About 540 Nw 56th St
Versatile 3 bedroom, 3 bath coastal home just steps from the trail to beach access. Ideal for full-time rental income, personal use, or both. Currently features two separate living spaces, each with its own private entrance and dedicated washer & dryer. Could easily convert to a single family residence with a doorway installation. Charming cottage features original hardwood floors and abundant natural light. Fully fenced yard provides space for outdoor enjoyment and private courtyard is ready for a hot tub. Oversized 1 car garage has plenty of storage and a work bench. The suite over the garage has slider to a deck to relax and listen to the sound of the ocean waves. Zoned R-2 with potential to add a full kitchen to the suite above the garage (buyer to verify.) Prime coastal location in a great walking neighborhood with 2 different trail accesses to miles of sandy beach and nearby Yaquina Head Natural Area, Lighthouse, Agate Beach and Moolack Beach. Possible owner carry terms available!
Features of 540 Nw 56th St
| MLS® # | 618947327 |
|---|---|
| Price | $549,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,716 |
| Acres | 0.18 |
| Year Built | 1955 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | 2 Story, Cottage |
| Status | Active |
Community Information
| Address | 540 Nw 56th St |
|---|---|
| Area | 200 - Lincoln County |
| City | Newport |
| County | Lincoln |
| State | OR |
| Zip Code | 97365 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | Driveway |
| # of Garages | 1 |
| Garages | Attached |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Hardwood Floors, Laundry, Tile Floor, Vinyl Floor, Wall to Wall Carpet, Washer/Dryer |
|---|---|
| Appliances | Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Pantry, Tile |
| Heating | Zoned |
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | T-111 Siding |
|---|---|
| Exterior Features | Deck, Fenced, Fire Pit, Patio, Porch, Yard |
| Lot Description | Level |
| Roof | Composition |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Yaquina View |
|---|---|
| Middle | Newport |
| High | Newport |
Additional Information
| Date Listed | June 16th, 2026 |
|---|---|
| Days on Market | 98 |
| Zoning | R-2 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Taylor & Taylor Realty Co. |
|---|---|
| Contact Info | 541-994-9111 |