2005 NW Oceanview Drive, Newport

2005 NW Oceanview Drive, Newport
In Contract

Rental income property!

2,905 +/- SF beach front vacation home with 3 bedrooms and 2.5 baths in beautiful Newport Oregon on 1.2 acres with unobstructed ocean views! Poised 100 feet above the Pacific Ocean with a 160 degree views from Yaquina Head lighthouse South, the home is walking distance to wonderful Nye beach and retail shops including several restaurants, Irish Brew Pubs, and designer boutiques. 

This home is one of the few properties that has direct secure beach access without driving to a parking lot or wayside area. The path is a garden setting with creek, flora and fauna and is well maintained with stairs and handrails. The home has deeded and locked access to the sandy beach below. 

Come sit in the hot tub with a glass of wine and take in the fresh air. Home is currently managed by Vacasa, with strong rental income.  

Showings are by appointment only, please contact listing broker Collier Ehlers or Brian Fratzke for more information.

Property Details

Sale Price $849,000
2005 NW Oceanview Drive
Newport, OR 97365

MLS#: 201711449
Property Type: Land
Building Square Feet: 2,905 +/-
CAP Rate: 6.81
Lot Size: 1.2 Acres
Year Built: 1995
Zoning: R1
Procurement Fee / Broker Commission: 2.5%

Status: In Contract