8755 LAKE St Rockaway Beach, OR 97136

Rare Coastal Gem – Prime Two-Lot STR Property in Rockaway Beach!This is a rare opportunity to own a spacious Short-Term Rental-licensed home or full-time private residence on two combined tax lots, just steps from both the ocean and the lake! Nestled in a prime Rockaway Beach location, this beautifully updated 3-bedroom, 1-bath home sits on an oversized, double-lot property—offering flexibility, income potential, and the essence of Oregon coastal living.Step inside to find modern finishes and an open-concept layout connecting the living room, dining area, and kitchen—perfect for entertaining or unwinding after a day at the beach. The bedrooms are spacious and filled with natural light, creating a warm and welcoming atmosphere throughout the home.Enjoy outdoor living on the covered patio, ideal for gatherings year-round. The partially fenced yard offers plenty of room for gardening, relaxing, or future enhancements.Prime Location Highlights:*Just 1.5 block walk to beach access*Lake views and easy access right out your front doorInvestment Highlights:*STR license in place — a major value adds in a market where the license cap has been met, and no new licenses are currently being issued*Transferable STR license (one-time transfer allowed per Tillamook County regulations)*Turnkey rental opportunity with strong appeal for vacationers year-round*Additional lot included: Vacant Tax Lot #2N1020CA09900 | Parcel #49290R*Combined lot size, acreage, and taxes reflect both parcelsWhether you’re looking for a coastal getaway, a smart investment, or a home with room to grow, this one checks every box. The additional lot offers potential for expansion or future development—buyers to perform due diligence on ADU or building possibilities.Don’t miss out on this rare chance to own a two-lot property with an active STR license in one of the Oregon coast’s most desirable communities.