Ocean View 8.62-Acre Residential Parcel - Newport, Oregon. Discover the potential of this rare 8.62-acre parcel located within the Newport city limits, offering stunning ocean views and a prime opportunity for future development or long-term investment. Zoned R-1 (Residential), this property sits in a growing area as the City of Newport continues to expand housing opportunities. Currently designated as Specially Assessed Vacant Forest Land, this parcel enjoys a low 2024 property tax of just 121.00. Utilities and development feasibility are subject to buyer due diligence. Whether you're seeking a strategic land investment or envisioning a residential development with coastal vistas, this property delivers both scenic value and future potential.