$669,000
$96K PRICE DROP

Estimated payment $4,176/month

Total Views 38,904
2 Beds
4 Baths
2,792 Sq Ft
$240 Price per Sq Ft

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Wood Flooring
  • Deck
  • Traditional Architecture
  • 1-minute walk to Coast Park

About This Home

Zoned C-2 General Commercial - Endless Possibilities in Prime Nye Beach Location
This versatile property, zoned C-2 General Commercial, offers a wealth of opportunities for live/work or investment use. Thoughtfully updated and remodeled over the years to accommodate a variety of purposes, the building features multiple levels—each with its own private entrance.
Top Floor - Ocean View Apartment:
Enjoy stunning views of Yaquina Head Lighthouse and the Pacific Ocean from the upper-level 2-bedroom, 1-bath apartment. With hardwood floors and a private deck, it's ideal for relaxing after work or embracing a full live/work lifestyle.
Main Level - Functional Commercial Space:
Currently configured as an educational space, the main floor includes office areas and a kitchen, making it perfect making it perfect for a wide range of commercial uses-from professional offices to creative studios or retail.
Lowest Level is occupied by an active Montessori school.
Additional Features:
Off-street parking via private driveway
New roof installed in 2021
Located adjacent to the Performing Arts Center and a city park
Just blocks to Nye Beach's charming shops, restaurants, and several beach access points

Whether you're seeking a multi-use investment, business headquarters, or the perfect work-from-home setup with ocean views, this unique property offers exceptional flexibility in a highly desirable location.

Listing Agent

Wendy Birchfield

Windermere West Coast Properties License #201215592 Listed on: 07/09/2024

Windermere West Coast Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,156

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Irregular Lot
  • Property is zoned C-2 General Commercial

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Combination Foundation
  • Slab Foundation
  • Composition Roof
  • Shingle Siding
  • Cedar Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,792 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Living Room
  • Dining Room
  • Ocean Views
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Heat Pump System
  • Electricity To Lot Line
  • Water Heater

Community Details

  • No Home Owners Association
  • Cartwright Block Subdivision

Listing and Financial Details

  • Tax Lot 19800
  • Assessor Parcel Number 111108BB-19800-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,156

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3484.8
  • Road Surface Type: Paved
  • Subdivision Name: Cartwright Block
  • Directions: In Newport head West on Olive St. Turn South on SW Coast St. Next to the PAC and city park.
  • Architectural Style: Traditional
  • Garage Yn: No
  • Year Built: 1900
  • 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:_pound_ of Acres: 0.08
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 19800
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 4.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Daylight
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:RangeOven: Electric
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Foundation:Slab: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • DeckPatio:Covered Patio: Yes
  • DeckPatio:Deck and Patio: Yes
  • Lot Type:Irregular: Yes
  • Flooring:Tile2: Yes
  • Foundation:Combination: Yes
  • Siding:Shingle2: Yes
  • Alternate Heat:Wood Stove: Certified
  • Foundation:BrickMortar: Yes
  • General Property Description Senior Community YN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Flooring: Other, Vinyl, Carpet, Wood, Tile
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Brick/Mortar, Combination, Concrete Perimeter, Slab
  • Other Structures: None
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0

Utilities

  • Water Source: Public
  • HeatingCooling:Electric Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111108BB-19800-00
  • Zoning: C-2 General Commercial

Tax Info

  • Tax Annual Amount: 6156.13
  • Tax Year: 2023

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 $6,305 $349,390 -- --
2023 $6,156 $339,220 $0 $0
2022 $5,966 $329,340 $0 $0
2021 $5,863 $319,750 $0 $0
2020 $5,724 $310,440 $0 $0
2019 $5,479 $301,400 $0 $0
2018 $5,310 $292,630 $0 $0
2017 $5,263 $284,110 $0 $0
2016 $5,152 $275,840 $0 $0
2015 $4,776 $267,810 $0 $0
2014 $4,669 $260,010 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Price Changed $669,000 -4.4% $240 / Sq Ft
05/06/2025 05/06/25 Price Changed $699,900 -2.1% $251 / Sq Ft
04/16/2025 04/16/25 Price Changed $715,000 -3.4% $256 / Sq Ft
02/27/2025 02/27/25 Price Changed $740,000 -3.3% $265 / Sq Ft
07/09/2024 07/09/24 For Sale $765,000 -- $274 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $750,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $562,500 New Conventional
Previous Owner $130,000 Commercial
Source: Public Records

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

MLS Number: 24-1527

APN: R182609