118 SW Brook St, Newport, OR 97365

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
118 SW Brook St,Newport, OR 97365
$325,000
  • 3 Beds
  • 1 Baths
  • 995 sq. ft.
  • Single family
  • Pending
Listed by:gina bebek
Office:realty one group at the beach
MLS#:604735773
Source:PORTLAND

Price summary

  • Price:$325,000
  • Price per sq. ft.:$326.63

About this home

Investor alert in prime Nye Beach location! Zoned R4, this 0.14-acre lot offers development potential—build a motel, lodge, clinic, office, or multi-unit housing. The current 3 bed, 1 bath home uses half the lot—develop the other half or expand upward to capture the ocean views. Enclose the unfinished basement for added living space or rebuild the detached garage for storage or ADU potential. Updated electric panel (approx. 3 years ago). Just blocks from shops, restaurants, and the beach. Ocean views from main level—stunning views possible from upper floors. Endless options in a high-demand coastal zone. This is a rare find with major upside in Newport's sought-after Nye Beach District! Buyer to confirm permitted uses, building or remodeling guidelines and restrictions, with the county.

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Home facts

  • Year built:1915
  • Listing Id #:604735773
  • Added:69 day(s) ago
  • Updated:August 14, 2025 at 07:17 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:995 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1915
  • Building area:995 sq. ft.
  • Lot area:0.14 Acres

Schools

  • High school:Newport
  • Middle school:Newport
  • Elementary school:Yaquina View

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$325,000
  • Price per sq. ft.:$326.63
  • Tax amount:$2,230 (2024)
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