701 NW 1st Street, Newport, OR 97365 (MLS# LC-101347)


$779,000
701 NW 1st Street
Newport, OR 97365
MLS# LC-101347
Status: Closed
3 beds  |  2.5 baths  |  1871 sqft


701 NW 1st Street
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701 NW 1st Street Proximity Aerial Proximity Aerial 2 Living Room Virtually Staged. Living Room & Dining Room Virtually Staged Living Room & Dining Room Virtually Staged Kitchen Kitchen Detail Kitchen Detail Kitchen Detail Kitchen View 2 Half Bathroom Kitchen Kitchen Dining Room Virtually Staged Dining Room and Staircase Living Room & Foyer Upstairs Hallway Primary Bedroom Virtually Staged Primary Bedroom Virtually Staged Ensuite Bathroom Ensuite Bathroom Primary Closet Primary Bedroom Virtually Staged Deck & Views Hallway Guest Bedroom 1 Guest Bedroom 1 Guest Bedroom 1 Guest Bathroom Guest Bathroom Detail Guest Bathroom Utility Room Utility Room Hallway Guest Bedroom 2 Guest Bedroom 2 Guest Bedroom 2 Floor 1 1st Street Floor 2 1st Street Garage View 1 Garage View 2 Exterior 1 Exterior Aerial Aerial Plat Proximity Aerial

Property Description
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).

Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2024-07-19
Purchase Contract Date: 2024-06-12
Close Date: 2024-07-19
Close Price: 779000
Contract
Permissible for Vacation Rental: Unknown
Current Price: $779,000
Status: Closed
Begin Date: 2024-06-03
Sold Price: $779,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax & Legal
CC&R's: Yes
Association/Community
Senior Community YN: No
Interior
Basement YN: No
Fireplace YN: Yes
Main Floor Living: No
Bedrooms Total: 3
Bathrooms Total: 2.5
Living Area: 1871
Lot
Lot Size Dimensions: 45' x 55'
View YN: Yes
Lot Size Acres: 0.06
Lot Size Square Feet: 2613.6
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Frontage/View Remarks: Ocean View from Primary Bedroom and Deck., Specially Assessed: No
Appliances
Dishwasher: 1
Gas Oven: 1
Gas Range: 1
Microwave: 1
Refrigerator: 1
Water Heater: 1
Architectural Style
Contemporary: 1
Building and Property Details
Exterior Color: Grey
Construction Materials
Concrete: 1
Cooling
Ductless: 1
Heat Pump: 1
Fireplace Features
Gas: 1
Flooring
Vinyl: 1
Foundation Details
Concrete Perimeter: 1
Heating
Forced Air: 1
Interior Features
Vaulted Ceiling(s): 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Lock Box Type
LCBR Lock Box: 1
Other Structures
None: 1
Outdoor Living Spaces Features
Covered Porch: 1
Deck: 1
Parking Features
Attached Garage: 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
Tankless: 1
Water Source
Public: 1
Additional Tax and Location Information
Additional Subdivision Info: Stewarts Blocks
Highway 101: West Side
Neighborhood Code: N51I
Property Tax ID #: R33267
Subdivision Block: ORIG 5
Subdivision Parcel/Lot: 13
Tax District: 104
Showing Requirements
Appointment Only: 1
Lockbox: 1
Room Types
Bathroom: 1
Bathroom Level: First
Bedroom 2: 1
Bedroom 2 Level: First
Bedroom 3: 1
Bedroom 3 Level: First
Dining Room: 1
Dining Room Level: First
Half Bathroom: 1
Half Bathroom Level: First
Kitchen: 1
Kitchen Level: First
Living Room: 1
Living Room Level: First
Primary Bedroom: 1
Primary Bedroom Level: First
Utility Room: 1
Utility Room Level: First
Historical Details
Historical MLS Number: 24-1193
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Single Family Residence
Address
Street Number: 701
Street Direction Prefix: NW
Street Name: 1st
Street Suffix: Street
County: Lincoln
State: OR
Postal Code: 97365
Directions: From Hwy 101, turn west onto W Olive St (at the intersection), then turn right onto NW Coast St. Take the first left onto NW First St. Property is on the left (corner of NW Coast & NW First).
Cross Street: NW Coast Street
Parcel Number: 111108BB-8600-00
Tax Legal
Subdivision Name: N/A
Tax Annual Amount: 5534.94
Tax Year: 2023
Zoning: C-2 General Commercial
Tax Lot: 8600
Tax Map Number: 111108BB
Parking Information
Garage YN: 1
Garage Spaces: 1
Building
New Construction YN: 1
Year Built: 2022
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Water Available; Electricity Connected; Natural Gas Connected; Water Available
Appliances: Dishwasher; Gas Oven; Gas Range; Microwave; Refrigerator; Water Heater
Architectural Style: Contemporary
Construction Materials: Concrete
Cooling: Ductless; Heat Pump
Fireplace Features: Gas
Flooring: Vinyl
Foundation Details: Concrete Perimeter
Heating: Forced Air
Interior Features: Vaulted Ceiling(s)
Levels: Two
Listing Terms: Cash; Conventional
Lock Box Type: LCBR Lock Box
Other Structures: None
Outdoor Living Spaces Features: Covered Porch; Deck
Parking Features: Attached Garage
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Composition
Sewer: Public Sewer
Water Body Type: Ocean
Water Heater: Tankless
Water Source: Public
Showing Requirements: Appointment Only; Lockbox
Room Types: Bathroom; Bedroom 2; Bedroom 3; Dining Room; Half Bathroom; Kitchen; Living Room; Primary Bedroom; Utility Room
Room Information
Room Name Level Remarks
Living RoomMainOpen Plan. Gas Fireplace.
Dining RoomMainBetween Living & Kitchen, Buffet Cabinets.
KitchenMainIsland with bar, pantry, stainless appliances.
Primary BedroomSecondPrimary with ensuite, deck access & ocean views..
BathroomSecondFull ensuite bathroom with walk-in-closet.
BathroomSecondFull Guest Bath.
Bedroom 2SecondGuest Bedroom 1.
Bedroom 3SecondGuest Bedroom 3. Deck access. Ocean view.
Utility RoomSecondW/D Hookups, sink, linen closet.

Listing Office: Martek Real Estate
Source MLS Verified

Office Phone: 541-265-8785

Office Email: office@martekrealestate.com

Last Updated: December - 13 - 2025

Information deemed reliable but not guaranteed.