Platted R2 Duplex Development
For Sale
$1,250,000
1005 SE Bay Blvd, Newport, OR 97365
LAND - Newport, OR
Property SizeContact for details
Lot Size1.72 Acres
Days on Market944
Property Features for 1005 SE Bay Blvd
General Information
Property type
Land
Property subtype
Single Family Residence
Zoning
R2
Subdivision
Walker Heights
View
Ocean
Elementary school
Yaquina View
Middle school
Waldport
High school
Newport
Directions
Hwy 101, E on Hwy 20, S SE Moore Dr, E Bay Blvd
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, DOC201600169
Tax Annual Amount
4322
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
(503) 371-3013
Listed By:
Mark Shadrin · License #201215479
(503) 983-4405
Added: Jan 11, 2024
Changed: Jun 22
Last Checked: Aug 12 at 1:06PM
MLS# 24466512
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 residential development site totals 1.72 acres and is zoned R2. The property is plat approved for 11 duplex lots, with a stated total of 22 townhomes. Utilities including water, sewer, and power are available at the street, supporting readiness for residential construction planning.
The land is located in Newport, Oregon at 1005 SE Bay Blvd, in Lincoln County. The public remarks indicate the property sits across from the Embarcadero Resort and Marina.
Given the R2 zoning and the documented plat approval for duplex lots, the site is well suited for builders or developers seeking a multi-unit residential layout rather than single-lot development. With water, sewer, and power at the street, the property can fit tenant- and buyer-facing residential product plans tied to the approved configuration.
The land is located in Newport, Oregon at 1005 SE Bay Blvd, in Lincoln County. The public remarks indicate the property sits across from the Embarcadero Resort and Marina.
Given the R2 zoning and the documented plat approval for duplex lots, the site is well suited for builders or developers seeking a multi-unit residential layout rather than single-lot development. With water, sewer, and power at the street, the property can fit tenant- and buyer-facing residential product plans tied to the approved configuration.
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
Current Use
Lease Details
22
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
Explore this area
Business Placement
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
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 - R2-zoned, plat-approved land planned for 11 duplex lots and utility service at the street.
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 $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.**
