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$ 225,000
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Active
47 SW Coast ST Newport, OR 97365
5,227 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land - Residential
Listing Status Active
Purchase Type For Sale
Square Footage 5,227 sqft
Price per Sqft $43
Subdivision Barlow Blocks
MLS Listing ID 24-978
HOA Y/N No
Annual Tax Amount $1,308
Tax Year 2023
Lot Size 5,227 Sqft
Acres 5227.2
Property Sub-Type Land - Residential
Source Oregon Coast Multiple Listing Service
Property Description
Exceptional opportunity in Newport's historic Nye Beach district! This R-4 zoned lot at 47 SW Coast Street features ocean views and established shared driveway easement along the northern edge. All utilities (water, sewer, electric) available at street. Located in the architectural design review area across from Newport Performing Arts Center and just steps from the beach, restaurants, and shops. Perfect for multi-family development, vacation rentals, or your coastal dream home. The versatile high-density zoning within the vibrant Nye Beach overlay presents endless possibilities. This property sits within the Nye Beach architectural design review district, providing both character and protection for your investment. The R-4 zoning allows for high-density residential development with potential for multiple dwelling units, which is rare in such a prime coastal location.
The lot includes a shared driveway easement for ingress and egress to both 47 SW Coast and 29 SW Coast Street along the north edge of the property, simplifying access considerations. With city water, sewer, and electrical utilities already available at the street, development can proceed without the additional expense of extending essential services. City of Newport does have System Development charges.
The central location puts you at the heart of Nye Beach's cultural scene - directly across from the Newport Performing Arts Center and within a short distance to the district's eclectic mix of shops, galleries, restaurants, and beach access points. Contact the City of Newport for specific planning requirements and to explore the full potential of this exceptional coastal property.
The lot includes a shared driveway easement for ingress and egress to both 47 SW Coast and 29 SW Coast Street along the north edge of the property, simplifying access considerations. With city water, sewer, and electrical utilities already available at the street, development can proceed without the additional expense of extending essential services. City of Newport does have System Development charges.
The central location puts you at the heart of Nye Beach's cultural scene - directly across from the Newport Performing Arts Center and within a short distance to the district's eclectic mix of shops, galleries, restaurants, and beach access points. Contact the City of Newport for specific planning requirements and to explore the full potential of this exceptional coastal property.
Location
State OR
County Lincoln
Area Newport/South Beach
Zoning R-4 Residential
Direction Hwy 101, West on Olive Street, south on Coast street to address.
Exterior
Utilities Available Electricity Available, Natural Gas Available
Waterfront Description None
View Ocean
Building
Water At Street, City
Others
Senior Community false
Tax ID 111108BB-22201-00

Listed by Advantage Real Estate

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