$3,300,000

1005 SE Bay Bl Newport, OR 97365

Bayfront Neighborhood

Estimated payment $18,622/month

Total Views 8,496
1.72 Acres
$1,918,605 Price per Acre
74,923 Sq Ft Lot

Highlights

  • Waterfront
  • Territorial View
  • High Speed Internet
  • 1.72 Acre Lot

About This Lot

Calling all builders and developers! This prime 1.72-acre property, zoned R2, entitled and developed into 11 duplex lots or 22 townhomes, delivered shovel ready at closing. Located across from the Embarcadero Resort and Marina, it features breathtaking Bay Bridge & Ocean Views. Utilities will be stubbed to each lot at closing. This premium development opportunity will be ready for your summer build. Invest now! See 824117

Listing Agent

Mark Shadrin

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #201215479 Listed on: 01/03/2025

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,132

Lot Details

  • 1.72 Acre Lot
  • Waterfront
  • Irregular Lot
  • Property is zoned R2

Property Views

  • Territorial Views

Schools

  • Waldport Middle School

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Walker Heights Subdivision

Listing and Financial Details

  • Tax Lot *

Property Details

Property Type

Land

Est. Annual Taxes

$4,132

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Land (1+ Acre)
  • Syndicated Remarks: Calling all builders and developers! This prime 1.72-acre property, zoned R2, entitled and developed into 11 duplex lots or 22 townhomes, delivered shovel ready at closing. Located across from the Embarcadero Resort and Marina, it features breathtaking Bay Bridge & Ocean Views. Utilities will be stubbed to each lot at closing. This premium development opportunity will be ready for your summer build. Invest now! See 824117
  • Cross Street: SE Harbor Crescent
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 1918604.65
  • Price Per Sq Ft: 44.05

Exterior Features

  • View: Territorial, Water Frontage
  • Access: Paved

Utilities

  • Water: City, Possible
  • Cable TV: Available
  • Electricity: Available
  • High Speed Communications: Available
  • Natural Gas: Available
  • Sewer Available: Yes
  • Telephone: Available

Schools

  • Middle School: Waldport

Lot Info

  • Acres: 1.72
  • Estimated Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 74923
  • Lot: *
  • Lot Type: Irregular
  • Price Per Acre: 1918604.65
  • Zoning: R2
  • Approved for Manufactured Home: Unknown
  • Surveyed: Yes
  • Geo Subdivision: OR
  • Map Parcel Number: 132556

Tax Info

  • Tax Years: 2023
  • Tax Account Number: R132556
  • Tax Amount: 4132

MLS Schools

  • Middle School: Waldport

Map

Range of Values:

Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,232 $234,530 $234,530 --
2023 $4,132 $227,700 $0 $0
2022 $4,005 $221,070 $0 $0
2021 $3,851 $210,010 $0 $0
2020 $3,958 $214,640 $0 $0
2019 $3,788 $208,390 $0 $0
2018 $3,761 $207,250 $0 $0
2017 $3,725 $201,100 $0 $0
2016 $3,756 $201,100 $0 $0
2015 $3,586 $201,100 $0 $0
2014 $3,611 $201,100 $0 $0
2013 -- $201,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 For Sale $3,300,000 0.0% --
01/03/2025 01/03/25 For Sale $3,300,000 +2100.0% --
09/27/2024 09/27/24 For Sale $150,000 -50.0% --
09/27/2024 09/27/24 For Sale $300,000 -80.0% --
09/18/2024 09/18/24 For Sale $1,500,000 0.0% --
09/17/2024 09/17/24 Off Market $1,500,000 -- --
07/12/2024 07/12/24 For Sale $1,500,000 0.0% --
07/03/2024 07/03/24 Off Market $1,500,000 -- --
01/11/2024 01/11/24 For Sale $1,500,000 -- --
Source: Willamette Valley MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $700,000 First American Title
Bargain Sale Deed $200,000 None Available
Sheriffs Deed $224,765 None Available
Warranty Deed $420,000 None Available
Trustee Deed $465,938 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $461,444 New Conventional
Previous Owner $175,000 Balloon
Previous Owner $30,000 Unknown
Previous Owner $50,000 Unknown
Previous Owner $51,000 Stand Alone Second
Closed $400,000 No Value Available
Source: Public Records

Source: Willamette Valley MLS

MLS Number: 824119

Willamette Valley MLS

APN: R132556

Oregon Lincoln County Newport 97365 Bayfront

1005 SE Bay Bl, Newport, OR

This home is located at 1005 SE Bay Bl, Newport, OR 97365 and is currently priced at $3,300,000. 1005 SE Bay Bl is a home located in Lincoln County with nearby schools including Yaquina View Elementary School, Sam Case Elementary School, and Newport High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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Mark Shadrin
Listing Agent
Mark Shadrin
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BERKSHIRE HATHAWAY HOMESERVICES R E PROF
(458) 209-2527