$315,000
$325,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
995 SqFt
SOLD DATE : 08/19/2025
Key Details
Sold Price $315,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 995 sqft
Price per Sqft $316
MLS Listing ID 25-1197
Sold Date 08/19/25
Style Cottage
Bedrooms 3
HOA Y/N No
Year Built 1915
Annual Tax Amount $2,229
Tax Year 2024
Lot Size 6,098 Sqft
Acres 6098.4
Lot Dimensions 50' x 125'
Property Sub-Type Single Family Residence
Source Oregon Coast Multiple Listing Service
Property Description
Investor alert in prime Nye Beach location! Zoned R4, this 0.14-acre lot offers development potential—build a motel, lodge, clinic, office, or multi-unit housing. The current 3 bed, 1 bath home uses half the lot—develop the other half or expand upward to capture the ocean views. Enclose the unfinished basement for added living space or rebuild the detached garage for storage or ADU potential. Updated electric panel (approx. 3 years ago). Just blocks from shops, restaurants, and the beach. Ocean views from main level—stunning views possible from upper floors. Endless options in a high-demand coastal zone. This is a rare find with major upside in Newport's sought-after Nye Beach District! Buyer to confirm permitted uses, building or remodeling guidelines and restrictions, with the county.
Location
State OR
County Lincoln
Area Newport/South Beach
Zoning R-4 Residential
Direction From HWY 101 heading North turn west onto 2nd street, turn right onto NW Brook st and property is on the left.
Rooms
Other Rooms None
Interior
Interior Features Beamed Ceilings, Vaulted Ceiling(s)
Flooring Vinyl, Carpet, Wood
Window Features Window Coverings
Exterior
Waterfront Description None
View Ocean
Roof Type Composition
Garage Yes
Building
Foundation Pillar/Post/Pier
Water Public, On Property
Architectural Style Cottage
Others
Senior Community false
Tax ID 111108BB-24900-00
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