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1005 SE Bay Blvd, Newport
$3,300,000
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- Lot size
- 1.72 acres
- Property type
- Land
- Days on market
- 617
Overview
Calling all builders and developers! This prime 1.72-acre property, zoned R2, entitled and developed into 11 duplex lots or 22 townhomes, delivered shovel ready at closing. Located across from the Embarcadero Resort and Marina, it features breathtaking Bay Bridge & Ocean Views. Utilities will be stubbed to each lot at closing. This premium development opportunity will be ready for your summer build. 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
$17,924 /mo
- Principal and interest
- $17,564
- Property tax (2025)
- $360
- Total
- $17,924
Estimate only, and not an offer of credit. Assumes 20% down ($660,000) 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.
