Coastal Charm in the Heart of Historic Nye Beach. This stylish cottage offers ocean views in an unbeatable location close to the beach and the vibrant Performing Arts Center. This home blends modern comfort with timeless coastal charm. Built in 2019 and beautifully maintained, this 3 bed/3 bath home has 1,668 square feet of well designed living space. The main level features an inviting open layout, ideal for entertaining, and a luxurious walk-in soaking tub for ultimate comfort. Upstairs, you'll find a private studio with a kitchenette, laundry, and ocean views — perfect for guests, a creative retreat, or rental potential. Outside, the beautifully landscaped yard enhances the cottage's serene coastal vibe, making it a true sanctuary. Close to shops, restaurants, and art Galleries.
Closed
$705,000
721 NW 1st St, Newport, OR 97365
3beds
3baths
1,668sqft
Single Family Residence
Built in 2019
2,613 Square Feet Lot
$675,300 Zestimate®
$423/sqft
$2,866 Estimated rent
Home value
$675,300
$567,000 - $804,000
$2,866/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Sonja S. Lovas 541-961-3866,
Martek Real Estate,
Steve Lovas 541-283-3040,
Martek Real Estate
Bought with:
Doretta L Smith, 200707030
Martek Real Estate
Source: OCMLS,MLS#: LC-104947
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Cooling
- Ductless, Heat Pump
Appliances
- Included: Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer, Water Heater
Features
- Flooring: Carpet, Other, Vinyl
- Windows: Window Treatments
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Electric
Interior area
- Total structure area: 1,668
- Total interior livable area: 1,668 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Porch
Lot
- Size: 2,613 Square Feet
Details
- Parcel number: 111108BB840000
- Zoning description: C-2 General Commercial
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Concrete
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Available, Water Available
Community & HOA
Community
- Subdivision: Stewarts - Coast View Yaquina
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $423/sqft
- Tax assessed value: $683,420
- Annual tax amount: $6,316
- Date on market: 10/7/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2025 | Sold | $705,000-2.8%$423/sqft |
Source:  OCMLS #LC-104947 Report a problem | ||
| 10/14/2025 | Contingent | $725,000$435/sqft |
Source: OCMLS #25-2242 Report a problem | ||
| 10/7/2025 | Listed for sale | $725,000+64.8%$435/sqft |
Source: OCMLS #25-2242 Report a problem | ||
| 12/20/2019 | Sold | $440,000$264/sqft |
Source: OCMLS #LC-89466 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,127 +2.4% | $350,050 +3% |
| 2023 | $5,983 +3.2% | $339,860 +3% |
| 2022 | $5,799 -1.3% | $329,970 +3% |
| 2021 | $5,874 +5.6% | $320,360 +3% |
| 2020 | $5,563 | $311,030 +355.2% |
| 2019 | -- | $68,330 +3% |
| 2018 | $1,204 | $66,340 +3% |
| 2017 | $1,204 +3.1% | $64,410 +3% |
| 2016 | $1,168 | $62,540 +3% |
| 2015 | $1,168 +11.8% | $60,720 -2% |
| 2010 | $1,045 +3.1% | $61,930 +6.1% |
| 2009 | $1,013 +1.7% | $58,380 |
| 2008 | $996 +3.5% | $58,380 +6.1% |
| 2007 | $962 | $55,030 |
Find assessor info on the county website
Neighborhood: 97365
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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
- 721 NW 1st St
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