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  • $242,250

    47 SW Coast St, Newport, OR 97365

    --beds
    0baths
    5,227.2Square Feet
    Land
    Built in ----
    5,227.2 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Ocean views
    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.
    469 days
    on Zillow
    |
    158
    |
    6
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 13, 2025 at 06:34pm

    Listed by:

    Audra Powell (541)265-2200,

    Advantage Real Estate

    Source: OCMLS,MLS#: 24-978MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Features
    • Has fireplace: No

    Property

    Features
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Frontage type: None
    Lot
    • Size: 5,227.2 Square Feet
    Details
    • Parcel number: 111108BB2220100
    • Zoning description: R-4 Residential

    Utilities & green energy

    • Water: At Street, City
    • Utilities for property: Electricity Available, Natural Gas Available

    Community & HOA

    Community
    • Subdivision: Barlow Blocks
    HOA
    • Has HOA: No
    Location
    • Region: Newport

    Financial & listing details

    • Tax assessed value: $200,980
    • Annual tax amount: $1,308
    • Date on market: 5/13/2024
    • Road surface type: Paved
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