Presenting a must-see, fantastic opportunity for the right buyer! Originally constructed as a one-story ranch-style home in 1957, the owner then added an engineered and permitted steel beam structure up to the third story height, upon which a 30 x 30 home was built. Situated just two blocks from the ocean and minutes away from essential amenities such as hospital, groceries, and fuel, this property in Newport, Oregon, offers unparalleled convenience. With a breathtaking, unobstructed ocean view, a spacious lot providing front and rear access, and a generously sized garage (15 feet tall, 20 feet wide, and 30 feet deep), suitable for a motorhome, boat, workshop, and more, this home provides endless possibilities. Additionally, downstairs features a completely separate one-bedroom rental apartment, ensuring a steady stream of income. This home is waiting to be finished and transformed into someone's dream ocean view residence. Don't miss out,schedule your tour today!