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$1,250,000 / 74923ft2 - New Price! Development opportunity in Newport
1005 SE Bay Blvd, Newport, OR 97365
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This 1.72 acre parcel is zoned R-2 and has preliminary plat approval for 11 duplex lots, creating the potential for 22 townhome units. Utilities including water, sewer, and power are available at the street, helping streamline the development process.
Situated across from the Embarcadero Resort & Marina, the property offers impressive views of Yaquina Bay, the bridge, and the Pacific Ocean. The location provides convenient access to Newport's waterfront, restaurants, shopping, recreation, and popular coastal attractions.
Seller may consider creative financing options for qualified buyers.
Development-ready opportunities with this combination of location, views, and approvals are increasingly difficult to find on the Oregon Coast.
Contact for pricing, development information, and additional property details.
RMLS# 24647257 | WVMLS# 812679
Contact for additional information.
GoodHome Group
Mark Shadrin
Berkshire Hathaway HomeServices Real Estate Professionals
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goodhomebroker.com