US-101, Newport, OR 97365

Samantha McClain

$599,000

167 days on market

Updated 8 days ago

TL 400 HWY 101

Details

Property Type

Land

Sub Type

Residential

Square Footage

41,382

Price per SqFt

$14

Class

Acreage

0.950

Zoning

RR Rurual Residential

Ownership

Exclusive Right to Sell

Rare Newport Oceanfront Land with Acreage & Panoramic Views & Utilities Onsite

Marketing description

🌊 Rare Newport Oceanfront Acreage with Panoramic Views & Utilities Onsite 🌊

Rare opportunity on Oregon’s coastline. This 0.95-acre oceanfront lot is elevated above the sand for superior views and natural protection, the homesite captures panoramic scenery while still placing you just steps from the shoreline.

This one-of-a-kind property is perfectly positioned for a personal retreat or vacation home. With no HOA, Electric onsite (needs hookup), water onsite, and septic is already approved, your development time and costs are significantly reduced.

Since 2020, Newport’s oceanfront homes have averaged over $1.4M (all older, pre-1990). New construction would far exceed that range as Newport remains one of the most competitive markets on the Oregon Coast.

Opportunities like this are extremely limited along the Oregon Coast and this property is priced to sell!

📍 Property Details
🏡 0.95 acres
💰 $599,000
• 🌊 Waterfront / beachfront parcel — steps to the ocean
• 🏞 Elevated above sand level for enhanced views & added privacy
• ⚡ Electric onsite (needs hookup)
• 💧 Water onsite
• 🧪 Septic approved
• 🚫 No HOA
• 📍 Just south of Moolack Shores Inn
• 🌅 180°+ panoramic ocean views
• 🏙 Prime location near parks, restaurants, beaches, schools & more
• 🌿 Serene setting & rare opportunity in a sought-after area
• 🏗 Ideal for investors, builders, retirement living, or second-home buyers
• 📊 5th highest average home sale price in 2024
• 📈 3rd highest average land sale price in 2024
• 📉 Limited supply & strong demand — land inventory remains tight
• 🔑 Owner is motivated — priced to sell & ready for a quick close