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.
Listing Provided Courtesy of Gina Bebek, Realty One Group At The Beach
General Information
604735773
SingleFamilyResidence
2
DOM
3
6098.4 SqFt
1
995
1915
R-4
Lincoln
R281863
Yaquina View
Newport
Newport
Residential
SingleFamilyResidence
PROPERTY ID R281863 THOMPSONS SUBDIV BLK 3 N&T, BLOCK SPRING, LOT
Listing Provided Courtesy of Gina Bebek, Realty One Group At The Beach
Krishna Realty data last checked: Jun 08, 2025 13:48 | Listing last modified Jun 06, 2025 08:22,
Source:
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Residence Information
497
498
0
995
OWNER
995
3
1
0
1
Composition
1, Detached
Stories2,Cottage
Driveway
3
1915
No
WoodSiding
CrawlSpace,DirtFloor,Unfinished
CrawlSpace,DirtFloor
PillarPostPier
Features and Utilities
FreeStandingRange, FreeStandingRefrigerator
Electricity
Baseboard
PublicSewer
Electricity
Electricity
Financial
2229.53
0
Cash
06-06-2025
No
No
Comparable Information
2
2
Cash
$325,000
$325,000
Jun 06, 2025 08:22
Schools
public Elementary : Yaquina ViewN/ARatingsprivate Middle : Newport N/ARatingsprivate High : NewportN/ARatings
Map
Listing courtesy of Realty One Group At The Beach.
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.
