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R2 Zoning Townhome Lot
For Sale
$150,000

1005 SE Bay Blvd, Newport, OR 97365

LAND - Newport, OR

Property SizeContact for details
Lot Size0.06 Acres
Days on Market691

Property Features for 1005 SE Bay Blvd

General Information

Property type Land
Property subtype Single Family Residence
Zoning R2
View Ocean
Elementary school Yaquina View
Middle school Newport
High school Newport
Directions Hwy 101, E on Hwy 20, S SE Moore Dr, E Bay Blvd
Subdivision _200
Standard status Active
APN R132556
Lot size 0.06 Acres

Taxes and HOA fees

Tax Description PROPERTY ID : R132556 TWNSHP 11, RNG 11, ACRES 1.72, DOC201600169
Tax Annual Amount 188
Legal Description PROPERTY ID : R132556 TWNSHP 11, RNG 11, ACRES 1.72, DOC201600169

Utilities

Water front 1
Listing Agency: Berkshire Hathaway HomeServices Real Estate Professionals
Listed By: Mark Shadrin · License #201215479
Added: Sep 21, 2024 Changed: Aug 1 Last Checked: Aug 12 at 12:06PM
MLS# 24073419

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 offering consists of residential land parcels identified for development as townhome lots. The site is zoned R2 and is presented as shovel-ready, with plans described as a 22-townhome neighborhood. Utilities including water, sewer, and power are stated to be provided to each lot prior to sale.

The location is described at 1005 SE Bay Blvd in Newport, Oregon. The property is noted as being directly across from the Embarcadero Resort and Marina, with views referenced toward the Bay Bridge and the ocean.

For builders and developers, the combination of R2 zoning and lot-by-lot utility provision supports an orderly path to townhome construction planning and execution. The developer-focused framing and the defined townhome neighborhood concept make the parcels best suited for parties seeking a small-scale residential infill project in a coastal setting near Bayfront-area attractions.

Key Highlights

  • Shovel‑ready townhome lots in a newly established neighborhood.
  • Zoned R2 for townhome development, allowing for immediate construction.
  • Spectacular views of the Bay Bridge and the ocean.**

Property Analytics

Current Use

Residential land & home ...

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

549
Businesses Nearby

Demographics for 97365, OR

10,806
Population
6,026
Households
1.8
Avg Household Size
47
Median Age
31%
College-Educated
91%
High-School Grad
41.5 sq mi
ZIP Area
260
Density / Sq Mi
$60,736
Median Household Income
$30,963
Median Earnings
$1,155
Median Rent
$418,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build-ready townhome lots zoned R2, with utilities planned to each lot before sale.
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 $150,000.
What are key features of this property?
This property features: Shovel‑ready townhome lots in a newly established neighborhood.; Zoned R2 for townhome development, allowing for immediate construction.; Spectacular views of the Bay Bridge and the ocean.**
More about this property
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