Newport - Beach Property For Sale #6864656

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!