1005 SE Bay Blvd Newport, OR 97365
Bayfront NeighborhoodEstimated payment $8,265/month
Highlights
- Ocean View
- 1.72 Acre Lot
- High Speed Internet
- Waterfront
- No HOA
- Gentle Sloping Lot
About This Lot
Calling all builders and developers! This prime 1.72-acre property, zoned R2, is plat approved for 11 duplex lots, allowing for a total of 22 townhomes. Located across from the Embarcadero Resort and Marina, it features breathtaking Bay Bridge & Ocean Views. With water, sewer, and power at the street; this premium development opportunity is ready for your summer build. Enjoy popular attractions like Oregon Coast Aquarium, Hatfield Marine Science Center, lighthouses, golf courses, and the central Oregon coast in this Newport's Bayfront District. Prime location justifies a condo or timeshare development too. Invest now!
Listing Agent
Berkshire Hathaway HomeServices Real Estate Professionals License #201215479 Listed on: 01/11/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,132
Lot Details
- 1.72 Acre Lot
- Waterfront
- Gentle Sloping Lot
- Property is zoned R2
Property Views
- Ocean
- Bay
Schools
- Yaquina View Elementary School
- Waldport Middle School
- Newport High School
Utilities
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Walker Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number R132556
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/19/2025 09/19/25 | For Sale | $1,500,000 | +400.0% | -- |
| 09/19/2025 09/19/25 | For Sale | $300,000 | -90.9% | -- |
| 09/19/2025 09/19/25 | For Sale | $3,300,000 | +2100.0% | -- |
| 09/19/2025 09/19/25 | For Sale | $150,000 | -95.5% | -- |
| 09/16/2025 09/16/25 | Off Market | $3,300,000 | -- | -- |
| 09/16/2025 09/16/25 | Off Market | $150,000 | -- | -- |
| 09/16/2025 09/16/25 | Off Market | $300,000 | -- | -- |
| 09/15/2025 09/15/25 | Off Market | $1,500,000 | -- | -- |
| 01/03/2025 01/03/25 | For Sale | $3,300,000 | +2100.0% | -- |
| 09/21/2024 09/21/24 | For Sale | $150,000 | -50.0% | -- |
| 09/21/2024 09/21/24 | For Sale | $300,000 | -80.0% | -- |
| 09/19/2024 09/19/24 | For Sale | $1,500,000 | -- | -- |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | No Value Available | |
| Closed | $461,444 | New Conventional |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24466512
APN: R132556
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