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Home + Sea Realty
5,227 Sq.Ft. Lot

502 SW 3rd St, Newport

$239,000

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ActiveMLS®: 228652774Listing held by another brokerage, marked RMLS
Lot size
5,227 sqft
Property type
Land
Days on market
2

Overview

Create your coastal lifestyle home on this centrally located lot in the City of Newport on the Oregon Coast. Take advantage of the development potential of this level lot that is ideal for a primary residence, vacation retreat or investment multi-unit dwelling. Relax at the beach with nearby access at Don & Ann Davis Park. The Newport Performing Arts Center is just over a block away. Restaurants and the Nye Beach Commercial District are around the corner. The Yaquina Bay Viewpoint, the Bayfront District and medical facilities are less than a mile away. Fishing, crabbing, whale watching, kayaking, biking and boating are just some of the activities to enjoy. Breathtaking sunsets, fresh ocean breezes and the sounds of the surf and the opportunity to make your dream a reality.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
5,227 sqft
Lot features
Cleared
View
Yes
View description
Ocean

Schools

High school
Newport
Middle school
Newport
Elementary school
Yaquina View

Location

City
Newport
County
Lincoln
Zoning
R3

Taxes and dues

Annual taxes
$1,301 (2025)

Location

502 SW 3rd St, Newport, OR 97365

Map showing the location of 502 SW 3rd St, Newport, OR 97365
© Mapbox © OpenStreetMap

Monthly payment estimate

$1,380 /mo

20% · $47,800
7.00%
Principal and interest
$1,272
Property tax (2025)
$108
Total
$1,380

Estimate only, and not an offer of credit. Assumes 20% down ($47,800) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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