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1005 SE Bay Blvd, Newport
$1,250,000
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- Lot size
- 1.72 acres
- Property type
- Land
- Days on market
- 975
Overview
Calling all builders and developers! This prime 1.72-acre property, zoned R2, is plat approved for 11 duplex lots, allowing for a total of 22 townhomes. Located across from the Embarcadero Resort and Marina, it features breathtaking Bay Bridge & Ocean Views. With water, sewer, and power at the street; this premium development opportunity is ready for your summer build. Enjoy popular attractions like Oregon Coast Aquarium, Hatfield Marine Science Center, lighthouses, golf courses, and the central Oregon coast in this Newport's Bayfront District. Prime location justifies a condo or timeshare development too. Invest now!
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 1.72 acres
- Lot features
- Ocean Beach ¼ Mile or Less
- View
- Yes
- View description
- Bay, Ocean
Schools
- High school
- Newport
- Middle school
- Waldport
- Elementary school
- Yaquina View
Location
- City
- Newport
- County
- Lincoln
- Zoning
- R2
- Subdivision
- Walker Heights
Taxes and dues
- Annual taxes
- $4,322 (2025)
Location
1005 SE Bay Blvd, Newport, OR 97365
Monthly payment estimate
$7,013 /mo
- Principal and interest
- $6,653
- Property tax (2025)
- $360
- Total
- $7,013
Estimate only, and not an offer of credit. Assumes 20% down ($250,000) 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.
