Closed

$779,000

701 NW 1st St, Newport, OR 97365

3beds

3baths

1,871sqft

Single Family Residence

Built in 2022

2,613 Square Feet Lot

$742,200 Zestimate^®

$416/sqft

$3,039 Estimated rent

Home value

$742,200

$705,000 - $779,000

$3,039/mo

Zestimate^® history

Owner options

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$3,039/mo

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$3,039/mo

Rent Zestimate^®

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$4,720/mo

Est. payment

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$4,720/mo

Est. payment

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What's special

Location, location, location! New Construction in Newport's Nye Beach District! Corner Lot within a few blocks of Shops, Restaurants, Beach Access, and The Performing Arts Center. Main floor features an open foyer, living room with Gas Fireplace, dining room, and kitchen with Island, Stainless Steel Appliances, and pantry. Large Windows and Vaulted Ceilings provide an abundance of natural light. Retreat to the Upstairs Deck and enjoy sunsets overlooking Nye Beach and the Pacific Ocean. Primary and secondary bedrooms have Ocean Views & deck access. Commercial zoning creates the opportunity for a number of uses. Put the property on Newport's waitlist for a short term rental license, use it as a second home, full time residence, live-work space, or business (buyer due-diligence).

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Primary bedroom

Description: Primary with ensuite, deck access & ocean views..

Bedroom 2

Description: Guest Bedroom 1.

Bedroom 3

Description: Guest Bedroom 3. Deck access. Ocean view.

Bathroom

Description: Full ensuite bathroom with walk-in-closet.

Bathroom

Description: Full Guest Bath.

Dining room

Description: Between Living & Kitchen, Buffet Cabinets.

Kitchen

Description: Island with bar, pantry, stainless appliances.

Living room

Description: Open Plan. Gas Fireplace.

Utility room

Description: W/D Hookups, sink, linen closet.

Heating

Has Heating (Unspecified Type)

Cooling

Ductless, Heat Pump

Appliances

Included: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater

Features

Vaulted Ceiling(s)
Flooring: Vinyl
Has basement: No
Has fireplace: Yes
Fireplace features: Gas

Interior area

Total structure area: 1,871
Total interior livable area: 1,871 sqft

Property

Parking

Total spaces: 1
Parking features: Attached Garage
Garage spaces: 1

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Covered Porch

Lot

Size: 2,613 Square Feet
Dimensions: 45' x 55'

Details

Additional structures: None
Parcel number: 111108BB860000
Zoning description: C-2 General Commercial

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Single Family Residence

Materials

Concrete
Foundation: Concrete Perimeter
Roof: Composition

Condition

New construction: Yes
Year built: 2022

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Water Available

Community & HOA

HOA

Has HOA: No

Location

Region: Newport

Financial & listing details

Price per square foot: $416/sqft
Annual tax amount: $5,534
Date on market: 6/3/2024
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
7/19/2024	Sold	$779,000-2.5%$416/sqft
Source: OCMLS #LC-101347 Report a problem
6/14/2024	Contingent	$799,000$427/sqft
Source: OCMLS #24-1193 Report a problem
6/3/2024	Listed for sale	$799,000-7%$427/sqft
Source: OCMLS #24-1193 Report a problem
2/13/2024	Listing removed	--
Source: OCMLS #23-1169 Report a problem
10/21/2023	Price change	$859,000-3.5%$459/sqft
Source: OCMLS #23-1169 Report a problem
8/21/2023	Price change	$890,000-10.9%$476/sqft
Source: OCMLS #23-1169 Report a problem
6/17/2023	Listed for sale	$999,000+668.5%$534/sqft
Source: OCMLS #23-1169 Report a problem
6/2/2020	Sold	$130,000-6.5%$69/sqft
Source: OCMLS #LC-89991 Report a problem
3/11/2020	Pending sale	$139,000$74/sqft
Source: Ocean Equity Real Estate & Investments, LLC #20-164 Report a problem
3/8/2020	Price change	$139,000+7.8%$74/sqft
Source: Ocean Equity Real Estate & Investments, LLC #20-164 Report a problem
2/24/2020	Price change	$129,000-7.2%$69/sqft
Source: Ocean Equity Real Estate & Investments, LLC #20-164 Report a problem
2/5/2020	Price change	$139,000-6.7%$74/sqft
Source: Ocean Equity Real Estate & Investments, LLC #20-164 Report a problem
1/28/2020	Price change	$149,000-77%$80/sqft
Source: Ocean Equity Real Estate & Investments, LLC #20-164 Report a problem
12/28/2019	Listed for sale	$649,000+332.7%$347/sqft
Source: Ocean Equity Real Estate & Investments, LLC #19-2955 Report a problem
10/2/2019	Listing removed	$150,000$80/sqft
Source: Ocean Equity Real Estate & Investments, LLC #19-1841 Report a problem
8/25/2019	Price change	$150,000-11.2%$80/sqft
Source: Ocean Equity Real Estate & Investments, LLC #19-1841 Report a problem
7/15/2019	Listed for sale	$169,000+53.6%$90/sqft
Source: Ocean Equity Real Estate & Investments, LLC #19-1841 Report a problem
7/5/2018	Sold	$110,000$59/sqft
Source: OCMLS #18-1363 Report a problem