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  • $470,000

    701 NW Coast St APT 205, Newport, OR 97365

    1beds
    2baths
    694sqft
    Condominium
    Built in 1983
    -- sqft lot
    $433,100 Zestimate®
    $677/sqft
    $1,666 Estimated rent

    Home value

    $433,100

    $364,000 - $515,000

    $1,666/mo

    Zestimate® history
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    What's special

    Discover the ultimate coastal retreat in Nye Beach—a rare oceanfront condo offering a transferable short-term rental permit. This exceptional property showcases sweeping panoramic ocean views, extending to the iconic Yaquina Lighthouse, providing an unparalleled seaside living experience. Just steps to the sand and sea out back. Designed for versatility, this condo is ideal as a full-time residence, a vacation home, or an investment property. Located in the vibrant Nye Beach neighborhood, you'll enjoy proximity to boutique shops, renowned restaurants, scenic parks, art galleries, and the Performing Arts Center. Private access to miles of sandy beaches and exclusive amenities, including a pool and hot tub, enhance the lifestyle offered by... this premier location. This property is currently income generating. The condo comes fully furnished with elegant, handcrafted pieces by local artisans, making it completely turn-key. Whether you're seeking a private coastal retreat or a property with income-generating potential, this opportunity combines luxury, convenience, and functionality. Brand new appliances and updates in 2023. Experience coastal living at its finest, schedule your private showing today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cheryl Swan 541-961-4868,

    Martek Real Estate

    Bought with:

    Judith Vial, 201231547

    Coldwell Banker Professional Group - Lincoln City

    Source: OCMLS,MLS#: LC-102486MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Appliances
    • Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Water Heater
    Features
    • Flooring: Tile, Vinyl
    • Windows: Window Treatments
    • Furnished: Yes
    Interior area
    • Total structure area: 694
    • Total interior livable area: 694 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • On waterfront: Yes
    Details
    • Additional structures: None
    • Parcel number: 111105CC9401700
    • Zoning description: C-2 Tourist Commercial (Newport)

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Other
    • Property subtype: Condominium
    Materials
    • T1-11 Type
    • Foundation: Combination
    • Roof: Composition
    Condition
    • Year built: 1983

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Pacific Crest Condo
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Maintenance Grounds, Sewer, Trash, Water, Property Taxes for Common Areas, Utilities
    • HOA fee: $345 monthly
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $677/sqft
    • Tax assessed value: $478,510
    • Annual tax amount: $3,086
    • Date on market: 11/1/2024
    • Listing terms: 1031 Exchange,Cash,Conventional,Submit
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/31/2025Sold$470,000-4.1%$677/sqft
    Source: OCMLS #LC-102486 Report a problem
    1/15/2025Contingent$490,000$706/sqft
    Source: OCMLS #24-2364 Report a problem
    12/20/2024Price change$490,000-4.9%$706/sqft
    Source: OCMLS #24-2364 Report a problem
    11/1/2024Listed for sale$515,000+186.1%$742/sqft
    Source: OCMLS #24-2364 Report a problem
    7/12/2017Sold$180,000-20%$259/sqft
    Source: OCMLS #LC-81413 Report a problem
    11/9/2007Sold$225,000$324/sqft
    Source: OCMLS #07-2004 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,131 +2.1%$180,420 +3%
    2024$3,066 +2.4%$175,170 +3%
    2023$2,994 +3.2%$170,070 +3%
    2022$2,902 -1.3%$165,120 +3%
    2021$2,940 +5.6%$160,320 +3%
    2020$2,784 $155,660 +3%
    2019-- $151,130 +3%
    2018$2,663 $146,730 +3%
    2017$2,663 +3.1%$142,460 +3%
    2016$2,583 $138,320 +3%
    2015$2,583 +10.3%$134,300 +3%
    2014$2,341 $130,390 +3%
    2013$2,341 +9.9%$126,600 +3%
    2012$2,131 +3.2%$122,920 +3%
    2011$2,066 +2.6%$119,340
    2010$2,013 +3.1%$119,340 +6.1%
    2009$1,952 +1.7%$112,500
    2008$1,920 +3.5%$112,500 +6.1%
    2007$1,855 $106,050
    Find assessor info on the county website

    Neighborhood: 97365

    Nearby schools

    GreatSchools rating
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