561 Olive St, Newport, OR 97365
561 Olive St, Newport, OR 97365
561 Olive St, Newport, OR 97365
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Listed by STACEY CLENDENIN • MORE REALTY • Cell: 503-539-7816
$649,000
Est. payment /mo
3 Beds
2 Baths
1,741 SqFt
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Key Details

Property Type Single Family Home

Sub Type Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,741 sqft

Price per Sqft $372

Subdivision Newport

MLS Listing ID 843292

Bedrooms 3

Full Baths 2

Year Built 2007

Annual Tax Amount $5,214

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Residence

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.

Location

State OR

County Lincoln

Area Os Outside 4 County Area

Interior

Hot Water Electric

Heating Wall Furnace

Cooling Wall Furnace

Flooring Carpet, Laminate

Exterior

Parking Features Attached

Garage Spaces 2.0

Roof Type Composition

Garage Yes

Building

New Construction No

Others

Senior Community No

Acceptable Financing Federal VA, Cash, FHA, Conventional

Listing Terms Federal VA, Cash, FHA, Conventional

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Willamette Valley MLS (WVMLS)

Nearby Locations

Ruben & Erin Garibay

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+1(503) 871-2672

garibayrealtyteam@gmail.com

3240 Commercial St SE Suite 100, Salem, Oregon 97302

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561 Olive St