Commercially zoned property with prime location and high traffic area along highway 101. Commercial zoning allows for many outright uses. This property has approximately 80 feet of highway frontage. Possible ocean views from 2nd story building. Located near an abundance of amenities including restaurants, site-seeing, entertainment, and access to miles of sandy beaches. Billboard sign on property is leased and is generating monthly income. Property had previous motel building removed and small basement filled in during removal.
Property Details
Property Features
Listing Office:
Office Name: Taylor & Taylor Realty Co.
Office Phone: (541) 994-9111
Listing Agent: Dennis Regen, Korey Hazard
Exterior Features
Exterior Information:
View: Ocean
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Cleared, Corner Lot
Lot Size: 0.45 Acres
School Info
Assigned Schools Information:
Newport High School, Public District Grades 9-12
Newport Middle School, Public District Grades 6-8
Other
Directions Information:
Directions: On corner of Hwy 101 and SW Neff Way. North of the Yaquina Bay Bridge
Price Information
Listing Price Info
Price Summary:
List Price: $842,886
Tax Information:
Annual Amount: $6,723
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Newport, OR.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 6/1/2024, 1:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 25, 2015
Jun 25, 2015Home Sold
$1,135,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$6,723
$364,610
2019
$6,627
$364,610
2018
$6,608
$364,150
2017
$6,734
$363,520
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
5
/10
Newport Middle School
322 NE Eads St
Distance between this listing and this school0.80 miles
Public District Grades 6-8
High School
2
/10
Newport High School
322 NE Eads St
Distance between this listing and this school0.80 miles
Public District Grades 9-12
Nearby Schools
6
/10
Toledo Elementary School
600 SE Sturdevant Rd
Distance between this listing and this school6.93 miles
Public District Grades KG-6
6
/10
Crestview Heights School
2750 Crestline Dr
Distance between this listing and this school15.64 miles
Public District Grades KG-8
5
/10
Taft Elementary School
4040 SE High School Dr
Distance between this listing and this school21.06 miles
Public District Grades 3-6
Assigned Schools
5
/10
Newport Middle School
322 NE Eads St
Distance between this listing and this school0.80 miles
Public District Grades 6-8
Nearby Schools
6
/10
Newport Intermediate School
825 NE 7th St
Distance between this listing and this school1.12 miles
Public District Grades 4-6
2
/10
Siletz Valley School
245 James Frank Ave Nw
Distance between this listing and this school9.32 miles
Public Charter Grades KG-8
Assigned Schools
2
/10
Newport High School
322 NE Eads St
Distance between this listing and this school0.80 miles
Public District Grades 9-12
Nearby Schools
1
/10
Toledo Jr. / Sr. High School
1800 NE Sturdevant Rd
Distance between this listing and this school6.75 miles
Public District Grades 7-12
3
/10
Siletz Valley Early College Academy
245 James Frank Ave Nw
Distance between this listing and this school9.32 miles
The neighbors living near this home have an average income of $63,056. Typical income of Newport, OR residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 538 SW Coast Hwy
What is the listing price of this property?
The listing price of 538 SW Coast Hwy property is $842,886.
What type of property is this?
The property 538 SW Coast Hwy is land located in Newport, Oregon, 97365.
Is this property for sale now?
Active Listing: 538 SW Coast Hwy is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 538 SW Coast Hwy are: Newport Middle School: GreatSchools Rating 5/10Newport High School: GreatSchools Rating 2/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $6,723 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 25, 2015 for $1,135,000. (source: MLS/tax record).
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This home is located at 538 SW Coast Hwy in Newport, OR and zip code 97365 in the Deco District neighborhood. This home sits on a 0.45 acre lot. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $842,886.
In April 2024 more than 0 listings in Newport, OR were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. The inventory of homes for sale in Newport, OR between March 2024 and April 2024 decreased by 9.1%. Listings spent 54 days on the market in April 2024, and had a median list price of $445,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.