$285,000

197 SE 123rd St South Beach, OR 97366

South Beach Neighborhood

Estimated payment $1,766/month

Total Views 4,853
3.63 Acres
$78,512 Price per Acre
158,123 Sq Ft Lot

Highlights

  • Popular Property
  • Forest View
  • Level Lot
  • 3.63 Acre Lot
  • No HOA

About This Lot

Rare Coastal Acreage with Shops, Creek, and Untapped Potential. Nestled just south of Newport and its vibrant amenities, this 3.63-acre forested property offers a private and inspiring setting beyond the coastal fog line. Towering evergreens, wild rhododendrons, and fruiting apple and kiwi trees create a lush natural backdrop, while a year-round creek adds a tranquil touch to this secluded retreat. Two versatile shops provide ample space for hobbies, storage, or future expansion-one thoughtfully designed with two RV bays to accommodate your coastal adventures or large-scale projects. While the existing manufactured home holds little to no value and may require removal or major renovations, the property itself is an oasis of opportunity-ready for your dream home or weekend getaway. earby beach access and a scenic state park day-use area offer convenient ways to enjoy the best of the Oregon Coast, just minutes from town. Seller is actively in the process of cleanup. Shown by appointment-please do not disturb.

Listing Agent

Casey O'Callaghan

Martek Real Estate Brokerage Phone: 541-265-8785 License #201215737 Listed on: 06/14/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,243

Lot Details

  • 3.63 Acre Lot
  • Level Lot
  • Property is zoned R-1-A Residential

Utilities

  • Natural Gas Not Available
  • Septic System

Additional Features

  • Forest Views
  • Mobile Home Allowed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 400
  • Assessor Parcel Number 121106DC-400-00

Property Details

Property Type

Land

Est. Annual Taxes

$2,243

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 3.63
  • Lot Size Sq Ft: 158122.8
  • Road Surface Type: Gravel
  • Subdivision Name: N/A
  • Directions: Head south on 101 leaving Newport. Turn left onto SE 123rd. Continue until sign on left.
  • Attribution Contact: 541-265-8785
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Forest
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 3.63
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 400
  • Miscellaneous Survey: No
  • Miscellaneous:Manufactured Allowed: Yes
  • Topography:Level: Yes
  • Topography:Sloped: Yes
  • Electric:On Property2: Yes
  • Topography:Rolling: Yes
  • Gas:None6: Yes
  • Septic:Septic In2: Yes
  • Water:Public: Yes
  • General Property Description Senior Community YN: No
  • Special Features: None

Exterior Features

  • View: Forest

Utilities

  • Utilities: Electricity Available, Natural Gas Not Available
  • Water Source: Public
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 121106DC-400-00
  • Zoning: R-1-A Residential

Tax Info

  • Tax Annual Amount: 2243.19
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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List Price
Sold 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 $2,243 $166,830 -- --
2023 $208 $15,000 $0 $15,000
2022 $421 $29,230 $0 $0
2021 $389 $28,380 $0 $0
2020 $2,901 $217,480 $0 $0
2019 $2,810 $211,150 $0 $0
2018 $2,749 $205,000 $0 $0
2017 $2,815 $199,030 $0 $0
2016 $2,630 $193,240 $0 $0
2015 $2,393 $187,620 $0 $0
2014 $2,319 $182,160 $0 $0
2013 -- $22,440 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 For Sale $285,000 -- $198 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

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

MLS Number: 25-1353

APN: R162962

Oregon Lincoln County South Beach 97366 South Beach

197 SE 123rd St, South Beach, OR

This home is located at 197 SE 123rd St, South Beach, OR 97366 and is currently priced at $285,000. 197 SE 123rd St is a home located in Lincoln County with nearby schools including Yaquina View Elementary School, Sam Case Elementary School, and Newport High School.

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Casey O'Callaghan
Listing Agent
Casey O'Callaghan
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Martek Real Estate
(458) 455-0050