About This Home

This 3-bedroom, 2-bathroom single family at 561 W Olive Street in Newport, OR is listed for $649,000 ($373 per sqft). Built in 2007, the home offers 1,741 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 2007
  • 0.09 acre lot
  • 2 stories

Property Details

2 stories
2 full
2-car garage
2007

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$3,471/mo

20% down · 6.5% · 30 years

Principal$469
Interest$2,812
Insurance$189

Estimates only. Actual payments may vary.

Location

561 W Olive Street

Newport, OR 97365

Features & Amenities

Interior Features

Storage

Property Details

Flooring

CarpetLaminate

Construction

T1-11 Type

Outdoor Features

DeckPorch

Parking

DrivewayOff Street

Heating

Wall FurnaceElectric (Heating)

Cooling

Electric

Appliances

DryerDishwasherElectric OvenElectric RangeMicrowaveRefrigeratorWasherWater HeaterDryerDishwasherElectric OvenElectric RangeMicrowaveRefrigeratorWasherWater Heater

Questions & Answers

This 3-bedroom, 2-bathroom single family at 561 W Olive Street is listed at $649,000 ($373/sqft). The estimated monthly payment is $3,471 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2007, 0.09 acre lot, 2 stories. Interior Features: Storage.

This property is listed by Stacey Clendenin.

SC

Stacey Clendenin

License 201220935

Agent at MORE Realty

Listed by MORE Realty · Broker phone: 5033536673 · View on Broker Site

MLS# 26-1655· Source: Oregon Coast MLS· 140 days on PropertySimple

Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

561 W Olive Street, Newport, OR 97365

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