561 W Olive St, Newport, OR 97365

Beds
3
Baths
2
Sqft
1,741
Garage
Yes

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Listed byMORE Realty
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Overview

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

Full feature list

Basic info

Property type
House
Number of stories
2
Number of bedrooms
3
Number of bathrooms
2
Square feet
1,741
Lot size (acres)
0.09
Year built
2007

Interior features

Laundry
Main Level

Exterior features

Water view
Yes
Waterfront
Beach Access

Garage and parking

Garage parking spaces
2

Utilities

Heating
Wall Furnace, Electric
Cooling
Electric
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$5,105.28

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Lincoln County Board of REALTORS MLS (Oregon Coast MLS) MLS®#: 26-1655 Last checked:

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Lincoln County MLS. Information is not guaranteed and should be verified by you. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities or data on the site, other than by a consumer looking to purchase real estate, is absolutely prohibited. Copyright ©2026 Lincoln County MLS.