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Newport Land with Bay Views

1005 SE Bay Boulevard, Newport, OR 97365

For Sale
$3,300,000

Land, Newport, OR

Property SizeContact for details
Lot Size1.72 Acres
Days on Market680

Property Features for 1005 SE Bay Boulevard

General Information

Property type Land
Property subtype Other
Zoning R-2 Residential
Subdivision Walker Heights
Lot features 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
Listed By: Mark A Shadrin · License OR #201215479
Added: Dec 31, 2024 Changed: Oct 3 Last Checked: Nov 10 at 7:06AM
MLS# LC-102778

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.

Rey
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Investment Insights

Based on property information with market context.

This 1.72-acre property is zoned R2 and is located in Newport, Oregon. It is entitled and can be developed into 11 duplex lots or 22 townhomes. The property is delivered shovel ready at closing. Situated across from the Embarcadero Resort and Marina, it features Bay Bridge and ocean views. Water, sewer, and power are available at the street. The property is located in Newport's Bayfront District, near the Oregon Coast Aquarium, Hatfield Marine Science Center, lighthouses, and golf courses. The location may also be suitable for a condo or timeshare development.

Key Highlights

  • 1.72‑acre property, zoned R2, entitled and developed for 11 duplex lots or 22 townhomes.
  • Shovel‑ready at closing with water, sewer, and power at the street.
  • Located across from Embarcadero Resort and Marina.

Property Analytics

Who owns this building? See the owner, sales and loan history
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Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

264
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

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 Boulevard 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 and developed for 11 duplex lots or 22 townhomes.; Shovel‑ready at closing with water, sewer, and power at the street.; Located across from Embarcadero Resort and Marina.
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