Courtesy: Coldwell Banker Professional
503-538-0468
Discover the perfect blend of relaxation and investment potential in this beautifully furnished 2-bedroom waterfront condo at Newport's Embarcadero Resort. Enjoy breathtaking views of the ocean, bay, bridge, and marina right from your living room. This unique property consists of two separate units, allowing you to rent them independently for income-generating investment opportunities through the Resort or other property management services by applying for a short-term rental (STR) license through the City of Newport, which these units currently hold. (Buyers are encouraged to conduct their own due diligence regarding STR permits.) Whether you're looking for a full-time residence or a vacation getaway, this condo has it all. The complex features fantastic amenities, including an indoor pool, spa, sauna, and a crabbing dock with a crab cooker for your enjoyment. With quarterly HOA fees covering all utilities, managing your investment is hassle-free. Don't miss your chance to own this stunning waterfront retreat! Schedule your private showing today! PLEASE SEE MLS #24338453 for adjacent units 201/301 that are also for sale and sold separately.
Courtesy: Coldwell Banker Professional
503-538-0468
Welcome to your coastal oasis! This beautifully furnished 2-bedroom, 2-bath condo at The Embarcadero Resort and Marina offers stunning views of Yaquina Bay, the iconic bridge, and the ocean. Situated on the Yaquina Bay Marina, this exceptional property provides a unique investment opportunity alongside a tranquil lifestyle. This property consists of two separate units, allowing for flexible living and rental options. Unit 302 has a reliable long-term tenant, ensuring instant and steady income to help offset HOA fees. Meanwhile, Unit 201 is fully furnished and available for immediate occupancy. You can choose to live in 201 full-time, enter it into the rental pool, or apply for a short-term rental (STR) license, enhancing your investment potential. Enjoy resort-style amenities, including an indoor pool, sauna, and exercise room. For seafood enthusiasts, the crab dock and cooking station offer a fantastic opportunity to enjoy fresh catches right from the bay. Relax on the dock and watch the boats go by, or explore the vibrant bayfront area filled with restaurants, bars, and shops. Charter a boat for fishing or leisurely outings on the water, and immerse yourself in all that Newport has to offer. Don't miss your chance to own a slice of paradise on Newport's stunning bayfront. PLEASE SEE MLS #24374810 for adjacent units 202/302 that are also for sale and sold separately.
Newport is located in Oregon. Newport, Oregon 97365has a population of 10,305. Newport 97365 is more family-centric than the surrounding county with 19.22% of the households containing married families with children. The county average for households married with children is 18.44%.
The median household income in Newport, Oregon 97365 is $52,897. The median household income for the surrounding county is $54,961 compared to the national median of $69,021. The median age of people living in Newport 97365 is 47.9 years.
The average high temperature in July is 68.5 degrees, with an average low temperature in January of 39.6 degrees. The average rainfall is approximately 76.9 inches per year, with 0.7 inches of snow per year.
