Listing provided courtesy of Realty One Group At The Beach, Newport- MLS# 26-878MLS ProviderSource MLS Verified

TL#1500 SE Bracken TerraceSouth Beach, OR 97366

Vacant Land · 3.00 Acres
$199,000 Active

TL#1500 SE Bracken Terrace Overview

Time on Site:
82 days
Visits:
0

3 Acres of Oceanview Serenity in South Beach, OR - Build-Ready with No HOA Located in the Cabot Run subdivision in South Beach, this rare 3-acre parcel offers a hard-to-find combination of seclusion, ocean view potential, easy beach access, and meaningful build-readiness. Close proximity to Lost Creek adds to the peaceful natural setting, while key due diligence items have already been completed, including a survey, septic approval, underground utilities, and approved house plans. With no HOA and valuable groundwork already in place, this is a standout opportunity to create a custom Oregon Coast retreat in a scenic and thoughtfully maintained coastal setting. This parcel is positioned to help simplify the path to building. Electricity is nearby at the street, underground utilities are available within the subdivision, and the property includes a surveyed plat map, aerial imagery, CC&Rs, septic approval, and approved site plans. The gentle topography provides a favorable setting for future development and helps maximize the potential for ocean views. Manufactured homes are not permitted. The neighborhood CC&Rs help preserve a polished, cohesive appearance throughout the community and support a more custom-home feel without the structure of an HOA. The setting offers the kind of lifestyle many buyers come to the Oregon Coast for. Enjoy nearby beach access points, fresh ocean air, and a quieter South Beach environment that feels tucked away without feeling remote. Close proximity to Lost Creek enhances the natural character of the area, while the surrounding setting offers easy access to outdoor recreation, scenic coastal drives, and the shoreline just minutes away. Location is another major advantage. Just minutes from Newport, you'll have convenient access to shopping, dining, the marina, the Oregon Coast Aquarium, South Beach State Park, Yaquina Bay, and the iconic Yaquina Bay Bridge area. Popular coastal destinations like Waldport and Yachats are also within easy reach, and inland access to Corvallis and Eugene adds to the property's appeal for both full-time living and getaway use. With ocean view potential, beach access nearby, close proximity to Lost Creek, and multiple development steps already completed, this property offers a rare blend of privacy, usability, and coastal convenience. Please do not drive on the western driveway leading to the neighboring home, as that is private property. Buyers to complete their own due diligence regarding build plans, utilities, access, restrictions, and intended use.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

TL#1500 SE Bracken Terrace Facts & Features

  • Type Vacant Land
  • Lot 3.00 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Lincoln County School District

Business Information

  • Current Use: Vacant

Location/Region

  • County Or Parish: Lincoln
  • Subdivision Name: Cabot Run

Community/Development

  • Development Status: Raw Land

Rent/Lease Information

  • Land Lease: false
  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 1416.33
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 121107B00150000
  • Possible Use: Single Family
  • Property Sub Type: Residential
  • Property Type: Land
  • Senior Community: false
  • Special Listing Conditions: Standard
  • Zoning: RR-2 Rural 2 acre

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Other Equipment: None

Exterior

Lot Information

  • Lot Features: Level,Rolling Slope,Wooded,Gentle Sloping
  • Lot Size Acres: 3.0
  • Lot Size Area: 3.0
  • Lot Size Square Feet: 130680.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: Ocean
  • Waterfront: false

General Information

  • Fencing: None
  • Road Frontage Type: County Road
  • Sewer: Septic Tank,Septic Needed
  • Utilities: Electricity Available,Natural Gas Not Available,Underground Utilities,Water Available

TL#1500 SE Bracken Terrace Neighborhood

Community

97366 (SOUTH BEACH) Demographics

55
Median Age
176
Population Density (per sq. mile)
43%
College Educated
$70,497
Estimated Median Income
693
Estimated Total Home Owners
187
Estimated Total Renters
79% / 21%
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.

TL#1500 SE Bracken Terrace Monthly Cost

$
$ %
%
$
$
* 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.

TL#1500 SE Bracken Terrace Market Data

Based on the last 30 days in this zip code

$765,742
Average List Price
$406
Average Price per Square Foot
3
Properties Sold
100
Average Days on Market
60
Properties for Sale
Calculations provided by Reliance Network

TL#1500 SE Bracken Terrace History

Date Event Value Agent
6/25/2026Source: Tillamook MLS Price Reduction
$199,000 -17.1%
4/9/2026Source: Tillamook MLS Added to Database
April 09, 2026