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.
Active
Price cut: $50K (5/26)
$849,900
563/565 SW 4th St, Newport, OR 97365
5beds
2,630sqft
MultiFamily
Built in 1993
-- sqft lot
$815,700 Zestimate®
$323/sqft
$-- HOA
What's special
Corner-lot propertyOcean-view deckUpdated homesPrivate decksOcean-view homes
- 40 days |
- 264 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Heidi Rogers 541-961-1198,
Cascade Hasson SIR
Source: OCMLS,MLS#: 26-1432
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Zoned
Cooling
- None
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Water Heater
Features
- Flooring: Carpet, Tile, Vinyl
- Has basement: No
Interior area
- Total structure area: 2,630
- Total interior livable area: 2,630 sqft
- Finished area above ground: 2,630
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Attached Garage, Driveway, Off Street
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Covered Porch
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 4,791 Square Feet
- Dimensions: 50 x 100
- Features: City Lot, Corner Lot, Level
Details
- Parcel number: 111108BC0390000
- Zoning description: R-4 Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
Materials
- HardiPlank Type, Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1993
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected, Separate Meters
Community & HOA
Community
- Subdivision: Bayley and Case's
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $323/sqft
- Annual tax amount: $7,412
- Date on market: 5/26/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
Estimated market value
$815,700
$775,000 - $856,000
$2,463/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Price change | $849,900-5.6%$323/sqft |
Source: | ||
| 10/16/2025 | Listed for sale | $899,900$342/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 97365
Nearby schools
GreatSchools rating
- NASam Case Elementary SchoolGrades: K-2Distance: 1 mi
- 3/10Newport Middle SchoolGrades: 6-8Distance: 1.2 mi
- 6/10Newport High SchoolGrades: 9-12Distance: 0.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Oregon
- Lincoln County
- Newport
- 97365
- 563/565 SW 4th St







