Water Views - Seller Financing
Address
551 Sw 4th Street, Newport, OR
Price
$ 499,000
Property Attributes
  • MLS#262360
  • TypeSingle Family
  • Listing Status Active
  • CountyLINCOLN
  • CityNewport
  • NeighborhoodBayley and Cases
  • Zip97365
  • StyleCottage
  • Year Built1935
  • Taxes$ 4479
  • Price$ 499,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage996
  • Lot Size0.44 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property Description

What an AMAZING opportunity for the right buyer! Whitewater OCEAN VIEWS overlooking the Jetty and the boats coming in and watching the waves crash against the beach. If you built a new home here, Lighthouse views are very possible. This property includes (4) 50' x 100' R4 and R3 zoned lots with Ocean views totaling .44 of an acre. Existing cottage can be finished if you are dreaming of that beach cottage that is in the Nye Beach area without the Nye Beach Architectural construction guidelines. All city services. You could build multiple 4-plexes, condos, townhomes or a brand-new custom home perched on top of your own Ocean vista. Very rare find in Newport right across the street from the beach access. Seller will owner carry with approx. 20% down payment and acceptable terms/conditions. Please do not drive-up driveway.

Price History
8/28/2026 Listed $499,000

General Features

Heating None
Cooling None
Utilities Electricity Connected,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Composition
Appliances None
Zoning R-4 Residential
Architectural Style Cottage
Year Built 1935
Electric 200+ Amp Service
View Ocean,Other
Property Subtype Single Family Residence
Tax Year 2025
Additional Parcels Description Includes tax lot 3100,3400,3500,3600
County Lincoln
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Bayley and Case's
Garage Y/N No
Other Structures None
Total Rooms 4
Status Active
Directions Hwy 101 to SW Angle to SW 2nd Street. to SW 4th Street to property/sign.
City Newport
Senior Community Y/N No
Lot Size Units Acres
Lot Size Square Feet 19166.4
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 4479.19
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
Year Built Source Assessor

Interior Features

Interior Amenities Other
Flooring Other
Furnished Y/N Unfurnished
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Above Grade Finished Area 996.0
Total Bedrooms 1
Below Grade Finished Area 0.0
Total Baths 1

Exterior Features

Lot Features City Lot,Corner Lot
Water Source Public
Lot Size Area 0.44
Foundation Details Pillar/Post/Pier
Spa No
Building Area Total 996.0
Lot Dimensions 200x100
Lot Size Acres 0.44
Road Surface Type Asphalt
Road Frontage Type City Street
Other Equipment None
Crops Included Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97365

Price
AVG $480K
$500K
Taxes
AVG $3,667
$4,479
Year Built
AVG 1981
1935
Visits
AVG 33
3
Data Provided by Inside Real Estate®