4925 NW Woody Way
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4925 NW Woody Way
4,332 SF Specialty Building Offered at $2,125,000 at a 4.57% Cap Rate in Newport, OR 97365
Executive Summary
Step into this charming ocean view B&B, which offers a truly idyllic getaway with five beautifully appointed en suite rooms, each featuring a gas fireplace to enhance your comfort. The innkeeper's quarters are spacious, boasting three bedrooms and three bathrooms, as well as hardwood floors that add warmth and character to the home. A private path leads directly to the beach, allowing guests to enjoy the soothing sound of the waves. The gourmet kitchen is a chef's dream, perfect for preparing meals, while the ocean view dining room and guest lounge provide the ideal setting for guests to unwind.
A gas fireplace in the lounge adds a cozy ambiance. Outside, a fire pit and oceanview deck with outdoor seating invite you to relax and soak in the natural beauty of the surroundings. Enjoy the hot tub, the fully fenced yard, and the chicken coop, ensuring fresh eggs right at your doorstep. A large basement storage area completes the property, allowing the lodge to tuck away all extra necessities from guests eyes. Located just minutes from Newport and all its amenities, this B&B is a perfect blend of privacy, luxury, and convenience.
While currently an operational B&B, this property has also previously been used for Residential, and would make an incredible home. While not technically oceanfront, the unbuildable lot on the west side of the Lodge makes it feel as if it is. Either way, ocean view opportunity awaits! Schedule your tour today.
A gas fireplace in the lounge adds a cozy ambiance. Outside, a fire pit and oceanview deck with outdoor seating invite you to relax and soak in the natural beauty of the surroundings. Enjoy the hot tub, the fully fenced yard, and the chicken coop, ensuring fresh eggs right at your doorstep. A large basement storage area completes the property, allowing the lodge to tuck away all extra necessities from guests eyes. Located just minutes from Newport and all its amenities, this B&B is a perfect blend of privacy, luxury, and convenience.
While currently an operational B&B, this property has also previously been used for Residential, and would make an incredible home. While not technically oceanfront, the unbuildable lot on the west side of the Lodge makes it feel as if it is. Either way, ocean view opportunity awaits! Schedule your tour today.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$15,188
|
$3.51
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$15,188
|
$3.51
|
Financial Summary (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $15,188 |
| Annual Per SF | $3.51 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $15,188 |
| Annual Per SF | $3.51 |
Property Facts
| Price | $2,125,000 | Building Class | C |
| Price Per SF | $491 | Lot Size | 0.30 AC |
| Sale Type | Investment or Owner User | Building Size | 4,332 SF |
| Cap Rate | 4.57% | No. Stories | 2 |
| Sale Conditions | Business Value Included | Year Built | 1945 |
| Property Type | Specialty | Parking Ratio | 1.39/1,000 SF |
| Property Subtype | Residential Income |
| Price | $2,125,000 |
| Price Per SF | $491 |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.57% |
| Sale Conditions | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 4,332 SF |
| No. Stories | 2 |
| Year Built | 1945 |
| Parking Ratio | 1.39/1,000 SF |
1 of 1
zoning
| Zoning Code | R-4 |
| R-4 |
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4925 NW Woody Way
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