561 W OLIVE ST, Newport, OR 97365
- $685,000
- 3
- BD
- 2
- BA
- 1,741
- SqFt
- List Price
- $685,000
- Days on Market
- 18
- Status
- ACTIVE
- MLS#
- 571863716
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,741
- Lot Size
- 3, 000 to 4, 999 SqFt
- Region
- Lincoln County
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.Private Remarks: Agents - all interior doors are to remain open. Please be sure all exterior doors are locked when leaving (one in laundry room, front door, door to garage.)
/u.realgeeks.media/westernoregonhomes/Oregon_Life.jpg)
Additional Information
- Tax Amount
- $5,214
- Year Built
- 2007
- High School
- Newport
- Elementary School
- Yaquina View
- Middle School
- Newport
- Garage Spaces
- 2
- Garage Type
- Attached
- Acres
- 0.09
- Living Area
- 1,741
- Stories
- 2
- Property Type
- Single Family Residence
- Terms
- Cash, Conventional, FHA
- Master Bedroom Level
- Main
- Fuel Description
- Electricity
- Heating Description
- Wall Furnace
- Hot Water Description
- Electricity
- Exterior Description
- T-111 Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Style
- 2 Story
- Exterior Features
- Deck, Porch
- Interior Features
- Laminate Flooring, Wall to Wall Carpet
- Kitchen Appliances
- Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave
Mortgage Calculator
Listing courtesy of MORE Realty.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.