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  • $240,000

    197 SE 123rd St, South Beach, OR 97366

    --beds
    0baths
    3.63Acres
    Land
    Built in ----
    3.63 Acres Lot
    $295,500 Zestimate®
    $--/sqft
    $2,649 Estimated rent

    Home value

    $295,500

    $245,000 - $352,000

    $2,649/mo

    Zestimate® history
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    What's special

    Rare Coastal Acreage with Shops, Creek, and Untapped Potential. Nestled just south of Newport and its vibrant amenities, this 3.63-acre forested property offers a private and inspiring setting beyond the coastal fog line. Towering evergreens, wild rhododendrons, and fruiting apple and kiwi trees create a lush natural backdrop, while a year-round creek adds a tranquil touch to this secluded retreat. Two versatile shops provide ample space for hobbies, storage, or future expansion-one thoughtfully designed with two RV bays to accommodate your coastal adventures or large-scale projects. While the existing manufactured home holds little to no value and may require removal or major renovations, the property itself is an oasis of opportunity-ready for your dream home or weekend getaway. earby beach access and a scenic state park day-use area offer convenient ways to enjoy the best of the Oregon Coast, just minutes from town. Seller is actively in the process of cleanup. Shown by appointment-please do not disturb.

    Zillow last checked:

    Listing updated:

    Listed by:

    Casey O'Callaghan 541-961-2653,

    Martek Real Estate

    Bought with:

    Unrepresented Buyer

    Unrepresented Buyer

    Source: OCMLS,MLS#: LC-104141MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Features
    • Has view: Yes
    • View description: Forest
    Lot
    • Size: 3.63 Acres
    • Features: Level, Rolling Slope, Sloped
    Details
    • Parcel number: 121106DC40000
    • Zoning description: R-1-A Residential

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Not Available, Water Connected

    Community & neighborhood

    Location
    • Region: South Beach

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Submit
    • Road surface type: Gravel

    Price history

    DateEventPrice
    9/23/2025Sold$240,000-2%
    Source: OCMLS #LC-104141 Report a problem
    9/6/2025Contingent$245,000
    Source: OCMLS #25-1342 Report a problem
    9/5/2025Listed for sale$245,000-14%
    Source: OCMLS #25-1342 Report a problem
    8/7/2025Contingent$285,000
    Source: OCMLS #25-1342 Report a problem
    6/13/2025Listed for sale$285,000
    Source: OCMLS #25-1342 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,176 +1.9%$166,830 +3%
    2023$2,135 $161,980

    Find assessor info on the county website

    Neighborhood: South Beach

    Nearby schools

    GreatSchools rating