Versatile 3 bedroom, 3 bath coastal home just steps from the trail to beach access. Ideal for full-time rental income, personal use, or both. Currently features two separate living spaces, each with its own private entrance and dedicated washer & dryer. Could easily convert to a single family residence with a doorway installation. Charming cottage features original hardwood floors and abundant natural light. Fully fenced yard provides space for outdoor enjoyment and private courtyard is ready for a hot tub. Oversized 1 car garage has plenty of storage and a work bench. The suite over the garage has slider to a deck to relax and listen to the sound of the ocean waves. Zoned R-2 with potential to add a full kitchen to the suite above the garage (buyer to verify.) Prime coastal location in a great walking neighborhood with 2 different trail accesses to miles of sandy beach and nearby Yaquina Head Natural Area, Lighthouse, Agate Beach and Moolack Beach. Possible owner carry terms available!
Active
$549,000
540 NW 56th St, Newport, OR 97365
3beds
1,716sqft
Single Family Residence
Built in 1955
7,840 Square Feet Lot
$538,700 Zestimate®
$320/sqft
$-- HOA
What's special
Abundant natural lightOriginal hardwood floors
- 67 days |
- 1,770 |
- 95 |
Zillow last checked:
Listing updated:
Listed by:
Amy Graham 541-992-1050,
Taylor & Taylor Realty Company
Source: OCMLS,MLS#: 26-1658
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Zoned
Cooling
- Ceiling Fan(s), None
Appliances
- Included: Dishwasher, Gas Range, Refrigerator, Washer/Dryer Stacked, Water Heater
- Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
Features
- Pantry, Storage, Hand-held Shower Head, Ceiling Fan(s)
- Flooring: Carpet, Hardwood, Tile, Vinyl
- Windows: Blinds
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,716
- Total interior livable area: 1,716 sqft
- Finished area above ground: 1,716
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached Garage, Driveway, Oversized
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Enclosed Porch, Open Patio
- Exterior features: Fire Pit, Courtyard
- Fencing: Full
- Has view: Yes
- View description: Other
Lot
- Size: 7,840 Square Feet
- Features: Landscaped, Level
Details
- Additional structures: None
- Parcel number: 101130AA60000
- Zoning description: R-2 Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- T1-11 Type
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Agate Beach
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $320/sqft
- Tax assessed value: $506,290
- Annual tax amount: $3,977
- Date on market: 6/16/2026
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan,Owner Will Carry,Submit
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Zestimate®
$538,700
Estimated sales range
$512,000 - $566,000
Rent Zestimate®
$2,706/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listed for sale | $549,000-2.8%$320/sqft |
Source: | ||
| 9/6/2025 | Listing removed | $2,700$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/3/2025 | Listing removed | $565,000$329/sqft |
Source: | ||
| 8/25/2025 | Listed for rent | $2,700+3.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/12/2025 | Price change | $565,000-1.7%$329/sqft |
Source: | ||
| 7/28/2025 | Price change | $575,000-4%$335/sqft |
Source: | ||
| 7/10/2025 | Price change | $599,000-4.8%$349/sqft |
Source: | ||
| 6/18/2025 | Price change | $629,000-3.2%$367/sqft |
Source: | ||
| 3/7/2025 | Listed for sale | $650,000+83.1%$379/sqft |
Source: | ||
| 11/21/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/26/2023 | Listed for rent | $2,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/2/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/20/2023 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 9/20/2023 | Listed for rent | $2,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/18/2021 | Sold | $355,000+7.6%$207/sqft |
Source: Public Record Report a problem | ||
| 5/23/2018 | Listing removed | $329,900$192/sqft |
Source: Coastal Dreams Real Estate #18-1014 Report a problem | ||
| 5/1/2018 | Price change | $329,900-0.9%$192/sqft |
Source: Coastal Dreams Real Estate #18-1014 Report a problem | ||
| 4/21/2018 | Listed for sale | $332,900+124.9%$194/sqft |
Source: Coastal Dreams Real Estate #18-1014 Report a problem | ||
| 9/20/2016 | Sold | $148,000-4.5%$86/sqft |
Source: | ||
| 8/4/2016 | Pending sale | $154,900$90/sqft |
Source: At the Beach Real Estate #16-746 Report a problem | ||
| 7/14/2016 | Price change | $154,900-8.8%$90/sqft |
Source: At the Beach Real Estate #16-746 Report a problem | ||
| 6/15/2016 | Price change | $169,900-12.3%$99/sqft |
Source: At the Beach Real Estate #16-746 Report a problem | ||
| 4/12/2016 | Price change | $193,800-5%$113/sqft |
Source: At the Beach Real Estate #16-746 Report a problem | ||
| 3/10/2016 | Listed for sale | $204,000-2.8%$119/sqft |
Source: At the Beach Real Estate #16-746 Report a problem | ||
| 1/19/2016 | Sold | $209,950-10.3%$122/sqft |
Source: Public Record Report a problem | ||
| 7/26/2005 | Sold | $234,000$136/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,858 +2.1% | $222,290 +3% |
| 2024 | $3,777 +2.4% | $215,820 +3% |
| 2023 | $3,689 +3.2% | $209,540 +3% |
| 2022 | $3,575 -1.3% | $203,440 +3% |
| 2021 | $3,622 +5.6% | $197,520 +3% |
| 2020 | $3,430 | $191,770 +3% |
| 2019 | -- | $186,190 +3% |
| 2018 | $3,281 | $180,770 +3% |
| 2017 | $3,281 +3.1% | $175,510 +3% |
| 2016 | $3,182 | $170,400 +3% |
| 2015 | $3,182 +10.3% | $165,440 +3% |
| 2014 | $2,884 | $160,630 +3% |
| 2013 | $2,884 +9.9% | $155,960 +3% |
| 2012 | $2,625 +3.2% | $151,420 +3% |
| 2011 | $2,545 +2.6% | $147,010 |
| 2010 | $2,480 +3.1% | $147,010 +6.1% |
| 2009 | $2,404 +1.7% | $138,580 |
| 2008 | $2,364 +3.5% | $138,580 +6.1% |
| 2007 | $2,285 | $130,640 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97365
Nearby schools
GreatSchools rating
- 5/10Sam Case ElementaryGrades: 3-5Distance: 2.5 mi
- 3/10Newport Middle SchoolGrades: 6-8Distance: 2.9 mi
- 6/10Newport High SchoolGrades: 9-12Distance: 3 mi
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