Platted Waterfront Duplex Development
For Sale
$1,250,000
1005 SE Bay Boulevard, Newport, OR 97365
Land, Newport, OR
Property SizeContact for details
Lot Size1.72 Acres
Days on Market702
Property Features for 1005 SE Bay Boulevard
General Information
Property type
Land
Property subtype
Other
Zoning
R-2 Residential
Subdivision
Walker Heights
Lot features
Level, Sloped
Directions
Hwy 101, E on Hwy 20, S SE Moore Dr, E Bay Blvd
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 · Prudential Real Estate
(503) 371-3013
Listed By:
Mark A Shadrin · License #201215479
(503) 983-4405
Added: Sep 18, 2024
Changed: Aug 19
Last Checked: Aug 20 at 9:06PM
MLS# LC-102237
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
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
264
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
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Frequently Asked Questions
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.
