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Marcel Dolak

marcel.dolak@engelvoelkers.com +1(425) 466-5870

$ 685,000

Est. payment -/mo

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Open Fri 10PM-12AM

561 W Olive ST Newport, OR 97365

3 Beds

2 Baths

1,741 SqFt

Open House

Fri Jul 17, 10:00pm - 12:00am

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,741 sqft

Price per Sqft $393

MLS Listing ID 26-1655

Style Traditional

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 2007

Annual Tax Amount $5,105

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Single Family Residence

Source Oregon Coast Multiple Listing Service

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

Zoning R-4 Residential

Direction West Olive Street to property on the left.

Rooms

Basement Sump Pump

Interior

Interior Features Storage

Heating Electric, Wall Furnace

Cooling Electric

Flooring Carpet, Laminate

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Washer, Water Heater, Refrigerator

Laundry Main Level

Exterior

Parking Features Driveway, Off Street

Garage Spaces 2.0

Fence Partial, Wood

Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected

Roof Type Composition

Street Surface Asphalt

Porch Deck, Front Porch

Road Frontage City Street

Total Parking Spaces 2

Garage Yes

Building

Lot Description Level, Corner Lot

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type T1-11 Type

New Construction false

Others

Tax ID 111108BB-25700-00

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Listed by MORE Realty

NEARBY SCHOOLS & PROPERTIES

Marcel Dolak

Owner | Private Office Advisor | Global Real Estate Advisor | License ID: 28065

+1(425) 466-5870

Marcel Dolak

561 W Olive ST Newport, OR 97365

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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561 W Olive ST