$325000
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3 Bed
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1 Bath
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995 SqFt
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29 DOM
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Built: 1915
- Status: Active
Love this home?
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.
Listing Provided Courtesy of Gina Bebek, Realty One Group At The Beach
General Information
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604735773
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SingleFamilyResidence
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29 DOM
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3
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6098.4 SqFt
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1
-
995
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1915
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R-4
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Lincoln
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R281863
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Yaquina View
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Newport
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Newport
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Residential
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SingleFamilyResidence
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PROPERTY ID R281863 THOMPSONS SUBDIV BLK 3 N&T, BLOCK SPRING, LOT
Listing Provided Courtesy of Gina Bebek, Realty One Group At The Beach
PDXA1 Realty Group data last checked: Jul 05, 2025 04:28 | Listing last modified Jun 06, 2025 08:22,
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Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
— Jagathishp
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
— Vignesh Chan
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
— Praveen
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
— Ramren Garajan
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