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1005 SE Bay Blvd, Newport, OR 97365 — photograph 1

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1005 SE Bay Blvd, Newport, OR 97365 — photograph 1
5,227 Sq.Ft. Lot

1005 SE Bay Blvd, Newport

$300,000

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ActiveMLS®: 24287939Listing held by another brokerage, marked RMLS
Lot size
5,227 sqft
Property type
Land
Days on market
721

Overview

Attention all builders: we are now accepting reservations for shovel-ready duplex lots starting at $300,000. This newly established neighborhood is zoned R2 and will consist of 11 brand new townhome style duplexes, offering spectacular views and exceptional access to Newport's Bayfront District. Seize the opportunity to showcase your quality in this uniquely remarkable development. Situated directly across from the Embarcadero Resort and Marina, the site boasts stunning views of the Bay Bridge and the ocean. Essential utilities, including water, sewer, and power, will be provided to each lot prior to sale, making this a premium development opportunity. Residents will have easy access to popular attractions such as the Oregon Coast Aquarium, Hatfield Marine Science Center, lighthouses, golf courses, and the diverse offerings of the Oregon Coast. This prime location presents an excellent investment opportunity—act now!

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
5,227 sqft
Lot features
Cul-de-sac
View
Yes
View description
Bay, Ocean

Schools

High school
Newport
Middle school
Newport
Elementary school
Yaquina View

Location

City
Newport
County
Lincoln
Zoning
R2

Taxes and dues

Annual taxes
$376 (2023)

Location

1005 SE Bay Blvd, Newport, OR 97365

Map showing the location of 1005 SE Bay Blvd, Newport, OR 97365
© Mapbox © OpenStreetMap

Monthly payment estimate

$1,628 /mo

20% · $60,000
7.00%
Principal and interest
$1,597
Property tax (2023)
$31
Total
$1,628

Estimate only, and not an offer of credit. Assumes 20% down ($60,000) 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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