47 SW Coast St Newport, OR 97365
Nye Beach NeighborhoodEstimated payment $1,289/month
Total Views
117,078
0.12
Acre
$1,875,000
Price per Acre
5,227
Sq Ft Lot
Highlights
- Ocean View
- No HOA
- 1-minute walk to Coast Park
About This Lot
Exceptional opportunity in Newport's historic Nye Beach district! This R-4 zoned lot at 47 SW Coast Street features ocean views and established shared driveway easement along the northern edge. All utilities (water, sewer, electric) available at street. Located in the architectural design review area across from Newport Performing Arts Center and just steps from the beach, restaurants, and shops. Perfect for multi-family development, vacation rentals, or your coastal dream home. The versatile high-density zoning within the vibrant Nye Beach overlay presents endless possibilities. This property sits within the Nye Beach architectural design review district, providing both character and protection for your investment. The R-4 zoning allows for high-density residential development with potential for multiple dwelling units, which is rare in such a prime coastal location.
The lot includes a shared driveway easement for ingress and egress to both 47 SW Coast and 29 SW Coast Street along the north edge of the property, simplifying access considerations. With city water, sewer, and electrical utilities already available at the street, development can proceed without the additional expense of extending essential services. City of Newport does have System Development charges.
The central location puts you at the heart of Nye Beach's cultural scene - directly across from the Newport Performing Arts Center and within a short distance to the district's eclectic mix of shops, galleries, restaurants, and beach access points. Contact the City of Newport for specific planning requirements and to explore the full potential of this exceptional coastal property.
Listing Agent
Advantage Real Estate Brokerage Phone: (541) 265-2200 License #200404265 Listed on: 05/13/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,309
Lot Details
- 5,227 Sq Ft Lot
- Sloped Lot
- Property is zoned R-4 Residential
Additional Features
- Ocean Views
- Gas Available at Street
Community Details
- No Home Owners Association
- Barlow Blocks Subdivision
Listing and Financial Details
- Tax Lot 111108BB2220100
- Assessor Parcel Number 111108BB-22201-00
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,383 | $76,620 | -- | -- |
| 2023 | $1,350 | $74,390 | $0 | $0 |
| 2022 | $1,309 | $72,230 | $0 | $0 |
| 2021 | $1,286 | $70,130 | $0 | $0 |
| 2020 | $1,256 | $68,090 | $0 | $0 |
| 2019 | $1,202 | $66,110 | $0 | $0 |
| 2018 | $1,165 | $64,190 | $0 | $0 |
| 2017 | $1,155 | $62,330 | $0 | $0 |
| 2016 | $1,130 | $60,520 | $0 | $0 |
| 2015 | $1,048 | $58,760 | $0 | $0 |
| 2014 | $1,024 | $57,050 | $0 | $0 |
| 2013 | -- | $55,390 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/04/2025 10/04/25 | Price Changed | $225,000 | -7.1% | -- |
| 05/09/2025 05/09/25 | Price Changed | $242,250 | -3.1% | -- |
| 11/13/2024 11/13/24 | Price Changed | $250,000 | -9.1% | -- |
| 08/08/2024 08/08/24 | Price Changed | $275,000 | -6.8% | -- |
| 07/10/2024 07/10/24 | Price Changed | $295,000 | -9.2% | -- |
| 05/13/2024 05/13/24 | For Sale | $325,000 | -- | -- |
Source: Lincoln County Board of REALTORS® MLS (OR)
About the Listing Agent
With over 20 years of full-time experience, I’ve built my real estate career helping clients buy and sell homes along Oregon’s Central Coast — including Newport, Nye Beach, Seal Rock, Waldport, and Yachats. Ranked in the top 1% within the Oregon Coast MLS, I’m known for my deep local knowledge, strong communication, and commitment to helping every client feel informed and supported from start to finish.
I specialize in listing and marketing coastal properties, from ocean-view homes and beach
Audra's Other Listings
Source: Lincoln County Board of REALTORS® MLS (OR)
MLS Number: 24-978
APN: R518295
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