




3 Beds
2 Baths
1,741 sqft
$649,000
561 W Olive Street, Newport OR, 97365
Price per sqft$372.77
Built in2007
Property size1,741 sqft
Property typeResidential
Overview
Active
Listed Jun 16, 2026
Updated 46h ago
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.
$4,318/mo
Est. mortgage payment based on a $649,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 26-1655
Interior Features
- Bedrooms
- 3
- Bathrooms
- 2
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.09 Acres
Other Property Details
- Taxes
- $5,105
- Tax Frequency
- Annually
- Garage
- Yes
- 55+/Senior Community
- No
Courtesy of MORE Realty
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