$849,900
Newport, OR 97365
MLS# 26-1432
5 beds | 3 baths | 2630 sqft
1 / 56
Property Description
Experience the best of coastal living with TWO ocean-view homes directly across from the oceanfront in the heart of Newport's desirable Nye Beach District! This unique corner-lot property offers exceptional flexibility for multigenerational living, guest accommodations, rental income, or a private coastal retreat. The main 2-story home features 1,836 sq ft with 3 bedrooms, 2 baths, and an oversized 3-car garage. The lower-level bedroom/office includes its own private exterior entrance, creating ideal space for a home business, guest suite, or separate living quarters. The second home is a charming single-level 794 sq ft cottage with 2 bedrooms, 1 bath, and its own ocean-view deck. Perfect as an ADU, vacation rental, long-term income property, or comfortable space for extended family and guests. Both homes enjoy ocean views, private decks, and an unbeatable location just steps from beach access, local restaurants, shopping, and all that Nye Beach has to offer. A rare opportunity to own two updated homes on one property in one of Newport's most sought-after coastal neighborhoods.
Details
Maps
Status Change Information
Status Change Timestamp: 2026-05-26
Address
Within City Limits?: Yes
Street Number: 563/565
Street Direction Prefix: SW
Street Name: 4th
Street Suffix: Street
County: Lincoln
State: OR
Postal Code: 97365
Directions: Hwy 101 in Newport, west to SW 4th St
Cross Street: SW Elizabeth St
Parcel Number: 11-11-08-BC-03900-00
Contract
Permissible for Vacation Rental: Unknown
Current Price: $849,900
Status: Active
Begin Date: 2026-05-26
List Price: $849,900
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax & Legal
CC&R's: No
Association/Community
Senior Community YN: No
Interior
Basement YN: No
Main Floor Living: Yes
Bedrooms Total: 5
Bathrooms Total: 3
Bathrooms Full: 3
Above Grade Finished Area: 2630
Living Area: 2630
Building
Year Built Details: 563 built in 1950
Accessibility Features YN: No
Year Built: 1993
Lot
Lot Size Dimensions: 50 x 100
View YN: Yes
Water Body Access YN: Yes
Lot Size Acres: 0.11
Lot Size Square Feet: 4791.6
Utilities
Electricity Connected: 1
Separate Meters: 1
Sewer Connected: 1
Water Connected: 1
Appliances
Dishwasher: 1
Electric Oven: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Water Heater: 1
Architectural Style
Traditional: 1
Construction Materials
HardiPlank Type: 1
Vinyl Siding: 1
Cooling
None: 1
Flooring
Carpet: 1
Tile: 1
Vinyl: 1
Foundation Details
Concrete Perimeter: 1
Heating
Electric: 1
Zoned: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lock Box Information
Lock Box Location: Back door of 563
Lock Box Type
Combo: 1
Lot Features
City Lot: 1
Corner Lot: 1
Level: 1
Outdoor Living Spaces Features
Covered Porch: 1
Deck: 1
Parking Features
Attached Garage: 1
Driveway: 1
Off Street: 1
Possession
Close Of Escrow: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Gravel: 1
Paved: 1
Roof
Composition: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Water Body Type
Ocean: 1
Water Heater
Electric: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 3607
Unit One
Unit Number: 563
Occupied: No
Beds Total: 2
Baths Total: 1
Living Area: 794
Furnished: Unfurnished
Parking Spaces: 2
Unit Description: Single level cottage, Parking: 2+
Actual Rent: 1795
Unit One Features
Dishwasher: 1
Electric Dryer Hookup: 1
Microwave: 1
Range/Oven: 1
Refrigerator: 1
Washer Hookup: 1
Unit Two
Unit Number: 565
Occupied: No
Beds Total: 3
Baths Total: 2
Living Area: 1836
Furnished: Unfurnished
Parking Spaces: 6
Unit Description: 2 story, 3-car garage, Parking: 6+
Actual Rent: 1812
Unit Two Features
Carpet Flooring: 1
Dishwasher: 1
Electric Dryer Hookup: 1
Microwave: 1
Range/Oven: 1
Washer Hookup: 1
Additional Tax and Location Information
Highway 101: West Side
Property Tax ID #: R305057
Subdivision Block: 67
Subdivision Parcel/Lot: 7
Tax District: 104
Showing Requirements
Call Listing Agent: 1
Lockbox: 1
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Multi Family
Tax Legal
Subdivision Name: Bayley and Case's
Tax Annual Amount: 7412.08
Tax Year: 2025
Zoning: R-4 Residential
Tax Lot: 3900
Tax Map Number: 111108BC
AssociationCommunity
Number Of Buildings: 2
Number of Units: 2
Parking Information
Garage YN: 1
Garage Spaces: 3
Parking Total: 8
Meter Information
Number Of Separate Electric Meters: 2
Number Of Separate Water Meters: 2
Property Features
Utilities: Electricity Connected; Separate Meters; Sewer Connected; Water Connected; Electricity Connected; Separate Meters; Sewer Connected; Water Connected
Appliances: Dishwasher; Electric Oven; Electric Range; Microwave; Refrigerator; Water Heater
Architectural Style: Traditional
Construction Materials: HardiPlank Type; Vinyl Siding
Cooling: None
Flooring: Carpet; Tile; Vinyl
Foundation Details: Concrete Perimeter
Heating: Electric; Zoned
Levels: Two
Listing Terms: Cash; Conventional; FHA; VA Loan
Lock Box Type: Combo
Lot Features: City Lot; Corner Lot; Level
Outdoor Living Spaces Features: Covered Porch; Deck
Parking Features: Attached Garage; Driveway; Off Street
Possession: Close Of Escrow
Road Responsibility: Public Maintained Road
Road Surface Type: Gravel; Paved
Roof: Composition
Sewer: Public Sewer
Special Listing Conditions: Standard
Unit One Features: Dishwasher; Electric Dryer Hookup; Microwave; Range/Oven; Refrigerator; Washer Hookup
Unit Two Features: Carpet Flooring; Dishwasher; Electric Dryer Hookup; Microwave; Range/Oven; Washer Hookup
Water Body Type: Ocean
Water Heater: Electric
Water Source: Public
Showing Requirements: Call Listing Agent; Lockbox
Listing Office: Cascade Hasson SIR
Office Email: ginger.burke@cascadehasson.com
Last Updated: June - 09 - 2026
Information deemed reliable but not guaranteed.