6 months on rocket

486 N Ocean Ave, Gearhart, OR, 97138

$4,300,000

4 Bedrooms
4 Full Baths
5,606 SqFt
$767/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingStreet Parking, Secured
Year Built1924
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontOcean Front
FireplaceWood Burning
ViewOcean
MLS #24627698
Lot Size0.29 Acres
StatusActive

About 486 N Ocean Ave

Experience coastal luxury in this modern oceanfront renovated home in desirable Gearhart. Every detail has been meticulously curated to blend modern features with chic Scandinavian design, creating an atmosphere of serene elegance. The living room, adorned with a stone facade, wood burning fireplace and Old English hearth bench is the center of the home, creating a perfect focal point that radiates warmth and a sense of hygge. This grand living space features a connected dining room, office corner and a sunroom area to lounge, the ambiance of relaxation and sophistication. The open-concept living space is drenched in natural light, pouring in through oversized sliding windows to let the fresh ocean breeze in while enjoying the sounds of the ocean. The interior features wainscoting, plush custom high-end furnishings, showcasing a blend of soft, neutral tones paired with subtle pastel accents. The adjoining kitchen is a chef's dream, featuring state-of-the-art appliances seamlessly integrated within custom cabinetry painted in a soft, coastal gray. Bespoke stone countertops extend to a spacious island which doubles as a casual dining area. The outdoor space is a true retreat with a wraparound deck, protected outdoor dining room, fire pit, a sauna, cold plunge, and a hot tub - all designed to maximize relaxation and enjoyment of the breathtaking coastal views. Step into the oceanfront primary suite, occupying its own floor, complete with an expansive en suite bathroom featuring a free standing soaking tub, elegant floating double vanities and marble shower. This level offers its own office and a separate sitting room to retire. The lower level is a health enthusiast's dream, featuring a full gym and 2nd sauna. This home, renovated in 2021, is not just a living space; it's an experience - a harmonious coastal Scandinavian haven that invites you to unwind, delight in luxurious comfort, and savor the serene beauty of coastal charm.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Craftsman
  • Year Built: 1924
  • Stories: 3
  • Living Area: 5,606 SqFt

Listing Office:

  • Office Name: Where, Inc
  • Office Phone: (503) 222-4373
  • Listing Agent: Kristina Opsahl

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal
  • Basement: Yes
  • Flooring Type: Hardwood, Tile, Wood
  • Interior: Furnished, High Ceilings, Soaking Tub, Wainscoting, Washer/Dryer
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front
  • View: Ocean
  • Exterior: Built-in Hot Tub, Deck, Fence, Fire Pit, Free-Standing Hot Tub, Gas Hookup, Patio, Porch, Sauna, Tool Shed, Yard

Parking Information:

  • Attached Garage: No
  • Parking: Street Parking, Secured

Lot Features

Lot Information:

  • Lot: Private, Level
  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Marion > 5th > Ocean

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,300,000
  • Price Per SqFt: $767/SqFt

Tax Information:

  • Annual Amount: $11,412
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$710K

Med. Price/SqFt

$393

Avg. Days On Market

124

# of Sold Homes

3

486 N Ocean Ave vs Gearhart

193 DAYS ON ROCKET

+69 Days

$4,300,000

+$3.5M More

$767/SqFt

+$373 More

KEY TAKEAWAY

This property is $3.5M more than the Median Sold Price and $373/SqFt more than other homes in Gearhart, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24627698

Listing Office:

  • Office Name: Where, Inc
  • Office Phone: (503) 222-4373
  • Listing Agent: Kristina Opsahl

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: 12/22/2024, 9:20:59 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

Oct 13, 2020Home Sold
$1,454,282
May 15, 2014Home Sold
$950,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,412$954,887
2018$10,716$900,074

History based on county public records data.

Payment Calculator

$21.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.9K

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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-1085558
6
/10
  • Seaside Heights Elementary School

  • 2000 Spruce Dr

  • 2.89 miles

  • Public District Grades KG-5

school-card-donut-1085559
6
/10
  • Lewis & Clark Elementary School

  • 92179 Lewis and Clark Rd

  • 9.23 miles

  • Public District Grades 3-5

school-card-donut-1085560
9
/10
  • Nehalem Elementary School

  • 36300 8th St

  • 21.21 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,280. Residents of Gearhart, OR typically earn between $35k-100k each year. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 486 N Ocean Ave

What is the listing price of this property?

The listing price of 486 N Ocean Ave property is $4,300,000.

What type of property is this?

The property 486 N Ocean Ave is a house located in Gearhart, Oregon, 97138.

Is this property for sale now?

Active Listing: 486 N Ocean Ave 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 $11,412 (source: MLS/based on county public records data).

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

The last sale was on October 13, 2020 for $1,454,282. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 486 N Ocean Ave has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 486 N Ocean Ave is 5,606 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 486 N Ocean Ave is 1924.
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Rocket Homes›Oregon›Clatsop County›Gearhart›97138›486 N Ocean Ave

This home is located at 486 N Ocean Ave in Gearhart, OR and zip code 97138. This 5,606 square foot home, which was built in 1924, sits on a 0.29 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $4,300,000.

In November 2024 more than 0 listings in Gearhart, OR were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below. Between October 2024 and November 2024, Gearhart, OR real estate market has seen decrease in the number of listings by 19%. The median list price of listings available in November 2024 was $710,000, while the average time on the real estate market was 124 days.

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

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