561 W Olive St, Newport, OR 97365

Listing Courtesy of MORE Realty.

$649,000
3
BD
2
BA
1,741
SqFt

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List Price
$649,000
Status
ACTIVE
Days on Market
88
Price Change
▼ $36,000 1786955791
MLS#
26-1655
Subtype
Residential
Style
Traditional
Year Built
2007
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,741
Lot Size
3,920
Acres
0.09
Subdivision
N/A

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.

Additional Information

Interior Features
Storage
Taxes
$5,105
Property Description
Traditional
Zoning
R-4 Residential
Flooring
Carpet, Laminate
Appliances
Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater
Heating
Electric, Wall Furnace
Air Conditioning
Electric
Levels
Two
Roof
Composition
Foundation
Concrete Perimeter
Parking Features
Driveway, Off Street
Garage Spaces
2
School District
Lincoln County School District

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Calculator source: Real Geeks