Water Views
Address
563/565 Sw 4th Street, Newport, OR
Price
$ 849,900
Property Attributes
  • MLS#261432
  • TypeSingle Family
  • Listing Status Active
  • CountyLINCOLN
  • CityNewport
  • NeighborhoodBayley and Cases
  • Zip97365
  • StyleTraditional
  • Year Built1993
  • Taxes$ 7412
  • Price$ 849,900
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2630
  • Lot Size0.11 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
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.

Price History
5/26/2026 Listed $849,900

General Features

Heating Electric,Zoned
Cooling None
Utilities Electricity Connected,Separate Meters,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Dishwasher,Electric Oven,Electric Range,Microwave,Water Heater,Refrigerator
Zoning R-4 Residential
Garage Spaces 3.0
Patio/Porch Features Covered Porch,Deck
Architectural Style Traditional
Year Built 1993
View Ocean
Property Subtype Multi Family
Tax Year 2025
Gross Income 3607.0
County Lincoln
Property Type Residential Income
HOA No
Attached Garage No
Subdivision Name Bayley and Case's
Garage Y/N Yes
Status Active
Directions Hwy 101 in Newport,west to SW 4th St
City Newport
Senior Community Y/N No
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4791.6
Carport Y/N No
Year Built Details 563 built in 1950
Land Lease Y/N No
Tax Annual Amount 7412.08
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active

Interior Features

Flooring Carpet,Tile,Vinyl
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 2630.0
Total Bedrooms 5
Below Grade Finished Area 0.0
Total Baths 3

Exterior Features

Parking Features Attached Garage,Driveway,Off Street
Lot Features Level,City Lot,Corner Lot
Water Source Public
Total Parking 8.0
Lot Size Area 0.11
Foundation Details Concrete Perimeter
Number of Buildings 2
Spa No
Building Area Total 2630.0
Lot Dimensions 50 x 100
Lot Size Acres 0.11
Road Surface Type Gravel,Paved
Number of Separate Water Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97365

Price
AVG $480K
$850K
Taxes
AVG $3,667
$7,412
Year Built
AVG 1981
1993
Visits
AVG 33
31
Data Provided by Inside Real Estate®