561 W Olive St, Newport, OR

$649,000

Previous Next

3

Beds

2

Baths

1,741

Square feet

0.09

Acres

About 561 W Olive St

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 St

MLS® # 571863716
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 2 Story
Status Active

Community Information

Address 561 W Olive St
Area 200 - Lincoln County
City Newport
County Lincoln
State OR
Zip Code 97365

Amenities

Parking Spaces 2
# of Garages 2
Garages Attached
Is Waterfront No
Has Pool No

Interior

Interior Features Laminate Flooring, Wall to Wall Carpet
Appliances Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave
Heating Wall Furnace
Fireplace No
# of Stories 2

Exterior

Exterior T-111 Siding
Exterior Features Deck, Porch
Windows Double Pane Windows, Vinyl Frames
Roof Composition

School Information

Elementary Yaquina View
Middle Newport
High Newport

Additional Information

Date Listed July 9th, 2026
Days on Market 75
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMORE Realty
Contact Info503-539-7816

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?