$1,193,500
Newport, OR 97365
MLS# LC-102849
Status: Closed
8 beds | 8 baths | 4550 sqft
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Property Description
Welcome to Nye Beach Townhomes! Rare in Newport--Turn key Vacation Rental business with 4 transferrable Short-Term Rental licenses. 4 nicely appointed units, each 2 bed, 1.5 bath with full kitchen, covered decks, and just steps to the beach on a paved walkway. Average annual gross of 147K/year for the last 4 years. Great Nye Beach location with easy access to beaches, shopping, restaurants, and Bayfront District. Adjacent to Coast Park, playground and Performing Arts Center. Large 0.23 AC lot, newly paved with 8 marked parking spots and EV charger. Each unit sleeps 6 with king beds in each bedroom and a sleeper sofa in the living area. Tons of storage closets including 2 walk-ins. Buyer to honor existing bookings. Sold furnished. Listing agent is related to sellers.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2025-05-16
Purchase Contract Date: 2025-03-22
Close Date: 2025-05-15
Close Price: 1193500
Contract
Permissible for Vacation Rental: Unknown
Current Price: $1,193,500
Status: Closed
Begin Date: 2025-01-18
Sold Price: $1,193,500
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax & Legal
CC&R's: No
Association/Community
Senior Community YN: No
Interior
Basement YN: No
Main Floor Living: No
Bedrooms Total: 8
Bathrooms Total: 8
Living Area: 4550
Building
Year Built Details: Gutted 2013
Year Built: 1969
Lot
Lot Size Dimensions: 99 x 100
View YN: Yes
Lot Size Acres: 0.23
Lot Size Square Feet: 10018.8
Utilities
Electricity Connected: 1
Natural Gas Not Available: 1
Water Connected: 1
Remarks
Lincoln Public Historical Details: Frontage/View Remarks: Ocean view from inside North unit only, Specially Assessed: No, Sq Ft Remarks: For all 4 units
Appliances
Dishwasher: 1
Dryer: 1
Electric Oven: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Water Heater: 1
Building and Property Details
Washer/Dryer Type: Electric
Construction Materials
Concrete: 1
Flooring
Other: 1
Foundation Details
Concrete Perimeter: 1
Heating
Electric: 1
Zoned: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Outdoor Living Spaces Features
Deck: 1
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Sewer
Public Sewer: 1
Water Body Type
Ocean: 1
Water Heater
Electric: 1
Water Source
Public: 1
Window Features
Window Treatments: 1
Unit Four
Unit Number: 139
Beds Total: 2
Baths Total: 1
Living Area: 1137
Furnished: Furnished
Parking Spaces: 2
Unit Description: Ocean view from w/in
Unit One
Unit Number: 129
Beds Total: 2
Baths Total: 1
Living Area: 1137
Furnished: Furnished
Parking Spaces: 2
Unit Three
Unit Number: 137
Beds Total: 2
Baths Total: 1
Living Area: 1137
Furnished: Furnished
Parking Spaces: 2
Unit Two
Unit Number: 133
Beds Total: 2
Baths Total: 1
Living Area: 1137
Furnished: Furnished
Parking Spaces: 2
Additional Tax and Location Information
Highway 101: West Side
Neighborhood Code: N51M
Property Tax ID #: R245998
Tax District: 104
Showing Requirements
Appointment Only: 1
Restricted Hours: 1
Historical Details
Historical MLS Number: 25-89
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Multi Family
Address
Street Number: 129-139
Street Direction Prefix: SW
Street Name: Dolphin
Street Suffix: Street
County: Lincoln
State: OR
Postal Code: 97365
Directions: Hwy 101 in Newport, west on Olive, south on Coast, west on 2nd, north on Dolphin to property on right. No sign.
Cross Street: SW 2nd St
Parcel Number: 111108BB-17400-00
Tax Legal
Subdivision Name: Barlow Blocks
Tax Annual Amount: 12017.69
Tax Year: 2024
Zoning: C-2 General Commercial
Tax Lot: 17400
Tax Map Number: 111108BB
AssociationCommunity
Number of Units: 4
Parking Information
Parking Total: 8
Property Features
Utilities: Electricity Connected; Natural Gas Not Available; Water Connected; Electricity Connected; Natural Gas Not Available; Water Connected
Appliances: Dishwasher; Dryer; Electric Oven; Electric Range; Microwave; Refrigerator; Washer; Water Heater
Construction Materials: Concrete
Flooring: Other
Foundation Details: Concrete Perimeter
Heating: Electric; Zoned
Levels: Two
Listing Terms: Cash; Conventional
Outdoor Living Spaces Features: Deck
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Composition
Sewer: Public Sewer
Water Body Type: Ocean
Water Heater: Electric
Water Source: Public
Window Features: Window Treatments
Showing Requirements: Appointment Only; Restricted Hours
Floor Plan (one unit) Listing Office: Cascade Hasson SIR
Office Email: ginger.burke@cascadehasson.com
Last Updated: February - 17 - 2026
Information deemed reliable but not guaranteed.