538 SW Coast Highway, Newport, OR 97365 | MLS #LC-100909 | Berkshire Hathaway HomeServices Northwest Real Estate

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Listing provided courtesy of Taylor & Taylor Realty Company- MLS# LC-100909MLS ProviderSource MLS Verified

538 SW Coast HighwayNewport, OR 97365

Vacant Land · 0.45 Acres
$560,000 Active

538 SW Coast Highway Overview

Time on Site:
189 days
Visits:
8

Commercially zoned property with prime location and high traffic area along highway 101. Commercial zoning allows for many outright uses. This property has approximately 80 feet of highway frontage. Possible ocean views from 2nd story building. Located near an abundance of amenities including restaurants, site-seeing, entertainment, and access to miles of sandy beaches. Billboard sign on property is leased and is generating monthly income. Property had previous motel building removed and small basement filled in during removal.

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538 SW Coast Highway Facts & Features

  • Type Vacant Land
  • Lot 0.45 Acres

Details

General

Association/HOA

  • Association: false

Business Information

  • Current Use: Commercial,Vacant

Location/Region

  • County Or Parish: Lincoln
  • Subdivision Name: Bayley and Case's

Community/Development

  • Development Status: Finished Lot(s),Other

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: 8231.29
  • Tax Year: 2025

General Information

  • Listing Terms: 1031 Exchange,Cash,Conventional
  • Parcel Number: 111108BC-8500-00
  • Possible Use: Commercial,Investment
  • Property Sub Type: Commercial
  • Property Type: Land
  • Special Listing Conditions: Standard
  • Zoning: C-1 Commercial

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Other Equipment: None

Exterior

Lot Information

  • Additional Parcels Description: also includes 111108BC-8500-21
  • Lot Features: Cleared,Level
  • Lot Size Acres: 0.45
  • Lot Size Area: 0.45
  • Lot Size Square Feet: 19602.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: Ocean
  • Waterfront: false

General Information

  • Fencing: None
  • Road Frontage Type: City Street,Highway
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Available,Sewer Available,Water Available,Phone Available

538 SW Coast Highway Neighborhood

Community

97365 (NEWPORT) Demographics

46
Median Age
252
Population Density (per sq. mile)
38%
College Educated
$49,529
Estimated Median Income
2,693
Estimated Total Home Owners
2,073
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

538 SW Coast Highway Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

538 SW Coast Highway Market Data

Based on the last 30 days in this zip code

$620,101
Average List Price
$335
Average Price per Square Foot
17
Properties Sold
106
Average Days on Market
158
Properties for Sale
Calculations provided by Reliance Network

538 SW Coast Highway History

Date Event Value Agent
3/20/2026Source: Tillamook MLS Price Reduction
$560,000 -6.7%
1/5/2026Source: Tillamook MLS Price Reduction
$600,000 -24.9%
1/5/2026Source: Tillamook MLS Price Reduction
$799,000 -5.2%
1/5/2026Source: Tillamook MLS Added to Database
April 15, 2024