$325,000
UNDER CONTRACT

Estimated payment $1,985/month

Total Views 10,959
3 Beds
1 Bath
995 Sq Ft
$327 Price per Sq Ft

Highlights

  • Ocean View
  • Vaulted Ceiling
  • No HOA
  • RV Access or Parking
  • Wood Flooring
  • 2-minute walk to Literacy Park

About This Home

Investor alert in prime Nye Beach location! Zoned R4, this 0.14-acre lot offers development potential—build a motel, lodge, clinic, office, or multi-unit housing. The current 3 bed, 1 bath home uses half the lot—develop the other half or expand upward to capture the ocean views. Enclose the unfinished basement for added living space or rebuild the detached garage for storage or ADU potential. Updated electric panel (approx. 3 years ago). Just blocks from shops, restaurants, and the beach. Ocean views from main level—stunning views possible from upper floors. Endless options in a high-demand coastal zone. This is a rare find with major upside in Newport's sought-after Nye Beach District! Buyer to confirm permitted uses, building or remodeling guidelines and restrictions, with the county.

Listing Agent

Samantha McClain

Realty One Group At The Beach, Newport License #201235872 Listed on: 05/27/2025

Realty One Group At The Beach, Newport

Co-Listing Agent

Gina Bebek

Realty One Group At The Beach, Newport License #971000169

Realty One Group At The Beach, Newport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,230

Year Built

  • Built in 1915

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50' x 125'
  • Property is zoned R-4 Residential

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 995 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Window Treatments
  • Living Room
  • Ocean Views
  • Natural lighting in basement
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Parking

  • 1 Car Detached Garage
  • RV Access or Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Natural Gas Not Available
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 24900
  • Assessor Parcel Number 111108BB-24900-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,230

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.14
  • Lot Size: 50' x 125'
  • Lot Size Sq Ft: 6098.4
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: From HWY 101 heading North turn west onto 2nd street, turn right onto NW Brook st and property is on the left.
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 1915
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 6098.4
  • General Property Description:_pound_ of Acres: 0.14
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 24900
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Cottage
  • General Property Description:Basement: Yes
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • General Property Description:Lot Dimensions: 50' x 125'
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Alternate Heat:None7: Yes
  • Gas:None6: Yes
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • DeckPatio:Covered Porch: Yes
  • Siding:Wood: Yes
  • Water:Public: Yes
  • Foundation:PillarPostPier: Yes
  • Ceiling:Beam: Yes
  • General Property Description Senior Community YN: No
  • Special Features: 4224

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Vinyl, Carpet, Wood
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: None
  • Roof: Composition
  • Water On Property: Yes
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Detached
  • General Property Description:Garage Stall: 1
  • Miscellaneous:RV Parking: Yes

Utilities

  • Water Source: Public, On Property
  • HeatingCooling:Electric Baseboard: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111108BB-24900-00
  • Zoning: R-4 Residential

Tax Info

  • Tax Annual Amount: 2229.53
  • Tax Year: 2024

Map

Range of Values:

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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 $2,230 $123,560 -- --
2023 $2,177 $119,970 $0 $0
2022 $2,110 $116,480 $0 $0
2021 $2,074 $113,090 $0 $0
2020 $2,025 $109,800 $0 $0
2019 $1,938 $106,610 $0 $0
2018 $1,878 $103,510 $0 $0
2017 $1,862 $100,500 $0 $0
2016 $1,822 $97,580 $0 $0
2015 $1,690 $94,740 $0 $0
2014 $1,652 $91,990 $0 $0
2013 -- $89,320 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $325,000 -- $327 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $120,000 Fidelity Natl Ttl Co Of Or
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 25-1197

APN: R281863