new - 3 days on rocket

1175 2nd St SE, Bandon, OR, 97411

$1,800,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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1175 2nd St SE, Bandon$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingR.V. Parking
Year Built1949
HeatingZoned
ViewTerritorial, Trees/Woods
MLS #24393653
Lot Size1.13 Acres
StatusActive

About 1175 2nd St SE

UPDATED & REBRANDED IN 2022, this STYLISH Boutique Motel & RV Park is a TURNKEY, PROFITABLE operation that’s immaculately maintained & ready for new ownership. The b.side motel+rv features 10 UNIQUELY CURATED rooms (each w/its own private bath), offering a perfect blend of MODERN & VINTAGE style. Guests enjoy COMFORTABLE, CLEAN accommodations with PREMIUM mattresses, high-end linens, REFRIGERATORS, MICROWAVES, TVS, & HIGH-SPEED WIFI. A recently UPDATED manager’s unit includes 2 spacious bedrooms, 2 baths, & a full kitchen, ideal for an ON-SITE MANAGER or as an additional RENTAL OPPORTUNITY. A fully equipped housekeeping facility behind the motel ensures smooth daily operations. The RV PARK offers a serene, welcoming ambiance w/GORGEOUS LIGHTING, lush GREENERY, & SAFE, peaceful accommodations. There are 8 RV spaces that accommodate rigs ranging from 21-38ft, each offering FULL HOOKUPS, including SEWAGE & WATER. Additionally, there are 2 tent/car camping sites & 2 private, guest-only RV bathrooms w/COIN-OPERATED laundry. This property is the only 100% DOG-FRIENDLY motel in Bandon, offering additional revenue opportunities. Surrounded by tall trees, the grounds feature inviting OUTDOOR SPACES for guests. Conveniently located near Old Town Bandon, the beach, & world-renowned Bandon Dunes Golf Resort. An AUTOMATED, SECURE SELF-CHECK-IN SYSTEM eliminates the need for full-time on-site management, while the ONLINE BOOKINGS system ensures a low-friction guest experience. A growing SOCIAL MEDIA PRESENCE & website build guest loyalty, & TECHNOLOGY UPGRADES enhance efficiency & access to VALUABLE CUSTOMER DATA. Since rebranding, occupancy & revenue have SIGNIFICANTLY INCREASED, & the property boasts EXCELLENT REVIEWS, being the highest-rated motel in Bandon on Google. This IMPECCABLE OPPORTUNITY offers an 8.4% CAP RATE based on the list price of $1,800,000, with all marketing, guest management, housekeeping, maintenance, furnishings & equipment included.

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Stories: 1

Listing Office:

  • Office Name: Pacific Properties
  • Office Phone: (541) 290-9597
  • Listing Agent: Joel Sweet, Karen Joy Ellingson

Exterior Features

Exterior Information:

  • View: Territorial, Trees/Woods

Parking Information:

  • Attached Garage: No
  • Parking: R.V. Parking

Lot Features

Lot Information:

  • Lot: Level, Trees
  • Lot Size: 1.13 Acres

Utilities

Utilities Information:

  • Heating: Zoned

Other

Directions Information:

  • Directions: Bandon to HWY 42S just east of intersection with Hwy 101

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000

Tax Information:

  • Annual Amount: $3,801
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bandon, OR.

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Bandon, OR

City

Med. Sold Price

$550K

Med. Price/SqFt

$321

Avg. Days On Market

91

# of Sold Homes

6

1175 2nd St SE vs Bandon

3 DAYS ON ROCKET

-88 Days

$1,800,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price in Bandon, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24393653

Listing Office:

  • Office Name: Pacific Properties
  • Office Phone: (541) 290-9597
  • Listing Agent: Joel Sweet, Karen Joy Ellingson

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 19, 2021Home Sold
$1,050,000
Jul 21, 2017Home Sold
$337,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,801$363,350
2019$3,801$342,500
2018$3,789$332,530
2017$3,481$322,850

History based on county public records data.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-779883
6
/10

  • Ocean Crest Elementary School

  • 1040 Allegany

  • 1.11 miles

  • Public District Grades KG-4

school-card-donut-779884
5
/10

  • Coquille Valley Elementary

  • 1115 N Baxter St

  • 11.42 miles

  • Public District Grades 1-6

school-card-donut-779885
5
/10

  • Myrtle Crest School

  • 903 Myrtle Crest Ln

  • 13.96 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,042. The majority of Bandon, OR residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1175 2nd St SE

What is the listing price of this property?

The listing price of 1175 2nd St SE property is $1,800,000.

What type of property is this?

The property 1175 2nd St SE is a house located in Bandon, Oregon, 97411.

Is this property for sale now?

Active Listing: 1175 2nd St SE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,801 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 19, 2021 for $1,050,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 1175 2nd St SE is 1949.

Rocket Homes›Oregon›Coos County›Bandon›97411›1175 2nd St SE

This home is located at 1175 2nd St SE in Bandon, OR and zip code 97411 in the Bandon Heights neighborhood. This home, which was built in 1949, sits on a 1.13 acre lot. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $1,800,000.

Bandon, OR housing market in November 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 6 sold below. Between October 2024 and November 2024, Bandon, OR real estate market has seen decrease in the number of listings by 4.4%. Listings spent 91 days on the market in November 2024, and had a median list price of $550,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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