The Aracely House is a rare income-producing historic property in the heart of downtown Grants Pass, currently generating approximately $4,000-$6,500 per month through Airbnb rentals and private events. Originally built in 1908, this landmark home has been thoughtfully modernized while preserving its architectural character and charm.
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What makes this opportunity exceptional is its fully approved restaurant conversion status. The Grants Pass Planning Department and Historic Committee have already approved redevelopment plans, and architectural drawings are included with the sale -- saving significant time and expense for the next owner.
The property offers multiple investment paths including short-term rental, boutique inn, restaurant, event venue, or private residence. Distinctive features such as a library, music room, butler's pantry, expansive front porch, and private backyard create a unique guest experience and strong long-term value in one of downtown's most desirable locations
Listing courtesy of eXp Realty, LLC, agent Rockwell Group
Data last updated July 16, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $503,000 · $126,000 down · 30 year term
ListPrice: 730000.00 → 695000.00
ListPrice: 750000.00 → 730000.00
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
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