563/565 SW 4TH ST, Newport, OR 97365

$849,900
2,630
SqFt

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List Price
$849,900
Days on Market
62
MLS#
578149621
Property Type
Multifamily
Sqft. of Residence
2,630
Lot Size
3, 000 to 4, 999 SqFt
Region
Lincoln County
Status
ACTIVE

Property Description

Experience the best of coastal living with TWO ocean-view homes directly across from the oceanfront in the heart of Newport’s desirable Nye Beach District! This unique corner-lot property offers exceptional flexibility for multigenerational living, guest accommodations, rental income, or a private coastal retreat.The main 2-story home features 1,836 sq ft with 3 bedrooms, 2 baths, and an oversized 3-car garage. The lower-level bedroom/office includes its own private exterior entrance, creating ideal space for a home business, guest suite, or separate living quarters.The second home is a charming single-level 794 sq ft cottage with 2 bedrooms, 1 bath, and its own ocean-view deck. Perfect as an ADU, vacation rental, long-term income property, or comfortable space for extended family and guests.Both homes enjoy ocean views, private decks, and an unbeatable location just steps from beach access, local restaurants, shopping, and all that Nye Beach has to offer. A rare opportunity to own two updated homes on one property in one of Newport’s most sought-after coastal neighborhoods.

Additional Information

Tax Amount
$7,412
Year Built
1993
High School
Newport
Elementary School
Yaquina View
Middle School
Newport
Garage Spaces
3
Acres
0.11
Living Area
2,630
Stories
2
Lot Size Dimension
50 x 100
Terms
Cash, Conventional, FHA, VA Loan
Cooling Description
None
Fuel Description
Electricity
Heating Description
Wall Heater, Zoned
Hoa Rent Includes
None
Hot Water Description
Electricity
Exterior Description
Cement Siding, Vinyl Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
Ocean
Parking
Driveway, Garage
Parking Description
Driveway, Garage
Road Surface
Gravel, Paved
Number Of Units Total
2
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
1812
Unit Type One Sq Ft
1836
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1

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Calculator source: Real Geeks

Listing courtesy of Cascade Hasson Sotheby's International Realty.

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