Newport, OR 97365,118 SW BROOK ST
Newport, OR 97365,118 SW BROOK ST
Newport, OR 97365,118 SW BROOK ST
Newport, OR 97365,118 SW BROOK ST
Newport, OR 97365,118 SW BROOK ST
Newport, OR 97365,118 SW BROOK ST
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Stephanie Findley

Stephanie Findley

MORE Realty

+1(503) 435-7049
Listed by Realty One Group At The Beach
$ 325,000
Est. payment | /mo

3 Beds

1 Bath

995 SqFt


Save
$ 325,000
Est. payment | /mo
Save

3 Beds

1 Bath

995 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 995 sqft

Price per Sqft $326

MLS Listing ID 604735773

Style Stories2, Cottage

Bedrooms 3

Full Baths 1

Year Built 1915

Annual Tax Amount $2,229

Tax Year 2024

Lot Size 6,098 Sqft

Property Sub-Type Single Family Residence

Property Description

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.

Location

State OR

County Lincoln

Area _200

Zoning R-4

Rooms

Basement Crawl Space, Dirt Floor, Unfinished

Interior

Heating Baseboard

Appliance Free Standing Range, Free Standing Refrigerator

Exterior

Parking Features Detached

Garage Spaces 1.0

View Ocean

Roof Type Composition

Garage Yes

Building

Lot Description Level, Sloped

Story 3

Foundation Pillar Post Pier

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Yaquina View

Middle Schools Newport

High Schools Newport

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

Regional Multiple Listing Service (RMLS)
agent-avatar

+1(503) 435-7049

stephanie@redberryre.com

510 NE 8th St, McMinnville, OR, 97128, USA

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118 SW BROOK ST