal HomesMore Info
503-724-2400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.