Platted Waterfront Duplex Development
1005 SE Bay Boulevard Newport, OR 97365
1005 SE Bay Boulevard, Newport, OR, 97365
$1,250,000
For Sale
$1,250,000
LAND - Newport, OR
Lot Size1.72 Acres
Days on Market668
Property Features for 1005 SE Bay Boulevard
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- R-2 Residential
- Standard status
- Active
- APN
- 111109CB-400-00
- Lot size
- 1.72 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 4132
Utilities
- Utilities
- Water Available
- Water source
- Public
Listing Agency
Berkshire Hathaway HSRE Professional Services - Salem
(503) 371-3013
2110 Mission St. SE PO Box 12397, Salem, OR
Listed by
Mark A Shadrin · License #201215479
(503) 983-4405
Added: Sep 18, 2024 Checked: Jul 17 at 8:06 am
MLS# LC-102237
Listing URL
Copyright © 2026 Oregon Coast MLS. 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 is a 1.72-acre waterfront residential parcel in Newport, Oregon, zoned R-2 Residential. The property is plat approved for 11 duplex lots, which supports a total of 22 townhome units. The site is described as having views of the Bay Bridge and the ocean, and the listing indicates water, sewer, and power are available at the street.
The property is located at 1005 SE Bay Boulevard and is described as across from the Embarcadero Resort and Marina. The remarks also place it within Newport’s Bayfront District, surrounded by well-known coastal attractions including the Oregon Coast Aquarium and the Hatfield Marine Science Center.
For builders and developers, the combination of an R-2 zoning designation, an approved duplex lot plat, and utilities at the street is geared toward timely site planning and vertical development. The approved configuration offers a clear path to constructing duplex-based townhome product on a waterfront-facing site. Prospective buyers should confirm all development requirements and approvals through the local permitting process.
The property is located at 1005 SE Bay Boulevard and is described as across from the Embarcadero Resort and Marina. The remarks also place it within Newport’s Bayfront District, surrounded by well-known coastal attractions including the Oregon Coast Aquarium and the Hatfield Marine Science Center.
For builders and developers, the combination of an R-2 zoning designation, an approved duplex lot plat, and utilities at the street is geared toward timely site planning and vertical development. The approved configuration offers a clear path to constructing duplex-based townhome product on a waterfront-facing site. Prospective buyers should confirm all development requirements and approvals through the local permitting process.
Key Highlights
- 1.72‑acre property plat approved for 11 duplex lots (22 townhomes).
- Zoned R2, allowing for potential condo or timeshare development.
- Breathtaking Bay Bridge & Ocean Views.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
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FAQs
What type of property is this?
Residential land & home lot - Plat-approved residential land zoned R-2 for 11 duplex lots and 22 townhomes with utilities at the street.
Where is this residential land & home lot located?
The property is located at 1005 SE Bay Boulevard Newport, OR.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1.72‑acre property plat approved for 11 duplex lots (22 townhomes).; Zoned R2, allowing for potential condo or timeshare development.; Breathtaking Bay Bridge & Ocean Views.