Exceptional opportunity in Newport's historic Nye Beach district! This R-4 zoned lot at 47 SW Coast Street features ocean views and established shared driveway easement along the northern edge. All utilities (water, sewer, electric) available at street. Located in the architectural design review area across from Newport Performing Arts Center and just steps from the beach, restaurants, and shops. Perfect for multi-family development, Rentals, or your coastal dream home. The versatile high-density zoning within the vibrant Nye Beach overlay presents endless possibilities.