551 Sw 4th St, Newport, OR 97365

$499,000
1
BD
1
BA
996
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$499,000
Days on Market
13
MLS#
26-2360
Bedrooms
1
Bathrooms
1
Living Area
996

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.

Additional Information

Year Built
1935
Acres
0.44
Living Area
996
Subdivision
Bayley and Case's
Property Type
Residential
Terms
Cash, Owner Will Carry
Style
Cottage
View
Other, Ocean
Utilities
Electricity Available, Sewer Connected, Water Available
Interior Features
Other

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Eco Real Estate Solutions.