Property listing for 535 Kesterson Ct, Rockaway Beach, OR 97136
ActiveSingle Family Home

$850,000

535 Kesterson Ct, Rockaway Beach, OR 97136

Ocean-View Rockaway Beach Home — 4,223 SF, Elevator & Twin Rocks Views

3 Bed · 3 Bath · 4,223 Sq Ft

Spacious coastal living with elevator, polished concrete lower level, and sweeping ocean views.

3

Beds

3

Baths

4,223

Sq Ft

2006

Built

0.21 acres

Lot

No enclosed garage recorded; driveway parking

Garage

About 535 Kesterson Ct

Perched on the hillside above Rockaway Beach with commanding views toward Twin Rocks, 535 Kesterson Ct is a rare, generous coastal residence offering roughly 4,223 square feet of thoughtfully arranged space. The main living level is oriented to maximize ocean sightlines; large windows and an open footprint give the rooms a breezy, expansive feel while the built-in elevator provides practical accessibility between levels. The lower level showcases polished concrete flooring — durable and low maintenance — and opens to flexible use as media space, workshop, or a second living suite. Mechanical systems include both a heat pump and furnace, providing efficient year-round comfort.

This home was constructed in 2006 and was built with size and function in mind: three full bathrooms, a large living area appropriate for entertaining, and bedrooms that capture the coastal breezes. The property is sited on a tidy 9,147 SF lot in a quiet cul-de-sac, offering privacy while keeping downtown Rockaway Beach, the wide sandy shoreline, and local amenities only a short drive away. Extensive glazing frames views of the ocean and Twin Rocks — a distinctive coastal feature visible from the main living spaces.

The seller notes the home requires finishing touches to secure a final occupancy permit; this creates an opportunity for a buyer to complete desired finishes and secure turnkey occupancy on terms that reflect the remaining scope of work. Photographs show the breadth of living space and the condition of primary rooms; mechanicals are in place and the property includes features that increase marketability — notably the elevator and the generous lower level footprint with polished concrete.

535 Kesterson Ct is ideal for buyers seeking significant square footage and dramatic ocean views without the premium required for fully finished, turnkey coastal estates. Whether you’re planning to make this a primary residence with room for visiting family, or positioning it as a high-earning short-term rental (subject to local rules), this home delivers scale, accessibility, and one of Rockaway Beach’s best vantage points for coastal sunsets. Adjoining lot is reportedly available — inquire for APN and details.

Home Highlights

Expansive Twin Rocks ocean views from principal living areasLarge 4,223 SF interior providing flexible living/guest usesBuilt-in elevator enhances accessibility and marketabilityLower level finished with polished concrete — durable and versatilePriced to reflect finishing/permit opportunity; adjoining lot available

Property Features

Interior Features

  • Approx. 4,223 SF of living space
  • 3 bedrooms, 3 bathrooms
  • Built-in elevator for accessibility
  • Lower level with polished concrete floors
  • Heat pump and furnace (dual heating/cooling capability)
  • Open main living area oriented to ocean views

Exterior & Lot

  • Lot size: 9,147 SF (≈0.21 acres)
  • Hillside siting provides elevated ocean views toward Twin Rocks
  • Driveway and on-site parking (no enclosed garage recorded)
  • Quiet cul-de-sac location on Kesterson Ct
  • Adjoining lot available — inquire for details

Location & Neighborhood

  • Short drive to Rockaway Beach downtown and wide sandy beach
  • Close to local shops, casual restaurants and fishing/crabbing access
  • Approximately 12–14 miles north of regional services in Tillamook
  • Community primarily residential with a mix of year-round and seasonal homes

Walkability & Recreation

  • Walkability Rating: 45/100
  • Easy access to beach trails and shoreline (1–1.5 miles to central beach access)
  • Nearby outdoor recreation: surf, beachcombing, coastal trails, fishing and crabbing

Neighborhood & Location

The Hillside/Twin Rocks area of Rockaway Beach is a quiet residential pocket perched above the town’s main shoreline. Homes here tend to take advantage of elevation to capture ocean vistas, with a mix of year-round residents, retirees, and vacation homeowners. Downtown Rockaway Beach — with its local restaurants, bait-and-tackle shops, and easy beach access — is a short drive, while larger retail and healthcare services are found in Tillamook to the south. The neighborhood is known for relaxed coastal living, easy access to outdoor pursuits, and strong seasonal tourism.

Market Insights

Rockaway Beach is a small seasonal coastal market where ocean-view properties and turnkey vacation homes command a meaningful premium. Median single-family prices in the area trend well below the Portland metro, generally in the low-mid $400ks for standard homes, but ocean-view houses and larger footprints push prices into the $700k–$1M band depending on condition and permits. Inventory is seasonal — more listings appear in late spring and summer — and buyers should expect slightly longer decision times in the off-season. This property sits at the intersection of two buyer segments: owner-occupants seeking daily coastal living with views, and investors chasing short-term rental income during the high season. The key near-term variable is the final occupancy work; pricing concessions or escrowed completion funds are typical negotiation strategies to address that risk. Overall, this listing represents a compelling value proposition for buyers able to manage finishing items and who want a large ocean-view asset in Rockaway Beach.

Nearby Schools

Rockaway Beach School

Elementary · 0.5 mi

5/10

Tillamook Middle School

Middle · 12-14 mi

6/10

Tillamook High School

High · 12-14 mi

5/10

Walkability & Recreation

45
Walkability
85
Recreation

Excellent coastal recreation access — immediate proximity to sandy beaches, surf breaks, rock-pooling and fishing; many trails and state recreation areas within short drive.

Investment Highlights

  • Expansive ocean views toward Twin Rocks — premium amenity for resale or vacation rental.
  • Large living area: approximately 4,223 SF offering flexible use of space.
  • Accessibility-ready with a built-in elevator — broader market appeal.
  • Lower level finished with polished concrete — durable, low-maintenance flooring.
  • Priced to reflect required finishing/occupancy work (potential below-turnkey value).

Key Findings

  • List price: $850,000 (given).
  • Living area: 4,223 SF; Bedrooms: 3; Bathrooms: 3; Lot: 9,147 SF (≈0.21 acres).
  • Built in 2006; coastal construction likely wood-frame with standard roofing.
  • Property marketed as needing finishing touches for final occupancy permit.
  • No recorded garage; parking likely via driveway and street.

Things to Consider

  • Outstanding work required to obtain final occupancy permit — buyer should confirm scope and cost.
  • Potential coastal maintenance and exposure (salt air) that can increase ongoing expenses.
  • Unclear utilities/assessments and property tax details — verify prior to offer.

Opportunity Analysis

Acquire a large ocean-view home at a price that reflects finishing/permit risk, complete required work to achieve final occupancy, and either occupy, resell as turnkey, or operate as a permitted vacation rental to capture coastal premium.

Potential Use Scenarios

  • Contract with inspection and permit contingency; obtain contractor estimates for the final occupancy scope before strong offer.
  • Negotiate price credits or an escrow holdback tied to permit completion if buyer prefers reduced immediate outlay.
  • If pursuing rental income, verify local short-term rental regulations with the city of Rockaway Beach.

Risk Factors

  • Permitting timeline and cost risk could delay occupancy or increase cost basis.
  • Seasonal demand leads to variable cash flow for rentals; winter months weaker.
  • Potential for unforeseen coastal-condition repairs (roofing, siding, mechanicals).

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$770K

Midpoint

$845K

High

$920K

$201/SF estimated price per square foot

66% confidence

Estimate anchored to the provided list price ($850,000). Range reflects coastal market premium for ocean views and size (4,223 SF) vs. recent typical sales in Rockaway Beach — adjusted for need for final occupancy permit and lack of garage.

As of 2026-03-12

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$430,000
Avg Days on Market60 days
Inventory4 months
1-Year Appreciation+200.0%

Demographics

Population (1 mi)2,000
Median Income (1 mi)$48,000

Small coastal community with slow population growth; seasonal tourism drives local economy; mix of retirees, seasonal homeowners, and service industry workers.

Nearby Points of Interest

  • Twin Rocks viewpoint (0.5 mi)
  • Rockaway Beach downtown & shoreline (1.0 mi)
  • Tillamook Cheese Factory (approx. 12-14 mi)

Short walk/drive to wide sandy beaches, local shops and restaurants in Rockaway Beach; coastal attractions including Twin Rocks, beach access points, fishing and crabbing piers; regional amenities in Tillamook to the south.

School District

DistrictTillamook School District (Tillamook County)
ElementaryRockaway Beach School (K-6 or K-8) — estimated rating 5/10
MiddleTillamook Middle School — estimated rating 6/10 (approx. 12-14 miles)
HighTillamook High School — estimated rating 5/10 (approx. 12-14 miles)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2006
Constructionwood_frame_with_coastal_finish
Stories2
Roofasphalt_shingle_or_similar
Heatingheat_pump_and_furnace (per listing description)
Coolingheat_pump (likely provides cooling)
Basementpartial finished lower level
FireplaceNo
Conditiongood_to_average

Lot & Site

Lot Size0.21 acres (9,147 SF)
Topographysloping
Parkingdriveway_and_street
Parking Spaces4
FrontageResidential cul-de-sac frontage (Kesterson Ct) with sloping hillside siting allowing ocean sightlines

Utilities

Watermunicipal_or_local_well_possible (unknown)
Sewerpublic_sewer_or_septic_unknown
Electricgrid
Gasnatural_gas_or_propane_unknown

Zoning & Land Use

Zoning Coderesidential (likely R-1 / single-family residential or county equivalent)
DescriptionLow-density residential single-family; coastal residential zoning allowing single-family homes; accessory structures subject to local setbacks and shoreland rules
JurisdictionTillamook County / City of Rockaway Beach

Allowed Uses

Single family residenceAccessory structures (subject to permits)Home occupation (limited)
Current Useresidential

Tax & Sale History

Tax Assessment

Are You the Listing Agent?

Claim this property page to feature your contact info, photos, and list price.

Claim This Listing — $49

One-time fee. Your info appears on this page across CompCasa.

Request a Showing

Connect with a licensed local agent in this area.

Request a Showing

Are you a buyer's agent?

Claim ZIP 97136 — $49/yr

Property details may be compiled from public records, MLS-derived data, and automated analysis. Agent claim indicates the agent has claimed this profile or confirmed representation of the property; it does not mean the agent has verified all property details.

Request a Showing