Active

Price cut: $10K (9/20)

$489,000

635 SW Elizabeth St, Newport, OR 97365

3beds

1,280sqft

$3,485/mo

Get pre-qualified

Townhouse

Built in 1982

2,613 Square Feet Lot

$479,900 Zestimate^®

$382/sqft

$-- HOA

What's special

Beautiful whitewater ocean viewsLow-maintenance yardAttached two-car garagePlenty of guest parking

Life is better at the beach! This 3-bedroom, 2-bath townhome offers beach access directly across the street and beautiful whitewater ocean views. Enjoy your morning coffee or unwind at the end of the day on the deck while listening to the waves. Just a 5-minute walk to Historic Nye Beach, you'll love having local shops, restaurants, and the beach right at your fingertips. Yaquina Bay State Park is also just a short stroll away. Best of all, there are no HOA fees or monthly dues. With an attached two-car garage, plenty of guest parking, and a low-maintenance yard, you'll have more time to enjoy everything the Oregon Coast has to offer. Whether you're looking for a full-time home, a beach getaway, or an investment property, this one is worth a look!

73 days
774
36

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Electric, Wall Furnace

Cooling

None

Appliances

Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Water Heater

Features

Flooring: Tile, Vinyl
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,280
Total interior livable area: 1,280 sqft
Finished area above ground: 1,280
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Attached Garage
Garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Deck
Has view: Yes
View description: Ocean
Has water view: Yes
Water view: Ocean

Lot

Size: 2,613 Square Feet

Details

Parcel number: 111108BC951000
Zoning description: R-4 Residential
Special conditions: Standard

Construction

Type & style

Home type: Townhouse
Property subtype: Townhouse

Materials

Cedar, Lap Siding
Foundation: Combination, Slab
Roof: Composition

Condition

New construction: No
Year built: 1982

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Newport

Financial & listing details

Price per square foot: $382/sqft
Tax assessed value: $577,280
Annual tax amount: $3,098
Date on market: 7/20/2026
Listing terms: Cash,Conventional,FHA
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$479,900

$456,000 - $504,000

$2,391/mo

Price history

Date	Event	Price
9/20/2026	Price change	$489,000-2%$382/sqft
Source: OCMLS #26-2014 Report a problem
8/14/2026	Price change	$499,000-5%$390/sqft
Source: OCMLS #26-2014 Report a problem
7/20/2026	Listed for sale	$525,000-4.4%$410/sqft
Source: OCMLS #26-2014 Report a problem
8/17/2025	Listing removed	$2,500$2/sqft
Source: Zillow Rentals Report a problem
7/22/2025	Listed for rent	$2,500+38.9%$2/sqft
Source: Zillow Rentals Report a problem
7/1/2025	Listing removed	$549,000$429/sqft
Source: OCMLS #25-502 Report a problem
5/1/2025	Price change	$549,000-3.5%$429/sqft
Source: OCMLS #25-502 Report a problem
3/19/2025	Listed for sale	$569,000+101.1%$445/sqft
Source: OCMLS #25-502 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
10/18/2018	Listing removed	$1,800$1/sqft
Source: Owner Report a problem
9/27/2018	Listed for rent	$1,800$1/sqft
Source: Owner Report a problem
7/31/2017	Sold	$283,000+1.1%$221/sqft
Source: OCMLS #LC-81683 Report a problem
5/31/2017	Pending sale	$280,000$219/sqft
Source: Martek Real Estate #17-1243 Report a problem
5/9/2017	Listed for sale	$280,000+20.2%$219/sqft
Source: Martek Real Estate #17-1243 Report a problem
12/10/2004	Sold	$233,000$182/sqft
Source: OCMLS #04-2866 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,005 +2.1%	$173,160 +3%
2024	$2,943 +2.4%	$168,120 +3%
2023	$2,873 +3.2%	$163,230 +3%
2022	$2,785 -1.3%	$158,480 +3%
2021	$2,822 +5.6%	$153,870 +3%
2020	$2,672	$149,390 +3%
2019	--	$145,040 +3%
2018	$2,556	$140,820 +3%
2017	$2,556 +3.1%	$136,720 +3%
2016	$2,479	$132,740 +3%
2015	$2,479 +10.3%	$128,880 +3%
2014	$2,247	$125,130