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$685,000 Just Listed
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Property 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 in
Full Property Details
Full Property Details for 561 W Olive St
General
- Price: $685,000
- Taxes: $5,214 (2025)
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 843292
- Updated: 7/10/2026
- Added to Site: Today
Interior
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Garage Description: Attached
Location
- County: OUTSIDE 4 COUNTY AREA
- Subdivision: NEWPORT
Heating & Cooling
- Heating/Cooling: Wall Furnace
- Water Heater: Electric
Utilities
- Sewer: Yes
- Water: City
Structural Information
- Roof: Composition
- Square Feet: 1,741
- Year Built: 2007
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Lot Description: 25700
Financial Considerations
- Price Per Sq. Ft.: $393.45
- Assessment Year: 2007
- Tax Amount: $5,214
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 25700
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Schools
Schools serving 561 W Olive St
School District:Lincoln County School District
| Name | Grades | Distance |
|---|---|---|
Sam Case Elementary School 351 Southeast Harney Street, Newport, OR 97365 | K-2 | 0.9 mi |
Sam Case Elementary 459 Northeast 12th Street, Newport, OR 97365 | 3-5 | 0.9 mi |
Newport Middle School 825 Northeast 7th Street, Newport, OR 97365 | 6-8 | 1 mi |
Newport High School, Newport, OR 322 Northeast Eads Street, Newport, OR 97365 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 561 W Olive St
Date
Details
Price
Change
Source
7/10/2026
Listed
$685,000
565.05%
MLS
3/15/2004
Sold
$103,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 561 W Olive St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,214
2%
$291,410
3%
2024
$5,105
2%
$282,930
3%
2023
$4,985
5%
$274,690
6%
2021
$4,748
-2%
$258,930
-3%
2022
$4,831
2%
$266,690
6%
2021
$4,748
7%
$251,390
3%
2019
$4,437
3%
$244,070
3%
2018
$4,300
1%
$236,970
3%
2017
$4,262
2%
$230,070
3%
2016
$4,172
8%
$223,370
3%
2015
$3,868
2%
$216,870
3%
2014
$3,781
5%
$210,560
3%
2013
$3,585
—
$204,430
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 561 W Olive St
561 W Olive St, Newport, OR 97365 (MLS# 843292) is a Single Family property with 3 bedrooms and 2 full bathrooms. 561 W Olive St is currently listed for $685,000 and was received on July 10, 2026. Want to learn more about 561 W Olive St? Do you have questions about finding other Single Family real estate for sale in Newport Temporary? You can browse all Newport Temporary real estate or contact a Coldwell Banker agent to request more information.

