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Listed by Cascade Hasson Sotheby's International Realty

$849,900

Est. payment - /mo

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2,630 SqFt

Active

563/565 SW 4TH ST Newport, OR 97365

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,630 sqft

Price per Sqft $323

MLS Listing ID 578149621

HOA Y/N No

Year Built 1993

Annual Tax Amount $7,412

Tax Year 2025

Lot Size 4,791 Sqft

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.

Location

State OR

County Lincoln

Area _200

Zoning R-4

Rooms

Basement Crawl Space

Interior

Heating Wall Heater, Zoned

Cooling None

Exterior

Garage Spaces 3.0

View Ocean

Roof Type Composition

Garage No

Building

Lot Description Corner Lot, Level, Ocean Beach One Quarter Mile Or Less

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Yaquina View

Middle Schools Newport

High Schools Newport

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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