11294 & 11322 E Steelhead PlaceTidewater, OR 97390

Rare Dual-Home Opportunity on the Alsea River! Discover the essence of Oregon coastal living with this unique property featuring two homes on the scenic Alsea River—perfect for multi-generational living, rental income, or a private retreat. Set in a peaceful, natural setting, this property offers tranquil riverfront living with space to slow down and truly enjoy your surroundings. There's also ample room to garden, making it ideal for those who appreciate growing their own food or creating a lush outdoor oasis. The main home offers three levels of comfortable, versatile living space. The lower level includes a spacious bonus room, shop area, and additional flex space—ideal for hobbies, storage, or guests. Step outside to a private deck with a hot tub, perfectly positioned to unwind while taking in peaceful river views. On the main floor, you'll find a well-appointed kitchen with stainless steel appliances, an inviting living room, bedroom and full bath, laundry area, dining space, and a deck designed for enjoying wildlife and the tranquil river setting. The upper level is dedicated to the primary suite, creating a private escape with elevated views. The second home (single-wide) has been successfully used as a rental, providing excellent income potential. It features two bedrooms, one bathroom, and a bonus room adaptable for a variety of uses. Both homes are connected to the Troller Cove water district and share river frontage with direct access, making it easy to enjoy swimming, kayaking, or floating during warm summer days. The Alsea River is renowned for its steelhead fishing and abundant natural beauty. Wildlife sightings are common, with elk, eagles, and more right outside your door. Located just 12 miles from the charming coastal town of Waldport, you'll have quick access to beautiful beaches, the scenic Alsea Bay, and some of the area's best crabbing and coastal recreation. Whether you're looking for an investment, a getaway, or a full-time residence immersed in nature, this property offers a truly special opportunity.