Perched in the desirable Bay Knoll Condominiums, this inviting coastal retreat offers spectacular panoramic views overlooking Newport's Historic Bayfront and beautiful Yaquina Bay. Relax from your private vantage point as you watch the NOAA research vessels, commercial fishing boats, and charter fleets come and go, while the resident sea lions and seals provide endless entertainment below. The ever-changing waterfront scene provides a truly unforgettable coastal backdrop. Inside, you'll find a beautifully remodeled kitchen featuring granite countertops, updated cabinetry, and a functional layout that's perfect for everyday living or entertaining. The remodeled bathroom offers a stylish walk-in shower, creating a fresh, modern retreat. Just moments from Newport's vibrant Historic Bayfront, you'll enjoy easy access to outstanding restaurants, local shops, art galleries, and waterfront attractions. Whether you're looking for a full-time residence, a weekend getaway, or an investment opportunity, this Bay Knolls condo combines updated interior finishes with breathtaking bay views and the charm of one of the Oregon Coast's most treasured destinations.
Pending
$390,000
1212 SW Lee St APT 5, Newport, OR 97365
2beds
852sqft
Condominium
Built in 1968
-- sqft lot
$372,700 Zestimate®
$458/sqft
$500/mo HOA
What's special
Stylish walk-in showerBeautifully remodeled kitchenRemodeled bathroomUpdated cabinetryEver-changing waterfront sceneBreathtaking bay viewsPrivate vantage point
- 58 days
- 383
- 11
Zillow last checked:
Listing updated:
Listed by:
Victoria M Strauss 541-632-5299,
Martek Real Estate
Source: OCMLS,MLS#: 26-1889
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Dryer, Disposal, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater
- Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
Features
- Eat-in Kitchen, No Interior Steps
- Flooring: Carpet
- Windows: Double Pane Windows, Window Treatments, Vinyl Frames, Blinds
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove
- Furnished: Yes
Interior area
- Total structure area: 852
- Total interior livable area: 852 sqft
- Finished area above ground: 852
- Finished area below ground: 0
Property
Parking
- Parking features: Additional Parking, Off Street, Paved
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Bridge(s), Bay, Ocean
- Has water view: Yes
- Water view: Bay,Ocean
Lot
- Size: 2,178 Square Feet
Details
- Additional structures: Shed(s)
- Parcel number: 111108AC9000500
- Zoning description: R-4 Residential
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
Materials
- Shake Siding
- Foundation: Concrete Perimeter
- Roof: Membrane
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Bay Knoll Condo
HOA
- Has HOA: Yes
- Amenities included: None
- Services included: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water, Property Taxes for Common Areas
- HOA fee: $500 monthly
- HOA name: Bay Knoll Condo
- HOA phone: 541-485-6991
Location
- Region: Newport
Financial & listing details
- Price per square foot: $458/sqft
- Tax assessed value: $352,500
- Annual tax amount: $3,062
- Date on market: 7/9/2026
- Listing terms: 1031 Exchange,Cash,Conventional,Submit
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$372,700
$354,000 - $391,000
$1,837/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Pending sale | $390,000$458/sqft |
Source:  OCMLS #26-1889 Report a problem | ||
| 7/9/2026 | Listed for sale | $390,000+200%$458/sqft |
Source: OCMLS #26-1889 Report a problem | ||
| 4/22/2015 | Sold | $130,000-13.3%$153/sqft |
Source: OCMLS #LC-70799 Report a problem | ||
| 4/17/2015 | Pending sale | $150,000$176/sqft |
Source: Dolphin Real Estate, LLC #13-3175 Report a problem | ||
| 4/17/2015 | Listed for sale | $150,000$176/sqft |
Source: Dolphin Real Estate, LLC #13-3175 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,970 +2.1% | $171,140 +3% |
| 2024 | $2,908 +2.4% | $166,160 +3% |
| 2023 | $2,840 +3.2% | $161,330 +3% |
| 2022 | $2,753 -1.3% | $156,640 +3% |
| 2021 | $2,789 +5.6% | $152,080 +3% |
| 2020 | $2,641 | $147,660 +3% |
| 2019 | -- | $143,360 +3% |
| 2018 | $2,526 | $139,190 +3% |
| 2017 | $2,526 +3.1% | $135,140 +3% |
| 2016 | $2,451 | $131,210 +3% |
| 2015 | $2,451 +10.3% | $127,390 +3% |
| 2014 | $2,221 | $123,680 +3% |
| 2013 | $2,221 +9.9% | $120,080 +3% |
| 2012 | $2,022 +3.2% | $116,590 +3% |
| 2011 | $1,960 +2.6% | $113,200 |
| 2010 | $1,910 +3.1% | $113,200 +6.1% |
| 2009 | $1,851 +1.7% | $106,710 |
| 2008 | $1,821 +3.5% | $106,710 +6.1% |
| 2007 | $1,759 | $100,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 97365
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