Estimated payment $6,591/month
This property has a spectacular setting for your dream beach house or higher-density housing project. The existing home is perched on a low bluff with terrific views of the Yaquina Head Lighthouse. There is a private access path leading to the beach and the property is protected from the ocean surf by a recently improved seawall. The original home was constructed in 1967 and expanded in 1985. Slide activity on adjacent land and undeveloped portions of the property damaged a few outbuildings in recent years. In May 2022, the owners engaged a geologist to study surface soil conditions and monitor land movement. The geologist report published in September 2024 indicates no discernible land movement was detected during the study period. The report also includes recommendations for future site development work.An A-frame adjacent to the main house has obvious structural issues. The geologist report indicates the issues were likely caused by improper fill before the structure was constructed. The owners have closed this building to occupancy due to safety concerns. The main house is habitable and has been rented for the past few years. However, the house needs repair and may be near the end of its useful life. The owners intend to sell the property as is and not be involved in any repairs.The optimal use of this property may be for higher-density housing. The City of Newport zoning ordinances currently allow for single family, duplex, townhouse or cottage cluster projects on R-2 zoned properties.
Listing Agent
Cascade Hasson Sotheby's International Realty License #201226178 Listed on: 05/10/2025
| 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 | $10,505 | $582,160 | -- | -- |
| 2023 | $10,257 | $565,210 | $0 | $0 |
| 2022 | $9,941 | $548,750 | $0 | $0 |
| 2021 | $9,769 | $532,770 | $0 | $0 |
| 2020 | $9,538 | $517,260 | $0 | $0 |
| 2019 | $9,129 | $502,200 | $0 | $0 |
| 2018 | $8,848 | $487,580 | $0 | $0 |
| 2017 | $8,770 | $473,380 | $0 | $0 |
| 2016 | $8,584 | $459,600 | $0 | $0 |
| 2015 | $7,958 | $446,220 | $0 | $0 |
| 2014 | $7,779 | $433,230 | $0 | $0 |
| 2013 | -- | $420,620 | $0 | $0 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2025 05/10/25 | For Sale | $1,049,000 | -- | $472 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | Western Title & Escrow | |
| Quit Claim Deed | -- | None Available |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional | |
| Previous Owner | $171,000 | New Conventional |
$999,000
Discover the perfect blend of coastal charm and modern comfort in this 7-bedroom, 3-bathroom home, ideally located in the heart of Newport. Nestled in a tranquil neighborhood, this spacious retreat offers an inviting haven for those seeking the ultimate coastal lifestyle.Just moments from the beach, marina, vibrant shops, and renowned restaurants, you'll enjoy effortless access to everything
Crystal Qian Hu eXp Realty LLC
$999,999
Located in the heart of Nye Beach, this one-of-a-kind property is zoned commercial but allows residential use—perfect for living, renting, or running a business. Enjoy expansive whitewater ocean views from most rooms, vintage parquet floors, and thoughtful details throughout. The 800+ sq ft top-floor suite feels like a retreat, with a cozy sitting area, gas fireplace, clawfoot tub, hardwood and
Mark Peterson Redfin
Source: Lincoln County Board of REALTORS® MLS (OR)
MLS Number: 25-1055
APN: R70917