Newport, OR 97365,400 Hwy 101
Newport, OR 97365,400 Hwy 101
Newport, OR 97365,400 Hwy 101
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Listed by Realty One Group At The Beach
$599,000
Est. payment /mo
0.95 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID 123803218

HOA Y/N No

Annual Tax Amount $1,490

Tax Year 2026

Lot Size 0.950 Acres

Property Sub-Type Single Family Residence

Property Description

Rare opportunity on Oregon's coastline. This 0.95-acre oceanfront lot is elevated above the sand for superior views and natural protection, the homesite captures panoramic scenery while still placing you just steps from the shoreline. This one-of-a-kind property is perfectly positioned for a personal retreat or vacation home. With no HOA, Electric onsite (needs hookup), water onsite, and septic is already approved, your development time and costs are significantly reduced. Since 2020, Newport's oceanfront homes have averaged over $1.4M (all older, pre-1990). New construction would far exceed that range as Newport remains one of the most competitive markets on the Oregon Coast. Opportunities like this are extremely limited along the Oregon Coast and this property is priced to sell!

Location

State OR

County Lincoln

Area _200

Zoning RR

Exterior

Utilities Available ElectricityConnected, SepticSiteApproved, WaterAvailable

Waterfront Description OceanFront

View Ocean

Garage No

Building

Lot Description Cleared

Schools

Elementary Schools Yaquina View

Middle Schools Newport

High Schools Newport

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Regional Multiple Listing Service (RMLS)
MORE Realty

+1(877) 344-6673

info@morerealty.com

16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224

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400 Hwy 101