Ocean view home on the Yaquina Lighthouse Peninsula, set on a commanding hillside with a private greenbelt backdrop. Features a grand entry and formal foyer leading to 4 bedrooms and 2.5 baths, including a spacious primary suite. Formal living and entertaining areas are designed to capture expansive Pacific views, with large windows maximizing natural light. A separate private art studio offers flexibility for creative use, office, or retreat. The 3-car garage provides ample space, with a new garage door scheduled for installation. spacious layout designed to enhance comfort and function. Outdoors, enjoy ocean breezes and coastal sunsets in a private, natural setting with proximity to Yaquina Head, trails, and beaches. A rare opportunity to own a property with both hillside privacy and ocean vistas.
Sold
$950,000
557 NW 54th St, Newport, OR 97365
4beds
2,699sqft
Residential, Single Family Residence
Built in 1989
0.3 Acres Lot
$922,400 Zestimate®
$352/sqft
$3,424 Estimated rent
Home value
$922,400
$775,000 - $1.09M
$3,424/mo
Zestimate® history
Owner options
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$3,424/mo
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$5,751/mo
Est. payment
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$5,751/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Laura Allen 503-374-2755,
Redfin
Bought with:
Morgan Lemen, 201254715
Coldwell Banker Professional
Source: RMLS (OR),MLS#: 428490142
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Main
Dining room
- Level: Main
Family room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Built-In Range, Dishwasher, Free-Standing Range, Microwave, Range Hood, Stainless Steel Appliance(s)
Features
- Vaulted Ceiling(s), Granite
- Flooring: Tile
- Windows: Aluminum Frames
- Basement: Other
Interior area
- Total structure area: 2,699
- Total interior livable area: 2,699 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Garage Door Opener, Attached
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: Tri Level
- Stories: 3
- Has view: Yes
- View description: Ocean, Park/Greenbelt, Trees/Woods
- Has water view: Yes
- Water view: Ocean
- Body of water: Ocean
Lot
- Size: 0.30 Acres
- Features: Ocean Beach One Quarter Mile Or Less, Sloped, SqFt 10000 to 14999
Details
- Additional structures: Workshop
- Parcel number: R66113
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Approximately
- New construction: No
- Year built: 1989
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Satellite Internet Service
Community & neighborhood
Security
- Security features: Entry
Location
- Region: Newport
Other
Other facts
- Listing terms: Call Listing Agent,Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Sold | $950,000-4.5%$352/sqft |
Source:  RMLS (OR) #428490142 Report a problem | ||
| 12/23/2025 | Pending sale | $995,000$369/sqft |
Source: RMLS (OR) #428490142 Report a problem | ||
| 10/21/2025 | Price change | $995,000-1.4%$369/sqft |
Source:  OCMLS #25-1888 Report a problem | ||
| 8/21/2025 | Listed for sale | $1,009,000-9.5%$374/sqft |
Source: RMLS (OR) #428490142 Report a problem | ||
| 7/1/2025 | Listing removed | $1,115,000$413/sqft |
Source: OCMLS #25-646 Report a problem | ||
| 6/18/2025 | Price change | $1,115,000-0.9%$413/sqft |
Source: OCMLS #25-646 Report a problem | ||
| 5/13/2025 | Price change | $1,125,000-2.2%$417/sqft |
Source: OCMLS #25-646 Report a problem | ||
| 4/2/2025 | Listed for sale | $1,150,000-8%$426/sqft |
Source: OCMLS #25-646 Report a problem | ||
| 11/13/2024 | Listing removed | $1,250,000$463/sqft |
Source: OCMLS #24-1925 Report a problem | ||
| 8/27/2024 | Listed for sale | $1,250,000+127.3%$463/sqft |
Source: OCMLS #24-1925 Report a problem | ||
| 9/12/2012 | Sold | $550,000-5%$204/sqft |
Source: OCMLS #LC-66258 Report a problem | ||
| 6/7/2012 | Listed for sale | $579,000-22.7%$215/sqft |
Source: Advantage Real Estate #12-1482 Report a problem | ||
| 11/16/2009 | Listing removed | $749,000$278/sqft |
Source: Windermere West Coast Properties #09-1814 Report a problem | ||
| 9/24/2009 | Listed for sale | $749,000$278/sqft |
Source: Windermere West Coast Properties #09-1814 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,136 +2.4% | $636,260 +3% |
| 2023 | $10,874 +3.2% | $617,730 +3% |
| 2022 | $10,539 -1.3% | $599,740 +3% |
| 2021 | $10,677 +5.6% | $582,280 +3% |
| 2020 | $10,111 | $565,330 +4.6% |
| 2019 | -- | $540,380 +3% |
| 2018 | $9,521 | $524,650 +3% |
| 2017 | $9,521 +3.1% | $509,370 +3% |
| 2016 | $9,236 | $494,540 +8.5% |
| 2015 | $9,236 +10.2% | $455,920 -2.3% |
| 2014 | $8,381 | $466,750 -2.8% |
| 2013 | $8,381 +3.7% | $480,140 +3% |
| 2012 | $8,083 +3.2% | $466,160 +3% |
| 2011 | $7,835 +2.6% | $452,590 |
| 2010 | $7,634 +3.1% | $452,590 +6.1% |
| 2009 | $7,402 +1.7% | $426,620 |
| 2008 | $7,279 +3.5% | $426,620 +6.1% |
| 2007 | $7,033 | $402,140 |
Find assessor info on the county website
Neighborhood: 97365
Nearby schools
GreatSchools rating
- 5/10Sam Case ElementaryGrades: 3-5Distance: 2.4 mi
- 3/10Newport Middle SchoolGrades: 6-8Distance: 2.8 mi
- 6/10Newport High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Sam Case
- Middle: Newport
- High: Newport
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Oregon
- Lincoln County
- Newport
- 97365
- 557 NW 54th St
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