561 W Olive Street, Newport, OR

$649,000

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3

Beds

2

Baths

1,741

Square feet

0.09

Acres

About 561 W Olive Street

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.

Features of 561 W Olive Street

MLS® # 26-1655
Price $649,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,741
Acres 0.09
Year Built 2007
Type Residential
Sub-Type Single Family Residence
Style Traditional
Status Active

Community Information

Address 561 W Olive Street
Subdivision N/A
City Newport
County Lincoln
State OR
Zip Code 97365

Amenities

Utilities Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected, Phone Available
Parking Driveway, Off Street
# of Garages 2
Is Waterfront No

Interior

Interior Features Storage
Heating Electric, Wall Furnace
Cooling Electric
Fireplace No
Has Basement Yes
Basement Sump Pump

Exterior

Lot Description Corner Lot, Level
Windows Double Pane Windows, Vinyl Frames, Blinds
Roof Composition
Construction T1-11 Type
Foundation Concrete Perimeter

Additional Information

Date Listed June 15th, 2026
Zoning R-4 Residential
Short Sale No
RE / Bank Owned No

Listing Details

AgentStacey Clendenin
OfficeMORE Realty

Listing Map

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