If you’re a repeat visitor to my blog, or live here in the Newport area, you’ve probably heard regularly about the Regatta Condos development, a first of its kind green construction project on Yaquina Bay. On Tuesday the 9th, the first unit closed to much fanfare. This unit, the Flagship, was one of two end-units whose luxury spa tubs are located in the bay window that distinguishes the building’s architecture at the western end. The Windward, the first floor unit with a similar floor plan, is still available. Full sized photo college.
This cash sale was the first for a Premier Condominium on the Oregon Coast. The most important fact is that it came in at just 5% under the list price which is a very small variation for top-end condos. The sales price was also slightly under the bank appraisal which gives the new owners an instant equity of $29,500. Historically with a development like this, once the first sale occurs the project will sell out in under 12 months. Now is the time to select your unit – if we get moving now, you could be enjoying Wednesday evening races by the Yaquina Bay Yacht Club from the comfort of your patio! Call me today to arrange a visit. 541-270-3304
Need any more inspiration for why you’d want to live on Yaquina Bay? See the list of upcoming special events through the end of the year.
July – Lincoln County Fair and Rodeo
July – Ernest Bloch Music Festival
July – 4th of July Fireworks on Yaquina Bay
August – Quilts by the Sea
August – Oregon Lighthouse Week
August – Oregon Coast Aquarium’s “All American Road Celebration”
September – Stories by the Sea
October – Microbrew Festival
October – Columbus Day Regatta
October – Great Oregon Fall Beach Cleanup
October – OR Coast Aquarium’s “Creatures of the Night” Halloween Party
November – Holiday Bazaar
November – Oyster Cloister
November – Lighted Boat Parade
December – Festival of Trees
December – Oregon Coast Aquarium’s Sea of Lights Holiday Festival
December – Winter Whale Watch Week
December – Holiday House
December – Victorian Holiday
