For sale

$239,000

Est. $1,517/mo —

Land

•

5,227

sq ft (lot)

502 SW 3rd St, Newport, OR 97365

About this home

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.

Vacant landProperty Type

5,227 sq ftLot Size

$46Price/Sq.Ft.

Listed by Ed Tanabe • Emerald Coast Realty-Seal Rock

Listing updated: Sep 30, 2026 at 11:37am

Redfin checked: a few seconds ago

•Source:RMLS #228652774

Payment calculator

$1,517 per month

Principal and interest$1,353

Property taxes

$108

HOA dues

Home insurance

$56

Utilities

Add

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Around this home

Schools

K - 12
Preschool & daycare

Sam Case Elementary School

Public K-2 • Assigned • 1.0mi

Newport Middle School

Public 6-8 • Assigned • 1.1mi

3/10

Newport High School

Public 9-12 • Assigned • 0.8mi

6/10

Provided by GreatSchools

About Newport

Temporary

Newport Temporary, located between Yaquina Bay and the Pacific Ocean, is a waterfront and working-harbor Newport neighborhood with salt-air boardwalks and weathered marine-industrial streetscapes. The neighborhood’s character concentrates along Bay Boulevard at SW 2nd Street, where fish markets, dockside cafes, and charter-boat counters line the bayfront. The Newport Historic Bayfront anchors daily rhythms with crab pots, pilings, and storefronts set in low-slung, utilitarian buildings. Rogue Ales & Spirits and the Oregon Coast Aquarium serve as cultural pillars, pairing local craft with coastal education. Yaquina Bay Bridge frames the skyline, while nearby piers and marinas keep the scene tied to the water. Side streets mix compact cottages and practical commercial buildings, with frequent fog, gull calls, and working docks setting the tone.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Raw land parcel (no existing structures)
Ocean view

Heating & cooling
No heating
No cooling

Sale and tax history for 502 SW 3rd St

Sale History
Tax History

Date

Event

Price

RMLS #228652774

Sep 28, 2026

Listed

$239,000

OCMLS #26-2621

Sep 28, 2026

Listed

$239,000

Public record

Public record
Zoning

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Style

Vacant Land

County

Lincoln County

APN

Parking Spaces

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Basement

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Accessible

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HOA Dues

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Features

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Last updated by owner on Sep 28, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

9 days above 71° expected this year, 25 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

8 unhealthy days expected this year, 9 days in 30 years

Provided by First Street

Historical weather

Newport, OR • 97365

Average low and high temperatures (°F)

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Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Redfin Estimate for 502 SW 3rd St

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $36,000 and $445,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $36K to $445K.

SOLD FEB 25, 2026
$445,000 Last sold price
2 beds2 baths1,316 sq ft
720 SW 6th St, Newport, OR 97365
smaller lot
SOLD SEP 11, 2026
$416,000 Last sold price
3 beds1 bath864 sq ft
1232 NW Nye St, Newport, OR 97365
larger lot
SOLD JUN 18, 2026
$160,000 Last sold price
3 beds2 baths1,219 sq ft
358 NE 6th St, Newport, OR 97365
larger lot
SOLD AUG 17, 2026
$36,000 Last sold price
Land— sq ft
1000 SE Bay Blvd Unit M88, Newport, OR 97365
SOLD JAN 9, 2026
$320,000 Last sold price
4 beds2 baths1,581 sq ft
328 NE San-Bay-O Cir, Newport, OR 97365
larger lot
SOLD AUG 27, 2026
$380,000 Last sold price
2 beds3 baths1,045 sq ft
4510 SE Harborton St, South Beach, OR 97366
smaller lot

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