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Newport Land Development Opportunity

1005 SE Bay Blvd Newport, OR 97365

1005 SE Bay Blvd, Newport, OR, 97365
$3,300,000
For Sale
$3,300,000

LAND - Newport, OR

Lot Size1.72 Acres
Days on Market560

Property Features for 1005 SE Bay Blvd

General Information

Property type
Land
Property subtype
Single Family Residence
Zoning
R2
Standard status
Active
APN
R132556
Lot size
1.72 Acres

Taxes and HOA fees

Tax Description
PROPERTY ID R132556 TWNSHP 11, RNG 11, ACRES 1.72, DOC202209165
Tax Annual Amount
4322

Utilities

Water front
1
Listing Agency Berkshire Hathaway HomeServices Real Estate Professionals
2110 Mission Street SE Suite 310, Salem, OR
Listed by Mark Shadrin · License #201215479
Added: Jan 3, 2025 Checked: Jul 17 at 8:06 am
MLS# 24575122 Listing URL

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 1.72-acre property is zoned R2 and is entitled and developed into 11 duplex lots or 22 townhomes. The property is located across from the Embarcadero Resort and Marina and features Bay Bridge and Ocean views. Utilities will be stubbed to each lot at closing. This property is located in Newport, Oregon.

Key Highlights

  • 1.72‑acre property zoned R2, entitled for 11 duplex lots or 22 townhomes.
  • Shovel‑ready at closing, facilitating immediate construction.
  • Breathtaking Bay Bridge & Ocean Views.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Plumbing Service Barber Shop Storage Facility HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential land & home lot - 1.72-acre R2 zoned land for development in Newport, Oregon.
Where is this residential land & home lot located?
The property is located at 1005 SE Bay Blvd Newport, OR.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 1.72‑acre property zoned R2, entitled for 11 duplex lots or 22 townhomes.; Shovel‑ready at closing, facilitating immediate construction.; Breathtaking Bay Bridge & Ocean Views.
Contact an agent
More about this property
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