A unique chance to own a fully furnished lakefront home just three blocks from the beach with a transferable short-term rental license — a highly sought-after combination & almost never heard of opportunity on the North Oregon Coast. ]"The Captain's House," a distinctive property offering both lifestyle and investment potential. Unique architectural details — including historic railing reclaimed from Portland's iconic hotel era — add character and charm. The passive solar design enhances energy efficiency and fills the home with natural light year-round. Enjoy plenty of storage for your beach toys, clothes & games. Enjoy peaceful lakefront views while being just a minute from public beach access and seven miles of sandy shoreline. Currently operating as a successful short-term rental, the transferable STR license provides immediate income opportunity for buyers seeking a turnkey Rockaway Beach vacation rental. Ideal as a second home, full-time residence, or established Oregon Coast investment property. Lakefront setting. Walkable beach access. Transferable STR permit. Opportunities like this in Rockaway Beach are rare. Call to schedule your showing today!!