Plat-Approved Duplex Development
For Sale
$1,250,000
1005 SE Bay Boulevard, Newport, OR 97365
Plat-approved R2 land for 11 duplex lots with utilities at the street, positioned across from a waterfront resort.
Property Size74,923 SF
Lot Size1.72 Acres
Price / SF$16.68
Days on Market972
Property Features for 1005 SE Bay Boulevard
General Information
Standard status
Active
Size
74,923 SF
Lot size
1.72 Acres
Property subtype
Commercial
Zoning
R2
Additional Details
Utilities to Site
Yes
Building Details
Year Built
2024
Listing Agency:
Berkshire Hathaway HomeServices Real Estate Professionals
Listed By:
Mark Shadrin
(877) 319-7625
Source:
Century21northhomes
Added: Dec 14, 2023
Changed: Aug 8
Last Checked: Jul 16 at 12:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Real Estate Professionals
Investment Insights
Based on property information with market context.
This is a for-sale waterfront development parcel totaling about 1.72 acres, zoned R2 and plat approved for 11 duplex lots, for a total of 22 townhomes. The property is presented as ready for development with water, sewer, and power available at the street. Existing approvals and the duplex-lot configuration provide a clear starting point for builders and developers working through residential infill or small-scale multifamily projects.
The site is located at 1005 SE Bay Boulevard in Newport, Oregon, and is described as positioned across from the Embarcadero Resort and Marina. The public remarks also indicate Bay Bridge and ocean views, with the property situated in Newport’s Bayfront District.
For appropriate buyers, this land offers a straightforward path for projects aligned with duplex-townhome layouts under the R2 zoning parameters. Utilities being at the street can simplify initial planning, and the plat-approved status may help reduce early entitlement friction for a qualified builder or development team seeking a waterfront-oriented residential plan.
The site is located at 1005 SE Bay Boulevard in Newport, Oregon, and is described as positioned across from the Embarcadero Resort and Marina. The public remarks also indicate Bay Bridge and ocean views, with the property situated in Newport’s Bayfront District.
For appropriate buyers, this land offers a straightforward path for projects aligned with duplex-townhome layouts under the R2 zoning parameters. Utilities being at the street can simplify initial planning, and the plat-approved status may help reduce early entitlement friction for a qualified builder or development team seeking a waterfront-oriented residential plan.
Key Highlights
- 1.72‑acre R2‑zoned land, plat approved for 11 duplex lots totaling 22 townhomes
- Utilities at the street: water, sewer, and power
- Bayfront setting positioned across from the Embarcadero Resort and Marina
Property Analytics
Property Profile
Current Use
Lease Details
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Plat-approved R2 land for 11 duplex lots with utilities at the street, positioned across from a waterfront resort.
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 R2‑zoned land, plat approved for 11 duplex lots totaling 22 townhomes; Utilities at the street: water, sewer, and power; Bayfront setting positioned across from the Embarcadero Resort and Marina
