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Listed by Cascade Hasson Sotheby's International Realty
$ 849,900
Est. payment /mo
Active
563/565 SW 4TH ST Newport, OR 97365
2,630 SqFt
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

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