Investor alert in prime Nye Beach location! Zoned R4, this 0.14-acre lot offers development potential—build a motel, lodge, clinic, office, or multi-unit housing. The current 3 bed, 1 bath home uses half the lot—develop the other half or expand upward to capture the ocean views. Enclose the unfinished basement for added living space or rebuild the detached garage for storage or ADU potential. Updated electric panel (approx. 3 years ago). Just blocks from shops, restaurants, and the beach. Ocean views from main level—stunning views possible from upper floors. Endless options in a high-demand coastal zone. This is a rare find with major upside in Newport's sought-after Nye Beach District! Buyer to confirm permitted uses, building or remodeling guidelines and restrictions, with the county.
Pending - accepting backups
$325,000
118 SW Brook St, Newport, OR 97365
3beds
1baths
995sqft
Est.:
Single Family Residence
Built in 1915
6,098.4 Square Feet Lot
$309,300 Zestimate®
$327/sqft
$-- HOA
What's special
Ocean viewsUnfinished basementDetached garage
- 80 days
- on Zillow |
- 687 |
- 25 |
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