Active
5,227 Lot Size0.12 Acres
502 SW 3rd St, Newport, OR 97365
Est: $1,384/moGet pre-approved
LandProperty Type
0.12 acresLot Size

Description

Create your coastal lifestyle home on this centrally located lot in the City of Newport on the Oregon Coast. Take advantage of the development potential of this level lot that is ideal for a primary residence, vacation retreat or investment multi-unit dwelling. Relax at the beach with nearby access at Don & Ann Davis Park. The Newport Performing Arts Center is just over a block away. Restaurants and the Nye Beach Commercial District are around the corner. The Yaquina Bay Viewpoint, the Bayfront District...Create your coastal lifestyle home on this centrally located lot in the City of Newport on the Oregon Coast. Take advantage of the development potential of this level lot that is ideal for a primary residence, vacation retreat or investment multi-unit dwelling. Relax at the beach with nearby access at Don & Ann Davis Park. The Newport Performing Arts Center is just over a block away. Restaurants and the Nye Beach Commercial District are around the corner. The Yaquina Bay Viewpoint, the Bayfront District and medical facilities are less than a mile away. Fishing, crabbing, whale watching, kayaking, biking and boating are just some of the activities to enjoy. Breathtaking sunsets, fresh ocean breezes and the sounds of the surf and the opportunity to make your dream a reality.
Days on Market Listed Today
  • Listed by: Ed Tanabe • Emerald Coast Realty-Seal Rock
Last updated: 09/28/2026 03:43 PM • Source: RMLS, MLS#: 228652774

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$1,384 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,276

Property Taxes

$108

HOA Dues

$0

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Property Information for 502 Southwest 3rd Street

Property Details
  • Taxes: $1,301 / year
  • MLS Type: Land / Single Family Residence
  • Zoning: R3
  • View: Ocean
Building Information
  • Lot Size: 0.12 AC
Summary
Location and General Information
  • Country: US
  • Directions: Hwy 101, West on SW Angle, veer left on 2nd, west to 3rd, lot on southwest corner of 2nd & 3rd.
  • Road Surface: Paved
School Information
  • Elementary School: Yaquina View
  • High School: Newport
  • Middle Or Junior School: Newport
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $1,300.60
  • Parcel Number: R501662
  • Tax Legal Description: PROPERTY ID R501662 P.P. 1990-19, PARCEL 2, DOC202406353
Property
Lot Information
  • Acres: 0.12
  • Lot Description: Cleared
  • Lot Size Square Feet: 5227.0
  • Current Use: Raw Land
  • Land Description: Level
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Land
Utilities
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public Sewer, Water Available

Schools near 502 Southwest 3rd Street

This home is within Lincoln County School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 6 to 12
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Sam Case Elementary School
PublicK to 2

Compass K-12 Online School
Public6 to 12

Newport High School
Public9 to 12

Sam Case Elementary
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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502 Southwest 3rd Street is a 0.12 ac of land for sale in Newport, OR 97365. This listing's school district is Lincoln County School District. Nearby schools include Sam Case Elementary School, Compass K-12 Online School and Newport High School. 502 Southwest 3rd Street is a 0-bed, 0-bath 0.12 ac of land on a 5,227 sq. ft. / 0.12 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Emerald Coast Realty-Seal Rock

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 09/28/2026 03:43 PM