$3,300,000

1005 SE Bay Blvd Newport, OR 97365

Bayfront Neighborhood

Estimated payment $18,613/month

Total Views 8,063
1.72 Acres
$1,918,605 Price per Acre
74,923 Sq Ft Lot

Highlights

  • Ocean View
  • 1.72 Acre Lot
  • High Speed Internet
  • Property Fronts a Bay or Harbor
  • No HOA
  • Gentle Sloping 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!

Listing Agent

Mark Shadrin

Berkshire Hathaway HomeServices Real Estate Professionals License #201215479 Listed on: 01/03/2025

Berkshire Hathaway HomeServices Real Estate Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,232

Lot Details

  • 1.72 Acre Lot
  • Property Fronts a Bay or Harbor
  • 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

Property Details

Property Type

Land

Est. Annual Taxes

$4,232

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Land
  • Property Sub Type: SingleFamilyResidence
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Lot Size Range: Acres1to3

Exterior Features

  • Lot Size: 1 to 2.99 Acres
  • Waterfront: Yes
  • View: Yes
  • Road Frontage: Yes
  • Lot Features: OceanBeachOneQuarterMileOrLess
  • Road Surface Type: Paved
  • Waterfront Features: BayFront
  • View: Bay,Ocean

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, PublicSewer, WaterAvailable
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: No

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Yaquina View
  • High School: Newport
  • Middle Or Junior School: Waldport

Lot Info

  • Zoning: R2
  • Present Use: RawLand
  • Land Description: GentleSloping
  • Land Lease: No
  • Lot Size Acres: 1.72
  • Lot Size: Irregular
  • Lot Size Sq Ft: 74923.0
  • Parcel #: R132556

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4231.93

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
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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
01/02/2025 01/02/25 For Sale $3,300,000 +2100.0% --
10/16/2024 10/16/24 For Sale $150,000 -50.0% --
10/16/2024 10/16/24 For Sale $300,000 -80.0% --
09/19/2024 09/19/24 For Sale $1,500,000 -- --
Source: Regional Multiple Listing Service (RMLS)

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: Regional Multiple Listing Service (RMLS)

MLS Number: 24575122

Regional Multiple Listing Service (RMLS)

APN: R132556

Oregon Lincoln County Newport 97365 Bayfront

1005 SE Bay Blvd, Newport, OR

This home is located at 1005 SE Bay Blvd, Newport, OR 97365 and is currently priced at $3,300,000. 1005 SE Bay Blvd 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Mark Shadrin
Listing Agent
Mark Shadrin
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Berkshire Hathaway HomeServices Real Estate Professionals
(458) 451-5667