561 W Olive St, Newport, OR 97365

$685,000
3
BD
2
BA
1,741
SqFt

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List Price
$685,000
Days on Market
41
MLS#
26-1655
Bedrooms
3
Bathrooms
2
Living Area
1,741

Property Description

Endless possibilities await with this versatile property just moments from Newport's beloved Nye Beach. Whether you're searching for a full-time residence, multigenerational living arrangement, or an opportunity to offset expenses with separate living quarters, this unique home offers flexibility to fit a variety of lifestyles. The property features two distinct living spaces with interior access between the two. The main unit offers 2 bedrooms, 1 bathroom, and its own laundry area, while the second unit includes 1 bedroom and 1 bathroom, creating the perfect setup for extended family, guests, or additional living space. The upper unit boasts a spacious deck where you can relax and enjoy coastal sunsets and refreshing sea breezes. Situated on a large corner lot, the home offers a generous yard with plenty of room for gardening, outdoor entertaining, or simply enjoying the coastal surroundings. A spacious two-car garage provides ample storage and parking. Recent updates include fresh interior paint and new flooring, giving the home a clean, refreshed feel and making it move-in ready. Conveniently located near beach access, schools, shopping, dining, and all the charm that Nye Beach has to offer, this is a rare opportunity to enjoy flexible coastal living in one of Newport's most sought-after locations. Whether you're looking to live together while maintaining privacy, accommodate extended family, or simply enjoy extra space, this property is one you won't want to miss. Buyer to perform due diligence regarding possible future uses for the property.

Additional Information

Year Built
2007
Garage Spaces
2
Acres
0.09
Living Area
1,741
Subdivision
N/A
Property Type
Residential
Terms
Cash, Conventional, FHA, VA Loan
Style
Traditional
Utilities
Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Available, Phone Available
Interior Features
Storage

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Calculator source: Real Geeks

Listing courtesy of MORE Realty.