Fully equipped, this Nye Sands oceanfront condominium is currently a successful vacation rental, managed by Sweet Homes Rentals, & the STR license can be transferred just with City approval! This third floor unit has elevator access from gated parking lot & assigned parking. Main floor living with full width balcony deck to take in the views from the Yaquina River jetty to the Yaquina Head lighthouse, with an additional bedroom & bath on the upper level. Great view with excellent beach access just down the hill & miles of sandy beach. In the heart of Nye Beach, close to shops, galleries, restaurants, & the arts centers, this the the place for making new family memories. Full time, part time, or vacation rental, you choose!
Closed
$640,000
507 NW Alpine St APT 302, Newport, OR 97365
2beds
2baths
1,173sqft
Condominium
Built in 1984
-- sqft lot
$611,800 Zestimate®
$546/sqft
$2,200 Estimated rent
Home value
$611,800
$514,000 - $728,000
$2,200/mo
Zestimate® history
Owner options
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$2,200/mo
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$2,200/mo
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$4,442/mo
Est. payment
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$4,442/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Timothy Myrick (541)265-2200,
Advantage Real Estate
Bought with:
Michele M Hallmark, 201235221
Coldwell Banker Professional Group - Newport
Source: OCMLS,MLS#: LC-104035
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Primary bedroom
- Description: Loft bedroom with view
Bedroom 2
- Description: Faces east
Bathroom
- Description: Mian floor bath
Bathroom
- Description: Tub/shower, stacked w/d
Kitchen
- Description: With breakfast bar
Living room
- Description: Ocean/beach view, balcony deck
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater
Features
- Vaulted Ceiling(s)
- Flooring: Carpet, Tile, Vinyl
- Windows: Window Treatments
- Furnished: Yes
Interior area
- Total structure area: 1,173
- Total interior livable area: 1,173 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
Details
- Additional structures: None
- Parcel number: 111105CC9501800
- Zoning description: C-2 Tourist Commercial (Newport)
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
Materials
- Concrete
- Foundation: Concrete Perimeter, Slab
- Roof: Composition,Membrane
Condition
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Available, Water Available
Community & neighborhood
Location
- Region: Newport
- Subdivision: Nye Sands Condo
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $567 monthly
- Services included: Insurance, Maintenance Grounds, Sewer, Trash, Water, Property Taxes for Common Areas, Utilities
Other
Other facts
- Listing terms: 1031 Exchange,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2025 | Sold | $640,000-5.2%$546/sqft |
Source:  OCMLS #LC-104035 Report a problem | ||
| 10/24/2025 | Pending sale | $675,000$575/sqft |
Source: OCMLS #25-1293 Report a problem | ||
| 9/10/2025 | Contingent | $675,000$575/sqft |
Source: OCMLS #25-1293 Report a problem | ||
| 6/7/2025 | Listed for sale | $675,000+159.6%$575/sqft |
Source: OCMLS #25-1293 Report a problem | ||
| 8/15/2013 | Sold | $260,000+62.5%$222/sqft |
Source: OCMLS #LC-70576 Report a problem | ||
| 7/29/2008 | Sold | $160,000$136/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,544 +2.4% | $259,620 +3% |
| 2023 | $4,437 +3.2% | $252,060 +3% |
| 2022 | $4,300 -1.3% | $244,720 +3% |
| 2021 | $4,357 +5.6% | $237,600 +3% |
| 2020 | $4,126 | $230,680 +3% |
| 2019 | -- | $223,970 +3% |
| 2018 | $3,946 | $217,450 |
Find assessor info on the county website
Neighborhood: 97365
Nearby schools
GreatSchools rating
- 5/10Sam Case ElementaryGrades: 3-5Distance: 0.9 mi
- 3/10Newport Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10Newport High SchoolGrades: 9-12Distance: 0.8 mi
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- Oregon
- Lincoln County
- Newport
- 97365
- 507 NW Alpine St Apartment 302
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