Address
561 W Olive St, Newport, OR
Price
$ 649,000
Property Attributes
- ID#843292
- TypeSingle Family
- Listing Status Active
- MunicipalityNewport
- CountyLINCOLN
- CityNewport
- AreaOS OUTSIDE 4 COUNTY AREA
- NeighborhoodNEWPORT
- Zip97365
- Style2 Story
- Year Built2007
- Taxes$ 5214
- Price$ 649,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1741
- Lot Size0.09 Acres
Data Source:
Willamette Valley MLS (WVMLS)
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.
| Price History | |
|---|---|
| 7/10/2026 | Listed $685,000 |
| 8/18/2026 | 6$649,000 |
General Features
| Water | City |
|---|---|
| New Construction | No |
| Subdivision | NEWPORT |
| Water Heater | Electric |
| County | Lincoln |
| Class | Residential |
| Type | Residence |
| Block | 3 |
| Yearly Taxes | 5214 |
| Roof | Composition |
| Status | ACTIVE |
| 55+ Community | No |
| Subdivision | OR |
| Sale/Rent | For Sale |
| Primary City | Newport |
| Year Built | 2007 |
| City | Newport |
| DOM | 77 |
| Postal Code | 97365 |
| Price Per Sq Ft Total AG | 372.77 |
| Price Per Sq Ft Total AG | 372.77 |
| TERMS SELLER WILLCONSIDER | Federal VA,Cash,FHA,Conventional |
Interior Features
| Flooring | Carpet,Laminate |
|---|---|
| Beds | 3 |
| Total Baths | 2 |
| Full Baths | 2 |
| Heating-Cooling | Wall Furnace |
| Dishwasher | Yes |
| Total Baths | 2 |
Exterior Features
| Garage Type | Attached |
|---|---|
| Price per Acre | 7211111.11 |
| Lot Size Area | 0.09 |
| Garage Capacity | 2 |
| Siding Style | T111 |
| Flood Plan | No |
| Patio | Deck |
| Siding | Wood |
| Lot | 25700 |
| SEWER - CITY | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 97365
Price
Taxes
Year Built
In The Neighborhood
Waterfront
Newport
$ 1,700,000
- Type
- Single Family | Active
- Size
- 2,025 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Keller Williams Realty Spokane
Views
Newport
$ 779,000
- Type
- Single Family | Active
- Size
- 2,754 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Diamond Real Estate
Waterfront
Newport
$ 1,750,000
- Type
- Single Family | Active
- Size
- 2,800 SqFt
- Rooms
- 5 Beds + 3 Baths
Listed by: Heart and Homes Northwest
Reduced
Newport
$ 455,000
- Type
- Single Family | Active
- Size
- 1,876 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: KW Everett
Reduced
Newport
$ 469,900
- Type
- Single Family | Active
- Size
- 1,352 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Kelly Right RE of Spokane LLC
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLSTM.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than Kelly Right Real Estate are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 28, 2026 11:36 PM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Copyright © 2026 WVMLS. All Rights Reserved. Information last updated on September 29, 2026 12:10 AM UTC
Southern Oregon Multiple Listing Service All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
