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$499,000

1 Beds 1 Baths 996 SQFT 0.44 Acres

Type: Single Family

551 SW 4th Street
Newport, OR 97365

MLS#: 262360

Casandra Thompson

Premiere Property Group

Broker

Phone: 208.250.8538

Office: 541.264.7220

Visit Website

Presented by: Eco Real Estate Solutions

Property Description

What an AMAZING opportunity for the right buyer! Whitewater OCEAN VIEWS overlooking the Jetty and the boats coming in and watching the waves crash against the beach. If you built a new home here, Lighthouse views are very possible. This property includes (4) 50' x 100' R4 and R3 zoned lots with Ocean views totaling .44 of an acre. Existing cottage can be finished if you are dreaming of that beach cottage that is in the Nye Beach area without the Nye Beach Architectural construction guidelines. All city services. You could build multiple 4-plexes, condos, townhomes or a brand-new custom home perched on top of your own Ocean vista. Very rare find in Newport right across the street from the beach access. Seller will owner carry with approx. 20% down payment and acceptable terms/conditions. Please do not drive-up driveway.

Interior Features

Bedrooms

Total Bedrooms1

Bathrooms

Total Baths1

Other Interior Features

Above Grade Finished Area996 sqft

Air Conditioning Y/NNo

Basement (Y/N)No

Below Grade Finished Area0 sqft

Fireplace Y/NNo

FlooringOther

Furnished Y/NUnfurnished

Heating Y/NNo

Interior AmenitiesOther

General

Additional Parcels DescriptionIncludes tax lot 3100, 3400, 3500, 3600

Additional Parcels Y/NNo

AppliancesNone

Architectural StyleCottage

Attached Garage No

Carport Y/NNo

CityNewport

CoolingNone

CountyLincoln

DirectionsHwy 101 to SW Angle to SW 2nd Street. to SW 4th Street to property/sign.

Electric200+ Amp Service

Garage Y/NNo

HOANo

HeatingNone

Home Warranty Y/NNo

Land Lease Y/NNo

Lease Considered Y/NNo

Lease Renewal Y/NNo

Lot Size Square Feet19,166 sqft

Lot Size UnitsAcres

Other StructuresNone

PossessionClose Of Escrow

Property SubtypeSingle Family Residence

Property TypeResidential

Rent Control Y/NNo

RoofComposition

Senior Community Y/NNo

Standard StatusActive

StatusActive

Subdivision NameBayley and Case's

Tax Annual Amount$4,479

Tax Year2025

Total Rooms4

UtilitiesElectricity Connected, Sewer Connected, Water Connected

ViewOcean, Other

Year Built1935

Year Built SourceAssessor

ZoningR-4 Residential

Exterior

Building Area Total996 sqft

Crops Included Y/NNo

Foundation DetailsPillar/Post/Pier

Horse Y/NNo

Lot Dimensions200x100

Lot FeaturesCity Lot, Corner Lot

Lot Size Acres0.44

Lot Size Area0 sqft

Other EquipmentNone

Road Frontage TypeCity Street

Road Surface TypeAsphalt

SpaNo

Water SourcePublic

Additional Details

Price History

Schools

Elementary School N/A

Middle School N/A

High School N/A

Similar Properties

$499,000

1 Beds 1 Baths 996 SQFT 0.44 Acres

Type: Single Family

551 SW 4th Street
Newport, OR 97365

MLS#: 262360

Casandra Thompson

Premiere Property Group

Broker

Phone: 208.250.8538

Office: 541.264.7220

Visit Website

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Property

$499,000

551 SW 4th StreetNewport, OR 97365

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$499,000

551 SW 4th StreetNewport, OR 97365

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551 SW 4th Street
Newport, OR 97365

551 SW 4th Street
Newport, OR 97365